Industry News

SBA: Funding Opportunity Announced through the State Trade Expansion Program

 The U.S. Small Business Administration (SBA) announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program (STEP). The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in, and capable of providing assistance, guidance and tools to qualified small businesses looking to engage in export-related…

SBA: National Small Business Week Kicks Off in Washington, D.C. May 5-6

America’s top small businesses to be honored for their achievements Acting Administrator Chris Pilkerton, the head of the U.S. Small Business Administration, will kick off the 2019 National Small Business Week events in Washington, D.C. on May 5-6. Small business owners, industry leaders and other award winners from around the country will gather in D.C. to be recognized…

ABA: Ohio Small Business Wins SBA’s 2019 Exporter of the Year Award

EarthQuaker Devices has been named 2019 Small Business Exporter of the Year by the U.S. Small Business Administration (SBA). The Akron, Ohio-based company will be officially recognized during National Small Business Week, an annual event honoring the accomplishments and contributions of the best small businesses in the nation. The award will be presented to EarthQuaker Devices’ Founder/President Jamie…

SBA: St. Louis Investment Firm Named Small Business Investment Company of the Year

Eagle Fund III, LP of St. Louis, Missouri  has been named the 2019 Small Business Investment Company (SBIC) of the Year by the U.S. Small Business Administration.  Eagle, along with other national winners and finalists for the National Small Business Person of the Year, have been invited to a recognition ceremony as part of National Small…

ABA: Banks Urged to Submit Nominations for ABA Foundation’s Community Commitment Awards

Deadline for entries is July 12 ​WASHINGTON — Starting today, the American Bankers Association Foundation urges banks across the nation to submit nominations for its sixth annual Community Commitment Awards. The awards, one of the industry’s top honors for extraordinary bank commitment to communities, recognizes innovative, high-impact programs that improve the quality of life for the…

HUD: Council on Foundations and HUD Announce Winners of Secretary’s Award for Public-Philanthropic Partnerships

Today, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations announced the 2019 winners of the Secretary’s Award for Public-Philanthropic Partnerships. The awards recognize innovative partnerships between foundations and government that have been critical in transforming communities and improving the quality of life for low-and moderate-income residents across the country….

SBA: Colorado Enterprise Fund Wins SBA’s 2019 Jody C. Raskind Lender Award

Colorado Enterprise Fund (CEF), a Colorado-based SBA 504 CDC Lender, Community Advantage Lender and Microloan Intermediary, has been selected as this year’s Jody C. Raskind Award recipient.  This recognition is presented annually by the U.S. Small Business Administration to a mission-focused lender that has distinguished itself in helping small businesses start, grow and expand. The award will…

EDA: Investment Made to Support Business Development at Blue Lake Rancheria in California

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing in a business incubator that will facilitate $3.15 million in private investment and create at least 34 new jobs at Blue Lake Rancheria in California. “The Trump Administration is continuing to work diligently to help rebuild communities devastated…

HUD: National Association of Home Builders to Co-Host HUD Innovative Housing Showcase

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department’s inaugural “Innovative Housing Showcase.” The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019, to educate policy makers and the broader public on the new housing innovations…

CDFI Fund: FY 2019 Funding Round of BEA Program Now Open

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2019 application round for the Bank Enterprise Award Program (BEA Program). Application materials are now available on the BEA Program page of the CDFI Fund’s website in anticipation of the publication of the FY 2019 Notice of Funds…