Opportunity Information: Apply for OWBO 2011 01
Apply for OWBO 2011 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 May 25, 2011 and posted on May 25, 2011.
- Applicants must submit their applications by Jun 24, 2011. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $123,367.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $123,367.00 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, 501(c) certified nonprofit organizations that are located within and will provide services to the population of South Carolina as outlined in Program Announcement OWBO 2011 01, Section III. B. Eligibility Information.
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Opportunity Summary:
The Womens Business Center Initial Grant (Funding Opportunity Number OWBO 2011 01) is a U.S. Small Business Administration (SBA) discretionary funding opportunity to establish and operate a Womens Business Center (WBC) serving South Carolina. The grant supports a clearly defined program or project that delivers technical assistance to women entrepreneurs, including both early stage (nascent) and established business owners. Services are expected to focus on practical business needs such as finance, management, marketing, and other assistance areas described in Program Announcement OWBO 2011 01. A key program expectation is that a representative portion of the clients served must be socially and economically disadvantaged.
Only private nonprofit organizations with 501(c) certification are eligible, and the applicant must be located within South Carolina and provide services to South Carolina populations consistent with the announcement requirements. The WBC can be housed within a larger economic development organization and use that organizations broader resources, but it must operate as a clearly identifiable, separate program or project rather than being blended into general organizational activities.
Funding is awarded through a cooperative agreement, meaning SBA will have an ongoing partnership role rather than issuing a no-contact grant. The initial award covers a base year, with up to four additional option years possible (for a total potential performance period of five years). Renewal into the option years depends on continued funding availability and satisfactory performance during the prior year. The opportunity anticipates a single award, with estimated total federal funding of $123,367 and an award ceiling of $123,367 (no stated minimum award amount).
A cost sharing requirement applies throughout the project period. In years 1 and 2, recipients must contribute one non-federal dollar for every two federal dollars (a 1:2 match). In years 3 through 5, the match increases to one non-federal dollar for every one federal dollar (a 1:1 match). Matching support can include a combination of cash and allowable in-kind contributions, but no more than 50 percent of the match may be in-kind. At least 50 percent must be cash, and that cash can include program income such as fees generated from services.
The program is authorized under the Small Business Act, Sections 2(h) and 29 (15 U.S.C. Sections 631(h) and 656), as amended. The announcement was posted May 25, 2011, with an application closing date of June 24, 2011 (archived June 25, 2011). The CFDA listing is 59.043, Womens Business Ownership Assistance. For access issues or questions tied to the full program announcement, the SBA Office of Womens Business Ownership is the listed point of contact at 202-205-6673, with an electronic mailbox also referenced for questions related to the program announcement.
Frequently Asked Questions (FAQs)
What is the Womens Business Center Initial Grant (OWBO 2011 01)?
The Womens Business Center Initial Grant (Funding Opportunity Number OWBO 2011 01) is a U.S. Small Business Administration (SBA) discretionary funding opportunity to establish and operate a Womens Business Center (WBC) serving South Carolina.
What is the purpose of this grant?
The grant is intended to support a clearly defined program or project that delivers technical assistance to women entrepreneurs, including both early stage (nascent) and established business owners.
What types of services is the Womens Business Center expected to provide?
Services are expected to focus on practical business needs such as finance, management, marketing, and other assistance areas described in Program Announcement OWBO 2011 01.
Who is the target audience for services provided under this grant?
The program is designed to serve women entrepreneurs, including nascent and established business owners. A key expectation is that a representative portion of clients served must be socially and economically disadvantaged.
Does the program require serving socially and economically disadvantaged clients?
Yes. A key program expectation is that a representative portion of the clients served must be socially and economically disadvantaged.
Who is eligible to apply?
Only private nonprofit organizations with 501(c) certification are eligible to apply.
Are for-profit organizations eligible?
No. Eligibility is limited to private nonprofit organizations with 501(c) certification.
Do applicants have to be located in South Carolina?
Yes. The applicant must be located within South Carolina.
Does the project have to serve South Carolina residents or communities?
Yes. The applicant must provide services to South Carolina populations consistent with the announcement requirements.
Can the Womens Business Center be part of a larger organization?
Yes. The WBC can be housed within a larger economic development organization and use that organizations broader resources.
If the WBC is housed within a larger organization, does it need to be separate?
Yes. The WBC must operate as a clearly identifiable, separate program or project rather than being blended into general organizational activities.
What type of award is this (grant vs. cooperative agreement)?
Funding is awarded through a cooperative agreement, which means SBA will have an ongoing partnership role rather than issuing a no-contact grant.
How long is the performance period?
The initial award covers a base year, with up to four additional option years possible, for a total potential performance period of five years.
Are option years guaranteed?
No. Renewal into the option years depends on continued funding availability and satisfactory performance during the prior year.
How many awards does SBA anticipate making under this opportunity?
The opportunity anticipates a single award.
What is the estimated federal funding amount?
The estimated total federal funding is $123,367.
What is the maximum award amount (award ceiling)?
The award ceiling is $123,367.
Is there a minimum award amount?
No minimum award amount is stated in the provided opportunity information.
Is cost sharing (matching) required?
Yes. A cost sharing requirement applies throughout the project period.
What is the required match in Years 1 and 2?
In Years 1 and 2, recipients must contribute one non-federal dollar for every two federal dollars (a 1:2 match).
What is the required match in Years 3 through 5?
In Years 3 through 5, the match increases to one non-federal dollar for every one federal dollar (a 1:1 match).
What forms of matching funds are allowed?
Matching support can include a combination of cash and allowable in-kind contributions.
Is there a limit on how much of the match can be in-kind?
Yes. No more than 50 percent of the match may be in-kind.
How much of the match must be cash?
At least 50 percent of the match must be cash.
Can program income be used as cash match?
Yes. The required cash match can include program income, such as fees generated from services.
What is the legal authority for this program?
The program is authorized under the Small Business Act, Sections 2(h) and 29 (15 U.S.C. Sections 631(h) and 656), as amended.
What is the CFDA number for this program?
The CFDA listing is 59.043, Womens Business Ownership Assistance.
When was the opportunity posted and when did it close?
The announcement was posted on May 25, 2011, and the application closing date was June 24, 2011. It was archived on June 25, 2011.
Who is the point of contact for questions about the program announcement?
The SBA Office of Womens Business Ownership is the listed point of contact. The phone number provided is 202-205-6673, and an electronic mailbox is also referenced for questions related to the program announcement.
Where can applicants find details on the required assistance areas and expectations?
Details are described in Program Announcement OWBO 2011 01, which outlines assistance areas such as finance, management, marketing, and other required or expected services.
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