PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS (PRIME)

The summary for the PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS (PRIME) 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.

PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS (PRIME): The PRIME Act authorizes the SBA Administrator to establish a program for the purposes of: (i) providing training and technical assistance to disadvantaged entrepreneurs; (ii) providing training and capacity building assistance to microenterprise development organizations (MDOs) and programs; (iii) aiding in Research and development of best practices for microenterprise and technical assistance programs for disadvantaged entrepreneurs; and (iv) for other activities as the SBA Administrator determines.

Federal Grant Title:	PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS (PRIME)
Federal Agency Name:	Small Business Administration (SBA)
Grant Categories:	Business and Commerce
Type of Opportunity:	Discretionary
Funding Opportunity Number:	SB-OCAPR-26-001
Type of Funding:	Grant
CFDA Numbers:	59.050
CFDA Descriptions:	Information not provided
Current Application Deadline:	August 12th, 2026
Original Application Deadline:	August 12th, 2026
Posted Date:	July 15th, 2026
Creation Date:	July 15th, 2026
Archive Date:	September 11th, 2026
Total Program Funding:
Maximum Federal Grant Award:	$400,000
Minimum Federal Grant Award:	$75,000
Expected Number of Awards:
Cost Sharing or Matching:	Yes
Last Updated:	July 15th, 2026

Category Explanation: 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; or •An Indian tribe acting on its own, if it can certify that no private organization or program referred to above exists within its jurisdiction. •Religious Organizations with the following restrictions: may only conduct explicitly religious activities outside other programs directly funded by the federal government and at a separate time or location, may not use any direct Federal financial assistance to support or engage in any explicitly religious activities and may not discriminate against beneficiaries or prospective beneficiaries of this program on the basis of religion or religious belief. See Section 4.1.5 for additional guidance on documenting eligibility. Eligible nonprofit entities may apply either individually or as part of a Collaborative. All parties to a Collaborative must separately meet the PRIME Program eligibility criteria.
Applicants Eligible for this Grant: 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 - Others (see text field entitled "Additional Information on Eligibility" for clarification.)
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; or •An Indian tribe acting on its own, if it can certify that no private organization or program referred to above exists within its jurisdiction. •Religious Organizations with the following restrictions: may only conduct explicitly religious activities outside other programs directly funded by the federal government and at a separate time or location, may not use any direct Federal financial assistance to support or engage in any explicitly religious activities and may not discriminate against beneficiaries or prospective beneficiaries of this program on the basis of religion or religious belief. See Section 4.1.5 for additional guidance on documenting eligibility. Eligible nonprofit entities may apply either individually or as part of a Collaborative. All parties to a Collaborative must separately meet the PRIME Program eligibility criteria.
Grant Announcement Contact: Office of Financial Assistance
202-619-0628
[email protected]
PRIME Contact Email
Similar Government Grants: • PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS (PRIME) FY 2026; • PRIME 2024; • PRIME 2023-01; • PRIME 2022-01; • PRIME-2021-01; • Financial Services Implementation Grant Program; • Program for Investment in Microentrpreneurs Act ("PRIME"); • Program for Investment In Microentrepreneurs Act ("PRIME")
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