Program for Investment In Microentrepreneurs Act ("PRIME")

The summary for the Program for Investment In Microentrepreneurs Act ("PRIME") grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Small Business Administration, which is the U.S. government agency offering this grant.
Program for Investment In Microentrepreneurs Act ("PRIME"): The U.S. Small Business Administration (SBA) has issued Program Announcement No.PRIME-2010-01 to provide training and capacity building grant programs to microenterprise development organizations ("MDOs"). Additionally, the Act authorizes research and development of best practices for microenterprise development and technical assistance programs for disadvantaged entrepreneurs and other activities as the administrator of SBA determines are consistent with the Act.PRIME has several purposes for which SBA will issue separate program announcements soliciting applications geared toward a particular legislative purpose. Program Announcements called for under the Act solicit, from eligible organizations, applications for grant funding to be used to carry out the purposes of the Act. See Program Announcement for complete details.Questions about this program announcement should be directed to the Office of Financial Assistance at prime@sba.gov.
Federal Grant Title: Program for Investment In Microentrepreneurs Act ("PRIME")
Federal Agency Name: Small Business Administration
Grant Categories: Business and Commerce
Type of Opportunity: Discretionary
Funding Opportunity Number: PRIME-2010-01
Type of Funding: Grant
CFDA Numbers: 59.050
CFDA Descriptions: Prime Technical Assistance
Current Application Deadline: Jul 30, 2010 The closing date is J
Original Application Deadline: Jul 15, 2010 The c
Posted Date: Jun 15, 2010
Creation Date: Jul 14, 2010
Archive Date: Jul 31, 2010
Total Program Funding: $3,600,000
Maximum Federal Grant Award: $250,000
Minimum Federal Grant Award: $50,000
Expected Number of Awards:
Cost Sharing or Matching: Yes
Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility
A microenterprise development organization or program (or group or Collaborative thereof) that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs with specific emphasis on women; A private, nonprofit entity serving or seeking to serve microenterprise development organizations; A mircroenterprise development organization or program that is accountable to a local community, working with a State or local government or Indian Tribe; or An Indian tribe acting on its own, if the Indian tribe can certify that no private organization or program referred to in paragraph in paragraphs (1) exists within its jurisdiction.
Link to Full Grant Announcement
Information not provided
Grant Announcement Contact
Office of Financial Assistance

prime@sba.gov [prime@sba.gov]
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