Current Year: Grants: $9,600,000 Loans: $0,000 Other: $0,000 Total: $9,600,000 OBJECTIVES: To provide business development services for a minimal fee to minority firms and individuals interested in entering, expanding or improving their efforts in the marketplace. Minority business development center operators provide a wide range of services to clients, from initial consultations to the identification and resolution of specific business problems. APPLICATION AND AWARD PROCESS: Pre-application Coordination: Pre-award and post award conferences will be scheduled for most MBDA projects. These conferences will be announced in the Federal Register. This program is excluded from coverage under E.O. 12372. Application Procedure: The standard application forms as furnished by the Federal agency and required by 15 CFR Part 24 must be used for this program. This program is subject to the provisions of OMB Circular No. A-l 10. Award Procedure: The application package will advise the applicant where to submit the application. Each application will be reviewed and evaluated by MBDA. Name checks, verification of academic credentials and post-award audits may be required from applicants. Deadlines: Deadlines for formal competitive awards are outlined in the Federal Register and Commerce Business Daily. Range of Approval/Disapproval Time: From 4 to 6 months. Unsuccessful applicants shall be notified in writing at the same
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