Prime Technical Assistance
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 Microenterprise Development Organizations (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.
General information about this opportunity
Last Known Status
Agency: Small Business Administration
Type(s) of Assistance Offered
Fiscal Year 2014: See information at www.sba.gov. Fiscal Year 2015: No Current Data Available Fiscal Year 2016: No Current Data Available
Riegle Community Development and Regulatory Improvement Act of 1994, Public Law 106-102.
Who is eligible to apply/benefit from this assistance?
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.
Disadvantaged entrepreneurs, microenterprises, and microenterprise development organizations as defined in the Act.
No Credentials or documentation are required. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.
What is the process for applying and being award this assistance?
Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. 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.
Successful offerors will be notified of a decision by letter from the Office of Financial Assistance.
Contact the headquarters or regional office, as appropriate, for application deadlines.
Approval/Disapproval Decision Time
60 to 90 days.
Additional information available at SBA's website at www.sba.gov.
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.
How are proposals selected?
Past performance, approach, personnel, and cost.
How may assistance be used?
The recipients of the services provided by the grantees are those persons/businesses who satisfy the eligibility criteria as defined in the Act.
What are the requirements after being awarded this opportunity?
See information at www.sba.gov. Additional details available on SBA's website at www.sba.gov. Information available at www.sba.gov. See information at www.sba.gov. Information available at www.sba.gov.
In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503. SBA reserves the right to perform pre- and post award audits. Grant recipients are required to provide audited financial statements on an annual basis.
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.
Other 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
See information at www.sba.gov. See the following for information on how assistance is awarded/released: Information available at www.sba.gov.
Who do I contact about this opportunity?
Regional or Local Office
See Regional Agency Offices. See Appendix IV of the Catalog of Federal Domestic Assistance under Small Business Administration.
Dianna Seaborn 409 3rd. Street, SW
Office of Capital Access
Office of Financial Assistance, Washington, District of Columbia 20416 Email: email@example.com
(Project Grants) FY 14 $3,500,000; FY 15 est $5,000,000; and FY 16 Estimate Not Available
Range and Average of Financial Assistance
No Data Available.
Regulations, Guidelines and Literature
The regulations are available in 13 CFR.
Examples of Funded Projects