The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) made a Broad Agency Announcement (BAA), totaling an estimated $1.8 million in federal grants, for qualified organizations to develop entrepreneurship programs for students at Minority Serving Institutions (MSIs). The grants will be for a two-year term but funded one year at a time.
Deadline: Applications must be submitted to Grants.gov no later than May 25, 2022 at 11:59 PM EST
This Broad Agency Announcement (BAA) requests applications from eligible institutions of higher educations for proposals to develop and implement programs for the education and training of undergraduate students in subjects directly relating to successful entrepreneurship. The proposals must align with the Minority Business Development Agency’s strategic mission goals to support minority business enterprises (MBEs), including building a diverse entrepreneurial pipeline to grow the number of MBEs, and the Administration’s strategic priority to advance racial equity and support for underserved communities through the Federal government.
The funding amount for each award in Fiscal Year 2022 will be approximately $300,711. For the official press release, additional grant details and to register for the Minority Colleges and Universities Pre-Application Conference Series, please visit www.mbda.gov/minority-colleges-and-universities-grant-competition.