The Small Business Administration (SBA) is inviting proposals for funding from entities that are current recipients of a Small Business Development Center (SBDC) award. The purpose of this funding opportunity is to provide financial assistance to SBDCs to deliver high-quality business and economic development assistance to small businesses and nascent entrepreneurs. The funding will be used to support the SBDC program, which includes business counseling and training programs, informational tools, and other services that enhance the economic development goals and objectives of the SBA and its partners.
Some key points about this opportunity include:
* Eligible applicants must be existing SBDC Lead Centers currently funded by the SBA.
* The funding will be provided through a cooperative agreement.
* The award amount will be based on the funds appropriated by Congress.
* The project duration is 24 months.
* The SBA intends to award continuation funding to the recipient under subsequent annual SBDC cooperative agreements for future fiscal/calendar years.
* The SBDC program has 63 recipient organizations, one in each state, the District of Columbia, Puerto Rico, the Virgin Islands, Guam, and American Samoa.
* The program links the resources of federal, state, and local governments with those of the educational community and the private sector to provide assistance to the small business community.
* The SBDCs develop business counseling and training programs, informational tools, and other services that enhance the economic development goals and objectives of the SBA and its partners.
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