This Federal Funding Opportunity (FFO) announces the anticipated availability of funding for the MBDA Business Center program, and solicits competitive applications for operators of MBDA Business Centers in three locations.
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The services provided will be implemented to generate increased financing and contract opportunities and related awards to minority business enterprises (MBEs). In addition, the services provided will assist MBEs to create and retain jobs. MBDA intends to award three (3) individual cooperative agreements pursuant to this FFO. The total award period for each of the MBDA Business Center projects is expected to be four (4) years.
Specific locations and funding amounts for the MBDA Business Center projects are detailed in the table below and in Appendix A of the full text of the announcement. Funding for this program has not yet been appropriated. MBDA anticipates a total of $850,000 in FY 2012 funds will be available to fund the financial assistance awards for the MBDA Business Center locations identified in this FFO.
The Agency also anticipates that $850,000 will be available in each of FY 2013 through FY 2015 to support continuation funding for these locations. Note: The MBDA Business Center program is not a grant program to start or to expand an individual business. Applications must be to operate an MBDA Business Center and to provide business consulting services to eligible minority-owned firms as set forth in this FFO. Applications that do not meet these requirements will not be considered by MBDA for funding.
Current Closing Date for Applications: Jan 17, 2012
| Expected Number of Awards: | 3 |
| Estimated Total Program Funding: | $850,00 |
Information on Eligibility:
For-profit entities (including but not limited to sole-proprietorships, partnerships, limited liability companies and corporations), non-profit organizations, state and local government entities, Native American Tribes and educational institutions are eligible to apply to operate MBDA Business Centers.
For more information, use this fudning opportunity number foryour inquiries with the Department of Commerce
Funding Opportunity Number: MBDA-OBD-2012-2003240
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