Women’s Business Center Initial Grant

Post Date

June 11th 2010

Application Due Date

July 9th 2010

Funding Opportunity Number

OWBO-2010-01

CFDA Number(s)

59.043

Funding Instrument Type(s)

Cooperative Agreement

Funding Activity Categories

Business and Commerce

Number of Awards

1

Eligibility Categories

Other

Only private nonprofit organizations certified under ¤ 501(c) of the Internal Revenue Code of 1986 that have been providing technical services to women entrepreneurs and that meet the program criteria as provided in the Eligibility section of Program Announcement OWBO-2010-01 may apply for this award.

Funding

• Award Range:

  $0 - $150000

Grant Description

The U.S. Small Business Administration (SBA) has issued Program Announcement No. OWBO-2010-01 to invite non-profit organizations located within the State of New Jersey to start a new, community-based Women’s Business Center to provide technical assistance within the State of New Jersey to women entrepreneurs, both nascent and established. A representative number of clients served by each WBC must be socially and economically disadvantaged. WBC grant recipients must provide assistance to women entrepreneurs in the areas of finance, management, marketing, and other areas as defined in this Program Announcement. The successful applicant will receive the base year award in the form of a cooperative agreement. Four additional option years may be exercised, subject to the availability of funding and the WBC’s performance during the previous year. An SBA women’s business center is a project funded, in part, by a grant from the SBA to provide technical assistance, such as training and counseling to women entrepreneurs, both nascent and established. The WBC may exist within the framework of a larger economic development organization and may make use of the resources provided by that organization, and must be a clearly identifiable separate program or project of that entity. The recipient organization is required to match awarded funds on a 1:2 ratio for the first two years of the grant and a 1:1 ratio for the next three years. Program authority is detailed in the Small Business Act ¤¤ 2(h) and 29 (15 U.S.C. ¤¤ 631(h) and 656), as amended.

Contact Information

• Agency

  Small Business Administration

• Office:

  None

• Agency Contact:

  Office of Women's Business Ownership
  OWBO@sba.gov
  Program Office E-mail Address

• Agency Mailing Address:

  Program Office E-mail Address

• Agency Email Address:

  OWBO@sba.gov

• More Information:

  Web Link to WBC Grant Opportunities