FREE Government Grants: Federal and State

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FREE Government Grants From $500 - $500,000 Are Being Given Away

 

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Support Services, Room 5083, Minority Business Development Agency, Department of Commerce, 14th and Constitution Avenue, NW., Washington, DC 20230. Telephone: (202) 482-6046. Use the same number for FTS. Web Site Address: http://www.mbda.gov. EXAMPLES OF FUNDED PROJECTS: In FY 1999, MBDA uses a variety of delivery mechanisms to deliver services, including the Minority Business Opportunity Committees (MBOCs). MBOC is a program strategy, that is designed to partner MBDA resources with Federal, State, local and quasi governmental entities to create and stimulate business economic opportunities for minority entrepreneurs. As an example of this approach, the Los Angeles MBOC's strategic outreach efforts can account for $1.1 billion in minority contracting, over 21,000 new jobs and will pave the way for future competitive efforts to stimulate growth in a challenged economy. CRITERIA FOR SELECTING PROPOSALS: Competitive awards for resource development program are made based on a panel evaluation of the applications. This evaluation includes such factors as capability and experience of staff assigned to the project; techniques and methodology resources and costs. (Regular Business Loans_7(a) Loans) FEDERAL AGENCY: SMALL BUSINESS ADMINISTRATION AUTHORIZATION: 95 Small Business Act of 1953, Section 7(a), as amended, Public Law 97-35. OBJECTIVES: To provide guaranteed loans to small businesses which are unable to obtain

 

 

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