The Small Business Administration (SBA) is issuing a funding opportunity announcement to invite applications from existing Small Business Development Center (SBDC) recipient organizations. The SBDC program provides funding to organizations that deliver technical assistance in the form of counseling and training 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 funding opportunity includes a matching requirement, and applicants must provide a 1:1 match of federal funds. The program has a broad range of objectives, including providing business counseling and training, supporting veterans and women-owned businesses, and promoting disaster recovery assistance.
• The SBDC program has 62 recipient organizations, one in each state, and provides assistance to small businesses and nascent entrepreneurs.
• The program has a budget period of two years, and the project start dates are October 1, 2020, for fiscal year proposals and January 1, 2021, for calendar year proposals.
• The program has a funding range of $199,999 to $7,848,264, and the estimated funding for the program year is $135,000,000.
• The program requires a match of federal funds, and the match may be in the form of cash or in-kind contributions.
• The program has a range of evaluation criteria, including program narrative, organization and structure, program management, program objectives, and customer satisfaction.