The synopsis for this grant opportunity is detailed below, following
this paragraph. This synopsis contains all of the updates to this
document that have been posted as of
06/04/2010
. If
updates have been made to the opportunity synopsis, update information
is provided below the synopsis.
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Description of Modification
Change made to closing date.
Document Type:
Modification to Previous
Grants Notice
Funding Opportunity Number:
RDBCP-10-RMAP
Opportunity Category:
Mandatory
Posted Date:
Jun 04, 2010
Creation Date:
Sep 24, 2010
Original Closing Date for Applications:
RMAP applications are accepted on a rolling basis.
Current Closing Date for Applications:
Sep 30, 2011
RMAP applications are accepted on a rolling basis.
Archive Date:
Funding Instrument Type:
Grant
Category of Funding Activity:
Other (see text field entitled "Explanation of Other Category of Funding Activity" for clarification)
Category Explanation:
The purpose of the RMAP program is to support the development and ongoing success of rural microentrepreneurs and microenterprises. Direct loans and grants are made to selected Microenterprise Development Organizations (MDOs).
Expected Number of Awards:
35
Estimated Total Program Funding:
$8,900,000
Award Ceiling:
$130,000
Award Floor:
$0
CFDA Number(s):
10.870
--
Rural Microentrepreneur Assistance Program
Cost Sharing or Matching Requirement:
Yes
Eligible Applicants
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility:
Non-profit entities, Indian tribes, and public institutions of higher education that, for the benefit of rural microentrepreneurs and microenterprises, provides training and technical assistance, makes microloans or facilitates access to capital or another related service, and/or has demonstrated record of delivering, or an effective plan to develop a program to deliver such services.
Agency Name
Business and Cooperative Programs
Description
Eligible MDOs will automatically be eligible to receive technical assistance grants to provide technical assistance and training to microentrepreneurs that have received or are seeking a microloan under the RMAP. These grants are limited to an amount equal to not more than 25 percent of the loan to an MDO under the RMAP.Technical assistance-only (TA-only) grants will competitively be made to MDOs for the purpose of providing technical assistance and training to prospective borrowers. TA-only grants will be made to eligible MDOs that seek to provide business-based technical assistance and training to eligible microentrepreneurs and microenterprises, but do not seek funding for a direct loan under RMAP.
The following files represent the modifications to this synopsis
with the changes noted within the documents. The list of files is
arranged from newest to oldest with the newest file representing the
current synopsis. Changed sections from the previous document are shown
in a light grey background.
