private sector entities which have the greatest potential for developing access to capital, market, and other opportunities on behalf of minority business. The performance of each funded recipient is evaluated on a scheduled basis. Renewals are based on Agency priorities and performance of recipients. ELIGIBILITY REQUIREMENTS: Applicant Eligibility: Applicants for this program are established businesses, professional organizations, individuals, trade associations and chambers of commerce. Beneficiary Eligibility: Beneficiaries of this program are minority business persons/firms. Credentials/Documentation: Costs will be determined in accordance with OMB Circular No. A-87 for awards to State, local and Federally Recognized Indian Tribal Governments; OMB Circular No. A-122 for other recipients. APPLICATION AND AWARD PROCESS: Preapplication Coordination: A preapplication conference may be scheduled for resource development projects. 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 Department of Commerce must be used for this program. Recipients are subject to the administrative requirements contained in 15 CFR Part 14. Award Procedure: The application package will advise the applicant where to submit the application. Each application will be reviewed and evaluated
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