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)

credit: Wikipedia


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 concentrate resources in the use of (1) training and technical assistance to strengthen cooperatives serving economically disadvantaged entrepreneurs and areas; and (2) training and technical assistance to support entrepreneurship among ex-offenders in the criminal justice system, especially those on parole, probation or incarcerated persons soon to be released.
Related Programs

Prime Technical Assistance

Small Business Administration


Agency: Small Business Administration

Office: None

Estimated Funding: $5,000,000


Who's Eligible


Relevant Nonprofit Program Categories



Obtain Full Opportunity Text:
Not Available

Additional Information of Eligibility:
See Synopsis

Full Opportunity Web Address:


Contact:
Jamie Davenport, ChiefCommunity Advantage DivisionPhone 202-205-7516

Agency Email Description:
Jamie.Davenport@SBA.gov

Agency Email:
Jamie.Davenport@SBA.gov

Date Posted:
2016-03-29

Application Due Date:
2016-04-29

Archive Date:
2016-05-02


The 2014 Social Enterprise Awards, now on is 2nd year, has revealed its finalists, which include “businesses that turn household waste into wages, employ the disadvantaged through the baking of artisan breads, or transform the purchasing power of toilet paper into life-saving sanitation.”




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Edited by: Michael Saunders

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