PART 119—PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS (“PRIME” OR “THE ACT”)
- 119.1—What is the Program for Investment in Microentrepreneurs (“PRIME” or “the Act”)?
- 119.2—Definitions.
- 119.3—What types of organizations are eligible for PRIME grants?
- 119.4—What services or activities must PRIME grant funds be used for?
- 119.5—How are PRIME grant awards allocated?
- 119.6—What are the minimum and maximum amounts for an award?
- 119.7—How long and in what amounts will grant funding be available to a single grantee?
- 119.8—Are there matching requirements for grantees?
- 119.9—How will a qualified organization apply for PRIME grant awards?
- 119.10—Will SBA give preferential consideration to other SBA program participants?
- 119.11—What information will be requested in an application under the PRIME program?
- 119.12—What criteria will SBA use to evaluate applications for funding under the PRIME program?
- 119.13—How will an applicant make a subgrant?
- 119.14—Are there limitations regarding the use of program income?
- 119.15—If a grantee is unable to spend the entire amount allotted for a single fiscal year, can the funds be carried over to the next year?
- 119.16—What are the reporting, record keeping, and related requirements for grantees?
- 119.17—What types of oversight will SBA provide to grantees?
- 119.18—What are the restrictions against lobbying?
- 119.19—Is fundraising an allowable expense under the PRIME program?
- 119.20—Should grantees and subgrantees raise conflict of interest matters with SBA?