The Small Business Administration maintains and strengthens the nation's economy by aiding, counseling, assisting and protecting the interests of small businesses and by helping families and businesses recover from national disasters.
Recipient | Amount | Start Date | End Date | |
University Of Kentucky | $ 87,500 |     | 2020-12-01 | 2021-11-30 |
University Of Nebraska | $ 87,500 |     | 2020-12-01 | 2021-11-30 |
University Of Wisconsin System | $ 87,500 |     | 2020-12-01 | 2021-11-30 |
University Of Arkansas System | $ 100,000 |     | 2019-12-01 | 2020-11-30 |
University Of Kentucky | $ 100,000 |     | 2019-12-01 | 2020-11-30 |
Boise State University | $ 99,999 |     | 2019-12-01 | 2020-11-30 |
Vermont State Colleges | $ 100,000 |     | 2019-12-01 | 2020-11-30 |
Universidad Interamericana De Puerto Rico, Inc. | $ 100,000 |     | 2019-12-01 | 2020-11-30 |
University Of Alaska Anchorage | $ 99,025 |     | 2019-12-01 | 2020-11-30 |
University Of Mississippi | $ 100,000 |     | 2019-12-01 | 2020-11-30 |
Fiscal Year 2016: 121200000. Fiscal Year 2017: No data available. Fiscal Year 2018: No data available.
Uses and Use Restrictions
Funds restricted to the use of assisting small businesses.
Eligibility Requirements
Applicant Eligibility
SBA is authorized to make grants (including contracts and cooperative agreements) to any public or private institution of higher education, including but not limited to any land- grant college or university, any college or school of business, engineering, commerce, or agriculture, community college or junior college.
SBA is also authorized to renew the funding of other entities currently funded as SBDCs providing SBA affirmatively determines that such applicants have their own budget and will primarily utilize institutions of higher education to provide the services to the small business community.
Beneficiary Eligibility
Current and potential Small business persons.
Credentials/Documentation
Documentation must include approval and support of the proposal from the State government for state hosted SBDCs. Documentation should also include, but not be limited to: (a) Endorsement of the proposal by State officials; (b) endorsement of the proposal by the university hierarchy; and (c) a statement of commitment by the agencies and organizations listed as resources in the proposal. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.
Aplication and Award Process
Preapplication Coordination
Additional information available on SBA's website at www.sba.gov.
Environmental impact information is not required for this program.
This program is eligible for coverage under E.O.
12372, 'Intergovernmental Review of Federal Programs.' An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review.
Application Procedures
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. All eligible entities within a State interested in establishing an SBDC should coordinate with each other in order to develop a proposal for a statewide SBDC service plan. This program is subject to the provisions of 13 CFR 143 (for State and local governments) and A-110 for institutions of higher education and nonprofit organizations. The proposal should be submitted to the local SBA District Office, listed in Appendix IV of the Catalog.
Award Procedures
Central Office of SBA executes cooperative agreements to approved applicants.
Deadlines
Contact the headquarters or regional office, as appropriate, for application deadlines.
Authorization
Small Business Act, Section 21 (15 U.S.C. 648), Public Law 96-302.
Range of Approval/Disapproval Time
Varies with individual proposals.
Appeals
Varies with individual proposals.
Renewals
This program is on-going and is renewed annually subject to availability of funds. SBDCs are required to update their proposal and submit a current year budget.
Assistance Considerations
Formula and Matching Requirements
This program has no statutory formula. Matching Requirements: Additional information available on SBA's website at www.sba.gov. MOE requirements are not applicable to this program.
Length and Time Phasing of Assistance
Cooperative agreements are usually limited to 1 year. Payments are made by cost reimbursement or in advance as specified in the Notice of Award. See the following for information on how assistance is awarded/released: Additional information available on SBA's website at www.sba.gov.
Post Assistance Requirements
Reports
Additional information available on SBA's website at www.sba.gov.
Information available at www.sba.gov.
See information at www.sba.gov.
Additional information available on SBA's website at www.sba.gov.
Information available at www.sba.gov.
Audits
In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503. .
Records
The SBDC shall maintain detailed, complete, and accurate client activity records of a sufficiency to reflect clearly the nature and variety of the SBDC service provided. Financial records must be maintained until 3 years after the completion of the grant project or submission of the final report, whichever is later.
Financial Information
Account Identification
73-0400-0-1-376.
Obigations
(Formula Grants) FY 16 $121,200,000; FY 17 est $125,000,000; and FY 18 est $110,000,000
Range and Average of Financial Assistance
No Data Available.
Regulations, Guidelines, and Literature
SBDC Program Announcement, SBDC Policy Guidelines, SBDC Handbook for SBA Project Officers.
Information Contacts
Regional or Local Office
See Regional Agency Offices. For addresses of the field offices, see Appendix IV of the Catalog under the Small Business Administration.
Headquarters Office
Vicky Mundt 409 3rd St., SW 6th Floor, Washington, District of Columbia 20416 Email: victoria.mundt@sba.gov Phone: 202-205-7176
Criteria for Selecting Proposals
(1) Ability to match funds (2) Ability to provide technical assistance, training, counseling, and specialized services to the small business community, and (3) State approval.
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