PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS (PRIME) FY 2026
- Posted
- July 15, 2026
- Closes
- August 12, 2026
- Award ceiling
- $400,000
- Award floor
- $75,000
- Expected awards
- 27
- Cost sharing
- Yes
- Instrument
- Grant
- Assistance listing
- 59.050
- Category
- Business and Commerce
- Archives
- September 11, 2026
Program funding history
Awards made under Assistance Listing 59.050 across FY2024–FY2026, from public federal spending records.
- FY2024 obligated
- $6.9M
- FY2025 obligated
- $0
- FY2026 (to date) obligated
- $0
- Awards in window
- 47
Top recipients: Economic and Community Development Institute, Inc., Native Cdfi Network Inc, Credit Builders Alliance, Inc., Maryland Capital Enterprises, Inc., Cal Poly Humboldt Sponsored Programs Foundation
Source: USAspending.gov · refreshed August 2026
Synopsis
Who can apply
- Native American tribal governments (Federally recognized)
- Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
- Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
•A microenterprise development organization or program (or group or Collaborative thereof), such as a non-profit Community Development Financial Institution or similar entity, that has a demonstrated record of delivering microenterprise services to disadvantaged entrepreneurs; or •An Intermediary (as defined in Section 8.1) which has experience in delivering technical assistance to disadvantaged entrepreneurs; or •A microenterprise development organization or program (as defined in Section 8.1) that is accountable to a local community, working in conjunction with a State or local government or Indian Tribe; or •An Indian tribe acting on its own, if it can certify that no private organization or program referred to above exists within its jurisdiction. •Religious Organizations with the following restrictions: may only conduct explicitly religious activities outside other programs directly funded by the federal government and at a separate time or location, may not use any direct Federal financial assistance to support or engage in any explicitly religious activities and may not discriminate against beneficiaries or prospective beneficiaries of this program on the basis of religion or religious belief. See Section 4.1.5 for additional guidance on documenting eligibility. Eligible nonprofit entities may apply either individually or as part of a Collaborative. All parties to a Collaborative must separately meet the PRIME Program eligibility criteria.
How to apply
Applications go through the official government listing. Grants Radar links you straight to the source — applying is free.
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