The purpose of this FOA is to provide funding for two private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs, within the State of South Carolina, by starting a new community-based WBC.Eligible
credit:
applicants must be private, non-profit organizations with 501(c)- tax exempt status from the U.
S.
Treasury/Internal Revenue Service and must provide services to the State of South Carolina.
Note:
Public non-profit organizations and for-profit businesses are not eligible for these awards.
Public non-profits are organizations, such as churches, schools, and hospitals that generally provide charitable services directly to the public, that are funded in large part by public donations and have many outside, unaffiliated directors.
An organization that is operating or has operated an SBA-funded WBC within the past five years, if selected, will be awarded as a Renewal Phase Project.
Likewise, an organization that previously operated an SBA-funded WBC that is no longer operating, if eligible to apply and selected, will also be awarded as a Renewal Phase Project since this application will be treated as an effort to re-establish the WBC.