The U.S. Small Business Administration (SBA) is inviting proposals from existing Small Business Development Center (SBDC) recipient organizations to fund an existing statewide or regional SBDC program. The SBDC program provides high-quality business and economic development assistance to small businesses and nascent entrepreneurs. The program aims to promote growth, expansion, innovation, increased productivity, and management improvement. Eligible applicants must be existing SBDC Lead Centers currently funded by SBA and meet the accreditation requirement for SBDC program renewal.
• The program will provide funding for a 24-month period.
• The program aims to support small businesses in areas such as business counseling, training, and access to capital.
• The program will be managed by the Associate Administrator for Small Business Development Centers at SBA headquarters.
• The program will have a matching requirement of 1:1, with the recipient organization required to match federal funds.
• The program will have a project start date of October 1, 2020, for states/regions responding to Funding Opportunity No. OSBDC-2021-01, and January 1, 2021, for states/regions responding to Funding Opportunity No. OSBDC-2021-02.
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