Program for Investment in Microentrepreneurs (PRIME)
Agency: Small Business Administration
Assistance Listings
- 59.050 -- Prime Technical Assistance
Archived opportunityLast Updated: May 13, 2026
View version history on Grants.gov
Description
The U.S. Small Business Administration (SBA) has issued Program Announcement No. PRIME-2015-01 to provide training and capacity building grant programs to microenterprise development organizations (MDOs). SBA will evaluate applications for funding in accordance with the purposes of the Act, including an application’s ability to demonstrate mission-oriented and culturally competent projects and/or services that reflect local community demographics. Section 5.0 of the Program Announcement more fully defines the specific evaluation criteria. PRIME has two tracks for which SBA will consider granting...
awards under this program announcement. • Track 1 - seeks applications for funding to provide training and technical assistance programs to disadvantaged entrepreneurs including training specifically designed to implement automated financial accounting, financial reporting, and inventory management systems, etc.• Track 2 (Capacity Building) – seeks applications for funding to provide training and capacity building services to MDOs, microenterprise development programs, and groups of such organizations to assist them in developing microenterprise training and services, including services geared towards building MDO capacity to provide business training and technical assistance that will improve the ability of small businesses.
Eligibility
Eligible applicants
Miscellaneous
- Other
Additional information
An applicant must clearly demonstrate that it is one of the following:• A microenterprise development organization or program (or group or Collaborative thereof) such as a non-profit Community Development Financial Institution or similar entity, that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneursor • An Intermediary (as defined in Section 8.1) which has experience in delivering technical assistance to disadvantaged entrepreneurs; or• A microenterprise development organization or program (as defined in Section 8.1) that is accountable to a local community, working in conjunction with a State or local government or Indian Tribe; or • An Indian tribe acting on its own, if it can certify that no private organization or program referred to in paragraph in paragraphs (1) exists within its jurisdiction.
Grantor contact information
Description
Jamie Davenport
Chief, Community Advantage Division
Email: PRIME@sba.gov
Financial Analyst
Phone 202-205-7516
Jamie.Davenport@SBA.gov
Documents
| File name | Description | Last updated |
|---|---|---|
| prime-2015-01_announcement_final.docx | PRIME Program Announcement | May 18, 2015 07:19 PM UTC |
| prime_2015-01_synopsis_final_3.docx | PRIME Synopsis | May 18, 2015 07:19 PM UTC |
Link to additional information
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Archived: July 1, 2015
Award
$5,000,000
Program Funding
35
Expected awards
$50,000
Award Minimum
$250,000
Award Maximum
Funding opportunity number:
PRIME-2015-01
Cost sharing or matching requirement:
Yes
Funding instrument type:
Cooperative agreement
Opportunity Category:
Discretionary
Opportunity Category Explanation:
--
Category of Funding Activity:
Business and commerce
Category Explanation:
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History
Version:
3
Posted date:
May 18, 2015
Archive date:
July 1, 2015
