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-2011-01 to provide training and capacity building grant programs to microenterprise development organizations ("MDOs"). PRIME has several tracks for which SBA will consider granting awards under this program announcement. Track 1 - Technical Assistance calls for applications from qualified organizations wishing to obtain grant funding for the purpose of providing training and technical assistance programs for disadvantaged microentrepreneurs.Track 2 - Capacity Building calls for applications from qualified organizations wishing to obtain grant funding for the purpose of providing training and capacity building services to microenterprise development organizations, programs and groups of such organizations to assist them in developing microenterprise training and services. The Act also authorizes a third track, Track 3, for the purpose of pursuing research and development and the establishment of best practices in the field of microenterprise and technical assistance programs for disadvantaged microentrepenurs. However, SBA will not seek Track 3 applications as part of this FY 2011 Program Announcement. See Program Announcement for complete details.Questions about this program announcement should be directed to the Office of Financial Assistance at [email protected]
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-2011-01
Type of Funding: Grant
CFDA Numbers: 59.050
CFDA Descriptions: Prime Technical Assistance
Current Application Deadline: Jul 23, 2011
Original Application Deadline: Jul 23, 2011
Posted Date: Jun 23, 2011
Creation Date: Jun 23, 2011
Archive Date: Aug 22, 2011
Total Program Funding: $8,000,000
Maximum Federal Grant Award: $250,000
Minimum Federal Grant Award: $50,000
Expected Number of Awards: 100
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
David De Leva Grants Management Officer Phone 202-205-7051

[email protected] [[email protected]]
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