Opportunity Information: Apply for OWBO 2012 01
Apply for OWBO 2012 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 1, 2012 and posted on May 1, 2012.
- Applicants must submit their applications by Jun 15, 2012. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $450,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $150,000.00 in funding.
- The number of recipients for this funding is limited to 3 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- Only private, 501(c) certified non profit organizations that are located within and will provide services to the population of Virginia, Ohio, and Hawaii as outlined in Program Announcement OWBO 2012 01, Section III will be considered.
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Opportunity Summary:
The Womens Business Center Initial Grant (Funding Opportunity Number OWBO 2012 01) is a competitive SBA funding opportunity designed to establish and operate Womens Business Centers (WBCs) that deliver hands-on, practical technical assistance to women entrepreneurs. The SBA is seeking qualified organizations to run a clearly identifiable WBC program that helps women who are starting or growing businesses build skills in core areas like finance, management, and marketing, along with other training and counseling topics laid out in Program Announcement OWBO 2012 01. A key expectation is that a representative share of the clients served must be socially and economically disadvantaged, meaning the center should be able to demonstrate real reach and impact for women who face barriers to business ownership.
Eligibility is limited and location-specific. Only private, 501(c) certified nonprofit organizations will be considered, and they must be located within and provide services to the population of Virginia, Ohio, and Hawaii, as specified in Section III of the program announcement. The WBC can be housed within a broader nonprofit or economic development organization and can use shared resources, but it must operate as a distinct, stand-alone program or project that is easy to identify in structure, staffing, budgeting, and outcomes.
Funding is offered through a cooperative agreement, which typically means SBA will have a more active role than in a standard grant, including oversight and collaboration on program goals and performance. SBA anticipates making three awards. The total estimated funding is $450,000, with an award ceiling of $150,000. The base year is funded first, and then up to four additional one-year option periods may be exercised, depending on congressional appropriations or available funding and on whether the WBC meets performance expectations in prior years. In other words, applicants should plan for a five-year project period, but continuation beyond the first year is not automatic and depends on both funding availability and results.
Cost sharing is required and becomes more demanding over time. For years one and two, the recipient must provide one non-federal dollar for every two federal dollars. For years three through five, the match becomes one non-federal dollar for every one federal dollar, effectively a 1:1 match. At least 50 percent of the non-federal match must be cash, and cash can include program income such as fees generated from services. The remaining portion of the match may be met with in-kind contributions, which could include donated space, equipment, supplies, or professional services, as allowed under the program rules. Applicants should be prepared to document match sources carefully, since matching compliance is a common reporting and audit focus in federally funded programs.
This opportunity falls under CFDA (now commonly referenced as Assistance Listing) 59.043, Womens Business Ownership Assistance, and is authorized under the Small Business Act, Sections 2(h) and 29 (15 U.S.C. 631(h) and 656), as amended. The original posting date was May 1, 2012, with an application deadline of June 15, 2012, and the announcement archived on June 16, 2012. Organizations needing the full program announcement or having trouble accessing it were directed to contact the SBA Office of Womens Business Ownership (OWBO) at 202-205-7140.
Frequently Asked Questions (FAQs): Womens Business Center Initial Grant (OWBO 2012 01)
What is the Womens Business Center Initial Grant (OWBO 2012 01)?
The Womens Business Center Initial Grant (Funding Opportunity Number OWBO 2012 01) is a competitive SBA funding opportunity to establish and operate Womens Business Centers (WBCs). The goal is to deliver hands-on, practical technical assistance to women entrepreneurs, especially those starting or growing a business.
What is the purpose of a Womens Business Center (WBC) under this opportunity?
The WBC is expected to provide a clearly identifiable program that helps women entrepreneurs build skills and capacity to start or grow businesses. Core areas highlighted include finance, management, and marketing, along with other training and counseling topics described in Program Announcement OWBO 2012 01.
What types of services are WBCs expected to provide?
WBCs are expected to provide hands-on, practical technical assistance. The description specifically mentions training and counseling that build skills in finance, management, and marketing, plus other training/counseling topics laid out in the program announcement (OWBO 2012 01).
Is there a target population the WBC must serve?
Yes. A key expectation is that a representative share of the clients served must be socially and economically disadvantaged. The center should be able to demonstrate reach and impact for women who face barriers to business ownership.
Who is eligible to apply?
Eligibility is limited to private, 501(c) certified nonprofit organizations. Other organization types are not described as eligible in the information provided.
Is eligibility restricted by location?
Yes. Applicants must be located within and provide services to the population of Virginia, Ohio, and Hawaii, as specified in Section III of the program announcement.
Does the applicant have to be a stand-alone organization to run a WBC?
No. The WBC can be housed within a broader nonprofit or economic development organization and can use shared resources. However, it must operate as a distinct, stand-alone program or project that is clearly identifiable in structure, staffing, budgeting, and outcomes.
How many awards does SBA expect to make?
SBA anticipates making three awards under this opportunity.
How much funding is available?
The total estimated funding is $450,000. The award ceiling is $150,000.
What type of federal funding instrument is used?
Funding is offered through a cooperative agreement. This typically means SBA is expected to have a more active role than with a standard grant, including oversight and collaboration on program goals and performance.
How long is the project period?
The base year is funded first, and then up to four additional one-year option periods may be exercised. Applicants should plan for a five-year project period, but continuation beyond the first year is not automatic.
Is funding after the first year guaranteed?
No. Continuation into option years depends on congressional appropriations or available funding and on whether the WBC meets performance expectations in prior years.
Is cost sharing (matching funds) required?
Yes. Cost sharing is required and the match requirement increases over time.
What is the matching requirement for years 1 and 2?
For years one and two, the recipient must provide one non-federal dollar for every two federal dollars.
What is the matching requirement for years 3 through 5?
For years three through five, the recipient must provide one non-federal dollar for every one federal dollar (a 1:1 match).
How much of the match must be cash?
At least 50 percent of the non-federal match must be cash.
Can program income count as cash match?
Yes. Cash can include program income, such as fees generated from services.
Can in-kind contributions be used to meet the match requirement?
Yes. The remaining portion of the match (beyond the required cash portion) may be met with in-kind contributions, which could include donated space, equipment, supplies, or professional services, as allowed under the program rules.
What should applicants expect in terms of documentation and compliance for the match?
Applicants should be prepared to document match sources carefully. Matching compliance is described as a common reporting and audit focus in federally funded programs.
What is the Assistance Listing (CFDA) number for this program?
This opportunity falls under CFDA (Assistance Listing) 59.043, Womens Business Ownership Assistance.
What is the legal authority for the program?
The program is authorized under the Small Business Act, Sections 2(h) and 29 (15 U.S.C. 631(h) and 656), as amended.
When was the opportunity posted and when was the application due?
The original posting date was May 1, 2012. The application deadline was June 15, 2012.
Is the opportunity still open?
No. The announcement was archived on June 16, 2012.
Where can applicants get the full program announcement or help accessing it?
Organizations needing the full program announcement or having trouble accessing it were directed to contact the SBA Office of Womens Business Ownership (OWBO) at 202-205-7140.
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