Women's Business Center Initial Grant

The summary for the Women's Business Center Initial Grant 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: Women's Business Center Initial Grant
CFDA Number: 59.043
CFDA Description: Women's Business Ownership Assistance
Federal Agency Name: Small Business Administration
Category of Funding Activity: Business and Commerce
Category Explanation: Information not provided
Opportunity Category: Discretionary
Funding Opportunity Number: OWBO-2011-01
Document Type: Grants Notice
Funding Instrument Type: Cooperative Agreement
Posted Date: May 25, 2011
Creation Date: May 25, 2011
Original Closing Date for Applications: Jun 24, 2011
Current Closing Date for Applications: Jun 24, 2011
Archive Date: Jun 25, 2011
Expected Number of Awards: 1
Estimated Total Program Funding: 123,367
Federal Grant Award Ceiling: 123,367
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
Only private, 501(c)-certified nonprofit organizations that are located within and will provide services to the population of South Carolina as outlined in Program Announcement OWBO-2011-01, Section III. B. Eligibility Information.
Grant Description
The U.S. Small Business Administration (SBA) has issued Program Announcement No. OWBO-2011-01 to invite private, 501(c)-certified nonprofit organizations that are located within and will provide services to the population of South Carolina as outlined in Program Announcement OWBO-2011-01 to apply for a five year Women's Business Center (WBC) grant. The SBA Women's Business Center is a program or project funded, in part, by a grant from the SBA to provide technical assistance to women entrepreneurs, both nascent and established in the areas of finance, management, and marketing, and other areas as defined in Program Announcement OWBO-2011-01. A representative number of clients served by a WBC must be socially and economically disadvantaged. The WBC may exist within the framework of a larger economic development organization and may make use of the resources provided by that organization, but must be a clearly identifiable separate program or project of that entity. The successful applicant will receive an award in the form of a cooperative agreement for the base year. Four additional option years may be exercised, subject to the availability of funding and the WBC's performance during the previous year. Program authority is detailed in the Small Business Act, Sections 2(h) and 29 (15 U.S.C. Sections 631(h) and 656), as amended. Award recipients must provide non-federal matching funds as follows: one non-federal dollar for each two federal dollars for years one (1) and two (2), and one non-federal dollar for each one federal dollars for years three (3) through five (5). Up to 50% of the non-federal matching funds may in the form of in-kind contributions and at least 50% of the non-federal matching funds must be in cash to include program income (e.g., fees generated from services).
Link to Full Grant Announcement
http://www.sba.gov/content/womens-business-center-grant-opportunities
Grant Announcement Contact
Office of Women's Business Ownership 202-205-6673

Electronic Mailbox for Questions Relating to Prog. Ann. [owbo@sba.gov]
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