The U.S. Small Business Administration (SBA) Program for Investment in Microentrepreneurs (PRIME) provides training and capacity building grant programs to microenterprise development organizations. 

In FY 2019, PRIME has two tracks for which SBA will consider granting awards: 

Track 1 (Technical Assistance) – seeks applications for funding to provide training and technical assistance programs to disadvantaged entrepreneurs. Examples include training specifically designed to: (1) provides training and technical assistance to economically disadvantaged entrepreneurs in rural areas; and (2) training and technical assistance to support entrepreneurship in Hub Zones. 

Track 2 (Capacity Building) – seeks applications for funding to provide training and capacity building services to microenterprise development organizations, microenterprise development programs, and groups of such organizations to assist them in developing microenterprise training and services. Examples include services geared towards building microenterprise development organizations capacity to provide business training and technical assistance to: (1) provides training and technical assistance to economically disadvantaged entrepreneurs in rural areas; and (2) training and technical assistance to support entrepreneurship in Hub Zones. 

The deadline to apply is June 10, 2019. 

Learn more in the program announcement here. 

 

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