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This program was curated from the official SBA page. Every fact below is quoted word-for-word from that page, but it is still pending our editorial review — confirm current terms with the agency before you rely on it.
Ongoing program · Grant
SBA Program for Investors in Microentrepreneurs (PRIME) grants
U.S. Small Business Administration, Small Business Administration
Key facts
Copied word-for-word from the official SBA page. Last verified October 28, 2026.
Program name
SBA Program for Investors in Microentrepreneurs (PRIME) grants
Issuing agency
U.S. Small Business Administration (Small Business Administration)
Funding type
Grant
Funding purpose
Business and Commerce, Community Development
Status
Ongoing program
Application deadline
Ongoing program · no application deadline publishedAgency note: Announcements are posted to grants.gov in either April or May of each year.
Published award
Not stated on the official SBA page
Eligible applicants (our reading of the official page)
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
Relevant to
NonprofitsHow we determined this: Derived from the eligibility statement on the official page (nonprofit).
Geographic restrictions
Nationwide federal program (check the official page for any location requirements).
mediumCurated from the official agency page; every stored fact was matched word-for-word on that page; Pending editorial review.
Eligibility details (from the agency)
Faith-based organizations that meet all PRIME eligibility criteria can compete for PRIME funding.
Description (from the official program page)
The grant provides funding for nonprofit microenterprise development organizations run either privately, or by state, local, tribal governments, or Indian tribes. Funds are to help these organizations provide either capacity-building to microenterprise development organizations, or training, technical assistance, and guidance to disadvantaged microentrepreneurs.
