Prime Technical Assistance

To increase the number of microenterprises and to enhance the management capability of microentrepreneurs in starting, expanding and/or growing their business; to provide training and capacity building services to enhance existing Microenterprise Development Organizations (MDOs) and expand the universe

credit: 4entrepreneur
of MDOs that provide microenterprise development training programs and services; and to fund research and development of best practices for training and technical assistance consistent with the PRIME Act.

Agency - Small Business Administration

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.

Office - See Regional Agency Offices.

See Appendix IV of the Catalog of Federal Domestic Assistance under Small Business Administration.
Website Address

http://www.sba.gov/


Relevant Nonprofit Program Categories





Selected Recipients for this Program


RecipientAmount Start DateEnd Date
Mountain Bizcapital, Inc $ 80,000   2020-09-302021-09-29
Native Cdfi Network, Inc. $ 180,000   2020-09-302021-09-29
Montana Community Development Corporation $ 198,000   2020-09-302021-09-29
West Central Missouri Community Action Agency $ 98,000   2020-09-302021-09-29
Initiative Foundation $ 150,000   2020-09-302021-09-29
Southeast Community Capital Corporation $ 200,000   2020-09-302021-09-29
Vermont-slauson Ldc, Inc. $ 200,000   2020-09-302021-09-29
Indian Dispute Resolution Services, Inc. $ 100,000   2020-09-302021-09-29
Northeast Entrepreneur Fund, Inc. $ 200,000   2020-09-302021-09-29
Northwest Side Community Development Corporation $ 140,000   2020-09-302021-09-29



Program Accomplishments

Fiscal Year 2016: https://www.sba.gov/sites/default/files/files/2016_PRIME_Awardee_Profiles.pdf. Fiscal Year 2017: No current data available. Fiscal Year 2018: No Current Data Available

Uses and Use Restrictions

The recipients of the services provided by the grantees are those persons/businesses who satisfy the eligibility criteria as defined in the Act.

Eligibility Requirements

Applicant Eligibility

Grant recipients shall be non-profit microenterprise development or program (or a collaborative thereof) that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs, an intermediary, a microenterprise development organization or program that is accountable to a local community, working in conjunction with a State or local government or Indian tribe, or an Indian tribe acting on its' own, if the tribe can certify that no private organization or program referred to in this paragraph exists within its' jurisdiction.

Beneficiary Eligibility

Disadvantaged entrepreneurs, microenterprises, and microenterprise development organizations as defined in the Act.

Credentials/Documentation

No Credentials or documentation are required. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.

Aplication and Award Process

Preapplication Coordination

Preapplication coordination is not applicable.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Subject to the availability of funds, SBA will issue a Notice of Funds Availability (NOFA) soliciting responses from qualified organizations for the services to be provided under the Act.

Award Procedures

Successful offerors will be notified of a decision by letter from the Office of Economic Opportunity.

Deadlines

Contact the headquarters or regional office, as appropriate, for application deadlines.

Authorization

Riegle Community Development and Regulatory Improvement Act of 1994, Public Law 106-102 (15 U.S.C. 6901 et seq.) Law 106-102 (15 USC 6901 et seq) , Public Law 106-102.

Range of Approval/Disapproval Time

60 to 90 days.

Appeals

Additional information available at SBA's website at www.sba.gov.

Renewals

The period of performance for grants awarded under the Act is for one year with four twelve month options exercised at the discretion of the government.

Assistance Considerations

Formula and Matching Requirements

Statutory formulas are not applicable to this program. Matching requirements are not applicable to this program. MOE requirements are not applicable to this program.

Length and Time Phasing of Assistance

See information at www.sba.gov. See the following for information on how assistance is awarded/released: Information available at www.sba.gov.

Post Assistance Requirements

Reports

See information at www.sba.gov.

Additional details available on SBA's website at www.sba.gov.

Information available at www.sba.gov.

See information 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. SBA reserves the right to perform pre- and post award audits. Grant recipients are required to provide audited financial statements on an annual basis.

Records

Grant recipients are required to collect and maintain data on recipients of technical assistance which shall be included in the grant recipient's performance reports.

Financial Information

Account Identification

73-0400-0-1-376.

Obigations

(Project Grants) FY 16 $5,000,000; FY 17 est $5,000,000; and FY 18 est $0

Range and Average of Financial Assistance

No data available.

Regulations, Guidelines, and Literature

The regulations are available in 13 CFR.

Information Contacts

Regional or Local Office

See Regional Agency Offices. See Appendix IV of the Catalog of Federal Domestic Assistance under Small Business Administration.

Headquarters Office

Manuel Hidalgo SBA Office of Economic Opportunity 409 3rd St., SW 8th Floor, Washington, DC, District of Columbia 20416 Email: manuel.hidalgo@sba.gov Phone: 202-401-6365

Criteria for Selecting Proposals

Past performance, approach, personnel, and cost.


Bina Sitaram, a 40-year old former senior garment technician in the fashion industry, has created a social enterprise that affords young students lessons in healthy living by holding gardening, cooking and arts and crafts sessions.




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