This U.S. Small Business Administration (SBA) grant aims to enhance cybersecurity defenses for new small businesses during their vulnerable formative years. Cybercriminals increasingly target small enterprises due to their valuable data and limited security infrastructure, leading to significant losses. Many small business owners feel exposed but struggle to afford professional IT solutions or lack expertise. Authorized by recent Consolidated Appropriations Acts, the SBA is offering grants to States to implement projects providing crucial tools and resources. This initiative seeks to equip new small businesses to combat escalating cyber threats, protecting them from financial losses and operational disruptions prevalent in today’s digital landscape.
Opportunity ID: 355250
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | SB-OEDCS-24-001 |
| Funding Opportunity Title: | Cybersecurity for Small Business Pilot Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Business and Commerce Community Development Consumer Protection |
| Category Explanation: | – |
| Expected Number of Awards: | 3 |
| Assistance Listings: | 59.079 — Cybersecurity for Small Business Pilot Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | Jul 02, 2024 |
| Last Updated Date: | Jul 02, 2024 |
| Original Closing Date for Applications: | Aug 02, 2024 No Explanation |
| Current Closing Date for Applications: | Aug 02, 2024 No Explanation |
| Archive Date: | Sep 01, 2024 |
| Estimated Total Program Funding: | $3,136,265 |
| Award Ceiling: | $1,045,000 |
| Award Floor: | $1,000,000 |
Eligibility
| Eligible Applicants: | State governments |
| Additional Information on Eligibility: | – |
Additional Information
| Agency Name: | Small Business Administration |
| Description: | In 2023, FBI’s Internet Crime Complaint Center (IC3) received a record number of complaints from the American public: 880,418 complaints were registered, with potential losses exceeding $12.5 billion. This is a nearly 10% increase in complaints received, and it represents a 22% increase in losses suffered, compared to 2022. Small businesses are attractive targets because they have information that cybercriminals want, and they typically lack the security infrastructure of larger businesses. Surveys have shown that many small business owners feel their businesses are vulnerable to a cyberattack. Yet many businesses cannot afford professional IT solutions, have limited time to devote to cybersecurity, or do not know where to begin. The Consolidated Appropriations Acts, 2022, 2023 and 2024, authorized the U.S. Small Business Administration to make grants to States, and the equivalent thereof, to carry out projects that help new small business concerns with tools to combat cybersecurity threats during their formative and most vulnerable years. |
| Link to Additional Information: | Cybersecurity for Small Business Pilot Program |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Grants.gov Contact Center
Phone Number: 1-800-518-4726 Hours of operation are 24 hours a day, 7 days a week. The contact center is closed on federal holidays. |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
Folder 355250 Full Announcement-FY24 Cybersecurity for Small B -> FY24 Cybersecurity for Small Business Pilot Program – FAQ_ DRAFT 7-17-24.pdf
Folder 355250 Full Announcement-FY24 Cybersecurity for Small B -> FY24_Cybersecurity _NOFO_Synopsis- Final.pdf
Folder 355250 Full Announcement-FY24 Cybersecurity for Small B -> NOFO – Fina 6.28.24-Final.pdf
Packages
| Agency Contact Information: | Grants.gov Contact Center Phone Number: 1-800-518-4726 Hours of operation are 24 hours a day, 7 days a week. The contact center is closed on federal holidays. |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 59.079 | PKG00287275 | Jul 03, 2024 | Aug 02, 2024 | View |
Package 1
Mandatory forms
355250 SF424_4_0-4.0.pdf
355250 SF424A-1.0.pdf
355250 SF424B-1.1.pdf
355250 AttachmentForm_1_2-1.2.pdf
Share This Post, Choose Your Platform!
About the Author: osnqt
