Sba Form 1224 – Fill Out and Use This PDF

Sba Form 1224 PDF Details

When it comes to securing financial support for small business projects, understanding and completing the right forms is crucial. Among these, the SBA 1224 form plays a significant role for organizations looking to engage in cost-sharing agreements with the U.S. Small Business Administration (SBA). Designed as a Grant/Cooperative Agreement Cost Sharing Proposal, this document requires meticulous attention to detail, reflecting the project's financial aspects and the participant's commitment. With an OMB Approval number (3245-0140) and an explicit expiration date, it emphasizes the importance of timely and accurate submissions. Completing this form, which estimates a burden of 3 hours per response, involves indicating the grant agency, detailing the applicant organization's address, providing grant or cooperative agreement numbers, outlining the project period, and specifying the project title. Additionally, it necessitates a declaration from the applicant organization about their willingness to share in the project's costs to a minimum specified extent, adhering to the total allowable costs which include both federal grant funds and contributions from the grantee organization. Such declarations must receive confirmation through the signature of an authorized grantee official, reinforcing the form's role in fostering transparency and accountability in grant and cooperative funding arrangements.