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Program for Investment in Microentrepreneurs (PRIME)
The Program for Investment in Microentrepreneurs Act of 1999 (the PRIME Act) became law on November 12, 1999 with the passage of Pub.
L.
No.
106-102 (15 U.S.C.
§ 6901 note).
The PRIME Act authorizes the SBA Administrator to establish a program for the purposes
of:
(i) providing training and technical assistance to disadvantaged entrepreneurs; (ii) providing training and capacity building assistance to microenterprise development organizations (MDOs) and programs; (iii) aiding in Research and development of best practices for microenterprise and technical assistance programs for disadvantaged entrepreneurs; and (iv) for other activities as the SBA Administrator determines.
This year, SBA will give additional consideration to those applicants that (1) provide training and technical assistance to economically disadvantaged entrepreneurs in rural areas; and (2) training and technical assistance to support entrepreneurship in HubZones.
Since its establishment in 1953, SBA has served to aid, counsel, assist and protect the interests of small businesses.
While SBA is best known for its financial support of small businesses through its many lending programs, the Agency also plays a critical role in providing funding to organizations that deliver training and technical assistance to small business concerns and nascent entrepreneurs to promote growth, expansion, innovation, increased productivity and management improvement.
L.
No.
106-102 (15 U.S.C.
§ 6901 note).
The PRIME Act authorizes the SBA Administrator to establish a program for the purposes
of:
(i) providing training and technical assistance to disadvantaged entrepreneurs; (ii) providing training and capacity building assistance to microenterprise development organizations (MDOs) and programs; (iii) aiding in Research and development of best practices for microenterprise and technical assistance programs for disadvantaged entrepreneurs; and (iv) for other activities as the SBA Administrator determines.
This year, SBA will give additional consideration to those applicants that (1) provide training and technical assistance to economically disadvantaged entrepreneurs in rural areas; and (2) training and technical assistance to support entrepreneurship in HubZones.
Since its establishment in 1953, SBA has served to aid, counsel, assist and protect the interests of small businesses.
While SBA is best known for its financial support of small businesses through its many lending programs, the Agency also plays a critical role in providing funding to organizations that deliver training and technical assistance to small business concerns and nascent entrepreneurs to promote growth, expansion, innovation, increased productivity and management improvement.
Agency: Small Business Administration
Office: Small Business Administration
Estimated Funding: $5,000,000
Office: Small Business Administration
Estimated Funding: $5,000,000
Who's Eligible
Obtain Full Opportunity Text:
Individuals With Disabilities Living in Rural Areas CFDA 84.133B-11; Notice Inviting Applications for a New Award for Fiscal Year (FY) 2008
Additional Information of Eligibility:
See Funding Opportunity
Full Opportunity Web Address:
http://edocket.access.gpo.gov/2008/pdf/E8-15359.pdf
Contact:
Agency Email Description:
onica.browne@sba.gov
Agency Email:
Date Posted:
2018-05-01
Application Due Date:
Archive Date:
2008-08-10
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Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
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