Women’s Business Center – Initial Phase Grant Virgin Islands
ID: 354800Type: Posted
Overview

Buyer

Small Business Administration (SBA)

Award Range

$75K - $150K

Eligible Applicants

Nonprofits Without 501(c)(3) Status

Funding Category

Business and Commerce

Funding Instrument

Cooperative Agreement

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/354800

Additional Information

https://www.grantsolutions.gov/gs/preaward/previewPublicAnnouncement.do?id=111497
Timeline
    Description

    The Small Business Administration (SBA) has announced a Notice of Funding Opportunity (NOFO) for the Women's Business Center (WBC) Initial Phase Grant in the Virgin Islands, aimed at supporting entrepreneurial development services for women, particularly those who are socially and economically disadvantaged. The grant seeks to empower one private, non-profit organization to provide these essential services in areas lacking existing WBCs, with funding ranging from $75,000 to $150,000, and a non-federal cash match requirement. This initiative is crucial for enhancing the economic capacities of women entrepreneurs in underserved regions, fostering business startups, job creation, and community revenue growth. Interested applicants must submit their proposals electronically via Grants.gov by July 15, 2024, and can direct inquiries to the Grants.gov Customer Support at support@grants.gov or call 1-800-518-4726.

    Point(s) of Contact
    support@grants.gov
    Files
    Title
    Posted
    2024_OWBO_VirginIslands_NOFO_Synopsis.pdf
    The U.S. Small Business Administration (SBA) has announced a Notice of Funding Opportunity (NOFO) for the Women’s Business Center (WBC) program in the Virgin Islands, designated as SB-OEDWB-24-005. The application period opens on June 7, 2024, and concludes on July 15, 2024. This grant, which falls under a cooperative agreement funding type and pertains to business and commerce activities, aims to empower private, 501(c) non-profit organizations. The funding will range from $75,000 to $150,000, with one award expected. The mission of the WBC program is to provide substantial business services to women entrepreneurs, focusing particularly on those who are socially and economically disadvantaged. The funds will be utilized to drive economic impact through successful business startups, job creation, and increased revenue in the community. Interested applicants can direct inquiries to the Office of Small Business Development Centers via the provided email. This funding initiative reflects the SBA's commitment to supporting women's entrepreneurship and fostering economic growth.
    2024_OWBO_VirginIslands.pdf
    The U.S. Small Business Administration has released a Notice of Funding Opportunity (NOFO) for the Office of Women’s Business Centers Program in the Virgin Islands, with applications open from June 7 to July 15, 2024. All submissions must be made electronically via Grants.gov, and organizations are encouraged to register without delay, as this process may take 1-2 weeks. Applicants must obtain a Unique Entity Identifier (UEI) and register with the System for Award Management (SAM), a prerequisite for submitting applications. Registration with SAM can take up to 10 business days, necessitating a notarized letter for authorized personnel. Required application forms available on Grants.gov include the SF-424 Application for Federal Assistance, budget information, and a disclosure of lobbying activities, among others. Prospective applicants should ensure that their organization’s Authorized Organizational Representatives (AORs) are registered to facilitate the application process. For assistance, a Grants.gov support line is available, as well as resources to guide organizations through registration and application submission. This funding opportunity underscores the federal government’s commitment to supporting women entrepreneurs through accessible financing and resources.
    SBA_OWBO_Virgin.pdf
    The U.S. Small Business Administration (SBA) has issued a Notice of Funding Opportunity (NOFO) for Women’s Business Center (WBC) Initial Phase Grants aimed at providing entrepreneurial development services to women, particularly those who are socially and economically disadvantaged, in the Virgin Islands. The funding period spans from September 30, 2024, to September 29, 2025, with proposals due by July 15, 2024. One award of up to $150,000 is available, requiring a non-federal cash match. Eligible applicants include private, 501(c) non-profit organizations with relevant experience, including minority-serving institutions and religious organizations. The proposal process involves an extensive review of the organization’s capacity to deliver services, engage stakeholders, and implement financial management protocols. Moreover, the successful applicant must demonstrate how their services will address gaps in the entrepreneurial ecosystem while collecting data to assess performance. The SBA enforces strict reporting and accountability measures, requiring applicants to maintain detailed records and share financial reports regularly. This initiative illustrates the federal government's commitment to enhancing the economic capacities of women entrepreneurs in underserved regions.
    WBC.bin
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