MBDA Women’s Entrepreneurship Program
ID: 358216Type: Posted
Overview

Buyer

Minority Business Development Agency (DOC-MBDA)

Eligible Applicants

Others

Funding Category

Science and Technology and other Research and Development

Funding Instrument

Cooperative Agreement

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/358216
Timeline
    Description

    The Minority Business Development Agency (MBDA) is offering a funding opportunity through the Women's Entrepreneurship Program aimed at enhancing the growth of minority business enterprises (MBEs), with a particular focus on women entrepreneurs. Eligible applicants, specifically private nonprofit organizations that provide services to MBEs, are invited to submit proposals that address barriers faced by women entrepreneurs and include evidence-based approaches for capacity building. This initiative, which has a funding pool of approximately $2 million for fiscal year 2025, seeks to support activities that facilitate access to capital, promote participation in high-growth industries, and increase capacity for government contracting. Interested organizations must submit a letter of intent by February 12, 2025, with final applications due by March 17, 2025. For further inquiries, applicants can contact Nakita Chambers at nchambers2@mbda.gov.

    Point(s) of Contact
    nchambers2@mbda.gov
    Files
    Title
    Posted
    MBDA.pdf
    The MBDA Women’s Entrepreneurship Program, overseen by the Minority Business Development Agency (MBDA) of the U.S. Department of Commerce, is opening a funding opportunity for eligible non-profit organizations to enhance the growth of minority business enterprises (MBEs), particularly focusing on women entrepreneurs. This initiative allows for the issuance of four-year cooperative agreements, with an available funding pool of approximately $2 million for fiscal year 2025, targeting services to launch, sustain, and expand MBEs. Key aspects include: - Applications must address barriers faced by women entrepreneurs and engage in evidence-based approaches for capacity building. - Organizations eligible for funding must be 501(c)(3) non-profits primarily serving MBEs. - Proposals must include activities that facilitate access to capital, support participation in high-growth industries, or increase capacity for government contracting. - Deadlines for applications start from February 12, 2025, for an email of intent, and the final applications are due by March 17, 2025. Through structured support and collaboration, the program aims to boost economic contributions from women-led businesses, ultimately leading to a more equitable entrepreneurial landscape. Evaluation of proposals will be based on project effectiveness, organization capability, and performance metrics.
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