Fiscal Year 2022 Broad Agency Announcement - Access to Capital: Innovative Finance

This notice requests applications from qualified organizations for projects addressing historical barriers to capital minority business enterprises (MBEs) face by leveraging non-traditional financial resources.

The projects can utilize technical assistance models, pilot innovative solutions, leverage

credit:


technology, advance research and data, or provide education to non-traditional lenders.

MBDA seeks market solutions to the barriers of access to capital that acknowledge lack of traditional collateral/assets as an impediment for MBEs.

The projects align with the Minority Business Development Agency (MBDA) strategic mission to support the growth and global competitiveness of minority business enterprises (MBEs) and the Administration’s strategic priority to advance racial equity and support underserved communities through the Federal government.Pre-Application Teleconference:
MBDA will conduct a series of pre-application teleconferences on May 16, 23 and 26, 2022 Eastern Time.

The time of the pre-application teleconferences are 2:00pm – 3:00pm Eastern Daylight Time.

Participants must register at least 24 hours in advance of the teleconference.

Please visit the MBDA website at www.mbda.gov for more information.
Related Programs

Minority Business Resource Development

Department of Commerce


Agency: Department of Commerce

Office: Department of Commerce

Estimated Funding: $884,559


Who's Eligible





Obtain Full Opportunity Text:
http://grants.nih.gov/grants/guide/pa-files/PAR-13-032.html

Additional Information of Eligibility:
Eligible applicants include for-profit entities (including but not limited to partnerships, limited liability companies, and corporations), non-profit organizations, institutions of higher education, or commercial organizations.

Government or quasi-governmental organizations are not eligible.

The successful applicant and program partners should have knowledge and experience working in the core areas listed under Program Objectives and should expect to work on behalf of MBEs.

It is also anticipated that the mission of the successful project applicant will align with both the mission of MBDA and the BAA objectives.

Note: Project must be located in the U. S. or any U. S. territory, including Guam, Puerto Rico, and the Virgin Islands.

MBDA is not authorized to provide awards to individuals under this BAA, and applications from individuals will not be considered under this request.

Note: Current Operators of a MBDA Business Center and/or Project are not eligible to apply for this Broad Agency Announcement.

Full Opportunity Web Address:
http://grants.nih.gov/grants/guide/pa-files/PAR-13-032.html

Contact:


Agency Email Description:
Work

Agency Email:


Date Posted:
2022-05-05

Application Due Date:


Archive Date:
2022-07-06


Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.






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