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MBDA Rural Business Center Program

This program provides funding to higher education institutions to establish Rural Business Centers that assist minority-owned businesses in underserved rural areas with technical support, access to capital, and entrepreneurial development.

$3,000,000
Closed
Nationwide
Grant Description

The MBDA Rural Business Center Program is administered by the Minority Business Development Agency (MBDA), an agency within the U.S. Department of Commerce. MBDA’s mission is to promote the growth and global competitiveness of minority business enterprises, and this program extends that mission specifically to rural areas. Through this Notice of Funding Opportunity, MBDA seeks to establish and support Rural Business Centers that will provide structured assistance to minority-owned businesses operating in underserved rural regions across the United States. The primary purpose of the program is to deliver technical assistance, capacity building, and entrepreneurial development services to rural business enterprises at all stages of development, from initial ideation through growth and maturity. Funded centers are expected to offer services that help businesses access capital, create jobs, expand operations, and improve long-term sustainability. The program emphasizes measurable outcomes such as job creation, business formation, and increased access to financing, aligning with MBDA’s broader economic development goals. Funding under this opportunity will be provided through cooperative agreements, reflecting a collaborative relationship between MBDA and award recipients. The agency anticipates distributing approximately $14.5 million across an estimated five to seven awards. Individual awards are expected to range from approximately $2,250,000 to $3,000,000 over a three-year period of performance. Recipients must provide a cost share or match equal to 20 percent of the federal funding amount, demonstrating institutional commitment and leveraging additional resources to support program objectives. Eligibility for this program is restricted to institutions of higher education as defined under section 371(a) of the Higher Education Act of 1965. This includes both public and private institutions that meet statutory requirements. Consortia of such institutions are also eligible to apply, provided that a lead institution assumes primary responsibility for the award. Individuals are explicitly excluded from eligibility. Applicants must demonstrate the capacity to operate a Rural Business Center, including experience in delivering business assistance services and managing federal funding. Applications must be submitted electronically through Grants.gov by the stated deadline. The submission process requires applicants to prepare a complete proposal that includes a project description, organizational capability statements, and detailed plans for achieving program outcomes. Applications are evaluated through a merit review process conducted by a panel of qualified reviewers. Evaluation criteria include the quality of the project description, the capability of the applicant organization, and the strength of proposed objectives, metrics, and implementation strategies, with a total possible score of 100 points. MBDA encourages prospective applicants to participate in pre-application technical assistance webinars designed to clarify program requirements and improve application quality. While these sessions are optional, they provide valuable insight into program priorities, evaluation criteria, and submission expectations. The application window opens upon publication of the notice and closes on June 29, 2026, at 11:59 p.m. Eastern Time. Applicants are advised to submit early to allow time to resolve any submission errors. Following submission, applications undergo review and selection, after which successful applicants will be notified of award decisions. The program is not explicitly described as recurring, but it aligns with MBDA’s ongoing portfolio of business center programs, suggesting the possibility of future funding cycles. Awardees will be responsible for implementing their projects over the three-year performance period, reporting outcomes, and participating in MBDA’s evaluation and data collection processes.

Funding Details

Award Range

$2,250,000 - $3,000,000

Total Program Funding

$14,500,000

Number of Awards

7

Matching Requirement

Yes - 0.2

Additional Details

Approximately $2,250,000 to $3,000,000 per award over a 3-year period of performance; cooperative agreement structure; total program funding approximately $14.5M

Eligibility

Eligible Applicants

Public and State controlled institutions of higher education
Private institutions of higher education

Additional Requirements

Eligibility is limited to institutions of higher education as defined under section 371(a) of the Higher Education Act of 1965 including both public and private institutions. Consortia are permitted provided a lead eligible institution assumes full responsibility for the award. Individuals are not eligible. Applicants must demonstrate the capacity to operate a Rural Business Center and deliver business assistance services to rural minority enterprises.

Geographic Eligibility

All

Expert Tips

Emphasize measurable outcomes such as jobs created and capital accessed; clearly justify rural service area; demonstrate strong institutional capacity and partnerships

Key Dates

Application Opens

May 29, 2026

Application Closes

June 29, 2026

Contact Information

Grantor

U.S. Department of Commerce (DOC NOAA - ERA Production)

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Categories
Business and Commerce
Capacity Building
Workforce Development
Community Development

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