Prime Technical Assistance

PRIME
CFDA 59.050 Active Grant

Open Opportunities (2)

Live Grants.gov opportunities funded under this program — you can apply now.

Program Funding

Annual program obligations reported to SAM.gov.

Latest annual funding
$6.9M FY2024
$6.9M
FY24

Who has received this funding

Organizations awarded under CFDA 59.050 (USAspending.gov).

Program Objective

To increase the number of microenterprises and to enhance the management capability of microentrepreneurs in starting, expanding and/or growing their business; to provide training and capacity building services to enhance existing Microenterprise Development Organizations (MDOs) and expand the universe of MDOs that provide microenterprise development training programs and services; and to fund research and development of best practices for training and technical assistance consistent with the PRIME Act.

Eligibility

Eligible Applicants

  • Small Business Person

Grant recipients shall be non-profit microenterprise development organizations or programs (or a collaborative thereof) that have a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs, an intermediary, a microenterprise development organization or program that is accountable to a local community, working in conjunction with a State or local government or Indian tribe, or an Indian tribe acting on its' own, if the tribe can certify that no private organization or program referred to in this paragraph exists within its' jurisdiction.

Beneficiaries

  • Small Business Person

Disadvantaged entrepreneurs, microenterprises, and microenterprise development organizations as defined in the Act.

How to Apply

Award Procedure

Successful offerors will be notified of a decision by letter from the Office of Financial Assistance, Microenterprise Development Division.

60 to 90 days.

Program details & compliance

Description

To increase the number of microenterprises and to enhance the management capability of microentrepreneurs in starting, expanding and/or growing their business; to provide training and capacity building services to enhance existing Microenterprise Development Organizations (MDOs) and expand the universe of MDOs that provide microenterprise development training programs and services; and to fund research and development of best practices for training and technical assistance consistent with the PRIME Act.

Mission Categories

Primary: Small Business

Other categories:
Minority Business Enterprise

Use of Funds

Allowed Uses

The recipients of the services provided by the grantees are those persons/businesses who satisfy the eligibility criteria as defined in the Act.

Matching Requirements

Grant recipients must meet matching funds requirement that is 50% of the Federal award amount.

Reporting & Compliance

Audit Required
Yes — Annual
Records Retention
3 years

Applicable 2 CFR 200 Subparts

  • Subpart B — General Provisions
  • Subpart C — Pre-Federal Award Requirements
  • Subpart D — Post-Federal Award Requirements
  • Subpart E — Cost Principles
  • Subpart F — Audit Requirements

Contacts

James Webb — Director
202-710-5133
409 3rd St., SW 8th Floor, Washington, DC, DC 20416
Data from SAM.gov Federal Assistance Listings. Source published: 2026-01-21. Spec v2.0. Last synced: 2026-05-29 05:42:22.