Congressional Grants

 

Provide funding for small business development and entrepreneurship initiatives, including programmatic and construction activities

General information about this opportunity
Last Known Status
Deleted 02/05/2016 (Archived.)
Program Number
59.059
Federal Agency/Office
Small Business Administration
Type(s) of Assistance Offered
B - Project Grants
Program Accomplishments
Not applicable.
Authorization
Enacted appropriations act for the Small Business Administration
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
None
Beneficiary Eligibility
None
Credentials/Documentation
Recipients need to submit to SBA a completed application under Grants.gov prior to receiving any type of funding. Only once application is considered complete by SBA shall any funding be disbursed. Funds are only disbursed via reimbursement of project related expenses.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. None
Award Procedure
Completion of application form to satisfaction of SBA on Grants.gov. Upon satisfactory completion a notice of award is signed with applicant. This process is followed by reimbursement from SBA of expenses incurred followed by a closing of award.
Deadlines
Contact the headquarters or regional location, as appropriate for application deadlines
Approval/Disapproval Decision Time
Congressional mandatory awards; priority rolling approval.
Appeals
Not applicable.
Renewals
Not applicable.
How are proposals selected?
Not applicable.
How may assistance be used?
Specific grants for research, training, demonstration projects, small business assistance, construction, community and economic development, educational programs, business and infrastructure development, and/or rural development.
What are the requirements after being awarded this opportunity?
Reporting
Performance Reports: Yes, SBA reviews the Standard Form PPR and Standard Form 425 and compares to goals and objectives of project pursuant to chart of milestones
Auditing
OMB Circular No. A-133 identifies the audit procedures for the program.
Records
SBA requires that the recipient maintain records for three years following final disbursement of funds
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
Assistance is available for the current fiscal year following enactment of an appropriation. Grantees are required to use funds within 5 years from when the funding is first available to them, and funds that are not spent in this time frame can be recovered by the U.S. Treasury. Reimbursement following receipt of a project related invoice.
Who do I contact about this opportunity?
Regional or Local Office
None/Not specified.
Headquarters Office
Kimberly Butler
409 3rd. Street, SW, 5th Floor
Washington, DC 20416 US
Kimberly.Butler@sba.gov
Phone: 202-205-7198
Website Address
http://sba.gov
Financial Information
Account Identification
73-0100-0-1-376
Obligations
(Project Grants) FY 22$83,021,630.00; FY 23 est $179,710,000.00; FY 24 est $0.00; FY 21$0.00; FY 12 est $0.00; FY 10$56,098,000.00; FY 11 est $0.00; - None
Range and Average of Financial Assistance
Awards are in the range of $50,000 to $3,000,000 with an average of $648,607
Regulations, Guidelines and Literature
2 CFR Part 215
Examples of Funded Projects
Not applicable.

 



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