Opportunity Information: Apply for OWBO 2014 02
Apply for OWBO 2014 02
- The Small Business Administration in the business and commerce sector is offering a public funding opportunity titled "Womens Business Center Renewal 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 Feb 7, 2014 and posted on Feb 7, 2014.
- Applicants must submit their applications by Mar 24, 2014 The closing date is March 24, 2014 at 1159pm 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 $125,882.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $125,882.00 in funding.
- The number of recipients for this funding is limited to 37 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 Renewal Grant (Funding Opportunity No. OWBO 2014 02) is a discretionary funding opportunity from the U.S. Small Business Administration (SBA) designed to continue support for existing Women s Business Centers (WBCs) that are already part of the SBA WBC program. It is aimed specifically at private, IRS-recognized 501(c) nonprofit organizations that operate a current SBA-funded WBC and that will have successfully completed either an initial five-year WBC project term or a three-year renewal project term by September 29, 2014. In other words, this is not a startup grant for new centers; it is a renewal opportunity intended to sustain and extend the work of established WBCs that have met prior project requirements and are positioned to continue delivering services.
The purpose of the WBC program is to provide technical assistance to women entrepreneurs, whether they are just starting out or already operating established businesses. The services emphasized include core business fundamentals such as finance, management, and marketing, along with other training or counseling areas laid out in the formal program announcement. A key program expectation is that WBCs serve a representative number of clients who are socially and economically disadvantaged, reflecting the SBA s intent that these centers expand access to high-quality business assistance for communities that face barriers to capital, networks, and business support. WBCs may be housed within a larger economic development or nonprofit organization and can use shared organizational resources, but the WBC must remain a clearly identifiable and separate program or project within that host entity.
Awards are issued as cooperative agreements, which typically means the SBA anticipates an ongoing working relationship with recipients and may have more involvement in oversight and program direction than in a standard grant. The award structure includes a base year, with the possibility of two additional option years, creating a potential three-year renewal period. Those option years are not automatic; they depend on the availability of federal funding and the center s performance during the prior year. The program s legal authority is rooted in the Small Business Act, specifically Sections 2(h) and 29 (15 U.S.C. 631(h) and 656), as amended.
A major feature of this opportunity is the cost-sharing requirement. Recipients must provide non-federal matching funds at a one-to-one ratio for each of the three project years, meaning one non-federal dollar for every one federal dollar awarded. At least 50 percent of the match must be cash, and this cash portion can include program income such as fees earned from services. The remaining portion of the match may be satisfied through in-kind contributions, which can include allowable donated goods or services that support the project. This matching structure effectively requires centers to demonstrate strong local support and the ability to sustain programming through diversified funding sources, not federal dollars alone.
In terms of funding details and timing, the SBA anticipated making about 37 awards under CFDA 59.043 (Womens Business Ownership Assistance). The estimated total funding listed is $125,882, and the award ceiling is also $125,882 (with an award floor of $0). The opportunity was posted on February 7, 2014, and the application deadline was March 24, 2014 at 11:59 pm Eastern Time, with an archive date of April 23, 2014. Eligible applicants are described broadly as "Others" in the listing, but the synopsis clarifies eligibility is limited to qualifying nonprofit organizations already operating within the SBA WBC program and meeting the completion milestones described above.
Applicants seeking the full announcement and application specifics were directed to SBA s Women s Business Center grant opportunities page. For assistance accessing the announcement, the SBA Office of Womens Business Ownership (OWBO) provided contact support by phone at (202) 205-6673 and by email at owbo@sba.gov.
Womens Business Center Renewal Grant (OWBO 2014 02) - FAQs
1) What is the Womens Business Center Renewal Grant (Funding Opportunity No. OWBO 2014 02)?
It is a discretionary funding opportunity from the U.S. Small Business Administration (SBA) intended to continue support for existing Women s Business Centers (WBCs) that are already part of the SBA WBC program. It is a renewal opportunity, not funding to start a new center.
2) Is this a grant to start a new Women s Business Center?
No. The opportunity is specifically described as a renewal grant for established SBA-funded WBCs that have already been operating under the SBA WBC program and have met prior project term requirements.
3) Who is eligible to apply?
Eligibility is limited to private, IRS-recognized 501(c) nonprofit organizations that operate a current SBA-funded WBC and that will have successfully completed either (a) an initial five-year WBC project term or (b) a three-year renewal project term by September 29, 2014.
4) What does an applicant have to have completed by September 29, 2014 to qualify?
The nonprofit must have successfully completed either an initial five-year WBC project term or a three-year renewal project term by September 29, 2014.
5) What is the purpose of the SBA Women s Business Center program?
The program exists to provide technical assistance to women entrepreneurs, including those starting businesses and those operating established businesses.
6) What types of services are Women s Business Centers expected to provide under this program?
The opportunity emphasizes core business fundamentals such as finance, management, and marketing, along with other training or counseling areas described in the formal program announcement.
7) Are WBCs expected to serve socially and economically disadvantaged clients?
Yes. A key expectation is that WBCs serve a representative number of clients who are socially and economically disadvantaged, reflecting the SBA intent to expand access to high-quality business assistance for communities facing barriers to capital, networks, and business support.
8) Can a WBC be part of a larger organization?
Yes. WBCs may be housed within a larger economic development or nonprofit organization and may use shared organizational resources, but the WBC must remain a clearly identifiable and separate program or project within the host entity.
9) What kind of award mechanism is used for this opportunity?
Awards are issued as cooperative agreements, which typically means the SBA anticipates an ongoing working relationship with recipients and may be more involved in oversight and program direction than with a standard grant.
10) How long is the renewal period?
The structure includes a base year with the possibility of two additional option years, for a potential three-year renewal period.
11) Are the option years guaranteed?
No. Option years are not automatic and depend on the availability of federal funding and the center s performance during the prior year.
12) What is the cost-sharing or matching requirement?
Recipients must provide non-federal matching funds at a one-to-one (1:1) ratio for each of the three project years, meaning one non-federal dollar for every one federal dollar awarded.
13) Does the match have to be cash?
At least 50 percent of the required match must be cash.
14) Can program income count toward the cash match?
Yes. The cash portion of the match can include program income, such as fees earned from services.
15) Can in-kind contributions be used to meet the match requirement?
Yes. The remaining portion of the match (beyond the required cash share) may be satisfied through in-kind contributions, including allowable donated goods or services that support the project.
16) What CFDA program is associated with this funding opportunity?
The opportunity is associated with CFDA 59.043, Womens Business Ownership Assistance.
17) How many awards did SBA anticipate making?
SBA anticipated making about 37 awards under this opportunity.
18) What is the estimated total funding amount listed?
The estimated total funding listed is $125,882.
19) What is the award ceiling and award floor?
The award ceiling is $125,882, and the award floor is $0.
20) When was the opportunity posted, and what were the key dates?
The opportunity was posted on February 7, 2014. The application deadline was March 24, 2014 at 11:59 pm Eastern Time. The archive date was April 23, 2014.
21) Where were applicants directed to find the full announcement and application specifics?
Applicants were directed to SBA s Women s Business Center grant opportunities page for the full announcement and application details.
22) What is the legal authority for the program?
The legal authority is the Small Business Act, specifically Sections 2(h) and 29 (15 U.S.C. 631(h) and 656), as amended.
23) Who can be contacted for help accessing the announcement?
The SBA Office of Womens Business Ownership (OWBO) provided support by phone at (202) 205-6673 and by email at owbo@sba.gov.
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