- U.S. Small Business Administration extends the deadline for its Community Navigator Pilot Program to July 23
- Grant awards of $1 million to $5 million to be decided by September
- SBA expects to use a “hub and spoke” model with central organizations supporting trusted community resources
Summary by Dirk Langeveld
The U.S. Small Business Administration has extended its deadline for organizations interested in taking part in its Community Navigator Pilot Program. The deadline has been extended from July 12 to July 23.
The program was established under the American Rescue Plan to provide grant funding to organizations that can connect small businesses with trusted local resources to provide services like mentoring and networking. The program has a priority focus of helping businesses owned by socially and economically disadvantaged individuals, as well as women and veterans.
- The competitive grant program will offer grants of $1 million to $5 million for a two-year performance period
- The SBA anticipates that it will make award decisions by September
- The SBA is proposing a “hub and spoke” model, with central organizations supporting trusted community advocates to work with small businesses during their recovery