Federal grant · cooperative agreement (b)

Skills for Rhode Island's Future

The Mbda Capital Readiness Program (program) Is Designed to Help Close the Entrepreneurship Gap Between Socially and Economically Disadvantaged Individuals (SEDI) and Non-sedi. the Recipients Are Were Selected to: (1) Help Sedi Entrepreneurs Build Capacity; (2) Attract and Provide Access to Capital Opportunities; and (3) Attract and Provide Access to Networks. the Proposed Activities May Resemble the Service Models of Incubators (focusing on Early-stage Technical Assistance for New Entrepreneurs) or Accelerators (providing Emerging-stage Technical Assistance to Businesses Ready to Expand or Scale), or Provide a Combination of Both Service Models.

Committed

$3.0 Million

Paid to

UEI VC8CKKWDRPD6

30 Exchange Ter Ste 1, Providence, RI, 02903

Department of Commerce

Minority Business Development Agency

Place

PROVIDENCE, RI, UNITED STATES

RI-02

Performance

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Department of Commerce

Minority Business Development Agency

MBDA Capital Readiness Program to

Skills for Rhode Island's Future

Committed

$3.0 Million

Paid to

Skills for Rhode Island's Future

UEI VC8CKKWDRPD6

30 Exchange Ter Ste 1, Providence, RI, 02903

Department of Commerce

Minority Business Development Agency

Place

PROVIDENCE, RI, UNITED STATES

RI-02

Performance

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗