Opportunity Information: Apply for PRIME 2011 01
Apply for PRIME 2011 01
- The Small Business Administration in the business and commerce sector is offering a public funding opportunity titled "Program for Investment in Microentrepreneurs Act (PRIME)" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 59.050 Prime Technical Assistance.
- This funding opportunity was created on Jun 23, 2011 and posted on Jun 23, 2011.
- Applicants must submit their applications by Jul 23, 2011 The closing date is July 23, 2011 at 1159 P.M. Eastern Time. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $8,000,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $250,000.00 in funding.
- The number of recipients for this funding is limited to 100 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- A microenterprise development organization or program (or group or Collaborative thereof) that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs with specific emphasis on women A private, nonprofit entity serving or seeking to serve microenterprise development organizations A mircroenterprise development organization or program that is accountable to a local community, working with a State or local government or Indian Tribe or An Indian tribe acting on its own, if the Indian tribe can certify that no private organization or program referred to in paragraph in paragraphs (1) exists within its jurisdiction.
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Opportunity Summary:
The Program for Investment in Microentrepreneurs Act (PRIME) grant opportunity (Funding Opportunity Number PRIME 2011 01) was released by the U.S. Small Business Administration (SBA) as a discretionary grant program focused on strengthening microenterprise support across the country, especially for disadvantaged entrepreneurs. The overall purpose of the announcement is to fund training, technical assistance, and organizational capacity building delivered through microenterprise development organizations (MDOs) and related nonprofit entities that serve very small businesses and self-employed individuals. The funding is intended to expand the availability and quality of hands-on business training and support services for microentrepreneurs who face barriers to accessing conventional business assistance, with a specific emphasis in eligibility language on serving women.
The announcement is structured around two active funding tracks for FY 2011. Track 1, Technical Assistance, supports organizations seeking funds to provide direct training and technical assistance to disadvantaged microentrepreneurs. In practice, this track is geared toward frontline service delivery, such as helping microbusiness owners build core skills (for example, business planning, budgeting, marketing, operations, and compliance basics), improve readiness for financing, and increase the odds of business survival and growth. Track 2, Capacity Building, is aimed more at strengthening the providers of microenterprise services themselves rather than serving entrepreneurs directly. Under this track, applicants propose training and capacity-building services for MDOs, microenterprise programs, or groups/collaboratives of such organizations to help them develop, improve, and scale microenterprise training and support services. The enabling statute also allows Track 3 for research, development, and best practices in microenterprise assistance, but SBA stated it would not accept Track 3 applications under this particular FY 2011 announcement.
From a funding standpoint, SBA expected to make about 100 awards under this opportunity, with an estimated total funding amount of $8,000,000. Individual awards were anticipated to range from a $50,000 floor to a $250,000 ceiling. A cost-sharing or matching requirement applies, meaning recipients would need to contribute non-federal resources in accordance with the program rules described in the full announcement. The funding instrument type is a grant, and the activity category is Business and Commerce. The program is associated with CFDA number 59.050 (PRIME Technical Assistance).
Eligibility is centered on organizations with a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs, with explicit emphasis on services benefiting women. Eligible applicants include microenterprise development organizations or programs (including groups or collaboratives of such entities), private nonprofit entities that serve or seek to serve MDOs, and community-accountable microenterprise organizations or programs that work with state or local governments or Indian Tribes. Indian Tribes may also apply on their own if they can certify that no qualifying private organization or program exists within their jurisdiction, reflecting the program’s intent to ensure access to microenterprise support in tribal areas where nonprofit infrastructure may be limited.
Key dates in the public notice show the opportunity was posted on June 23, 2011, with an application deadline of July 23, 2011 at 11:59 p.m. Eastern Time, and an archive date of August 22, 2011. Applicants were directed to consult the full program announcement and SBA’s PRIME webpage for complete requirements, selection criteria, and submission instructions. Program questions were routed to the SBA Office of Financial Assistance at prime@sba.gov, and applicants needing help accessing the announcement could contact the Grants Management Officer, David De Leva, at 202-205-7051 or david.deleva@sba.gov.
PRIME Grant (Funding Opportunity Number PRIME 2011 01) - Frequently Asked Questions
What is the PRIME grant opportunity?
The Program for Investment in Microentrepreneurs Act (PRIME) grant opportunity (Funding Opportunity Number PRIME 2011 01) is a discretionary grant program released by the U.S. Small Business Administration (SBA) to strengthen microenterprise support nationwide, with a focus on disadvantaged entrepreneurs and an explicit emphasis on services benefiting women.
What is the overall purpose of this SBA announcement?
The purpose is to fund training, technical assistance, and organizational capacity building delivered through microenterprise development organizations (MDOs) and related nonprofit entities that serve very small businesses and self-employed individuals. The funding is intended to expand the availability and quality of hands-on business training and support for microentrepreneurs who face barriers to conventional business assistance.
Who is the target population served by PRIME-funded activities?
The announcement focuses on disadvantaged microentrepreneurs, including very small businesses and self-employed individuals who may have difficulty accessing traditional business assistance. The eligibility language places specific emphasis on serving women.
What types of activities does PRIME funding support?
PRIME funding supports hands-on business training and support services, technical assistance, and capacity building. The notice describes two active tracks for FY 2011: one aimed at direct services to microentrepreneurs and another aimed at strengthening the organizations that provide microenterprise services.
What are the available funding tracks under this FY 2011 PRIME announcement?
There are two active tracks under the FY 2011 announcement:
- Track 1: Technical Assistance
- Track 2: Capacity Building
The enabling statute also allows a Track 3, but SBA stated it would not accept Track 3 applications under this specific FY 2011 announcement.
What is Track 1 (Technical Assistance)?
Track 1 supports organizations seeking funds to provide direct training and technical assistance to disadvantaged microentrepreneurs. It is geared toward frontline service delivery to microbusiness owners and self-employed individuals.
What kinds of services are typical under Track 1?
The notice describes Track 1 as supporting core skill-building and practical support, such as assistance with business planning, budgeting, marketing, operations, and compliance basics, as well as improving readiness for financing and increasing the likelihood of business survival and growth.
What is Track 2 (Capacity Building)?
Track 2 is designed to strengthen the providers of microenterprise services rather than serving entrepreneurs directly. Applicants under this track propose training and capacity-building services for MDOs, microenterprise programs, or groups/collaboratives of such organizations so they can develop, improve, scale, and deliver higher-quality microenterprise training and support services.
Is Track 3 (research/development/best practices) available under this announcement?
No. While the enabling statute allows Track 3 for research, development, and best practices in microenterprise assistance, SBA stated it would not accept Track 3 applications under the FY 2011 PRIME 2011 01 announcement.
How much total funding was SBA expecting to award?
SBA estimated a total funding amount of $8,000,000 under this opportunity.
How many awards were expected to be made?
SBA expected to make about 100 awards under this funding opportunity.
What is the anticipated award size?
Individual awards were anticipated to range from a minimum of $50,000 to a maximum of $250,000.
Is there a matching or cost-sharing requirement?
Yes. A cost-sharing or matching requirement applies, meaning recipients must contribute non-federal resources in accordance with the program rules described in the full announcement.
What type of funding instrument is used?
The funding instrument type is a grant.
What is the activity category for this opportunity?
The activity category is Business and Commerce.
What CFDA number is associated with this program?
The program is associated with CFDA number 59.050 (PRIME Technical Assistance).
Which organizations are eligible to apply?
Eligibility is centered on organizations with a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs, with explicit emphasis on services benefiting women. Eligible applicants include:
- Microenterprise development organizations (MDOs) or programs (including groups or collaboratives of such entities)
- Private nonprofit entities that serve or seek to serve MDOs
- Community-accountable microenterprise organizations or programs that work with state or local governments or Indian Tribes
Can groups or collaboratives apply?
Yes. The announcement states that microenterprise development organizations or programs, including groups or collaboratives of such entities, are eligible applicants.
Are private nonprofit entities eligible?
Yes. Private nonprofit entities that serve or seek to serve microenterprise development organizations (MDOs) are included in the eligibility description.
How does the program address services for women?
The notice highlights an explicit emphasis in eligibility language on providing services that benefit women, alongside the broader focus on disadvantaged microentrepreneurs.
Can Indian Tribes apply for this PRIME funding?
Yes. Indian Tribes may apply on their own if they can certify that no qualifying private organization or program exists within their jurisdiction. This reflects the program intent to ensure access to microenterprise support in tribal areas where nonprofit infrastructure may be limited.
When was this funding opportunity posted?
The opportunity was posted on June 23, 2011.
What was the application deadline?
The application deadline was July 23, 2011 at 11:59 p.m. Eastern Time.
When was the opportunity archived?
The archive date listed for the opportunity is August 22, 2011.
Where were applicants directed for complete requirements and instructions?
Applicants were directed to consult the full program announcement and SBA's PRIME webpage for complete requirements, selection criteria, and submission instructions.
Who should be contacted for program questions?
Program questions were routed to the SBA Office of Financial Assistance at prime@sba.gov.
Who can help if an applicant has trouble accessing the announcement?
Applicants needing help accessing the announcement could contact the Grants Management Officer, David De Leva, at 202-205-7051 or david.deleva@sba.gov.
Does this announcement provide selection criteria and submission instructions?
The notice indicates that complete requirements, selection criteria, and submission instructions are contained in the full program announcement and on SBA's PRIME webpage.
Is this opportunity focused on direct services, provider capacity, or both?
Both. Track 1 is designed for direct training and technical assistance delivered to disadvantaged microentrepreneurs, while Track 2 is designed to build the capacity of the organizations and programs that deliver microenterprise services.
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