Opportunity Information: Apply for SB OCAML 21 002
The grant opportunity titled MICRO-2021-01 is a discretionary grant program administered by the U.S. Small Business Administration (SBA). It is listed under SBA-OCAML-21-001 in the description, with the related funding opportunity number shown as SB OCAML 21 002. The program falls under the Business and Commerce funding activity category and is associated with CFDA number 59.046, which is typically connected to SBA business development and lending-related support activities.
This opportunity is structured as a grant (not a contract or cooperative agreement) and is aimed specifically at nonprofit organizations. Eligible applicants include nonprofits with IRS-recognized 501(c)(3) status (excluding institutions of higher education) as well as nonprofits without 501(c)(3) status (also excluding institutions of higher education). In practical terms, this points to community-based or mission-driven organizations that provide services aligned with small business support, microenterprise development, lending assistance, technical assistance, or similar activities that fit SBA microloan-related objectives.
The posting was created on March 5, 2021, and the original application deadline was April 5, 2021, indicating a roughly one-month application window. The maximum potential award amount (award ceiling) is listed as $1,500,000, and the program anticipates making about 150 awards. That combination suggests a program designed to distribute funding broadly across many organizations, with the ceiling representing the upper limit rather than the typical award size for every recipient.
Overall, MICRO-2021-01 appears to be an SBA Office of Capital Access program solicitation (OCAML) tied to microenterprise or microlending support, offering grant funding to qualifying nonprofit organizations to help advance SBA small business and commerce goals. The source description provided is brief and does not include project scope details, required activities, match requirements, period of performance, or reporting obligations, so applicants would normally rely on the full notice of funding opportunity package and any related program guidance to understand what projects are fundable and how proposals are evaluated.Apply for SB OCAML 21 002
- The Small Business Administration in the business and commerce sector is offering a public funding opportunity titled "MICRO-2021-01" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 59.046.
- This funding opportunity was created on Mar 05, 2021.
- Applicants must submit their applications by Apr 05, 2021 No Explanation. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $1,500,000.00 in funding.
- The number of recipients for this funding is limited to 150 candidate(s).
- Eligible applicants include: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education, Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education.
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FAQs - MICRO-2021-01 (SBA Discretionary Grant)
What is the grant opportunity called?
The opportunity is titled MICRO-2021-01.
Which federal agency administers this program?
The program is administered by the U.S. Small Business Administration (SBA).
Is this funding a grant, contract, or cooperative agreement?
This opportunity is structured as a grant (not a contract and not a cooperative agreement).
Is this a discretionary grant program?
Yes. MICRO-2021-01 is described as a discretionary grant program.
What funding activity category does this fall under?
The funding activity category is listed as Business and Commerce.
What is the CFDA number associated with this opportunity?
The opportunity is associated with CFDA 59.046, which is typically connected to SBA business development and lending-related support activities.
Who is eligible to apply?
This opportunity is aimed specifically at nonprofit organizations, including:
- Nonprofits with IRS-recognized 501(c)(3) status (excluding institutions of higher education)
- Nonprofits without 501(c)(3) status (excluding institutions of higher education)
Are colleges and universities eligible to apply?
No. The eligibility language explicitly excludes institutions of higher education.
What kinds of nonprofits does this appear to target?
Based on the description, the program appears to target community-based or mission-driven organizations that provide services aligned with small business support, such as microenterprise development, lending assistance, technical assistance, or similar activities tied to SBA microloan-related objectives.
Is this opportunity connected to SBA microloan or microenterprise support?
Yes. The description indicates that MICRO-2021-01 appears tied to microenterprise or microlending support and SBA microloan-related objectives.
What is the related SBA office mentioned for this solicitation?
The description suggests it is an SBA Office of Capital Access program solicitation (OCAML).
What are the opportunity and related reference numbers listed?
Multiple identifiers are referenced in the description:
- Grant title: MICRO-2021-01
- Listed under: SBA-OCAML-21-001
- Related funding opportunity number shown as: SB OCAML 21 002
When was the posting created?
The posting was created on March 5, 2021.
What was the application deadline?
The original application deadline was April 5, 2021.
How long was the application window?
Based on the provided dates (March 5, 2021 to April 5, 2021), the application window was approximately one month.
What is the maximum award amount?
The award ceiling (maximum potential award amount) is listed as $1,500,000.
How many awards does the program anticipate making?
The program anticipates making about 150 awards.
Does the $1,500,000 ceiling mean every award will be $1,500,000?
Not necessarily. The description indicates the ceiling represents an upper limit rather than the typical award size for every recipient, especially given the expectation of around 150 awards.
What project activities are required or allowed?
The provided description does not include project scope details or required activities. It only indicates the program aligns broadly with small business support and microloan-related objectives.
Are cost sharing or match requirements mentioned?
No. The description provided does not state whether a match or cost sharing requirement applies.
Is the period of performance stated?
No. The description provided does not include the period of performance.
Are reporting requirements described?
No. The description provided does not include reporting obligations.
How are applications evaluated?
The description provided does not describe evaluation criteria. It notes that applicants would normally rely on the full notice of funding opportunity package and related guidance to understand how proposals are evaluated.
Where would applicants normally find full program requirements?
The description indicates applicants would typically rely on the full notice of funding opportunity (NOFO) package and any related SBA program guidance to understand fundable projects, requirements, and evaluation factors.
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