FDIC: Operation HOPE, Inc. and FDIC Announce Initiative to Expand Financial Education and Minority/Women-Owned Business Opportunities
The Federal Deposit Insurance Corporation (FDIC) today announced a collaboration with Operation HOPE, Inc., to promote financial education using the FDIC’s Money Smart curriculum and other resources and to help educate minority- and/or women-owned businesses on how to do business with the agency. The arrangement expands upon a longstanding relationship between the FDIC and Operation…
SBA: New Pilot Program Announced to Bolster Cybersecurity Infrastructure of Emerging Small Businesses
SBA will Award $3M in Grants to Help States, Entrepreneurs Combat Rise in Cyber Attacks and Threats Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced $3 million in new funding for state governments to help emerging small businesses across America develop their cybersecurity infrastructure – a priority of the Biden-Harris…
SBA: Business Forward and SBA Launch the “Small Business Digital Alliance”
New Venture Will Convene Major Tech Companies, Players to Provide Small Businesses Free Access to Tools to Expand E-Commerce Footprint Today, the U.S. Small Business Administration (SBA) and Business Forward, Inc., a non-profit organization working with small business leaders in support of policies promoting America’s economic competitiveness, announced the launch of the Small Business Digital Alliance (SBDA). A joint public-private…
Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released
The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic, as well as other major events such as hurricanes on our nation’s small businesses. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…
EDA: $3 Million in CARES Act Recovery Assistance Invested to Capitalize Revolving Loan Fund to Serve Small Businesses in South Central Louisiana
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million CARES Act Recovery Assistance grant to the South Central Planning and Development Commission, Houma, Louisiana, to capitalize and administer a Revolving Loan Fund. This grant will provide gap financing to small, local businesses in…
CFPB: Agency to Examine Colleges’ In-House Lending Practices
CFPB Publishes Oversight Protocols for Institutional Student Lending Today, the Consumer Financial Protection Bureau (CFPB) announced it will begin examining the operations of post-secondary schools, such as for-profit colleges, that extend private loans directly to students. The CFPB is issuing an update to its exam procedures including a new section on institutional student loans. As…
Census Bureau: Household Pulse Survey Phase 3.3 Monthly Data Released
The U.S. Census Bureau today released new data from phase 3.3 of the experimental Household Pulse Survey (HPS). The HPS is now a monthly release as current changes in data no longer warrant a biweekly data collection, and we work to reduce respondent burden. This phase includes updated vaccination questions that expand response options for the number…
HUD: Disaster Assistance Announced for Alaska Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Alaska affected by severe storms, straight-line winds, flooding, landslides, and mudslides from October 29 to November 1, 2021. On January 15, President Biden issued a major disaster declaration for…
HUD: Disaster Assistance Announced for Tennessee Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Tennessee affected by severe storms, straight-line winds, and tornadoes from December 10 to December 11, 2021. On January 14, President Biden issued a major disaster declaration for the counties…
HUD: $83 Million Announced to Deliver Equitable COVID-19 Relief to Tribal Communities
The U.S. Department of Housing and Urban Development (HUD) today announced the awarding of more than $83 million in Indian Community Block Grant-American Rescue Plan (ICDBG-ARP) grants to 74 Tribal communities to prevent, prepare for, and respond to the COVID-19 pandemic. This is the third round of ICDBG-ARP awards, underscoring the Biden-Harris Administration’s commitment to…