Opportunity Information: Apply for MBDA OBD 2021 2006868
The MBE Equity Multiplier Project (Funding Opportunity Number MBDA OBD 2021 2006868) is a discretionary federal funding opportunity from the U.S. Department of Commerce, administered through the Minority Business Development Agency (MBDA). It is structured as a cooperative agreement, meaning the selected recipient should expect an active partnership with the federal agency during the project period rather than a hands-off grant arrangement. The purpose of the opportunity is to fund a program that directly supports minority business enterprises (MBEs) and aligns clearly with MBDA's strategic plans and mission goals. In practical terms, applicants are expected to propose work that strengthens the capacity, competitiveness, and growth prospects of MBEs, especially in ways that connect to equity and capital access outcomes suggested by the project title.
MBDA released this opportunity under a Broad Agency Announcement (BAA), which signals that the agency is looking for proposals that fit within defined mission needs while allowing applicants flexibility in how they design solutions. The notice emphasizes that it is not just a call for ideas, but also a public guide explaining how MBDA will evaluate submissions and how it will administer the federal assistance if an award is made. The activity category is listed as "Environment, Natural Resources, Science and Technology and other Research and Development," which suggests that proposed projects may involve research, innovation, technical approaches, or program models that can be evaluated and potentially replicated, even though the core beneficiary focus remains MBEs.
The funding cap (award ceiling) is $300,000, and MBDA anticipated making one award, indicating a competitive selection where only a single applicant would be chosen to carry out the project at the stated scale. The opportunity was created on May 27, 2021, with an original application deadline of June 30, 2021. The CFDA number associated with the program is 11.802, which is commonly used to track MBDA assistance programs.
Eligibility is broadly described as "Others," with the notice pointing applicants to an additional eligibility section for precise definitions and any restrictions, so it is not limited solely to state or local governments. This category often implies that a range of organizations could be eligible, potentially including nonprofits, educational institutions, economic development organizations, and other qualified entities, depending on the detailed eligibility language in the full announcement.
Overall, this opportunity is best understood as a targeted, single-award MBDA project intended to multiply equity-related outcomes for minority-owned firms through a structured program aligned with MBDA strategy, carried out in collaboration with the agency, and delivered within a maximum federal funding level of $300,000.Apply for MBDA OBD 2021 2006868
- The Department of Commerce in the environment, natural resources, science and technology and other research and development sector is offering a public funding opportunity titled "MBE Equity Multiplier Project" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 11.802.
- This funding opportunity was created on May 27, 2021.
- Applicants must submit their applications by Jun 30, 2021. (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 $300,000.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
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MBE Equity Multiplier Project (MBDA OBD 2021 2006868) - Frequently Asked Questions
What is the MBE Equity Multiplier Project?
The MBE Equity Multiplier Project is a discretionary federal funding opportunity from the U.S. Department of Commerce, administered by the Minority Business Development Agency (MBDA). Its purpose is to fund a program that directly supports minority business enterprises (MBEs) and aligns with MBDA's strategic plans and mission goals.
What is the Funding Opportunity Number for this program?
The Funding Opportunity Number (FON) is MBDA OBD 2021 2006868.
Which federal agency is offering and administering this opportunity?
The opportunity is offered by the U.S. Department of Commerce and administered through the Minority Business Development Agency (MBDA).
What type of federal award is this?
This opportunity is structured as a cooperative agreement. That means the recipient should expect an active partnership with the federal agency during the project period, rather than a hands-off grant arrangement.
What does it mean that this is a cooperative agreement?
A cooperative agreement indicates that MBDA expects to be actively involved with the recipient during the project, as opposed to providing funding with minimal federal engagement. Applicants should plan for ongoing coordination with the agency if selected.
What is the main purpose of the project?
The main purpose is to fund a program that strengthens the capacity, competitiveness, and growth prospects of minority business enterprises (MBEs) in ways that align clearly with MBDA's mission and strategic plans.
Who is intended to benefit from the funded program?
The core beneficiaries are minority business enterprises (MBEs). Proposed activities should directly support MBEs and be connected to MBDA's mission goals.
Does the project have an equity or capital access focus?
Yes. The project title references an "Equity Multiplier," and the opportunity description suggests applicants are expected to propose work that connects to equity and capital access outcomes for minority-owned firms.
Was this opportunity released as a Broad Agency Announcement (BAA)?
Yes. MBDA released this opportunity under a Broad Agency Announcement (BAA).
What does it mean that this funding opportunity is a BAA?
A BAA signals that MBDA is seeking proposals that address defined mission needs, while giving applicants flexibility in how they design solutions. It is also described as a guide explaining how MBDA will evaluate submissions and administer federal assistance if an award is made.
What activity category is listed for this opportunity?
The activity category is listed as "Environment, Natural Resources, Science and Technology and other Research and Development."
Does the activity category mean the project must be environmental or scientific?
The listing suggests proposed projects may involve research, innovation, technical approaches, or program models that can be evaluated and potentially replicated. However, the described beneficiary focus remains minority business enterprises (MBEs).
How much funding is available?
The award ceiling (funding cap) is $300,000.
Is there an award ceiling for individual projects?
Yes. The award ceiling is $300,000, meaning the federal funding level for the award is capped at that amount.
How many awards did MBDA anticipate making?
MBDA anticipated making one award.
What does it mean that only one award was anticipated?
It indicates a competitive selection in which only a single applicant would be chosen to carry out the project at the stated scale and funding level.
When was the opportunity created?
The opportunity was created on May 27, 2021.
What was the original application deadline?
The original application deadline was June 30, 2021.
What is the CFDA number associated with this program?
The CFDA number associated with the program is 11.802.
What does the CFDA number 11.802 indicate?
It is an identifier used to track MBDA assistance programs. For this opportunity, the CFDA number listed is 11.802.
Who is eligible to apply?
Eligibility is broadly described as "Others," and the notice directs applicants to an additional eligibility section for precise definitions and any restrictions.
Does "Others" mean the opportunity is limited to governments only?
No. The eligibility label "Others" suggests it is not limited solely to state or local governments. The exact eligible applicant types and any restrictions would be defined in the detailed eligibility language referenced in the announcement.
What kinds of organizations might fall under the "Others" eligibility category?
Based on how "Others" is commonly used, it may allow a range of organizations to apply, potentially including nonprofits, educational institutions, economic development organizations, and other qualified entities, depending on the full eligibility section.
What should applicants focus on in their proposals?
Applicants are expected to propose work that directly supports MBEs and aligns with MBDA strategy, with an emphasis on strengthening MBE capacity, competitiveness, and growth prospects, and with connections to equity and capital access outcomes suggested by the project title.
Is this opportunity more about ideas or about implementable programs?
The notice emphasizes that it is not just a call for ideas. It also serves as a public guide describing how MBDA will evaluate submissions and how it will administer the federal assistance if an award is made.
What is the overall intent of this funding opportunity?
Overall, it is a targeted, single-award MBDA project intended to multiply equity-related outcomes for minority-owned firms through a structured program aligned with MBDA strategy, carried out in collaboration with the agency, and delivered within a maximum federal funding level of $300,000.
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| Fiscal Year 2021 Broad Agency Announcement: Minority Colleges and Universities Apply for MBDA OBD 2021 2006874 Funding Number: MBDA OBD 2021 2006874 Agency: Department of Commerce Category: Environment, Natural Resources, Science and Technology and other Research and Development Funding Amount: $300,000 |
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| Harmful Algal Bloom Control Technologies Incubator Apply for NOAA NOS NCCOS 2022 2007023 Funding Number: NOAA NOS NCCOS 2022 2007023 Agency: Department of Commerce Category: Environment, Natural Resources, Science and Technology and other Research and Development Funding Amount: $1,500,000 |
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| Climate Program Office (CPO), Regional Integrated Science and Assessments (RISA) FY2022 Apply for NOAA OAR CPO 2022 2007019 Funding Number: NOAA OAR CPO 2022 2007019 Agency: Department of Commerce Category: Environment, Natural Resources, Science and Technology and other Research and Development Funding Amount: $1,180,000 |
| FY 2022 US Marine Life Observations: Coordinated Marine Biodiversity Observation Network (MBON) and Animal Telemetry Network (ATN) Activities to Ensure Resilient, Productive Ecosystems and Human Communities in the Face of Change Apply for NOAA NOS IOOS 2022 2007005 Funding Number: NOAA NOS IOOS 2022 2007005 Agency: Department of Commerce Category: Environment, Natural Resources, Science and Technology and other Research and Development Funding Amount: $2,500,000 |
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