SBA PRIME — Program for Investment in Micro-Entrepreneurs

Administered by Small Business Administration (SBA) · sba.gov

Federal grants to nonprofits to provide training, one-on-one coaching, and technical assistance specifically to low-income and disadvantaged micro-entrepreneurs. Focuses on people who can't access traditional business support — particularly low-income women.

Eligibility requirements

✓Low-income individual (income below 200% FPL)
✓Starting or growing a micro-business (typically fewer than 5 employees)
✓Access services through a PRIME-funded nonprofit organization in your area

Insider tip

PRIME-funded organizations are typically microenterprise development nonprofits and CDFIs. Contact your local SBA district office or SBDC to find which organizations in your area have PRIME funding — they provide free business plan help, financial coaching, and sometimes microloan access.

How to apply

Apply directly on the official website. GrantLantern does not process applications — we link you directly to the source.

Apply at sba.gov →

Opens the official source. GrantLantern is not affiliated with this program.

Program details sourced from official government and agency websites. Eligibility is determined by the administering agency — not GrantLantern. Verify current requirements at the official source before applying.

Related programs in Small Business

Up to $275,000

SBIR Phase I Grant

Seed funding for small businesses to explore R&D feasibility for federal agencies. America's largest innova…

View details →

Varies — $5,000–$50,000

Fair Chance Business Pledge Grants

Grant programs specifically supporting entrepreneurs with criminal records to start or grow businesses. Inc…

View details →

Up to $50,000 loan (avg $13,000)

SBA Microloan Program

Low-interest microloans for small businesses and nonprofits through SBA-approved intermediary lenders. Espe…

View details →

Technical assistance + grant funding varies

Minority Business Development Agency (MBDA) Grants

Federal agency exclusively dedicated to growing minority-owned businesses. MBDA Business Centers provide fr…

View details →