closed
Capital Infusion Program (CIP) 2023-2024
Governor's Office of Business and Economic Development · 34274
See source for award amount
2023-08-03 23:59:00
Confirm exact timezone in the announcement.Nonprofit
Eligibility details
Applications may only be submitted by California SBDC Lead Centers as one consolidated application per SBDC region.
Matching funds & resources
Source matching-funds field: 100%. Awards require a 1:1 match of funds from the U.S. Small Business Administration (SBA).
Matching funds and leveraged resources are different requirements. Read the description and reviewed rules below before determining resource commitments.
About this opportunity
$3 million is provided each year for Small Business Development Centers' local cash match funding. Funding is designated to support SBDC networks to help small businesses in California access capital. Funding is only available to the five small business development center networks in California. This is NOT a grant for small businesses.
Funding geography: Applications may only be submitted by California SBDC Lead Centers as one consolidated application per SBDC region.
Review original source ↗Funding instrument: Grant. Issuing jurisdiction: California. This is not a geographic eligibility determination.
Source fields and evidence
PortalID: 34274
Source ↗ · PortalID
Title: Capital Infusion Program (CIP) 2023-2024
Source ↗ · Title
AgencyDept: Governor's Office of Business and Economic Development
Source ↗ · AgencyDept
Status: closed
Source ↗ · Status
LastUpdated: 2023-10-16 15:57:05
Source ↗ · LastUpdated
Type: Grant
Source ↗ · Type
Categories: Housing, Community and Economic Development
Source ↗ · Categories
ApplicantType: Nonprofit
Source ↗ · ApplicantType
ApplicantTypeNotes: Applications may only be submitted by California SBDC Lead Centers as one consolidated application per SBDC region.
Source ↗ · ApplicantTypeNotes
Geography: Applications may only be submitted by California SBDC Lead Centers as one consolidated application per SBDC region.
Source ↗ · Geography
MatchingFunds: 100%
Source ↗ · MatchingFunds
MatchingFundsNotes: Awards require a 1:1 match of funds from the U.S. Small Business Administration (SBA).
Source ↗ · MatchingFundsNotes
EstAmounts: Dependant on number of submissions received, application process, etc.
Source ↗ · EstAmounts
EstAvailFunds: $3,000,000.00
Source ↗ · EstAvailFunds
ApplicationDeadline: 2023-08-03 23:59:00
Source ↗ · ApplicationDeadline
LOI: No
Source ↗ · LOI
FundingMethod: Reimbursement(s)
Source ↗ · FundingMethod
GrantURL: https://calosba.ca.gov/small-business-and-entrepreneurship-assistance-center-funding-opportunities/
Source ↗ · GrantURL
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