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Assistance Listing 11.034

MBDA Capital Readiness Program

COMMERCE, DEPARTMENT OF · Minority Business Development Agency

Assistance Listing 11.034, “MBDA Capital Readiness Program,” is a federal program administered by COMMERCE, DEPARTMENT OF. It provides grant assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 0 closed opportunities under this listing.

Program objective

The Minority Business Development Agency’s (MBDA) Capital Readiness Program (Program) was designed to help close the entrepreneurship gap between socially and economically disadvantaged individuals (SEDI) and non-SEDI. This program funded qualified organizations that had the expertise to provide technical assistance for entrepreneurs starting or scaling their businesses who was seeking various forms of capital.

As published in the SAM.gov Assistance Listing.

Current opportunities under 11.034

No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.

Eligible applicants (program level)

  • Nonprofit Organization
  • Other
  • For-Profit Organization

Eligible applicants are limited to: • Non-profit organizations, • Institutions of higher education, and • Private sector entities (defined as entities that are not public sector entities). This includes, for example, for-profit entities of any type, including sole-proprietorships, partnerships, limited liability companies, and corporations, but does not include public sector entities, such as Federal, State, Local, or Tribal Governments, agencies, or any of their instrumentalities, • A consortium of two or more of any of the above-mentioned eligible applicants. In a consortium application, there must be a designated lead applicant; the lead applicant would enter into the award agreement with MBDA and assume primary operational and financial responsibility for completing the project should an award be made.

Intended beneficiaries: Specific Restrictions Determined at NOFO Level.

Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.

Reported obligations by fiscal year

Historical data · not a prediction
FY24—
FY25—
FY26— est.

Range and average of financial assistance (from the listing): September 1, 2023 - August 31, 2027. Funds up to $2,000,000 to $3,000,000. Funding of $750,000 per year.

Source: SAM.gov Assistance Listing 11.034. Hatched bars are agency estimates. These totals do not indicate approval rates.

Frequently asked questions

What is ALN 11.034?

11.034 is the Assistance Listing Number for “MBDA Capital Readiness Program.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.

Who can apply under ALN 11.034?

The SAM.gov listing names these applicant types: Nonprofit Organization, Other and For-Profit Organization. Each funding notice under the program sets its own eligibility, so check the specific opportunity.