SMALL BUSINESS ADMINISTRATION

AUTHORIZATION:

Small Business Act, Section 29, 15 U.S.C. 631(h) and 656; Women's Business Center Sustainability Act of 1999; Women's Business Ownership Act of 1988.

OBJECTIVES:

To fund private, nonprofit organizations to assist, through training and counseling, small business concerns owned and controlled by women, and to remove, in so far as possible, the discriminatory barriers that are encountered by women in accessing capital and promoting their businesses.

TYPES OF ASSISTANCE:

Project Grants.

USES AND USE RESTRICTIONS:

To establish women's business centers for the benefit of small business concerns owned and controlled by women. The services and assistance provided by the women's business centers must include financial, management, procurement and marketing to start-up or established on-going concerns. Annual awards are issued through a 5-year term to successful applicants. Also, sustaining centers that have completed an award cycle may receive additional funding through a 4-year pilot program established under the Women's Business Center Sustainability Act of 1999. Awards are not issued to start or expand a business.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility:   Private, nonprofit organizations having experience in effectively training and counseling business women. Public educational institutions and State and local governments are not eligible.

Beneficiary Eligibility:   Women entrepreneurs starting their own business or expanding their existing business.

Credentials/Documentation:   None.

APPLICATION AND AWARD PROCESS:

Preapplication Coordination:   This program is excluded from coverage under E.O. 12372.

Application Procedure:   Applications are accepted in accordance with and up to the date specified in the annual program announcement. The applicant must complete the Application for Federal Assistance (Standard Forms 424, 424A and 424B) and submit a written proposal addressing all of the selection criteria stated in the program announcement. The applicant must submit applications/proposals by the application closing date to the SBA Office of Procurement and Grants Management, 5th Floor, 409 3rd Street, SW., Washington DC 20416.

Award Procedure:   Proposals of eligible applicants are evaluated by a review panel. Candidates for sustainability awards also undergo a site review. The SBA/Office of Procurement and Grants Management issues an award to each approved applicant.

Deadlines:   Applications/proposals must be submitted by the date indicated in the Program Announcement.

Range of Approval/Disapproval Time:   Within 120 days from filing deadline.

Appeals:   Not applicable.

Renewals:   Annual option awards are issued to successful award recipients through a 5-year term without recompetition.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements:   Of the appropriation made available to the WBC program, administrative costs ranges from 1.6 to 2 percent from fiscal years 2000 through 2003. During that period, the following percentages must be reserved for sustainability awards: (1) for Federal fiscal year 2000, 17%; (2) for fiscal year 2001, 18.8%; (3) for fiscal year 2002, 30.2%; (4) for fiscal year 2003, 30.2%. Remaining program funds must be issued to annually award recipients of new and continuing projects. The recipient organization must obtain cash contributions from nonfederal sources to match the Federal award. The match requirement for recipients through the 5-year term is as follows: one nonfederal dollar for each two Federal dollars in the first and second years; and one nonfederal dollar for each Federal dollar in the third, fourth and fifth years. The match requirement for sustainability awards is One nonfederal dollar for each Federal dollar each year through the 5-year term. Up to one-half of the nonfederal matching assistance may be in the form of in-kind contributions. The Administration may disburse up to 25 percent of each year's Federal share awarded to a recipient organization after notice of the award has been issued and before the nonfederal sector matching funds are obtained.

Length and Time Phasing of Assistance:   The annual performance period begins July 1 and ends June 30 of the following calendar year. Success projects may be funded through a 5-year term without recompetition.

POST ASSISTANCE REQUIREMENTS:

Reports:   Quarterly performance and financial reports are due in October, January, April and July of each 12-month performance period. Each project report must include statistical data. Two reports, January and July, must include a narrative description of project activities. The Administrator prepares an annual report to the Committees on Small Business of the House of Representatives and the Senate on the effectiveness of all projects. Performance report must provide information concerning: (1) The number of individuals assisted; (2) the number of hours of counseling and training provided and workshops conducted; (3) the number of startup business concerns formed; (4) any available gross receipts of assisted concerns; (5) increases or decreases in profits of assisted concerns; and (6) the employment increases or decreases of assisted concerns.

Audits:   The SBA will conduct an annual programmatic and financial examination of each Women's Business Center. Also, the award recipient must follow audit requirements as prescribed in OMB Circular No. A-133, as applicable.

Records:   The awardee shall maintain and submit detailed, complete and accurate client activity records to reflect clearly the nature and variety of services provided. Financial records must be kept until 3 years after the completion and submission of the final report.

FINANCIAL INFORMATION:

Account Identification:   73-0100-0-1-376.

Obligations:   (Cooperative Agreements) FY 99 $8,000,000; FY 00 est $9,000,000; and FY 01 est $9,000,000.

Range and Average of Financial Assistance:   $75,000 to $150,000; $150,000.

PROGAM ACCOMPLISHMENTS:

In fiscal year 2000, training and counseling was offered at 71 centers across the nation. In addition to regular services, centers provided mentoring and internet services. All centers provide content and maintenance services to the Online Women's Business Center on the Internet, www.onlinewbc.org.

REGULATIONS, GUIDELINES, AND LITERATURE:

OMB Circulars A-110, A- 122, A-21, A-133.

INFORMATION CONTACTS:

Regional or Local Office:   Women's Business Ownership Representative. See Appendix IV of the Catalog for a listing of the Small Business Administration offices.

Headquarters Office:   Small Business Administration, Office of Women's Business Ownership, 409 Third Street, SW., Washington, DC 20416. Telephone: (202) 205-6673. Use the same number for FTS. Contact: Sally Murrell.

Web Site Address:   http://www.sba.gov/womeninbusiness.

EXAMPLES OF FUNDED PROJECTS:

A typical project funded is the Women's Economic Self Sufficiency Team in Albuquerque, NM. The project provides in-depth and quality training and counseling to women entrepreneurs in Las Cruces and Farmington, NM.

CRITERIA FOR SELECTING PROPOSALS: