The CED Social Enterprise program provides funding for projects aimed at business development opportunities and creating employment for individuals with low income located in geographic areas with a demonstrated need for the proposed project. These social enterprises, in turn, reduce personal or community barriers and provide economic support. To accomplish this, awards will be made to up to six experienced CDCs under this FOA. These CDCs must have demonstrated experience with development/expansion and with providing technical and financial assistance to social enterprises within their communities. The funded CDCs will support the creation of social enterprises and provide technical assistance and incubator services to assist the organizations willing to start or expand social enterprise businesses with business planning, start-up, and expansion and addressing the personal and community barriers that must be overcome to help individuals with low incomes become self-sufficient (e.g., transportation, child care, need for education/training, language barriers, etc.).
CED SOCIAL ENTERPRISES
This FOA focuses on supporting social enterprises—profit-making businesses or non-profit organizations that uses revenue-generating activities to:
- Develop new products, services, and commercial activities that result in the creation of new, full-time, full-year jobs – at least 75 percent of which will be filled by individuals with low incomes;
- Reinvest funds back into the community or into supporting the individuals with low incomes filling those positions; and
- Through local entrepreneurship, reduce or remove barriers that the individuals with low incomes filling the positions face (e.g., those reentering into the community from the criminal justice system, experiencing domestic violence, suffering from substance dependence, lacking adequate child care, etc.).
This definition of social enterprise is provided in the Definition of Terms found later in this section.
The CED Social Enterprises program is built on the premise that CDCs know their communities and are poised to efficiently and effectively create new community economic development projects in their communities. The objectives of the program under this announcement are to: 1) create or expand, and support social enterprises that invest profits in addressing a local need; 2) reduce a personal or community barrier or solve a social problem for a community and its constituents and stakeholders; and 3) establish an incubator that helps enhance social enterprises and their ability to create jobs within the local community and provides services (social and business support, resources, and advice) to the social enterprises.
The positions created should:
- Lead to increased self-sufficiency for individuals and families with low income;
- Create businesses and jobs in low-income communities that improve the livelihood of those who obtain those jobs and strengthen the economic life of the community itself; and
- Attract additional public and private funds to increase community investment and quality of life in low-income communities.
Applications for CED Social Enterprise projects under this announcement must define the target population(s) who the organizations will reach with their social enterprise endeavors and what services they will provide to address specific personal or community barriers and the target population(s).
Business plans for CED Social Enterprise projects under this announcement must provide evidence that the participating social enterprises can be profitable. The business plan must include a realistic project plan with the following key elements:
1. a timeline that clearly demonstrates that the proposed project will be completed and all CED Social Enterprise funding expended within the grant period; and
2. a plan demonstrating that CED Social Enterprise funds will be managed consistent with applicable federal regulations including 45 CFR parts 75.302, 75.318, and 75.322, whereas recipients must have control over and accountability for all funds, property, and other assets.
CED Social Enterprise projects under this announcement are expected to demonstrate that the project budget includes all CED Social Enterprise and non-CED Social Enterprise funds needed to implement the project and result in the successful creation of jobs as outlined in the proposed application. When non-CED Social Enterprise financing is required to fully implement the project, evidence must be provided that all capital requirements have been met through financing, cash resources, or in-kind contributions.
Additionally, program income, as defined in the definition of terms in this section and projected post award, may be used to demonstrate the long-term sustainability of the project. However, since CED Social Enterprise projects should be ready for implementation at the time of the award, future program income cannot be used to meet the non-CED Social Enterprise funding needs for project implementation.
Applicants must agree to support the creation of at least a minimum number of jobs based on the following formula: [Total Amount of Federal CED Social Enterprise Funds Awarded] divided by [$20,000] = [Minimum Number of Jobs to be Created]. For example, if a grantee is awarded $1,700,000 in federal CED Social Enterprise funds across the five 12-month budget periods, it must use that money to conduct activities that will create at least 85 jobs ($1,700,000 ÷ $20,000 = 85). Note: An applicant's score will not increase by proposing jobs above the required minimum. While the focus of the program is on the creation of jobs for individuals with low incomes as defined by the poverty guidelines published annually by HHS, ACF does not expect that 100 percent of the created jobs will necessarily be filled by individuals with low incomes. Often when a business is created or expanded, there is a need to hire high-level managers or other content experts with unique skills and/or experiences that may be more difficult to identify and recruit. For this reason, ACF only requires that a minimum of 75 percent of the newly created jobs be filled by individuals with low incomes. ACF also expects that these jobs will support individuals with low incomes in achieving self-sufficiency, through wages, benefits, and opportunities for career growth.
Proposed incubator projects may use grant funds to provide loans to viable participating social enterprises and/or as an equity or stock investment. Regarding the equity/stock investment, grantees can convey grant funds to third parties to help finance social enterprises creating jobs for eligible program participants. In exchange for a percentage ownership (via stock purchase or equity) specified in a third-party agreement (contract), a social enterprise receives cash needed to buy, start, or expand a business, provided they agree to specified CED Social Enterprise program terms and conditions, including reporting jobs and other benefits to grantees. Grant funds can be used to support one or multiple project strategies. However, evidence that identifies the necessity is required for each strategy used. A summary of each of these strategies is provided in the Definition of Terms later on in this section.
For FY 2019, Congress has directed ACF to prioritize applications from rural areas with high rates of poverty, unemployment, and substance abuse. Any participating social enterprises located in or serving a community (census tract) with a poverty rate of at least 20 percent or a median income at or below 80 percent of the area median income will receive priority in the form of bonus points.
CED Social Enterprise grant funds may not be used for:
- Projects that include the reimbursement of pre-award costs.
- Projects that provide subawards/pass-throughs.
- Projects that use funding to capitalize loan loss reserve funds.
- Projects that use funding to provide loan(s) that have balloon payments that will be paid after the end of the project period.
- Projects that focus primarily on job training, job placement, and technical assistance. Note: Limited on-the-job training and job placement activities can be for a specific position that has been created, but cannot be used to operate a general job training and placement program.
- Projects that do not create new jobs that did not exist prior to the proposed CED Social Enterprise project.
DEFINITION OF TERMS
The following definitions apply throughout this announcement and applicants are strongly encouraged to review these carefully prior to submitting an application.
Balloon Payment - A large loan payment agreed upon by the parties and due at the end of a mortgage, commercial loan, or other amortized loan. The balloon payment is not amortized over the life of the loan, and as the remaining balance is the final repayment to the lender. Note: As noted in the definition of loan, re-payment of all loans funded with CED Social Enterprise funds must begin during the course of the funded project period and a balloon payment (if any) must be made before the end of the project period.
Beneficiary - A low-income individual who will directly benefit from the project.
Board Approval - For the purposes of this FOA, Board Approval is a document authorizing the approval of the proposed project by the majority of the Board of Directors in order to ensure the goals and objectives of projects are community-driven and in accordance with community prioritized needs for job creation. This could be demonstrated through a board resolution, meeting notes, or other written documentation that records the decisions or actions of a CDC Board of Directors.
Board Resolution - Written document recording decisions or actions of a CDC Board of Director recorded in the minutes of the organization. For the purposes of this FOA, a document authorizing the submission of the CED Social Enterprise grant, to ensure the goals and objectives of projects are community-driven and in accord with community prioritized needs for job creation, and are submitted on behalf of the CDC.
Budget Period - Projects funded under this announcement will be funded incrementally in five 12-month intervals known as budget periods.
Community - Any geographic area defined by specific boundaries and the residents, businesses, and institutions within that geographical area.
Community Barriers - Conditions in a community that impede success in employment or self-employment of individuals with low incomes. Such conditions may include: lack of employment education and training programs; lack of public transportation; lack of markets; unavailability of financing, insurance, or bonding; inadequate social services such as employment services, child care, or job training; high incidence of crime; substance abuse; inadequate health care; or environmental hazards such as toxic dumpsites or leaking underground tanks.
Community Development Corporation (CDC) - Consistent with Section 680(a)(2) of the Community Services Block Grant (CSBG) Act, 42 U.S. C. § 9921, to be a qualified CDC, an organization must meet three conditions:
- The organization must be a private, non-profit with 501(c)(3) status;
- The organization must have articles of incorporation or bylaws demonstrating that the CDC has a principal purpose of planning, developing, or managing low-income housing or community development projects; and
- The Board of Directors of the organization must have representation from community residents, business leaders, and civic leaders.
Note: The CDC designation does not need to be specified on any official documents as long as the three requirements stated earlier in this definition are met.
Community Economic Development (CED) - A process by which a community organizes its resources and capacities to attract capital to invest in physical, commercial, and business development in order to create job opportunities for its residents.
Contract - A legal instrument by which a non-Federal entity purchases property or services needed to carry out the project or program under a Federal award. The term as used in this part does not include a legal instrument, even if the non-Federal entity considers it a contract, when the substance of the transaction meets the definition of a Federal award or subaward (see also Subaward).
Debt Instruments – Any financial documents that enable the issuing party to raise funds by promising to repay a lender in accordance with terms of a contract. Types of debt instruments include notes, bonds, certificates, mortgages, leases, or other agreements between a lender and a borrower.
Earnings - The net income of the social enterprise, which is the difference between its revenues, costs, and expenses, as shown on the Profit and Loss Statement.
Eligible Activities - Activities that contribute to creation or expansion of sustainable social enterprise businesses and full-time, full-year positions within a service area.
Employment Education and Training Program - A program that provides employment directed education and/or training to individuals with low incomes, including Temporary Assistance for Needy Families (TANF) recipients, at-risk youth, public housing residents, displaced workers, persons who are homeless, and other individuals with low incomes.
Equipment - Tangible personal property (including information technology systems) acquired with CED Social Enterprise grant funds, having a useful life of more than 1 year and a per-unit acquisition cost that equals or exceeds the lesser of the capitalization level established by the non-Federal entity for financial statement purposes, or $5,000.
Equity Investment - The provision of capital to a social enterprise for a specified purpose in return for a share of ownership evidenced by a formal equity investment agreement. This may involve the issuance of stock as in an equity stock investment. An equity investment may be either in a subsidiary for-profit corporation of the applicant or in an unaffiliated business.
Faith-based Organization - An organization that has a religious character.
Federal Interest - When used in connection with the acquisition or improvement of real property, equipment, or supplies under a Federal award, the dollar amount that is the product of the: (1) Federal share of total project costs; and (2) Current fair market value of the property, improvements, or both, to the extent the costs of acquiring or improving the property were included as project costs. (45 CFR 75.2) The Federal interest in real property does not expire when the project ends. It continues indefinitely although title vests in the recipient so long as the property is used for the originally authorized purpose. When no longer needed for the purpose of the original project, recipients must request disposition instructions from ACF. (45 CFR 75.320)
Financial Feasibility/Viability - The component of the business plan demonstrating the financial ability of the grantee to achieve the project's goals of creating permanent, full-time jobs for individuals with low incomes over the project period. Financially feasible/viable projects provide for business operation and maintenance, a reasonable reserve, and debt payment for the purpose of job creation.
Financial Literacy Services - Delivery of information and tools that help individuals make informed choices with regard to their personal finances. Such services typically focus on budgeting, credit, savings, and other matters relating to a household’s financial well-being.
Financial Strategies - The component of the business plan demonstrating the way(s) in which the applicant will access program capital to fully implement the project at the time of the award, as well as the way the applicant will manage, monitor, and use capital resources to successfully create jobs. It encompasses the quality of systems and skills for accounting, budgeting, financial management, cash and credit management, and control over purchase and inventory.
Full-time, Full-year Position - A non-seasonal position requiring at least 30 hours of work per week. An aggregation of part-time positions to a full-time equivalent is not considered a full- time position.
Grant Award - The funding made available to an eligible organization after a competitive grant application process.
Grant Terms and Conditions - A statement of HHS and ACF regulations and policies, pursuant to federal law that is attached to the Notice of Grant Award and that sets forth the standard terms and conditions with which grantees are required to comply. Applicants are expected to provisionally sign the Statement of Grant Terms and Conditions as an acknowledgement that the official submitting an application for OCS funding has read and understands the terms and conditions applicable to the project, if awarded funding.
Incubator - For the purposes of this announcement, a program to help social enterprises flourish by providing social and business support, resources, services, and advice, normally in one physical location (through the acquisition of real property) within a community. Incubators that are established without a geographic location in the community are not supported by this announcement.
Indirect Costs - Costs incurred for a common or joint purpose benefitting more than one cost objective, and not readily assignable to overhead costs of an organization that has been approved by HHS or other federal agencies for use in applying for federal funds.
In-Kind Contributions - These contributions may be in the form of real property, equipment, supplies and/or other expendable property, or goods and services provided by non-governmental sources directly benefiting and specifically allocated to the project.
Intangible Property - Trademarks, copyrights, patents and patent applications, and such property as loans, notes, and other debt instruments, lease agreements, stock, and other personal property ownership, acquired with grant funds. Note: Grantees who use federal funding to purchase or create intangible property or debt instruments must report to the federal government on the continued use of such funds up to 12 years after the end of the project.
Intervention - Any planned activity within a project that is intended to reduce personal barriers or community barriers to employment and can be formally evaluated. For example, job readiness training is an intervention.
Job Creation - New full-time, full-year positions for the project that did not exist prior to the start of the project and came about as a direct result of the investment of OCS funds in project activities, such as development of new social enterprises, the expansion of existing social enterprises, or the development of new products and services. The training and placement of individuals in positions existing prior to the start of the project, even positions guaranteed to individuals with low incomes through a formal agreement with an employer, is not considered job creation.
Job Placement - Placing an individual in an existing vacant job of a business, service, or commercial activity not related to new development or expansion activity. All jobs supported by the project must meet the definition of new job creation, not job placement.
Letters of Support - A signed letter that describes an endorsement of the project from a local or regional government agency or community organization. The letter should describe any specific relationship the agency or organization has to the applicant, knowledge of the applicant's experience and qualifications in business and job creation, and any in-kind or financial contributions to the project, if applicable.
Loan - A Federal loan or loan guarantee received or administered by a non-Federal entity, except as used in the definition of program income. In the context of this FOA, money provided to finance an eligible social enterprise borrower evidenced by a promissory note and loan agreement for a specified purpose to be repaid, with a stated rate of interest and within a specified period. Loans made to eligible social enterprises must be at or below market rate (or what commercial lenders would offer). This includes a distinct loan fund established exclusively for CED Social Enterprise projects as a resource for loans, to finance eligible business development and operational activities that, when principal is repaid, is used to make new loans that support a similar purpose. The standards used for selection of borrowers must be identified. Interest accrued on CED Social Enterprise funds must be used to continue or expand the activities of the approved project. See also the definition of Federal Interest. Re-payment of all loans funded with CED Social Enterprise funds must begin during the course of the funded project period and a balloon payment (if any) must be made before the end of the project period. No portion of a loan is forgivable.
Low income - An individual whose household income level does not exceed 125 percent of the official poverty guidelines as found in the most recent revision of the HHS Poverty Guidelines published by HHS. These guidelines may be found at https://aspe.hhs.gov/poverty-research.
Microenterprise - A commercial business with five or fewer employees, at least one of whom is the owner.
Non-profit Organization - Any corporation, trust, association, cooperative, or other organization, not including institutions of higher education, that: (1) is operated primarily for scientific, educational, service, charitable, or similar purposes in the public interest; (2) is not organized primarily for profit; and (3) uses net proceeds to maintain, improve, and/or expand the operations of the organization.
Notice of Federal Interest (NFI) - A lien or other notice of public record that a grantee must file if it directly expends federal grant funds for acquisition, construction, or major alteration and renovation of real property. See also the definition of Federal Interest.
Notice of Grant Award - A legal document given to the intended organization that indicates an award has been made and that funds may be requested from the designated HHS payment system or office; the notice of grant award shows the amount of federal funds authorized for obligation and the budget period for the approved project. Grantees will find this information helpful as it outlines the conditions of their grant awards.
Opportunity Zone - An initiative created in the Tax Cuts and Jobs Act of 2017, to designate economically distressed communities where new investments, under certain conditions, may be eligible for resources leveraged by preferential tax treatment to investors. Localities qualify as Opportunity Zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S. Treasury via his delegation of authority to the Internal Revenue Service. Opportunity Zones have now been designated in all 50 states, the District of Columbia and five territories. The U.S. Treasury Department has developed a list of Opportunity Zones that can be found at https://www.cdfifund.gov/Pages /Opportunity-Zones.aspx. More information about the Opportunity Zones initiative is available at: https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions.
Pass-throughs - Pass-throughs are not permitted under this announcement. A pass-through (also known as a subaward) is an award of financial assistance in the form of money, or property in lieu of money, made under an award by a recipient to an eligible subrecipient or by a subrecipient to a lower tier subrecipient. The term includes financial assistance when provided by any legal agreement, but does not include procurement of goods and services, nor does it include any form of assistance that is excluded from the definition of "award" in this section.
Note: Equity investments and loan transactions are not pass-throughs; these qualify as intangible property and debt instruments.
Persistent Poverty County - A county in which 20 percent or more of the population has lived in poverty over the past 30 years according to the U.S. Census, as determined by the Economic Research Service of the U.S. Department of Agriculture.
Personal Barriers - Those aspects of an individual's personal situation that may impede success in obtaining and retaining employment. Barriers may include factors such as limited education, substance abuse, insufficient life skills, criminal history, health problems, or disability.
Poverty Guidelines - Guidelines published annually by HHS that establish the level of poverty defined as low-income for individuals and their families. The guideline information is posted on the internet at the following address: http://aspe.hhs.gov/poverty/index.shtml.
Profit and Loss Statement - Financial report summarizing social enterprise revenues, expenses, and net income or loss over a specified period of time.
Program Income - Gross income earned by the non-federal entity that is directly generated by a supported activity or earned as a result of the Federal award during the period of performance, not to be used to meet any non-CED Social Enterprise funding needs for implementation of the project in the project design.
Project - The scope of OCS activities described in the application for federal grant funds pursuant to this announcement.
Project Partner - Any organization or business participating in the project that is not the direct recipient of CED Social Enterprise grant funds. Typical project partners include the following: equity investors, donors, a wholly owned subsidiary, or a business entity to which the grantee makes an equity investment or capitalizes a loan in support of grant purposes. Note: CED Social Enterprise grantees must play a substantive role in the project. A grantee working with a project partner must actively monitor the project and ensure compliance with CED Social Enterprise program requirements.
Project Period - Projects funded under this announcement will have a 5-year project period, as shown in the Notice of Award.
Public Agency Partner - Public assistance and other agencies responsible for administering child support enforcement, TANF, and employment education and training programs (for example, the Department of Labor's One-Stop Career Centers funded by the Employment and Training Administration).
Real Property - Land, including land improvements, structures, and appurtenances, but excluding movable machinery and equipment. Note: Grantees using federal funding to acquire a facility or land for the project must file an NFI. See also the definition of Federal Interest.
Rural Community - For purposes of this announcement, bonus points will be awarded to projects that will create jobs in a rural community with high rates of poverty, unemployment, or substance abuse (as defined in the 2010 Office of Management and Budget (OMB) Standards) or hire individuals with low income from a rural community to fill positions created. OMB designates counties as Metropolitan, Micropolitan, or Neither. A Metro area contains a core urban area of 50,000 or more population, and a Micro area contain an urban core of at least 10,000 (but less than 50,000) population. All counties that are not part of a Metropolitan Statistical Area are considered rural. Micropolitan counties are considered non-Metropolitan or rural along with all counties that are not classified as either Metro or Micro. For more information on Metro areas, see: https://www.census.gov/programs-surveys/metro-micro.html.
Self-Employment - The employment status of an individual who owns and operates a for-profit business.
Self-Sufficiency - A state of being or status of an individual or family where, by reason of employment, eligibility for public assistance is replaced by the financial capacity to meet all basic needs.
Service Area - The community to be served by the funded project.
Site Control - Documented proof of the applicant's ownership or control of the property where grant activities will be conducted. Proof of site control includes all of the following documentation: documentation of the specific property location (address, city, state); documentation of a signed and dated deed or lease agreement between the applicant and property owner; and documentation in the agreement of the terms of the agreement, use of premises, and description of the site (prior use or new property, square footage, use of space for the project).
Social Enterprise - For the purposes of this announcement, a profit-making business or non-profit organization that uses revenue-generating activities to: 1) develop new products, services, and commercial activities that result in the creation of new, full-time, full-year jobs – at least 75 percent of which will be filled by individuals with low incomes; 2) reinvest funds back into the community or into supporting the individuals with low incomes filling those positions; and 3) through local entrepreneurship, reduce or remove barriers that the individuals with low incomes filling the positions face (e.g., those reentering into the community from the criminal justice system, experiencing domestic violence, suffering from substance dependence, lacking adequate child care, etc.).
Social Service Provider - An agency and/or organization that works with individuals with low incomes and can assist a grantee with filling the newly created positions with individuals with low incomes. Examples of social service providers include TANF, employment education and training programs (for example, the Department of Labor's Employment and Training Administration -funded One-Stop Career Centers), and local Child Support Enforcement agencies. These partnerships should be documented with signed third-party agreements, such as Memorandums of Understanding (MOUs), letters of commitment, or project partner agreements.
Sources and Uses of Funds Statement - A statement that identifies the committed sources of debt and equity financing and the specific categories of uses of funds associated with each of the sources for the project.
Stock - A share of ownership in a for-profit company. Stocks are sold to investors by a for- profit corporation to raise capital for the start-up and/or expansion of the business. Stock purchases by the grantee are equity investments. Such investments may be made by grantees in affiliated and non-affiliated businesses.
Subaward - An award provided by a pass-through entity to a subrecipient for the subrecipient to carry out part of a Federal award received by the pass-through entity. It does not include payments to a contractor or payments to an individual that is a beneficiary of a Federal program. Subawards are not permitted under this announcement.
Substance Abuse - HHS defines the affliction of alcohol and drug abuse as "substance use disorder." Substance use disorder is having a cluster of cognitive, behavioral, and physiological symptoms indicating that the individual continues using the substance despite significant substance-related problems such as impaired control, social impairment, risky use, and pharmacological tolerance and withdrawal. The definition does not, however, include tobacco or caffeine use. Substance use disorder results in health problems, disability, and failure to meet major responsibilities at work, school, or home.
Support Services - For the purpose of this announcement, services provided by an incubator to social enterprises and/or to members of the social enterprises’ target population that support and complement efforts to obtain economic self-sufficiency. This may include business development support, such as basic business education, shared space, access to finance, connectivity and networking, or assistance with employee recruitment. This may also include social supports, such as financial literacy training, childcare, transportation, substance abuse treatment, English language education, or job training.
Technical Assistance - A problem-solving service generally using the services of a specialist and specifically customized or tailored to the needs of a particular organization. Such services may be provided on-site, by telephone, or by other means of communication.
Temporary Assistance for Needy Families (TANF) - The federal block grant program authorized in Title I of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (part A of title IV under the Social Security Act), as amended.
Third-Party Agreement - Written and signed agreements between grantees, or subcontractors, or other cooperating entities, or project partners. These agreements must detail the scope of work to be performed, work schedules, remuneration, and other terms and conditions that structure or define the relationship. The following are examples of common types of third-party agreements for CED Social Enterprise projects:
Commitment Letter - A signed letter of commitment that describes the level of financial support for the project made by a third-party (e.g., a lender, investor, donor, or other grantor). Such commitment letters are required if the applicant proposes a project for which non-CED Social Enterprise funds (e.g., loans, municipal, federal or state tax credits, equity stock investments, etc.) will be required in order to successfully create the proposed jobs and create and/or expand the proposed social enterprises. Commitment letters must be signed, specific, and conditioned only on the receipt of the grant award.
Equity Investment Agreement - A written agreement that documents a capital investment by a grantee in a social enterprise to achieve the purposes of the project as defined in the application. The agreement sets forth the grantee's share of ownership in the social enterprise business; the terms and conditions related to the use of the invested funds; the rights of the grantee as an equity owner, including, if the business is a corporation, representation on the board of directors; and any provisions for liquidation of the investment. The agreement must include the elements outlined in Section IV.2.Content and Form of Application Submission, The Project Description, Business Plan – Project Viability.
Project Partner Agreement - A written and signed agreement, entered into by the grantee and project partners, such as a more experienced partner, that will directly or indirectly spend CED Social Enterprise funds and/or create new full-time, full-year positions. A memorandum of understanding (MOU) with a project partner committing resources or capital is a typical project partner agreement. The agreement must include the elements outlined in Section IV.2. Content and Form of Application Submission, The Project Description, Business Plan – Organizational Profile.
Training - For the purposes of this announcement, training refers to group-based adult education and skill-building activities (e.g., workshops). It does not include consultations or technical assistance that is specifically customized or tailored to the needs of a particular business identified in the project. Note: CED funds cannot be used for training, unless required to allow employees of social enterprises to perform jobs proposed for the CED Social Enterprise project.
Underserved Areas - For the purposes of this announcement, proposed CED Social Enterprise projects located in counties with persistent poverty (as identified by U.S. Department of Agriculture’s Economic Research Service ) or in rural communities with high rates of poverty, unemployment, and substance abuse (as defined in the 2010 OMB Standards) are consider to be located in underserved areas.
Resources for prospective applicants, including a pre-recorded applicant webinar, will be available at https://www.acf.hhs.gov/ocs/programs/ced under the link titled “Information for Prospective Grantees." The pre-application presentation and related materials will be available for viewing on this site no later than 7 days after publication, and will be available until the closing of this FOA. The goal of the pre-recorded presentation is to provide an overview of the FOA and key dates for submitting an application for CED Social Enterprise. Viewing the pre-recorded webinar is voluntary. Only the information provided in this FOA will be presented. No question and answer portion will be conducted during the session. Participants will remain anonymous. Opting not to view the presentation will not affect eligibility, application scoring or the selection process.