Microenterprise Development Grants (59.050)
Program
59.050 Microenterprise Development Grants
Federal Agency
Agency: Small Business Administration
Authorization
Riegle Community Development and Regulatory Improvement Act of 1994, Public Law 106-102.
Program Number
59.050
Last Known Status
Active
Objectives
To increase the number of microenterprises and to enhance the management capability of microentrepreneurs to provide training and technical assistance at little or no cost to microentrepreneur and/or microenterprises to assist in starting, expanding and/or growing their business; to provide training and capacity building services to enhance existing MDOs and expand the universe of MDOs that provide microenterprise development training programs and services; and to fund research and development of best practices for training and technical assistance consistent with the PRIME Act.
Types of Assistance
PROJECT GRANTS
Uses and Use Restrictions
The recipients of the services provided by the grantees are those persons/businesses who satisfy the eligibility criteria as defined in the Act.
Eligibility Requirements
Applicant Eligibility
Grant recipients shall be non-profit microenterprise development or program (or a collaborative thereof) that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs, an intermediary, a microenterprise development organization or program 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 the tribe can certify that no private organization or program referred to in this paragraph exists within its' jurisdiction.
Beneficiary Eligibility
Disadvantaged entrepreneurs, microenterprises, and microenterprise development organizations as defined in the Act.
Credentials/Documentation
No Credentials or documentation are required. This program is excluded from coverage under OMB Circular No. A-87.
Application and Award Process
Preapplication Coordination
Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.
Application Procedure
This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110. Subject to the availability of funds, SBA will issue a Notice of Funds Availability (NOFA) soliciting responses from qualified organizations for the services to be provided under the Act.
Award Procedure
Successful offerors will be notified of a decision by letter from the Office of Financial Assistance.
Deadlines
Contact the headquarters or regional office, as appropriate, for application deadlines.
Range of Approval/Disapproval Time
Sixty to 90 days.
Appeals
Additional information available at SBA's website at sba.gov.
Renewals
The period of performance for grants awarded under the Act is for one year with four twelve month options exercised at the discretion of the government.
Assistance Considerations
Formula and Matching Requirements
Statutory formulas are not applicable to this program.
Matching requirements are not applicable to this program.
MOE requirements are not applicable to this program.
Length and Time Phasing of Assistance
Additional details available on SBA's website at sba.gov. See the following for information on how assistance is awarded/released: Additional details available on SBA's website at sba.gov.
Post Assistance Requirements
Reports
Additional details available on SBA's website at sba.gov. Additional details available on SBA's website at sba.gov. Additional details available on SBA's website at sba.gov. Additional details available on SBA's website at sba.gov. Additional details available on SBA's website at sba.gov.
Audits
In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. SBA reserves the right to perform pre- and post award audits. Grant recipients are required to provide audited financial statements on an annual basis.
Records
Grant recipients are required to collect and maintain data on recipients of technical assistance which shall be included in the grant recipient's performance reports.
Program Accomplishments
Fiscal Year 2008: See the FY 2010 Performance and Accountability Report on SBA's website at sba.gov. Fiscal Year 2009: See the FY 2010 Performance and Accountability Report on SBA's website at sba.gov. Fiscal Year 2010: See the FY 2010 Performance and Accountability Report on SBA's website at sba.gov.
Financial Information
Account Identification
73-0100-0-1-376.
Obligations
(Salaries) FY 08 $2,813,000; FY 09 est $5,062,000; FY 10 est $3,235,000
Range and Average of Financial Assistance
No Data Available.
Regulations, Guidelines and Literature
The regulations are available in 13 CFR.
Related Programs
59.006 8(a) Business Development Program; 59.037 Small Business Development Centers; 59.043 Women's Business Ownership Assistance; 59.044 Veterans Business Development; 59.052 Native American Outreach
Information Contacts
Regional or Local Office
See Regional Agency Offices.
Headquarters Office
David Lippold 409 3rd. Street, SW, Suite 6000, Washington, District of Columbia 20416 Email: david.lippold@sba.gov Phone: 202-205-6569
Web Site Address
Examples of Funded Projects
Not Applicable.
Criteria for Selecting Proposals
Past performance, approach, personnel, and cost.
