The PRIME grant is designed to help small businesses and organizations that support them. It provides funding for training and technical assistance to disadvantaged entrepreneurs, helps microenterprise development organizations grow, and supports research into best practices for helping small businesses.
Who it's for: This grant is mainly for nonprofit organizations with a 501(c)(3) status, Native American tribal organizations, and other groups that can support small businesses and entrepreneurs who face challenges.
More details
Likely Disqualifiers
- For-profit organizations
- Non-501(c)(3) nonprofits
- Individuals
- Lack of cost-sharing/matching funds
- Applications submitted after the deadline
What You May Need
- Proof of 501(c)(3) status
- Detailed project proposal
- Budget plan including cost-sharing
- Organizational financial statements
- List of board members and key staff
- Documentation of past performance in similar projects
- Research plan if applicable
- Partnership agreements if collaborating with other entities
Cautions
- Cost-sharing is required, so plan your budget accordingly.
- Ensure your organization fits the eligible types before applying.
- Late applications will not be considered.
Generated from official source details for readability
Eligibility
Eligible Applicant Types
Additional Criteria
Eligible applicants include nonprofit organizations with a 501(c)(3) status, which are tax-exempt under the Internal Revenue Code, Native American tribal organizations, and other entities that can support small businesses and entrepreneurs. The grant is open to organizations that can provide training, technical assistance, and capacity building to disadvantaged entrepreneurs and microenterprise development organizations.
Overview
This grant is mainly for nonprofit organizations with a 501(c)(3) status, Native American tribal organizations, and other groups that can support small businesses and entrepreneurs who face challenges.
Likely Disqualifiers
- For-profit organizations
- Non-501(c)(3) nonprofits
- Individuals
- Lack of cost-sharing/matching funds
- Applications submitted after the deadline
Use of Funds
The funds can be used for providing training and technical assistance to disadvantaged entrepreneurs, building the capacity of organizations that support small businesses, and researching best practices for these activities.
Cost Sharing
Required
Important Dates
- Posted
- Jul 15, 2026
- Deadline
- Aug 12, 2026(27 days)
- Archive Date
- Sep 11, 2026
Application Checklist
- Verify 501(c)(3) status or eligibility as a Native American tribal organization
- Prepare a comprehensive project proposal
- Develop a detailed budget including cost-sharing details
- Gather financial statements and organizational documents
- Compile a list of board members and key staff
- Draft a research plan if applicable
- Secure partnership agreements if collaborating