The Reporter (Lansdale, PA)

SBA accepting ‘Navigator’ applicatio­ns

Grant program will strengthen outreach to businesses in underserve­d areas

- By MediaNews Group

The $100 million grant program was enacted through the American Rescue Plan Act.

WASHINGTON, D.C. >> The U.S. Small Business Administra­tion has begun accepting applicatio­ns for its new Community Navigator Pilot Program.

The $100 million grant program was enacted through the American Rescue Plan Act. It will provide counseling, networking and assistance to the nation’s smallest businesses, and will have a priority focus on businesses owned by socially and economical­ly disadvanta­ged individual­s, as well as women and veterans.

The Small Business Administra­tion is accepting applicatio­ns through July 12, and anticipate­s making award decisions by August 2021.

Isabella Casillas Guzman, administra­tor of the Small Business Administra­tion said the program is a “crucial addition” the agency’s programs, because it helps connect with small businesses that have been historical­ly left behind.

“These businesses — the smallest of the small in rural and urban America, and those owned by women, people of color, or veterans — have suffered the greatest economic loss from this pandemic,” she said in a statement. “We’ll be using a hub and spoke model in local regions across the nation to bridge the gap between local entreprene­urs and SBA’s resources and programs. If we’re going to build back better, we need to ensure that all entreprene­urs have the support they need to recover.”

The Community Navigator Notice of Funding Opportunit­y is open to applicatio­ns from nonprofit organizati­ons, state, local, and tribal government­s, Small Business Administra­tion resource partners, and other organizati­ons. Selected partners will engage in targeted outreach for small businesses in underserve­d communitie­s to help small businesses get the resources and support they need to get back on track as the economy continues to recover from the COVID-19 pandemic.

Competitiv­e grant awards will range from $1 million to $5 million for a two-year performanc­e period.

“Our small business owners — especially those owned by socially and economical­ly disadvanta­ged individual­s, people of color, women, veterans, and Native

Americans — they need us the most, and they need us now,” Mark Madrid, Small Business Administra­tion associate administra­tor for the Office for Entreprene­urial Developmen­t, said in a statement. “This initiative underscore­s our agency’s commitment to connecting distressed small business resources with SBA resources and grant funding.”

“The SBA understand­s the importance of partnering with organizati­ons as well as smaller, local institutio­ns that are already embedded in the fabric of the Main Street business communitie­s they serve,” said Natalie Madeira Cofield, assistant administra­tor for the Office of Women’s Business Ownership, said in a statement. “Community Navigators are the backbone of aiding underserve­d and underrepre­sented communitie­s across the nation with recovery.”

Key in the initiative are partners and people in the community, serving as a two-way informatio­n stream, enabling enterprisi­ng business owners to receive the help needed from the Small Business Administra­tion, according to a press release.

“Serving as the foundation of America’s economy, these underserve­d businesses have areas of concern that need to be addressed,” the release stated.

Applicants have until July 12, 2021, to submit their applicatio­ns at grants.gov. Performanc­e periods are projected to commence in September 2021. Those eligible to apply must meet and demonstrat­e abilities to support the requiremen­ts of this funding opportunit­y.

For more informatio­n on the Community Navigators Initiative, please visit www.sba.gov/ navigators.

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