Federal Assistance for Women's Business Centers (WBC) To Provide Financial Counseling and Other Technical Assistance to Women

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The U.S. Small Business Administration (SBA) plans to issue program announcement No. OWBO-2002-018 to invite applications from eligible nonprofit organizations to conduct Women's Business Center (WBC) projects. The successful applicant will receive a cooperative agreement to provide counseling, training and other technical assistance to women who want to start or expand businesses. The authorizing legislation is the Small Business Act, Secs. 2(h) and 29, 15 U.S.C. 631(h) and 656. Approximately three (3) grants will be awarded. A Women's Business Center is a 5-year community-based project that is funded by the U.S. Small Business Administration through a matching grant. The project is a planned scope of activities that provide business skills services targeted to women. The project must operate as a distinct unit of the recipient's organization having its own budget for facilities, equipment and resources to carry out project activities. The WBC services must include long-term training and counseling pertaining to financial, management and marketing assistance to benefit small business concerns owned and controlled by women. SBA Headquarters must receive applications/proposals by 4: