Deadline: 17-Jun-22
The Secretary of the Interior (Secretary), through the Office of Indian Economic Development (OIED), Division of Economic Development (DED), is soliciting proposals from eligible entities for grant funding to establish Indian Business Incubators to serve entrepreneurs with start-up and early-stage businesses who will provide products or services to Tribal reservation communities.
The Indian Business Incubator will deliver a range of business services such as: mentorships, networking, technical assistance, and access to investors. Further, Indian Business Incubators will promote collaboration, address challenges, and provide individually tailored services to overcome the obstacles that are unique to each participating business.
The projects awarded are expected to be for a project period of 36 months, with an option of an additional 36 months. The initial grant award will be for a 12-month budget period. The award continuation beyond each 12-month budget period will be subject to the availability of funds, satisfactory progress on the part of each recipient, and a determination that continued funding would be in the best interest of the Federal government. Neither the Department of the Interior (DOI) nor Indian Affairs will be held responsible for proposal or application preparation costs. Publication of this solicitation does not obligate DOI or Indian Affairs to award any specific grant or to obligate all or any part of available funds.
Funding Information
- Estimated Total Funding: $2,500,000
- Maximum Award: $300,000
- Minimum Award: $100,000
- Expected Number of Awards: 15
OIED anticipates award of approximately 10 to 15 grants under this announcement ranging in value from approximately $100,000 annually throughout the period of performance.
Eligibility Criteria
- Public and State controlled institutions of higher education
- Private institutions of higher education
- Native American tribal organizations (other than Federally recognized tribal governments)
- Native American tribal governments (Federally recognized)
For more information, visit https://www.grants.gov/web/grants/view-opportunity.html?oppId=338864