CAN BE
ALTERNATIVE
INVESTMENT

MP-CPI-25-001
Alana Sutherland
Opening date 1 Aug 2024, 12:00AM
Closing date N/A
Funding Opportunity Number: MP-CPI-25-001
Opportunity Category: Discretionary
Expected Number of Awards: 9
CFDA Number(s): 93.137 -- Community Programs to Improve Minority Health Grant Program
Cost Sharing or Matching Requirement: No
Posted Date: Aug 01, 2024 12:00:00 AM EDT
Closing Date: N/A
Estimated Total Program Funding: 5000000
Award Ceiling: $600000
Award Floor: $500000
Eligible Applicants: State governments,Public housing authorities/Indian housing authorities,City or township governments,County governments,Independent school districts,Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education,Native American tribal governments (Federally recognized),Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education,Special district governments,Public and State controlled institutions of higher education,Native American tribal organizations (other than Federally recognized tribal governments)
Description: The Office of Minority Health announces the anticipated availability of funds for Fiscal Year (FY) 2025 under the authority of 42 U.S.C. § 300u-6 (Section 1707 of the Public Health Service Act) for demonstration projects to support innovative evidence-based/informed and community-focused approaches that reduce disparities impacting brain health as people age. Demonstration projects are time-limited projects for the purpose of assessing the effectiveness of an approach or intervention toward reaching a desired outcome. We expect award recipients under this opportunity to consider approaches to sustainability beyond the end of the support provided by OMH. Subjective cognitive decline (SCD) is self-reported confusion or memory loss and an early sign of Alzheimer's disease and dementia. Groups disproportionately affected by dementia and related chronic illnesses may face barriers to health care and social services that increase their risk of poor health outcomes. Projects funded under the initiative will use novel community-based strategies that address social determinants of health (SDOH) and risk factors in the environments where people live, work, learn play and worship. We intend for projects to reduce health disparities and demonstrate progress towards SCD-related Healthy People 2030 objectives. See https://health.gov/healthypeople/objectives-and-data/browse-objectives/dementias for more information.Eligible applicants include any private nonprofit or public entity located in a State. “State” includes, in addition to the several States, only the District of Columbia, Guam, the Commonwealth of Puerto Rico, the Northern Mariana Islands, the Virgin Islands, American Samoa, the Trust Territory of the Pacific Islands, and any agency or instrumentality thereof exclusive of local governments. (42 U.S.C. § 201(f) (PHS Act, Section 2(f)), 45 C.F.R. § 75.2). Eligible entities include private nonprofit or public faith-based organizations, community-based organizations, and American Indian/Alaska Native/Native American (AI/AN/NA) organizations.Applications must be submitted through Grants.gov, and applicants must have an active SAM.gov registration when submitting an application. Interested applicants are strongly encouraged begin the registration process for both systems early. We typically fund awards in 12-month budget periods. We may approve shorter budget periods or periods of performance to accommodate administrative factors or funding constraints. For multi-year projects, recipients must submit a non-competing continuation (NCC) application for each budget period after the first. Continuation funding is contingent upon the availability of funds, satisfactory progress of the project, appropriate stewardship of federal funds, and the best interests of the government. Funding for all approved budget periods after the first is generally the same as the initial award amount subject to any offset with funds unused in the previous budget period.
Value Ad helps new businesses save 50% to 80% on essential services like marketing and
development. These savings act as an alternative investment, fueling growth.
Service providers gain valuable initial customers, helping them grow and attract investment.
It's a win-win for everyone!
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For accurate details and to apply for grants or loans, please visit the relevant government websites linked within the App/website.
What is Value Ad?
Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.
How is it a Win-Win Deal?
For New Businesses:
Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.
Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.
For Service Providers:
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Alternative Investment for New Businesses:
For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.
Benefits for Service Providers:
Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:
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In Summary:
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