Opportunity Information: Apply for OWBO 2015 01
Apply for OWBO 2015 01
- The Small Business Administration in the business and commerce sector is offering a public funding opportunity titled "Womens 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 Apr 30, 2015 and posted on Apr 20, 2015.
- Applicants must submit their applications by Jun 18, 2015 The closing date is 06/18/2015 at 1159 P.M. EST.. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $900,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $900,000.00 in funding.
- The number of recipients for this funding is limited to 6 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- See Synopsis.
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Opportunity Summary:
The Womens Business Center Initial Grant (Funding Opportunity Number OWBO 2015 01) is a discretionary funding opportunity from the U.S. Small Business Administration (SBA), administered through the Office of Womens Business Ownership under CFDA 59.043 (Womens Business Ownership Assistance). The program is designed to fund the start up of new, community based Womens Business Centers (WBCs) that will deliver services to women entrepreneurs and aspiring entrepreneurs. The SBA expects to make up to six awards under this announcement, using a cooperative agreement as the funding instrument, which typically means the SBA will have substantial involvement in the project beyond simply issuing funds.
This competition is specifically targeted to expand WBC coverage in designated locations. Applicants must be located within, and provide services to, the population of one of the following areas: Alaska, Illinois, Indiana, Mississippi, Missouri, New Jersey, Ohio, Vermont, West Virginia, Guam, and the U.S. Virgin Islands. The intent is to stand up a new center in these jurisdictions, increasing access to business counseling, training, and related technical assistance within the WBC network.
Only private nonprofit organizations with current 501(c) tax exempt status from the U.S. Treasury/Internal Revenue Service are eligible to apply. The announcement explicitly excludes public nonprofit organizations and for profit businesses from eligibility. In other words, the applicant must be a private nonprofit entity (not a government affiliated or publicly chartered nonprofit and not a commercial organization) and must be able to document its 501(c) status.
Financially, the opportunity lists an estimated total funding amount of $900,000, with an award ceiling of $900,000 and an award floor of $0, and it notes that cost sharing or matching is required. The ceiling indicates the maximum amount that could be awarded, while the expected award count of six suggests the SBA may distribute funding across multiple recipients depending on application quality and program needs, while still staying within the total funding available. Because matching is required, applicants should be prepared to contribute non federal resources consistent with the program requirements described in the full announcement.
Key dates included in the notice show the opportunity was posted on April 20, 2015, with a closing deadline of June 18, 2015 at 11:59 P.M. Eastern Time, and an archive date of June 19, 2015. The administering agency is the SBA, and applicants needing help accessing the full announcement were directed to contact the SBA Office of Womens Business Ownership by phone at (202) 205 6673 or by email at owbo@sba.gov.
Frequently Asked Questions (FAQs)
What is the Womens Business Center Initial Grant (Funding Opportunity Number OWBO 2015 01)?
This opportunity is a discretionary funding announcement from the U.S. Small Business Administration (SBA) to support the start-up of new, community-based Womens Business Centers (WBCs). The funding is administered through the SBA Office of Womens Business Ownership under CFDA 59.043 (Womens Business Ownership Assistance).
What is the purpose of this grant program?
The program is intended to fund the start up of new Womens Business Centers that will deliver services to women entrepreneurs and aspiring entrepreneurs. The broader goal is to increase access to business counseling, training, and related technical assistance within the WBC network.
What type of award is this (grant vs. cooperative agreement)?
The SBA expects to use a cooperative agreement as the funding instrument. This typically means the SBA will have substantial involvement in the project beyond simply issuing funds.
How many awards does SBA expect to make under this announcement?
The SBA expects to make up to six awards under this funding opportunity.
What locations are eligible for this competition?
This competition is targeted to expand Womens Business Center coverage in specific designated locations. Applicants must be located within, and provide services to, the population of one of the following areas: Alaska, Illinois, Indiana, Mississippi, Missouri, New Jersey, Ohio, Vermont, West Virginia, Guam, and the U.S. Virgin Islands.
Does the applicant have to both be located in and serve one of the listed areas?
Yes. The announcement states applicants must be located within, and provide services to, the population of one of the listed jurisdictions.
Is this funding intended to support existing Womens Business Centers?
No. Based on the description provided, the intent is to stand up a new, community-based center in one of the designated jurisdictions, expanding coverage and access to services.
Who is eligible to apply?
Only private nonprofit organizations with current 501(c) tax-exempt status from the U.S. Treasury/Internal Revenue Service are eligible to apply.
Are public nonprofit organizations eligible to apply?
No. The announcement explicitly excludes public nonprofit organizations from eligibility.
Are for-profit businesses eligible to apply?
No. For-profit businesses are explicitly excluded from eligibility.
What documentation is required related to nonprofit status?
The applicant must have current 501(c) tax-exempt status and be able to document its 501(c) status.
How much total funding is available?
The opportunity lists an estimated total funding amount of $900,000.
What is the maximum award amount (award ceiling)?
The award ceiling listed is $900,000, which indicates the maximum amount that could be awarded.
What is the minimum award amount (award floor)?
The award floor is listed as $0.
Does this opportunity require cost sharing or matching?
Yes. The notice states that cost sharing or matching is required. Applicants should be prepared to contribute non-federal resources consistent with the program requirements described in the full announcement.
How might the SBA distribute awards if up to six awards are expected?
The notice indicates SBA expects up to six awards and identifies $900,000 in estimated total funding. This suggests SBA may distribute funding across multiple recipients depending on application quality and program needs, while remaining within the total funding available.
When was the opportunity posted?
The opportunity was posted on April 20, 2015.
What is the application deadline?
The closing deadline is June 18, 2015 at 11:59 P.M. Eastern Time.
When was the opportunity archived?
The archive date is June 19, 2015.
Which federal agency administers this opportunity?
The administering agency is the U.S. Small Business Administration (SBA), through the Office of Womens Business Ownership.
What CFDA number is associated with this program?
The opportunity is administered under CFDA 59.043 (Womens Business Ownership Assistance).
Who can applicants contact for help accessing the full announcement?
Applicants needing help accessing the full announcement were directed to contact the SBA Office of Womens Business Ownership by phone at (202) 205 6673 or by email at owbo@sba.gov.
Where within SBA is this program administered?
It is administered through the SBA Office of Womens Business Ownership.
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