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2020-21 CIP Program Announcement

Governor's Office of Business and Economic Development · 2022

Eligibility details

Federally contracted Small Business Administration (SBA) Small Business Development Centers (SBDCs) in California

Matching funds & resources

Source matching-funds field: 100%. Awards require a 1:1 match of SBA funds. For each grantee, the spenddown of the GO-Biz grant and SBA funds must reflect a cumulative 1:1 ratio at the end of the second quarter (mid-year) and the fourth quarter (year-end).

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

About this opportunity

This grant announcement (Announcement) is to invite proposals from a Small Business Development Center (SBDC) Network Lead Center in the State of California to assist small businesses and entrepreneurs to obtain access to capital to fund business consulting services. Applications from Lead Centers should include subcenter funding proposals and be submitted as one consolidated application per SBDC region. Only applications that are submitted by SBDC Lead Centers will be considered for funding. SBDC grantees should leverage their state funding to draw down SBA funds and work in conjunction with other resource partners such as CA iHub partners, SCORE, Women’s Business Centers, Veteran Business Outreach Centers, Procurement Technical Assistance Centers, minority business programs and institutions of higher educations, private organizations, chambers of commerce, trade and industry groups and associations that are committed to the growth and success of small business.

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.