SBA seeking grant proposals

7/11/2014, 6 a.m.

The Small Business Administration is seeking proposals for up to $1.5 million in grant funding to help small disadvantaged businesses in its 8(a) Business Development Program.

For-profit and nonprofit service providers like universities, trade and professional associations, firms, and other organizations can propose special projects to promote the development, success and long-term survival of small disadvantaged businesses.

The SBA expects to award six to 10 grants of $150,000 to $250,000. Up to two awards may be made to small businesses.

The applications deadline is July 20. The awards will be issued by Sept. 30.

Specifically, the SBA is seeking unique and innovative projects to provide specialized training, executive education, and tools to promote business development of eligible firms. However, grants cannot be used by small businesses themselves as a source of funding to grow or otherwise expand their individual enterprises.

A. John Shoraka, associate administrator for government contracting and business development, said the SBA is seeking to broaden and deepen entrepreneurial education and counseling resources for small businesses.

“This initiative is directly linked to that goal,” he said. “The services we are now looking for will increase opportunities for potentially high-growth small businesses, especially small firms that do business with the government.”

For more information, visit www.Grants.gov and search keyword GCBD-7J-2014-01