Virtual Business Center

The summary for the Virtual Business Center 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 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 Department of Commerce, which is the U.S. government agency offering this grant.
Virtual Business Center: This notice requests applications for the development of a Minority Business Development Agency Virtual Business Center (VBC). The VBC is a new business assistance program designed to maximize the use of technology in serving Minority Business Enterprises (MBEs). The VBC will leverage partner resources to deliver robust tools and services. This program can support the use of a fee for service model. This notice also provides the public with information and guidelines on how MBDA will select proposals and administer Federal financial assistance under this Announcement. The funding instrument is a Cooperative Agreement and includes substantial Federal government programmatic involvement. Substantial involvement means that, after award, MBDA program staff will assist and guide the provision of VBC activities. This Notice of Federal Funding Opportunity (NOFO) is not to start an individual business. Applications must be submitted for the operation of the VBC that will provide business development services to eligible minority-owned firms as set forth in this Announcement. Applications that do not meet these requirements will not be considered.
Federal Grant Title: Virtual Business Center
Federal Agency Name: Department of Commerce (DOC)
Grant Categories: Environment Natural Resources Science and Technology
Type of Opportunity: Discretionary
Funding Opportunity Number: MBDA-OBD-2019-2006126
Type of Funding: Cooperative Agreement
CFDA Numbers: 11.802
CFDA Descriptions: Information not provided
Current Application Deadline: July 26th, 2019
Original Application Deadline: July 26th, 2019
Posted Date: June 14th, 2019
Creation Date: June 14th, 2019
Archive Date: August 25th, 2019
Total Program Funding: $5,200,000
Maximum Federal Grant Award: $5,200,000
Minimum Federal Grant Award: $1
Expected Number of Awards: 1
Cost Sharing or Matching: Yes
Last Updated: June 14th, 2019
Applicants Eligible for this Grant
Others (see text field entitled "Additional Information on Eligibility" for clarification.)
Additional Information on Eligibility
Eligible applicants include: for-profit entities (including but not limited to sole-proprietorships, partnerships, limited liability companies, and corporations), non-profit organizations, state and local government entities, quasi-government entities, Tribal entities, and educational institutions.
Grant Announcement Contact
Nakita Chambers 202-482-0065
1401 Constitution Ave., NW
Washington, DC 20230
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