Content provided by the Catalog of Federal Domestic Assistance
59.037 Small Business Development Center
SMALL BUSINESS ADMINISTRATION
Small Business Act of 1953, Section 21, as amended, Public Laws 96-302, 98-395 and 105-135.
To provide management counseling, training, and technical assistance to the small business community through Small Business Development Centers (SBDCs).
TYPES OF ASSISTANCE:
USES AND USE RESTRICTIONS:
Funds restricted to the use of assisting small businesses.
Applicant Eligibility: SBA is authorized to make grants (including contracts and cooperative agreements) to any public or private institution of higher education, including but not limited to any land- grant college or university, any college or school of business, engineering, commerce, or agriculture, community college or junior college. SBA is also authorized to renew the funding of other entities currently funded as SBDCs providing SBA affirmatively determines that such applicants have their own budget and will primarily utilize institutions of higher education to provide the services to the small business community.
Pre-application Coordination: Submission of proposal (including State endorsement) to the Central Office of SBA. The standard application forms as furnished by the Small Business Administration and required by OMB Circular No. A-102 must be used for this program. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review.
Formula and Matching Requirements: The SBA will provide funds, the amount being determined on a pro-rata share of $75,800,000 based on the population to be served by the SBDC as compared to the total population in the United States, with no State receiving less than $500,000, or whichever is greater. The entity will provide nonfederal funds of at least a 1:1 match, although additional funds may also be contributed by nonfederal sources. At least 50 percent of matching funds must be in cash; the balance may be made up of in-kind contributions and indirect costs.
POST ASSISTANCE REQUIREMENTS:
Reports: Quarterly or semi-annual reports to the local SBA office no later than 30 days following the end of the required time period. A final report is due 90 days after the end of the cooperative agreement year.
Account Identification: 73-0100-0-1-376.
In fiscal year 2001, SBDCs reported that they counseled 237,655 individuals and provided 19,634 training sessions to 309,382 people.
REGULATIONS, GUIDELINES, AND LITERATURE:
SBDC Program Announcement, SBDC Policy Guidelines, SBDC Handbook for SBA Project Officers.
Regional or Local Office: For addresses of the field offices, see Appendix IV of the Catalog under the Small Business Administration.
EXAMPLES OF FUNDED PROJECTS:
CRITERIA FOR SELECTING PROPOSALS:
(1) State approval; (2) ability to match funds; and (3) ability to provide technical assistance, training, counseling, and special services.
Low Cost Colleges