Rural Microentrepreneur Assistance Program

The summary for the Rural Microentrepreneur Assistance Program 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:	Rural Microentrepreneur Assistance Program
	CFDA Number:	10.870
	CFDA Description:	Rural Microentrepreneur Assistance Program
	Federal Agency Name:	Business and Cooperative Programs
	Category of Funding Activity:	Other
	Category Explanation:	The purpose of the RMAP program is to support the development and ongoing success of rural microentrepreneurs and microenterprises. Direct loans and grants are made to selected Microenterprise Development Organizations (MDOs).
	Opportunity Category:	Mandatory
	Funding Opportunity Number:	RDBCP-10-RMAP
	Document Type:	Modification to Previous Grants Notice
	Funding Instrument Type:	Grant
	Posted Date:	Jun 04, 2010
	Creation Date:	Jun 10, 2010
	Original Closing Date for Applications:	Jul 16, 2010
	Current Closing Date for Applications:	Jul 16, 2010
	Archive Date:	Aug 16, 2010
	Expected Number of Awards:	35
	Estimated Total Program Funding:	$8,900,000
	Federal Grant Award Ceiling:	$130,000
	Federal Grant Award Floor:	$0
	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 entities, Indian tribes, and public institutions of higher education that, for the benefit of rural microentrepreneurs and microenterprises, provides training and technical assistance, makes microloans or facilitates access to capital or another related service, and/or has demonstrated record of delivering, or an effective plan to develop a program to deliver such services.
Grant Description: Eligible MDOs will automatically be eligible to receive technical assistance grants to provide technical assistance and training to microentrepreneurs that have received or are seeking a microloan under the RMAP. These grants are limited to an amount equal to not more than 25 percent of the loan to an MDO under the RMAP.Technical assistance-only (TA-only) grants will competitively be made to MDOs for the purpose of providing technical assistance and training to prospective borrowers. TA-only grants will be made to eligible MDOs that seek to provide business-based technical assistance and training to eligible microentrepreneurs and microenterprises, but do not seek funding for a direct loan under RMAP.
Link to Full Grant Announcement: http://edocket.access.gpo.gov/2010/pdf/2010-13380.pdf
Grant Announcement Contact: Lori Washington Loan Specialist Phone 2027209815

National Office Respresentative [lori.washington@wdc.usda.gov]