Opportunity Information: Apply for OWBO 2010 01 2
Apply for OWBO 2010 01 2
- 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 Jul 29, 2010 and posted on Jul 29, 2010.
- Applicants must submit their applications by Aug 27, 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 $119,879.00 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 this Program Announcement may apply for this award.
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Opportunity Summary:
The Womens Business Center Initial Grant (Funding Opportunity Number OWBO 2010 01 2) was a U.S. Small Business Administration (SBA) discretionary funding opportunity designed to launch a new, community-based Womens Business Center (WBC) in New Hampshire. The purpose of the award was to expand access to practical, hands-on technical assistance for women entrepreneurs across the state, serving both nascent (early-stage) entrepreneurs and established business owners. A key program requirement was that a representative portion of the clients served by the center be socially and economically disadvantaged, reflecting the SBA goal of reaching women who face systemic barriers to business ownership and growth.
Funding was offered as a cooperative agreement rather than a standard grant, meaning the SBA would expect ongoing involvement and coordination in how the project is carried out. The award structure included a one-year base period, with up to four additional option years that could be exercised depending on federal funding availability and the WBCs performance in prior years. In practice, this meant applicants needed to propose a center that could operate effectively in year one while also demonstrating the capacity and plan to sustain and scale services over a multi-year period if renewed.
The program focused on delivering training and counseling that directly supports business formation, stabilization, and growth. At a minimum, the WBC was expected to provide assistance in core small business competency areas such as finance (for example, budgeting, credit readiness, capital access), management (operations, staffing, compliance basics), and marketing (customer development, pricing, branding, sales channels), along with other technical assistance areas described in the full program announcement. While a WBC could be housed within a larger economic development or nonprofit organization and use shared infrastructure, it had to be set up as a clearly identifiable, separate program or project, rather than being indistinguishable from the host organizations other activities.
Eligibility was limited to private nonprofit organizations certified under section 501(c) of the Internal Revenue Code. In addition, applicants needed to have a track record of providing technical services to women entrepreneurs and to meet the specific program criteria laid out in the announcements eligibility section. The SBA anticipated making one award under this solicitation. The activity category was Business and Commerce, and the relevant CFDA listing was 59.043 (Womens Business Ownership Assistance).
This opportunity also carried a significant cost-sharing requirement. The recipient organization had to match federal funds at a 1:2 ratio for the first two years (commonly interpreted as the recipient providing two dollars of match for every one dollar of federal funds), then at a 1:1 ratio for the following three years. This matching structure effectively required applicants to bring substantial non-federal resources to the table and to show a realistic plan for securing and documenting those matching contributions throughout the project period.
Key timing and funding details included a posted and created date of July 29, 2010, with an application closing date of August 27, 2010, and an archive date of August 28, 2010. The award ceiling for the base year was $119,879, with no stated award floor. Program authority was cited under the Small Business Act sections 2(h) and 29 (15 U.S.C. 631(h) and 656), as amended. For assistance accessing the full announcement at the time, the SBA Office of Womens Business Ownership was listed as the point of contact at 202-205-6673.
Frequently Asked Questions (FAQs)
What is the Womens Business Center Initial Grant (Funding Opportunity Number OWBO 2010 01 2)?
It was a U.S. Small Business Administration (SBA) discretionary funding opportunity intended to launch a new, community-based Womens Business Center (WBC) in New Hampshire. The award was designed to expand access to practical, hands-on technical assistance for women entrepreneurs across the state.
What was the main purpose of this funding opportunity?
The purpose was to create a Womens Business Center that provides training and counseling supporting business formation, stabilization, and growth for women entrepreneurs in New Hampshire, including both early-stage (nascent) entrepreneurs and established business owners.
Who was the target population for services supported by this award?
The center was expected to serve women entrepreneurs statewide, including nascent entrepreneurs and established business owners. A specific program requirement was that a representative portion of clients served be socially and economically disadvantaged, aligning with SBA goals to reach women facing systemic barriers to business ownership and growth.
What type of funding instrument was used (grant vs. cooperative agreement)?
Funding was offered as a cooperative agreement rather than a standard grant. This meant SBA would expect ongoing involvement and coordination in how the project was carried out.
How long was the initial award period, and were renewals possible?
The structure included a one-year base period, with up to four additional option years. Option years could be exercised depending on federal funding availability and the WBC's performance in prior years.
How many awards did SBA expect to make under this solicitation?
SBA anticipated making one award under this solicitation.
What was the maximum funding amount for the base year?
The award ceiling for the base year was $119,879.
Was there a minimum award amount (award floor)?
No award floor was stated for this opportunity.
What was the required cost-share or matching requirement?
The recipient organization had to match federal funds at a 1:2 ratio for the first two years (commonly described as providing two dollars of match for every one dollar of federal funds). For the following three years, the match requirement shifted to a 1:1 ratio.
Why was the cost-share requirement significant for applicants?
Because it required substantial non-federal resources, applicants needed a realistic plan to secure and document matching contributions throughout the project period.
What kinds of services was the Womens Business Center expected to provide?
The WBC was expected to deliver training and counseling that directly supports business formation, stabilization, and growth. At a minimum, services needed to address core small business competency areas such as finance, management, and marketing, along with other technical assistance areas described in the full program announcement.
What are examples of the core competency areas mentioned in the opportunity?
Examples included finance (such as budgeting, credit readiness, and capital access), management (operations, staffing, and basic compliance), and marketing (customer development, pricing, branding, and sales channels).
Could the Womens Business Center be housed within another organization?
Yes. A WBC could be housed within a larger economic development or nonprofit organization and could use shared infrastructure.
If housed within another organization, did the WBC need to be separate or distinct?
Yes. The WBC had to be set up as a clearly identifiable, separate program or project, rather than being indistinguishable from the host organization's other activities.
Who was eligible to apply?
Eligibility was limited to private nonprofit organizations certified under section 501(c) of the Internal Revenue Code. Applicants also needed a track record of providing technical services to women entrepreneurs and had to meet the specific program criteria described in the eligibility section of the announcement.
What was the CFDA number associated with this program?
The relevant CFDA listing was 59.043 (Womens Business Ownership Assistance).
What was the activity category for this opportunity?
The activity category was Business and Commerce.
What were the key dates for this funding opportunity?
The opportunity had a posted and created date of July 29, 2010. The application closing date was August 27, 2010. The archive date was August 28, 2010.
Where was the Womens Business Center intended to operate?
This initial grant opportunity was designed to launch a new, community-based WBC in New Hampshire, serving women entrepreneurs across the state.
What federal legal authority was cited for this program?
Program authority was cited under the Small Business Act sections 2(h) and 29 (15 U.S.C. 631(h) and 656), as amended.
Who was listed as the point of contact for assistance with the full announcement?
The SBA Office of Womens Business Ownership was listed as the point of contact. The phone number provided was 202-205-6673.
What did applicants need to demonstrate regarding long-term operations?
Applicants needed to propose a center that could operate effectively in year one while also demonstrating the capacity and a plan to sustain and scale services over a multi-year period if the option years were renewed.
What did SBA emphasize about the type of technical assistance to be delivered?
The opportunity emphasized practical, hands-on technical assistance, delivered through training and counseling that supports business formation, stabilization, and growth.
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