# MBE Equity Multiplier Project

Source: https://welltoldgrants.com/grants/mbda-obd-2021-2006868-mbe-equity-multiplier-project/  
Official notice: https://www.grants.gov/search-results-detail/333856

> Department of Commerce offered grants of up to $300,000 (at least $300,000) to the applicants described in the notice. It expected to make one award worth $300,000 in total. Applications closed on June 30, 2021.

| Field | Value |
|---|---|
| Opportunity number | MBDA-OBD-2021-2006868 |
| Agency | Department of Commerce |
| Status | Forecast |
| Deadline | June 30, 2021 |
| Award ceiling | $300,000 |
| Award floor | $300,000 |
| Expected awards | 1 |
| Total funding | $300,000 |
| Cost sharing | required |
| Assistance Listings | 11.802 |

## Who can apply

- Others (see text field entitled "Additional Information on Eligibility" for clarification)

For-profit entities (including but not limited to sole-proprietorships, partnerships, limited liability companies, and corporations), non-profit organizations, institutions of higher education, commercial organizations, state and local government entities, Tribal governmental entities, and quasi-government entities.

## What the grant funds

This notice requests applications for programs aligned with the Minority Business Development Agency’s (MBDA) strategic plans and mission goals to service minority business enterprises (MBEs). This notice also provides the public with information and guidelines on how MBDA will select proposals and administer discretionary Federal assistance under this Broad Agency Announcement (BAA).

## Questions people ask

### Is MBDA-OBD-2021-2006868 still open?

No. It closed on June 30, 2021.

### Who can apply for MBE Equity Multiplier Project?

Department of Commerce accepted applications from the applicants described in the notice. The notice adds further conditions, so read its eligibility section.

### What is the deadline for MBE Equity Multiplier Project?

Closed June 30, 2021. Applications are no longer accepted; the program's newer notices are on this page when there are any.

### How much funding is available?

Awards of up to $300,000 each. About $300,000 in total for one award.

### Who has won MBDA Specialty Center Program grants before?

The largest recipients over five fiscal years were Capital Region Minority Supplier Development Council, Inc., National Minority Supplier Development Council Inc, Labstart Innovations Inc. The program made 50 awards worth $49.3 million in that time.