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Event Details

January 10, 2023 - February 28, 2023
2:00 PM - 3:00 PM
Time Details:
2:00pm -3:00pm

Webinar - From the comfort of your home, laptop, desktop, ipad

(202) 482-2332
Minority Business Development Agency
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MBDA Capital Readiness Program Grant Competition

Tuesday, January 10, 2023

MBDA is seeking proposals for its $93.5 million Capital Readiness Program grant competition to help minority and other underserved entrepreneurs launch and scale their businesses. This Program will provide funding to incubators, accelerators, and other eligible organizations across the country with expertise to support underserved entrepreneurs by providing training and other critical resources, tools, and technical assistance to access capital.

The following are categories of organizations eligible to apply for this funding opportunity:

  • Non-profit organizations
  • Private sector entities (defined as entities that are not public sector entities). This includes, for example, for-profit entities of any type, including sole-proprietorships, partnerships, limited liability companies, and corporations, but does not include public sector entities such as Federal, State, Local, or Tribal Governments, agencies, or any of their instrumentalities
  • Institutions of higher education
  • A consortium of two or more of any of the above-mentioned eligible applicants. In a consortium application, there must be a designated lead applicant; the lead applicant would enter into the award agreement with MBDA and assume primary operational and financial responsibility for completing the project should an award be made.

Pre -Application Webinars will be offered:
Jan 10th, 2023 - 2pm -3pm
Jan 17th, 2023 - 2pm -3pm
Jan 24th, 2023 - 2pm-3pm

Register for webinars here.


Email of intent to apply for grant - January 31, 2023
Webinars - Jan 10th, 17th and 24th
Deadline to apply for grant - February 28, 2023

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