U.S. Department of Commerce - Minority Business Development Agency (MBDA)
06/03/22 11:59 PM EST
Cooperative agreements to USA and territories IHEs serving BIPOC undergraduate students to support instruction related to business development and product commercialization. Applicants are advised that required registrations may take several weeks to finalize. The purpose of the program is to encourage entrepreneurship, innovation, and general economic development among Black, Hispanic, Native American, Alaska Native, and Native Hawaiian students. Funds may be used to develop curricula, seminars, pilot courses, and other activities, as well as replicable products and tools.
The Minority Business Development Agency (MBDA), a bureau of the U.S. Department of Commerce, has developed a program to support entrepreneurship for undergraduate students at eligible institutions of higher education: Through this BAA, MBDA will provide funding for entrepreneurship programs, including curricula, courses, seminars, and replicable products and tools, that teach students how to develop businesses and commercialize products and services in the domestic and global marketplace. The curricula should be designed to stimulate and accelerate entrepreneurial skill sets in support of the development of minority business enterprises. Through this BAA, MBDA envisions supporting entrepreneurship education and development.
Performance Measures and Goals can be found in the NOFO. See Attached Files, below, page 4.
GrantWatch ID#: 197574
Expected Number of Awards: 6
The funding amount for each award in FY 2022 will be approximately $300,711.
MBDA anticipates that up to $1,804,266 will be available in FY 2023 to support continuation funding for the second budget period of those selected projects.
MBDA expects to issue awards for a total term of two years from October 1, 2022 – September 30, 2024.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Prospective applicants may contact:
Ms. Nakita Chambers
MBDA Program Manager
U.S. Department of Commerce
For technical support, please contact:
Grants.gov Contact Project
Minority Business Development Agency
1401 Constitution Ave NW
Washington, DC 20230
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