[Federal Register Volume 64, Number 242 (Friday, December 17, 1999)]
[Notices]
[Pages 70754-70755]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-32690]


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SMALL BUSINESS ADMINISTRATION


Federal Assistance for Women's Business Center (WBC) Program To 
Provide Financial Counseling and Other Management and Technical 
Assistance to Women

AGENCY: Small Business Administration.

ACTION: Program Announcement No. OWBO-2000-013.

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SUMMARY: The Small Business Administration (SBA) plans to issue program 
announcement No. OWBO-2000-013 to invite applications from eligible 
nonprofit organizations to conduct Women's Business Center projects. 
The authorizing legislation is the Small Business Act, sections 2(h) 
and 29, 15 U.S.C. 631(h) and 656. SBA Headquarters must receive 
applications/proposals by 4 p.m., Eastern Standard Time, on the closing 
date of the application period. SBA will select successful applicants 
using a competitive process. The successful applicants will receive an 
award to provide long term training and other technical assistance to 
women who want to start or expand businesses.
    Service and assistance areas must include financial, management, 
marketing, loan packaging, eCommerce and government procurement/
certification assistance. Applicants must plan to include women who are 
socially and economically disadvantaged in the target group. The 
applicant may propose specialized services that will assist women in 
Empowerment Zones, women who are veterans, women with disabilities, 
women who have home-based businesses, women in agribusiness, or women 
in rural or urban areas. SBA will require award recipients to provide 
content and support to the SBA-funded Online Women's Business Center, 
(www.onlinewbc,org) and provide training on the business uses of the 
Internet.
    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; and one non-Federal dollar for each Federal dollar in years 3, 4 
and 5. Up to one-half of the non-Federal matching funds may be in the 
form of in-kind contributions.


[[Page 70755]]


DATES: The application period will be from late December 1999 to late 
February 2000.

FOR FURTHER INFORMATION CONTACT: Sally Murrell, (202) 205-6673 or Mina 
Wales (202) 205-7080.
Sherrye P. Henry,
Assistant Administrator, SBA/Office of Women's Business Ownership.
[FR Doc. 99-32690 Filed 12-16-99; 8:45 am]
BILLING CODE 8025-01-P