MICRO-2026-1

The Small Business Administration is soliciting applications under Contract Description MICRO-2026-1 to support entrepreneurs and small business owners, particularly in economically distressed areas facing credit shortages. The program will provide loans or loan guarantees to private nonprofit and quasi-governmental intermediary lenders, enabling them to issue short-term microloans of up to $50,000 at fixed interest rates to startups, newly established, and growing small businesses. These funds are restricted to specific uses including working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to financial support, the SBA will award grants to intermediary lenders to deliver marketing, management, and technical assistance to both prospective and current borrowers, ensuring they have the resources to succeed. The SBA will also offer training to intermediary lenders to strengthen their capacity to administer the program effectively and serve small business clients. The solicitation, identified as SB-OCAML-26-001, was posted on June 4, 2026, with a response deadline of June 5, 2026. It is issued by the Small Business Administration and is open to federal entities capable of serving as intermediary lenders. There is no specified set-aside or NAICS code, and the program has no geographical restriction beyond its focus on underserved areas. All inquiries must be directed to the designated point of contact at the SBA, with email and phone provided. Interested parties are expected to submit proposals through Grants.gov, as indicated by the public UI link. The program aims to stimulate local economic growth through targeted financial tools and complementary support services designed to enhance business viability and long-term sustainability.