Women's Business Center Initial Grants

The summary for the Women's Business Center Initial Grants 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 Grants
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-2009-01-1
Document Type: Grants Notice
Funding Instrument Type: Cooperative Agreement
Posted Date: Jul 27, 2009
Creation Date: Jul 27, 2009
Original Closing Date for Applications: Aug 24, 2009
Current Closing Date for Applications: Aug 24, 2009
Archive Date: Aug 25, 2009
Expected Number of Awards: 1
Estimated Total Program Funding: $150,000
Federal Grant Award Ceiling: $150,000
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
Only private non-profit organizations certified under Section 501(c) of the Internal Revenue Code of 1986 that provide technical assistance to small business concerns owned and controlled by women and that meet all other criteria identified in the Program Announcement OWBO-2009-01-1, Section III: Eligibility Information may apply for this award.
Grant Description
The U.S. Small Business Administration (SBA) has issued Program Announcement OWBO-2009-01-1 to invite a private non-profit organization certified under Section 501(c) of the Internal Revenue Code of 1986 to start a new, community-based Women's Business Center (WBC) in the state of South Dakota. WBCs provide technical assistance to women entrepreneurs, both nascent and established, in the areas of finance, management, marketing, and other areas as defined in Program Announcement OWBO-2009-01-1. A representative number of clients served by the 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. 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. The successful applicant will receive an award in the form of a cooperative agreement for the base year (year one). Four additional option years (years two - five) may be executed, subject to the availability of funding and the WBC's performance during the previous year. The award recipient must provide non-federal matching funds as follows: 1 non-federal dollar for each 2 federal dollars in years one and two and 1 non-federal dollar for each 1 federal dollar in years three through five. Up to 50% of the non-federal matching funds may be in the form of in-kind contributions and at least 50% of non-federal matching funds must be in the form of cash (includes program income).
Link to Full Grant Announcement
http://www.sba.gov/aboutsba/sbaprograms/onlinewbc/wbc_2009_grant_announcement.html
Grant Announcement Contact
Office of Women's Business Ownership Phone 202-205-6673

E-mail for program announcement questions [owbo@sba.gov]
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