APEX Accelerator Program
ID: 355679Type: Posted
Overview

Buyer

ACC-APG-Aberdeen Division A (DOD-AMC-ACCAPGADA)

Award Range

$60K - $2M

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/355679

Additional Information

https://www.apexaccelerators.us/#/
Timeline
    Description

    The ACC-APG-Aberdeen Division A of the Department of Defense is offering the APEX Accelerator Program, a federal grant opportunity aimed at supporting initiatives that enhance business and commerce through cooperative agreements. Eligible applicants, specifically nonprofits without 501(c)(3) status, must demonstrate statewide coverage by serving at least 50% of the counties and 75% of the labor force within their state, with required documentation to verify this coverage. The program has an estimated total funding of $47 million, with individual awards ranging from $60,000 to $1.5 million, and a total of approximately 95 awards expected. Interested parties should note that the application deadline is October 1, 2024, and can reach out to Monica Wideman at monica.k.wideman.civ@army.mil or by phone at 520-669-8831 for further information.

    Files
    Title
    Posted
    APEX
    APEX.bin
    Attachment
    Attachment.bin
    Attachment.pdf
    The sample budget narrative outlines estimated expenditures for a three-year project totaling $450,000, comprising personnel costs, fringe benefits, travel, supplies, other expenses, and indirect costs. Key components include $168,285 for personnel, $6,709 for fringe benefits, and significant allocations for travel and supplies. Indirect costs, calculated at a rate of 57%, contribute $131,542 to the overall budget.
    Questions.pdf
    1. It is permissible to charge indirect costs to the FY 25/26 budget, with approval determined during proposal review per 2 CFR 200.306 (c). 2. Establishing a regional accelerator is allowed even if another entity hosts a statewide APEX Accelerator, as all eligible entities can apply for the service area of their choice. 3. Entities may propose any cost ratio for FY25/26, but the federal share limit for a non-distressed area is 65 percent, and waivers to exceed this limit won't be granted.
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