[Federal Register Volume 63, Number 223 (Thursday, November 19, 1998)]
[Notices]
[Page 64308]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-30910]


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SMALL BUSINESS ADMINISTRATION


Federal Assistance To Provide Financial Counseling and Other 
Technical Assistance to Women

AGENCY: Small Business Administration.

ACTION: Program Announcement No. OWBO-99-012.

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SUMMARY: The Small Business Administration (SBA) plans to issue program 
announcement No. OWBO-99-012 to invite applications from private, not-
for-profit organizations to conduct Women's Business Center projects. 
The authorizing legislation is the Small Business Act, Section 29, 15 
U.S.C. Section 656, as amended by Pubic Law 105-277, 111 Stat. 2592. 
SBA Headquarters must receive applications/proposals by the date and 
time that will be specified in the program announcement. SBA will 
select successful applicants by a competitive process. The successful 
applicants will receive an award to provide long term training and 
counseling to women who want to start or expand businesses. Service and 
assistance areas must include financial, management, marketing and 
government procurement/certification assistance. Applicants must 
include a plan to target women who are socially and economically 
disadvantaged. The applicant may propose specialized services that will 
assist women who are veterans, disabled, rural, home-based, etc. SBA 
will require award recipients to provide services locally and on the 
Internet via the SBA-funded Online Women's Business Center, 
www.onlinewbc,org. Each applicant must submit a five-year plan that 
describes proposed fund-raising, training and technical assistance 
activities. A center may receive financial assistance up to five years, 
however, the award will be issued annually to conduct a 12-month 
project. Award recipients must provide non-Federal matching funds as 
follows: one non-Federal dollar for each two Federal dollars in years 1 
and 2; one non-Federal dollar for each Federal dollar in years 3 and 4; 
and 2 non-Federal dollars for each Federal dollar in year 5. Up to one-
half of the non-Federal matching funds may be in the form of in-kind 
contributions.

DATES: SBA will mail program announcements to interested parties 
between late November and early December 1998. The approximate opening 
date will be late November 1998 and the approximate closing date will 
be late January 1999.

FOR FURTHER INFORMATION CONTACT: Sally Murrell, (202) 205-6673 or Mina 
Wales (202) 205-6621.
Sherrye P. Henry,
Assistant Administrator, SBA/Office of Women's Business Ownership.
[FR Doc. 98-30910 Filed 11-18-98; 8:45 am]
BILLING CODE 8025-01-P