Women's Business Center Renewal Grants


The summary for the Women's Business Center Renewal Grants Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, the government agency offering the grant, funding award amounts, and important deadlines. 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.


Federal Grant Title: Women's Business Center Renewal 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-2010-02
Document Type: Grants Notice
Funding Instrument Type: Cooperative Agreement
Posted Date: Dec 31, 2009
Creation Date: Dec 31, 2009
Original Closing Date for Applications: Jan 28, 2010
Current Closing Date for Applications: Jan 28, 2010
Archive Date: Jan 29, 2010
Expected Number of Awards: 25
Estimated Total Program Funding: $14,000,000
Federal Grant Award Ceiling: $119,879
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 nonprofit organizations certified under Section 501(c) of the Internal Revenue Code of 1986 that have successfully completed either a 5-year WBC initial grant or a 5-year WBC sustainability grant and that continue to meet the program criteria as provided in the Eligibility section of Program Announcement OWBO-2010-02 may apply for this award.
Grant Description
The U.S. Small Business Administration (SBA) has issued Program Announcement No. OWBO-2010-02 to invite existing women's business centers that have successfully completed either a five year WBC initial grant or a five year WBC sustainability grant and that continue to meet the program criteria as provided in the Eligibility section of the program announcement to apply for a three year WBC renewal grant. Successful applicants will receive awards in the form of a cooperative agreement for the base year. Two additional option years may be exercised, subject to the availability of funding and the WBC's performance during the previous year. An SBA women's business center is a program or project funded, in part, by a grant from the SBA to provide technical assistance, such as training and counseling to women entrepreneurs, both nascent and owners of existing businesses. The WBC may exist within the framework of a larger economic development organization and may make use of the resources provided by that organization, and must be a clearly identifiable separate program or project of that entity. The function of the Women's Business Center Program Renewal Grant is to provide continued funding for women's business centers to provide technical assistance to women entrepreneurs, both nascent and established. A representative number of clients served by each WBC must be socially and economically disadvantaged. WBC grant recipients must provide assistance to women entrepreneurs in the areas of finance, management and marketing, and other areas as defined in the Program Announcement OWBO-2010-02. 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 federal dollar. 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.
Link to Full Grant Announcement
http://www.sba.gov/aboutsba/sbaprograms/onlinewbc/wbc_2010_grant_announcement.html
Grant Announcement Contact
Office of Women's Business Ownership Phone 202-205-6673 Email for Program Announcement OWBO-2010-02 [OWBO@sba.gov]
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