closed

2020-21 TAEP Program Announcement

Governor's Office of Business and Economic Development · 2016

Matching funds & resources

Source matching-funds field: Not Required. SB TAEP funds shall not supplant a Center’s local cash match. However, funding from other state programs may be used as local cash match. 17

Matching funds and leveraged resources are different requirements. Read the description and reviewed rules below before determining resource commitments.

About this opportunity

Priorities CalOSBA will prioritize funding for applications that best meet the factors listed in paragraph 1 (Government Code Section 12100-12100.69) and give preference to to applications that propose new or enhanced services to underserved small business owners, including women, people of color and veteran-owned businesses and businesses in low-wealth, rural and disaster-impacted communities included in a state or federal emergency declaration or proclamation. Eligible consulting and training services covered by the Program’s grant funding include: business plans and strategy; capital readiness and fundraising; expansion and revenue growth strategies such as export training, government and private procurement, e-commerce marketplace development and other business development strategies; marketing; management; operations; financial management; cybersecurity; production/manufacturing assistance and increased productivity strategies; innovation and tech transfer; business resilience such as emergency preparedness, disaster economic recovery, succession planning; among other areas. Priority will be given to proposals that fill opportunity gaps for underserved small business owners to help them reach greater parity in revenue creation and job creation including capital readiness, export training and e-commerce, procurement, and other innovative programs that increase revenues and job creation to narrow the gap. Priority will also be given to business resilience programs for underserved small businesses which face increased challenges dealing with disaster recovery from natural, technological/cyber, health/disease, or human induced hazards. Business resilience may also include succession planning and exit strategies. Funding Approximately $17MM is available during the grant period, October 1, 2020 through September 30, 2021. Eligibility At the time of applying for funds, Centers must meet the requirements below. Applicants must submit an active grant, cooperative agreement or contract with a federal funding partner to administer a federal small business technical assistance program in California OR a Letter of Intent/Announcement from a federal funding partner stating the Applicant will administer a federal small business technical assistance program in California no later than October 1, 2020. Applicants must have a fiscal agent that is able to receive nonfederal funds. Applicants must have a plan of action and commitment to fully drawn down all the federal funds in their primary agreement with a federal funding partner during the grant period using local cash match. Applicants must generate and provide documentation of the local cash match required by the federal funding partner. If the applicant is a new federal small business technical assistance center, the applicant must demonstrate the ability to fully draw down substantially all federal funds available to it.

Funding geography: Not specified — review source. A funder’s address does not establish eligibility.

Funding instrument: Grant. Issuing jurisdiction: California. This is not a geographic eligibility determination.