$500,000 For Women-Owned And Minority Businesses To Get Government Contracts
Assists minority-owned, women-owned and other disadvantaged business enterprises to obtain working capital to perform transportation related contracts for the Department of Transportation. Applications are submitted to a participating bank. For a list of participating banks see OSDBU website below. Applicants must have a transportation related contract and must be certified as a Disadvantaged Business Enterprise by any agency applying DOT certification guidelines or by the U.S. Small Business Administration. Funds are limited to short term costs of contracts being financed and are not available for refinancing of existing debt; contract mobilization; equipment or other long term uses. Contact U.S. DOT, Office of Small and Disadvantaged Business Utilization, Jerry Franco, Program Manager, Office of Small and Disadvan. Bus. Utilization S40, 400 7th St., SW, Rm. 9410, Washington, DC 20590; 202-366-1930; Fax: 202-366-7538; {osdbuweb.dot.gov/business/mp/mktpkg10.html}.
