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Monday, June 18, 2018

$11 Million in Funding to Help Black-Owned and Other Minority-Owned Businesses and Initiatives

The Minority Business Development Agency

The Minority Business Development Agency (MBDA) will provide Federal assistance to support innovative projects seeking to promote and ensure the inclusion and use of minority enterprises. This Announcement is a mechanism to encourage new activities, education, outreach, innovative projects or sponsorships that are not addressed through other MBDA programs.
MBDA expects a total of approximately $11,650,000 to fund the financial assistance awards utilizing FY2018 appropriated funds. Eligible applicants includ for-profit entities (including but not limited to sole proprietorships, partnerships, limited liability companies, and corporations), non-profit organizations, institutions of higher education.

How to apply

Applicants must review and adhere to the full Announcement of BAA. A completed application must be transmitted and time-stamped at www.Grants.gov no later than 11:59 p.m. Eastern Standard Time on July 11, 2018. Applications received after the closing date will not be considered.

Applicants must include only one (1) initiative per application but may apply for multiple initiatives under this Announcement in separate applications. Failure to file separate applications for each initiative will result in disqualification of the application.



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