The PRIME FY 2026 grant is designed to support organizations that help disadvantaged small business owners and microenterprise programs. It offers financial assistance to nonprofits, educational institutions, and tribal organizations to provide guidance and support to these entrepreneurs.
Who it's for: This grant is for private, nonprofit organizations, microenterprise development programs run by state, local, or tribal governments, and Indian tribes. These entities should be interested in supporting disadvantaged small business owners or microenterprise development organizations.
More details
Likely Disqualifiers
- For-profit organizations
- Entities without 501(c)(3) status
- Organizations not involved in microenterprise development
- Lack of cost-sharing or matching funds
- Applications submitted past the deadline
What You May Need
- Proof of 501(c)(3) status
- Detailed project proposal
- Budget plan including cost-sharing details
- Organizational financial statements
- Letters of support or partnership agreements
- Documentation of past microenterprise development work
- Tribal organization documentation (if applicable)
Cautions
- Cost sharing is required, so ensure you have matching funds.
- Strict deadline for application submission.
- Ensure eligibility criteria are fully met before applying.
Generated from official source details for readability
Eligibility
Eligible Applicant Types
Additional Criteria
Eligible applicants include: 1) Nonprofits with 501(c)(3) status, which are tax-exempt organizations recognized by the IRS. 2) Private institutions of higher education, which are colleges or universities not operated by the government. 3) Other Native American tribal organizations, which can include various entities that are recognized as part of a Native American tribe and involved in microenterprise development.
Overview
This grant is for private, nonprofit organizations, microenterprise development programs run by state, local, or tribal governments, and Indian tribes. These entities should be interested in supporting disadvantaged small business owners or microenterprise development organizations.
Likely Disqualifiers
- For-profit organizations
- Entities without 501(c)(3) status
- Organizations not involved in microenterprise development
- Lack of cost-sharing or matching funds
- Applications submitted past the deadline
Use of Funds
Funds can be used to provide assistance and guidance to disadvantaged microentrepreneurs and to support microenterprise development organizations. This could include training, technical assistance, and other supportive services.
Expected Awards
27
Cost Sharing
Required
Important Dates
- Posted
- Jul 7, 2026
- Deadline
- Aug 6, 2026(29 days)
- Archive Date
- Sep 5, 2026
Application Checklist
- Verify 501(c)(3) status or equivalent documentation
- Prepare a comprehensive project proposal
- Create a detailed budget with cost-sharing details
- Gather financial statements and organizational documents
- Collect letters of support from partners
- Compile documentation of previous microenterprise work
- Submit application by August 6, 2026