PRIME-2020-01

The summary for the PRIME-2020-01 grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, 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 as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Small Business Administration, which is the U.S. government agency offering this grant.
PRIME-2020-01: The purpose of this Funding Opportunity is to invite proposals for funding from private, non- profit microenterprise development organizations; microenterprise development programs run by State/Local/Tribal Governments; or Indian tribes interested in providing assistance and guidance to disadvantaged microentrepreneurs and/or microenterprise development organizations for the purposes stated in this Announcement.
Federal Grant Title: PRIME-2020-01
Federal Agency Name: Small Business Administration (SBA)
Grant Categories: Business and Commerce
Type of Opportunity: Discretionary
Funding Opportunity Number: SBA-OCAPR-20-001
Type of Funding: Grant
CFDA Numbers: 59.050
CFDA Descriptions: Information not provided
Current Application Deadline: May 31st, 2020
Original Application Deadline: May 31st, 2020
Posted Date: May 1st, 2020
Creation Date: May 1st, 2020
Archive Date: June 30th, 2020
Total Program Funding: $5,500,000
Maximum Federal Grant Award: $250,000
Minimum Federal Grant Award: $75,000
Expected Number of Awards: 27
Cost Sharing or Matching: Yes
Last Updated: May 1st, 2020
Applicants Eligible for this Grant
Native American tribal governments (Federally recognized) - Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education - Nonprofits that do not have a 501 (c) (3) status with the IRS, other than institutions of higher education
Additional Information on Eligibility
•A microenterprise development organization or program (or group or Collaborative thereof), such as a non-profit Community Development Financial Institution or similar entity, that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs; or • An Intermediary (as defined in Section 8.1) which has experience in delivering technical assistance to disadvantaged entrepreneurs; or • A microenterprise development organization or program (as defined in Section 8.1) that is accountable to a local community, working in conjunction with a State or local government or Indian Tribe. • An Indian tribe acting on its own, if it can certify that no private organization or program referred to above exists within its jurisdiction. *Microenterprise Development Organization or Program – a nonprofit entity, or a program administered by such an entity, including community development corporations or other nonprofit development organizations and social service organizations that provide services to disadvantaged microentrepreneurs.
Link to Full Grant Announcement
PRIME-2020-01
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