70070800 - Small Business Development Center at UMass
Data Current as of: 8/10/2018

Account	Description	FY2018 Spending	FY2019 GAA
7007-0800	Small Business Development Center at UMass For a state matching grant for the small business development center; provided, that no funds shall be expended from this item until the United States Small Business Administration has made a payment or has executed a contract to pay the University of Massachusetts at Amherst for the operation of the center; provided further, that the funds expended from this item shall not exceed 25 per cent of the gross operating cost of the center; provided further, that not more than $300,000 from this item shall be expended for federal procurement technical assistance services within the center; provided further, that the services shall include, but shall not be limited to, assisting businesses in securing federal contracts, obtaining contract financing, generating responses to requests for proposals, interpreting bid documents, providing educational workshops and seminars and for the electronic identification and tracking of federal bid opportunities; and provided further, that funds expended for federal procurement technical assistance services within the center shall be subject to the receipt of matching funds from federal or private sources, including the United States Department of Defense	1,386,222	1,174,360

Budget Summary FY2019