Business and International Education Projects


To promote innovation and improvement in international business education curricula at institutions of higher education (IHEs) and promote linkages between IHEs and the business community.

General information about this opportunity
Last Known Status
Deleted 03/03/2014 (Archived.)
Program Number
Federal Agency/Office
Agency: Department of Education
Office: Office of Postsecondary Education
Type(s) of Assistance Offered
Program Accomplishments
Fiscal Year 2012: No Current Data Available Fiscal Year 2013: No Current Data Available Fiscal Year 2014: No Current Data Available
Higher Education Act of 1965, as amended, Title VI, Part B, Section 611.
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Accredited institutions of higher education may apply. Institutions must enhance their own international academic programs and provide appropriate services to the business community to expand U.S. exports abroad.
Beneficiary Eligibility
Students and faculty at accredited institutions will benefit. Business community will also benefit.
No Credentials or documentation are required. This program is excluded from coverage under OMB Circular No. A-87.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review.
Application Procedure
This program is excluded from coverage under OMB Circular No. A-102. OMB Circular No. A-110 applies to this program. Eligible institutions may submit proposals for funding of projects when the announcement of a new competition appears in the Federal Register. Application forms and guidelines are available from the Office of International and Foreign Language Education at the Department of Education.
Award Procedure
Final recommendations are made to the Secretary of Education following advice from a panel of consultants, developed according to procedures in regulations.
Contact the headquarters or regional office, as appropriate, for application deadlines.
Approval/Disapproval Decision Time
Approximately 120 days.
Not Applicable.
Project period may last up to 24 months. Applicants submit performance reports for continuation funding according to instructions established by the Department. Renewals are subject to the availability of appropriations.
How are proposals selected?
Applications for awards will be evaluated competitively in accordance with the selection criteria published in 34 CFR 661.31. The Secretary will weigh criteria using points indicated in the application package or in a notice published in the Federal Register.
How may assistance be used?
Institutions eligible for discretionary grant funding must enter into an agreement with a business enterprise, trade organization or association engaged in international economic activity, or a consortium of the named entities. Eligible activities include but are not limited to: improving the business and international education curriculum of institutions to serve the needs of the business community, including the development of new programs for mid-career or part-time students; developing programs to inform the public of increasing international economic interdependence and the role of U.S. businesses within the international economic system; internationalizing curricula at the junior and community college level and at undergraduate and graduate schools of business; developing area studies and interdisciplinary international programs; establishing export education programs; conducting research and developing specialized teaching materials appropriate to business-oriented students; establishing student and faculty fellowships and internships or other training or research opportunities; creating opportunities for business and professional faculty to strengthen international skills; developing research programs on issues of common interest to IHEs and private sector organizations and associations engaged in or promoting international economic activity; establishing internships overseas to enable foreign language students to develop their foreign language skills and knowledge of foreign cultures and societies; establishing links overseas with IHEs and organizations that contribute to the education objectives of this program; and establishing summer institutes in international business, foreign areas, and other international studies designed to carry out the purposes of this program. This program is subject to non-supplanting requirements and must use a restricted indirect cost rate which is referenced under 34 CFR 76.563. For assistance call the Office of the Chief Financial Officer/Indirect Cost Group on (202) 377-3838.
What are the requirements after being awarded this opportunity?
Institutions must provide final reports upon completion of the program. Staff monitor grants drawdown using agency financial reports. No cash reports are required. Contact program office. Expenditure reports are not applicable. Reporting on performance measures is required as part of the submittal of the required annual performance report.
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. Grantees are subject to audit requirements as described in 34 CFR 74.26.
All records supporting claims under grants or relating to accountability for awarded funds must be available upon request: (1) for three years after close of the fiscal year in which the grant was closed out; or (2) until the grantee is notified of the completion of a Federal financial audit, whichever is later.
Other Assistance Considerations
Formula and Matching Requirements
This program has no statutory formula.
Matching Requirements: The total cost of carrying out a program supported by a grant under the Business and International Education Program must be no less than 50 percent of the total cost of the project in each fiscal year. The non-Federal share of the cost may be provided either in-kind or in cash.
This program does not have MOE requirements.
Length and Time Phasing of Assistance
Grants are awarded for a 12 or 24 month period. Renewals are subject to the availability of appropriations. See the following for information on how assistance is awarded/released: Electronic transfer.
Who do I contact about this opportunity?
Regional or Local Office
Headquarters Office
Tanyelle Richardson, Office of International and Foreign Language Education, Office of Postsecondary Education, Department of Education, 1990 K Street, NW, Washington, District of Columbia 20006 Email: Phone: (202) 502-7626.
Website Address
Financial Information
Account Identification
(Project Grants) FY 11 $883,708; FY 12 est $0; and FY 13 est $0
Range and Average of Financial Assistance
To be determined.
Regulations, Guidelines and Literature
34 CFR 655, 661, Education Department General Administrative Regulations. Contact the program office for more information.
Examples of Funded Projects
Fiscal Year 2012: No Current Data Available Fiscal Year 2013: No Current Data Available Fiscal Year 2014: No Current Data Available


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