Opportunity Information: Apply for OWBO WKPLN 2017 18
The grant opportunity titled "Option Year Workplan and Budget" (Funding Opportunity Number: OWBO WKPLN 2017 18) is a discretionary funding announcement issued by the U.S. Small Business Administration (SBA). It is structured as a cooperative agreement, which generally means the SBA expects to have substantial involvement in the funded work beyond simply issuing funds and receiving reports. The funding activity category is listed as Business and Commerce, and it is associated with CFDA Number 59.043, which points to an SBA program area connected to business-related support and services.
The posting was created on June 14, 2017, with an original closing date of July 14, 2017, indicating a roughly one-month window for applicants or existing award recipients to prepare and submit the requested materials. The opportunity anticipates up to 74 awards, suggesting it is designed for a network of participating organizations rather than a small number of large, competitive awards. The award ceiling is listed as 0, which typically signals that the funding amount is not specified in the public summary and may instead be determined by internal allocations, negotiations, program formulas, continuation funding rules, or by the contents of the required work plan and budget submission.
Eligibility is broadly labeled as "Others," with the note directing interested parties to consult the additional eligibility information in the full announcement. In practice, "Option Year Workplan and Budget" language commonly appears in continuation or renewal contexts, where current recipients of an SBA-supported cooperative agreement may need to submit an updated work plan and budget for an upcoming option year (a future period of performance that can be exercised if performance and funding conditions are met). However, because the public description is extremely brief and repeatedly references "See Work Plan and Budget Request," the critical details, such as who is eligible, what activities must be proposed, the reporting requirements, and any cost principles or budget restrictions, are likely contained in the attached work plan and budget instructions rather than in the summary listing itself.
Functionally, the opportunity appears to be a request for a formal option-year submission: a proposed work plan describing activities, milestones, and deliverables for the next project period, paired with a detailed budget that aligns costs with those activities. The emphasis on a work plan and budget request suggests the agency is using this announcement to collect standardized planning and financial documents, potentially to evaluate continued support, confirm alignment with program goals, and set the terms for the next budget period under the cooperative agreement.Apply for OWBO WKPLN 2017 18
- The Small Business Administration in the business and commerce sector is offering a public funding opportunity titled "Option Year Workplan and Budget" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 59.043.
- This funding opportunity was created on Jun 14, 2017.
- Applicants must submit their applications by Jul 14, 2017. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The number of recipients for this funding is limited to 74 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
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Frequently Asked Questions (FAQs)
1) What is the title of this grant opportunity?
The opportunity is titled "Option Year Workplan and Budget".
2) What is the Funding Opportunity Number (FON)?
The Funding Opportunity Number listed is OWBO WKPLN 2017 18.
3) Which federal agency is offering this opportunity?
This is a discretionary funding announcement issued by the U.S. Small Business Administration (SBA).
4) What type of funding instrument is being used?
The opportunity is structured as a cooperative agreement. This generally indicates the SBA expects to be substantially involved in the funded work beyond simply awarding funds and receiving reports.
5) What is the funding activity category?
The funding activity category is listed as Business and Commerce.
6) What CFDA number is associated with this opportunity?
The opportunity is associated with CFDA Number 59.043, which points to an SBA program area connected to business-related support and services.
7) When was the opportunity posted?
The posting was created on June 14, 2017.
8) What was the closing date?
The original closing date was July 14, 2017.
9) How long was the application window?
Based on the posted and closing dates provided (June 14, 2017 to July 14, 2017), the window was approximately one month.
10) How many awards does the opportunity anticipate?
The opportunity anticipates up to 74 awards, suggesting it may support a network of participating organizations rather than a small number of large awards.
11) What is the award ceiling?
The award ceiling is listed as 0. In summaries like this, that often indicates the funding amount is not specified in the public summary and may be determined through internal allocations, negotiation, formulas, continuation rules, or the submitted work plan and budget.
12) Is this a competitive grant open to new applicants?
The summary does not clearly state that it is open to new applicants. The title and description indicate it is likely a request for an option-year work plan and budget, which commonly appears in continuation or renewal contexts for existing recipients. The definitive eligibility details are referenced as being in the full announcement ("See Work Plan and Budget Request").
13) Who is eligible to apply?
Eligibility is broadly labeled as "Others", and the listing directs interested parties to consult the additional eligibility information in the full announcement. The brief public description does not provide further specifics.
14) What does "option year" mean in this context?
Based on the phrasing provided, "option year" generally refers to a future period of performance that may be exercised if conditions such as satisfactory performance and available funding are met. The opportunity appears to be requesting the documentation needed to support that next period.
15) What is this announcement mainly asking for?
It appears to be a request for a formal work plan and budget submission for the upcoming option year, including a plan describing activities, milestones, and deliverables paired with a detailed budget aligned to those proposed activities.
16) What might a work plan need to include?
The summary indicates the submission should describe activities, milestones, and deliverables for the next project period. Any required formats, templates, or additional elements are likely contained in the referenced "Work Plan and Budget Request" materials.
17) What might the budget need to include?
The budget is described as needing to be detailed and aligned with the proposed activities. Specific cost principles, required line items, restrictions, or documentation standards are not included in the summary and are likely in the work plan and budget instructions referenced by the announcement.
18) Why would the SBA issue an announcement like this?
Based on the description provided, the SBA may be using this announcement to collect standardized planning and financial documents to help evaluate continued support, confirm alignment with program goals, and set the terms for the next budget period under a cooperative agreement.
19) Does the summary describe reporting requirements?
No. The public description notes that critical details such as reporting requirements are likely contained in the attached or referenced work plan and budget instructions, rather than the brief summary listing.
20) Does the summary specify required activities or program services?
No. While the category is Business and Commerce and the CFDA is associated with business-related support and services, the summary does not spell out specific required activities. It repeatedly points to "See Work Plan and Budget Request" for the detailed requirements.
21) Where are the key details (eligibility, requirements, and restrictions) located?
The summary indicates that the essential details are in the full announcement materials referenced as "Work Plan and Budget Request".
22) What is the practical purpose of submitting an option-year work plan and budget?
The submission appears intended to document what work will be completed in the next project period and how funding would be used, enabling the SBA to review the plan, confirm it aligns with goals, and determine the terms and funding level for the option year.
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