Small Business Administration's Portable Assistance Program
Page 2

In addition, the SBA plans to administer five awards to different applicants with each award amounting to $80,000; bringing the total funding budget to $400,937.

In order to be eligible to submit an application under the Portable Assistance Program, you will have to:

1) Be an accredited Small Business Disaster Center

2) Be funded as a Lead Center of the Small Business Administration

3) Have experienced any form of major disaster in the Land Center's area of service upon the date of submission of applications.

However, the SBA will refuse to accept applications that are coming from:

1) Any that is organization not a currently funded and not an accredited SBDC Lead Center

2) Any organization that is currently having an outstanding, unresolved financial issue with any federal agency

3) Any organization that is presently suspended or prohibited from receiving grants and other forms of financial assistance from the federal government.

4) Any organization with a grant or cooperative agreement that was involuntarily terminated or non-renewed by SBA

5) Any organization that has filed for bankruptcy within the past five years;

6) Any organization with at least one significantly non-compliant condition within SBA program guidelines while implementing or administering any SBA program, current or past.

Small Business Administration's Portable Assistance Program
  Back to Page 1

About The Author The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs. The staff also provides resources to other Websites with information on children grants and education grant money.

Additional Resources

category - Small Business Grants

Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.

---

Community Development Credit Unions
A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.

---

Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.

---

Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.

---