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Program for Investors in Microentrepeneurs (PRIME) is sponsored by U.S. Small Business Administration (SBA). PRIME is a competitive grant that provides funding for nonprofit microenterprise development organizations to help them offer capacity-building to other microenterprise development organizations or provide training, technical assistance, and guidance to disadvantaged microentrepreneurs.
Faith-based organizations that meet eligibility criteria can compete for PRIME funding.
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# Program for Investors in Microentrepreneurs (PRIME) | U.S. Small Business Administration A **. gov** website belongs to an official government organization in the United States.
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Program for Investors in Microentrepreneurs (PRIME) # Program for Investors in Microentrepreneurs (PRIME) A funding opportunity for organizations to provide assistance to disadvantaged microentrepreneurs ## About this document and download This grant will provide funding for private, nonprofit microenterprise development organizations; microenterprise development programs run by State/Local/Tribal Governments; or Indian tribes interested in providing assistance and guidance to disadvantaged microentrepreneurs and/or microenterprise development organizations.
**Owned by**: Office of Financial Assistance **Related Programs**: Related programs: Grants Last updated February 7, 2025 * Freedom of Information Act * Fraud and identity theft Receive information about upcoming SBA events, news alerts, and program updates. * indicates a required field **U.S. Small Business Administration**
Based on current listing details, eligibility includes: Nonprofit microenterprise development organizations run either privately, or by state, local, tribal governments, or Indian tribes. Faith-based organizations that meet all PRIME eligibility criteria can compete for PRIME funding. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Not specified Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is August 1, 2025. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
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