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Prime Technical Assistance
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.
See Appendix IV of the Catalog of Federal Domestic Assistance under Small Business Administration.
Selected Recipients for this Program
| Recipient | Amount | Start Date | End Date | |
| Mountain Bizcapital, Inc | $ 80,000 | 2020-09-30 | 2021-09-29 | |
| Native Cdfi Network, Inc. | $ 180,000 | 2020-09-30 | 2021-09-29 | |
| Montana Community Development Corporation | $ 198,000 | 2020-09-30 | 2021-09-29 | |
| West Central Missouri Community Action Agency | $ 98,000 | 2020-09-30 | 2021-09-29 | |
| Initiative Foundation | $ 150,000 | 2020-09-30 | 2021-09-29 | |
| Southeast Community Capital Corporation | $ 200,000 | 2020-09-30 | 2021-09-29 | |
| Vermont-slauson Ldc, Inc. | $ 200,000 | 2020-09-30 | 2021-09-29 | |
| Indian Dispute Resolution Services, Inc. | $ 100,000 | 2020-09-30 | 2021-09-29 | |
| Northeast Entrepreneur Fund, Inc. | $ 200,000 | 2020-09-30 | 2021-09-29 | |
| Northwest Side Community Development Corporation | $ 140,000 | 2020-09-30 | 2021-09-29 |
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.
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