Program for Investment in Mircoenterprise Act

The summary for the Program for Investment in Mircoenterprise Act Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, 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 in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


Federal Grant Title: Program for Investment in Mircoenterprise Act
CFDA Number: 59.049
CFDA Description: Office of Small Disadvantaged Business Certification and Eligibility
Federal Agency Name: Small Business Administration
Category of Funding Activity: Other
Category Explanation: Program for Investment in Microenterprise Act, (Prime) to provide microenterprise development organizations (MDOs) capacity building services.
Opportunity Category: Discretionary
Funding Opportunity Number: PRIME-04-2
Document Type: Modification to Previous Grants Notice
Funding Instrument Type: Grant
Posted Date: Apr 06, 2004
Creation Date: Jun 08, 2004
Original Closing Date for Applications: May 11, 2004
Current Closing Date for Applications: Information not provided
Archive Date: Jun 08, 2004
Expected Number of Awards: 35
Estimated Total Program Funding: $5,000,000
Federal Grant Award Ceiling: Information not provided
Federal Grant Award Floor: Information not provided
Cost Sharing or Matching Requirement: Yes

Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility
non-profit micorenterprise development organizations or programs; intermediaries (as defined); other microenterprise development organizations or programs ( as defined) that are accountable to a local community, working in conjuction with a State or local government or Indian tribe; or Indian tribes acting on their own, with proper certification that no other qualifed organization exists within their jurisdiction.
Grant Description
Program Announcement PRIME-04-2 U.S. Small Business Administration Office of Financial Assistance Program for Investment in Entrepreneurs- Capacity Building Program Announcement PRIME-04-2 solicits applications from eligible organizations seeking Federal Funding for the purpose of providing capacity building services to community based organized occupied with the provision of training and technical assistance to low-income and very-low income individuals that wish to pursue self employment. Grants awarded will generally require a 50% match. In order to ensure that capacity building services are provided to organizations serving the neediest regions of the country, applications will be accepted only from organizations with the capacity to provide services in the following states: Alabama Arizona Arkansas District of Columbia Kentucky Louisiana Mississippi Montana New Mexico New York North Carolina Oklahoma South Carolina Tennessee Texas West Virginia Closing Date and Time for submission of Applications: May 11, 2004 at 4:00 p.m. Estimated Project Start Date: Fourth Quarter, 2004 Project Duration: One year from the start date with the possibility of 4 option years Interested parties may access Program Announcement PRIME-04-2 and application materials on or after the opening date of March 23, 2004 at the following website: http://www.sba.gov/financing/sbapartner/PRIME.html Questions concerning the technical aspects of this program announcement should be directed to Jody Raskind at jody.raskind@sba.gov or (202)205-6497. Questions concerning the budget or financial aspects of this program announcement should be directed to Adrienne Y. Dinkins at adrienne.dinkins@sba.gov or (202) 205-7140.
Link to Full Grant Announcement
http://www.sba.gov/financing/sbapartner/prime.html
http://www.sba.gov/financing/sbapartner/PRIME.html
Grant Announcement Contact
Dinkins, Adrienne, Grants Management Specialist, Phone (202) 205-7140, Fax (202) 205-6821, Email adrienne.dinkins@sba.gov adrienne.dinkins@sba.gov Dinkins, Adrienne
Similar Government Grants
PRIME - Program for Investment in Micorenterprise Act

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