What Technology Funding Covers (and Excludes)

GrantID: 2098

Grant Funding Amount Low: $750,000

Deadline: June 12, 2023

Grant Amount High: $1,000,000

Grant Application – Apply Here

Summary

Eligible applicants in with a demonstrated commitment to Social Justice are encouraged to consider this funding opportunity. To identify additional grants aligned with your needs, visit The Grant Portal and utilize the Search Grant tool for tailored results.

Grant Overview

Measuring Success in Business and Commerce Initiatives for Incarcerated Parents and Their Minor Children: A Grant Overview for Applicants Focusing on Small Business Grants and Funding for Businesses Affected by Incarceration Under the Banking Institution's Grant Program for Developing or Expanding Services to Reduce Recidivism and Violent Crime ($750,000–$1,000,000) - Advancing Small Business Administration Grants for Entrepreneurship and Re-entry Programs Under Banking Institution's Initiative to Support Minor Children and Families of Incarcerated Individuals Through Grant Funding for Small Businesses and Business Grants for Small Business Development in Various Regions Including Delaware and Other Areas Impacted by Incarceration, Supporting Conflict Resolution and Non-Profit Support Services in the Process as Part of Law, Justice, Juvenile Justice & Legal Services. Applicants must understand that the primary goal is to measure the effectiveness of their projects in preventing violent crime, reducing recidivism, and supporting minor children of incarcerated parents. Measuring success in Business and Commerce initiatives under this grant requires a deep understanding of the complex relationships between business development, recidivism rates, and family support services. Business and Commerce applicants must be prepared to track and report on specific outcomes related to their projects, including job creation, business growth, and family well-being metrics, which are critical for securing grant money for small business initiatives and other business grants for small businesses. A concrete regulation that applies to this sector is the requirement to comply with the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (2 CFR 200), which outlines the standards for measuring and reporting on grant outcomes, including those related to SBA grant money and other small business administration grants. One verifiable delivery challenge unique to this sector is the difficulty in collecting data from formerly incarcerated individuals and their families, who may be hesitant to participate in data collection efforts due to stigma or mistrust of government programs, affecting the ability to secure grant funding for small businesses and measure the success of business funding initiatives. To overcome this challenge, applicants must develop robust data collection and reporting systems that protect participant confidentiality and ensure accurate tracking of outcomes. Effective measurement of Business and Commerce initiatives will require a range of staffing and resource requirements, including data analysts, program evaluators, and business development specialists. Applicants must also be aware of the risk of eligibility barriers, particularly for formerly incarcerated individuals who may face challenges in accessing capital or participating in business development programs due to their criminal history, which can impact their ability to secure small biz grants or other forms of business funding. To mitigate this risk, applicants should develop targeted strategies to support these individuals, such as providing financial literacy training or partnering with organizations that specialize in supporting formerly incarcerated entrepreneurs. In terms of compliance traps, applicants must be aware of the need to maintain accurate and detailed records of their expenditures and outcomes, as well as the potential for audit or review by the Banking Institution or other regulatory bodies, which is crucial for securing SBA grant money and other forms of grant funding for small businesses. Required outcomes for Business and Commerce initiatives under this grant include job creation, business growth, and improved family well-being, which should be measured using a range of KPIs, including job creation rates, business survival rates, and family income levels, all of which are relevant to the search terms like 'small business grants' and 'business funding'. Reporting requirements will include regular submission of data and progress reports to the Banking Institution, as well as participation in any evaluation or monitoring activities. The Banking Institution will also require applicants to report on their efforts to promote Conflict Resolution and support Non-Profit Support Services as part of their project, aligning with the goals of Law, Justice, Juvenile Justice & Legal Services initiatives. By understanding these requirements and developing robust measurement and evaluation plans, Business and Commerce applicants can successfully implement their projects and achieve the goals of the grant program. To be eligible, applicants must operate in locations such as Delaware and serve populations impacted by incarceration, including minor children and families of incarcerated individuals, and may need to partner with organizations that provide Conflict Resolution services or Non-Profit Support Services to achieve the desired outcomes. As part of their measurement plan, applicants should also consider the impact of their initiatives on reducing recidivism and violent crime, and how their projects can be scaled or replicated to achieve greater impact. This may involve tracking and reporting on metrics related to recidivism rates, crime rates, and community safety, which are all relevant to the broader goals of the grant program and the search terms related to 'grant money for businesses' and 'business grants for small business'. By focusing on these outcomes and metrics, Business and Commerce applicants can demonstrate the effectiveness of their projects and contribute to the overall success of the grant program. FAQs for Business and Commerce applicants: Q: How can I ensure that my business development project meets the grant's requirements for supporting minor children of incarcerated parents? A: To meet the grant's requirements, you should develop a clear plan for how your business development project will support minor children of incarcerated parents, such as by providing job training or placement services for formerly incarcerated individuals or offering products or services that support family well-being, and be prepared to track and report on these outcomes as part of your measurement plan, utilizing relevant SBA grant money for small business initiatives. Q: What types of data will I be required to collect and report on as part of my grant application, and how can I access grant funding for small businesses to support this effort? A: As a Business and Commerce applicant, you will be required to collect and report on a range of data, including job creation rates, business growth metrics, and family well-being outcomes, and you can access grant funding for small businesses to support data collection and analysis efforts by including these costs in your grant budget and utilizing business grants for small business development. Q: Can I use grant funds to support Conflict Resolution or Non-Profit Support Services as part of my Business and Commerce project, and how does this align with the goals of Law, Justice, Juvenile Justice & Legal Services initiatives? A: Yes, you can use grant funds to support Conflict Resolution or Non-Profit Support Services as part of your Business and Commerce project, as long as these services are directly related to your project's goals and outcomes, and align with the broader goals of the grant program, including supporting Law, Justice, Juvenile Justice & Legal Services initiatives, and you should be prepared to describe these services in your grant application and track their impact as part of your measurement plan.

Eligible Regions

Interests

Eligible Requirements

Grant Portal - What Technology Funding Covers (and Excludes) 2098

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