Opportunity Information: Apply for OWBO 2010 01
Apply for OWBO 2010 01
- The Small Business Administration in the business and commerce sector is offering a public funding opportunity titled "Women s Business Center Initial Grant" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 59.043 Womens Business Ownership Assistance.
- This funding opportunity was created on Jun 11, 2010 and posted on Jun 11, 2010.
- Applicants must submit their applications by Jul 9, 2010. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $150,000.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- 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.
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Opportunity Summary:
The Women s Business Center Initial Grant (Funding Opportunity Number OWBO 2010 01) is a discretionary funding opportunity from the U.S. Small Business Administration (SBA) to establish a new, community based Women s Business Center (WBC) in the State of New Jersey. The intent is to expand access to practical, hands on technical assistance for women entrepreneurs at different stages, including both nascent entrepreneurs who are still exploring or launching a business and established business owners who are working to stabilize or grow. The WBC is expected to deliver training and counseling that strengthens core business capabilities, with emphasis on finance, management, marketing, and other related topics outlined in the program announcement.
The award is made as a cooperative agreement rather than a standard grant, which typically means SBA expects an active partnership and substantial involvement in shaping or overseeing certain aspects of the work during the project period. The initial award covers a base year, and the SBA may exercise up to four additional option years after that. Those option years are not automatic; they depend on the availability of federal funds and the WBC s demonstrated performance in the prior year, meaning outcomes, service delivery, and compliance matter for continued support.
A central program requirement is that the WBC serve a representative number of clients who are socially and economically disadvantaged. In practice, this means the center must intentionally reach and support women who face systemic barriers to business ownership and growth, and it must be able to show that its client base reflects that priority. The WBC can be housed within a larger economic development or nonprofit organization and may use that host organization s resources, but it must operate as a clearly identifiable, distinct program or project rather than being folded into general programming without a separate identity.
Eligibility is limited to private nonprofit organizations certified under section 501(c) of the Internal Revenue Code. Applicants must also have a track record of providing technical services to women entrepreneurs and must meet the specific program criteria described in Program Announcement OWBO 2010 01. Only organizations located within New Jersey are invited to apply for this particular competition, since the goal is to establish a center that provides services within the state.
Funding details indicate one expected award, with an award ceiling of $150,000 for the base year and an award floor of $0. The program falls under CFDA 59.043 (Womens Business Ownership Assistance). Cost sharing is required and is structured to increase the recipient s responsibility over time: the grantee must match SBA funds at a 1:2 ratio for the first two years of the grant, then at a 1:1 ratio for the next three years. This matching requirement is a major planning consideration because it requires the recipient to secure significant non federal resources such as cash, allowable in kind contributions, or other qualified support, consistent with the terms in the announcement.
Key dates for the opportunity show it was posted June 11, 2010, with an application closing date of July 9, 2010, and an archive date of July 10, 2010. The legal authority for the program is rooted in the Small Business Act, specifically sections 2(h) and 29 (15 U.S.C. 631(h) and 656), as amended, which governs SBA s role in supporting women s business ownership through technical assistance programs like WBCs.
For applicants needing help accessing the full announcement, the SBA directed inquiries to the Office of Womens Business Ownership at OWBO@sba.gov, and the listing references an additional information link for WBC grant opportunities where the complete requirements and application instructions would be provided.
Frequently Asked Questions (FAQ) - Women's Business Center Initial Grant (OWBO 2010-01)
What is the Women's Business Center (WBC) Initial Grant (Funding Opportunity Number OWBO 2010-01)?
This is a discretionary funding opportunity from the U.S. Small Business Administration (SBA) to establish a new, community-based Women's Business Center (WBC) in the State of New Jersey.
What is the main purpose of this grant opportunity?
The intent is to expand access to practical, hands-on technical assistance for women entrepreneurs in New Jersey, including both people exploring or launching a business and established owners seeking to stabilize or grow.
Where must the proposed Women's Business Center be located and provide services?
This competition is specific to the State of New Jersey. Only organizations located within New Jersey are invited to apply, because the goal is to establish a center that provides services within the state.
Who is eligible to apply?
Eligibility is limited to private nonprofit organizations certified under section 501(c) of the Internal Revenue Code. Applicants must also have a track record of providing technical services to women entrepreneurs and must meet the program criteria described in Program Announcement OWBO 2010-01.
Are for-profit businesses eligible to apply?
Based on the information provided, eligibility is limited to private nonprofit organizations certified under section 501(c). For-profit entities are not listed as eligible applicants.
Are organizations outside New Jersey eligible to apply?
No. The opportunity states that only organizations located within New Jersey are invited to apply for this particular competition.
What types of services is the WBC expected to provide?
The WBC is expected to deliver training and counseling that strengthens core business capabilities, emphasizing finance, management, marketing, and other related topics outlined in the program announcement. The overall focus is practical, hands-on technical assistance.
Which stages of entrepreneurship are intended to be served?
The program is intended to support women entrepreneurs at different stages, including nascent entrepreneurs who are still exploring or launching a business and established business owners working to stabilize or grow.
Is there a requirement to serve socially and economically disadvantaged clients?
Yes. A central program requirement is that the WBC serve a representative number of clients who are socially and economically disadvantaged, meaning the center must intentionally reach women facing systemic barriers and be able to show its client base reflects that priority.
Can the WBC be hosted within a larger organization?
Yes. The WBC can be housed within a larger economic development or nonprofit organization and may use the host organization's resources.
If hosted, does the WBC need to be separate from the host organization's general programming?
Yes. The WBC must operate as a clearly identifiable, distinct program or project rather than being folded into general programming without a separate identity.
Is this award a standard grant?
No. The award is made as a cooperative agreement rather than a standard grant.
What does it mean that the award is a cooperative agreement?
As described in the opportunity, a cooperative agreement typically means SBA expects an active partnership and substantial involvement in shaping or overseeing certain aspects of the work during the project period.
How many awards does SBA expect to make?
The funding details indicate one expected award.
What is the maximum award amount for the base year?
The award ceiling for the base year is $150,000.
What is the minimum award amount?
The award floor is listed as $0.
How long is the project period?
The initial award covers a base year, and SBA may exercise up to four additional option years after that.
Are the option years guaranteed?
No. The option years are not automatic. They depend on the availability of federal funds and the WBC's demonstrated performance in the prior year, including outcomes, service delivery, and compliance.
Is cost sharing or matching required?
Yes. Cost sharing is required, and the matching requirement increases over time.
What is the match requirement in years 1 and 2?
For the first two years, the grantee must match SBA funds at a 1:2 ratio.
What is the match requirement in years 3 through 5?
For the next three years, the grantee must match SBA funds at a 1:1 ratio.
What types of resources can be used to meet the match requirement?
The opportunity indicates the recipient must secure significant non-federal resources such as cash, allowable in-kind contributions, or other qualified support, consistent with the terms in the announcement.
What is the CFDA number for this program?
The program falls under CFDA 59.043 (Women's Business Ownership Assistance).
When was the opportunity posted and when were applications due?
The opportunity was posted on June 11, 2010. The application closing date was July 9, 2010.
When was the opportunity archived?
The archive date listed is July 10, 2010.
What legal authority supports this program?
The program is rooted in the Small Business Act, specifically sections 2(h) and 29 (15 U.S.C. 631(h) and 656), as amended.
Where can applicants find the full program announcement and requirements?
The listing references an additional information link for WBC grant opportunities where complete requirements and application instructions would be provided, and it also points applicants to the Program Announcement OWBO 2010-01.
Who should be contacted with questions about accessing the full announcement?
The SBA directed inquiries to the Office of Women's Business Ownership at OWBO@sba.gov.
What kinds of performance factors affect continued funding in option years?
The opportunity indicates continued support depends on demonstrated performance in the prior year, including outcomes, service delivery, and compliance, along with the availability of federal funds.
Does the opportunity specify the full list of training topics?
It highlights emphasis areas such as finance, management, and marketing, and notes that additional related topics are outlined in the program announcement.
Does the opportunity require the applicant to already be providing services to women entrepreneurs?
Yes. Applicants must have a track record of providing technical services to women entrepreneurs, in addition to meeting the criteria in Program Announcement OWBO 2010-01.
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