Program for Investment in Micro-Entrepreneurs Technical Assistance
Page 2

The Small Business Administration is set to administer project grants with an estimated budget amounting to $50,000 per single award and is planning to award multiple grants pending the availability of funds and resources.

Interested applicants of the PRIME Technical Assistance Program can visit the Grants.gov website or contact a local SBA office near them.

The organizations and institutions that are eligible to participate in the PRIME Technical Assistance program are the following:

a) A micro-enterprise program or organization that has constantly demonstrated record of delivering micro-enterprise services to disadvantaged low-income micro-entrepreneurs

b) An intermediary, including private, nonprofit entities that serve micro-enterprise development organizations

c) A micro-enterprise development program or organization that is working with a state or local government or Indian tribe and is accountable to a local community,

d) Indian tribes that are acting on their own, thereby having the ability to certify that no private organization or program exists within its jurisdiction.

The Small Business Administration, the primary agency funding the Program for Investment in Micro-Entrepreneurs Technical Assistance, is the country's leading agency that is mainly responsible for maintaining and strengthening the economy by protecting, aiding, assisting and counseling the interests of small businesses.



Program for Investment in Micro-Entrepreneurs Technical Assistance
  Back to Page 1

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Small Business Grants

9 Things You Must Do To Maximize Your Chances Of Obtaining A Small Business Loan
To get approval for your small business loan application, you must be able to meet the lending criteria set down. Some organisations are more risk averse than others, and will therefore have more st...

---

Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program
The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.

---

Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.

---

Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.

---