Small Business Administration Grant for Microentrepreneurs Training Program

SBA intends to award a discretionary grant to the National Association of Government

Guaranteed Lenders (NAGGL) for the purpose of providing SBA 7(a) training to non

profit lenders participating in the SBA Community Advantage Pilot Loan Program

(CA).  NAGGL has extensive experience with providing training to lenders on SBA’s 7(a)

loan product in the areas of loan origination, loan servicing and loan liquidation.  This

discretionary grant will serve as a proof of concept to explore the success of regional

training to mission lenders participating in CA.  These training needs have been

identified by SBA’s Office of Credit Risk Management to increase the performance

level of lenders participating in the CA program.  SBA will work closely with NAGGL in

shaping the project as it is implemented and will draw lessons learned from its

implementation and use that insight and experience in deciding whether or not to

continue the initiative in a permanent form, which we would then do via the standard

competitive process for awarding grants.

Eligible organizations (as defined in Section 3.2) may apply to SBA for awards of financial assistance under this Announcement to conduct activities under one, but not more than one, of the following Funding Tracks:

• Track I (Technical Assistance) – seeks applications for funding to provide training and technical assistance programs to disadvantaged entrepreneurs as defined in section 1.2 above.
• Track II (Capacity Building) – seeks applications for funding to provide training and capacity building services to MDOs, microenterprise development programs, and groups of such organizations to assist them in developing microenterprise training and services as defined in section 1.2 above.