SBA: Agency Recognizes Innovative CHOICE Arrangements as Major Win for Small Businesses
Trump Administration Initiative Expands Health Insurance Affordability, Choice, and Coverage Options for Small Businesses and Workers Today, the U.S. Small Business Administration (SBA) joined the U.S. Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) to announce CHOICE Arrangements. Formerly known as Individual Coverage Health Reimbursement Arrangements (ICHRAs),…
SBA: All Star Lineup Unveiled for Million Dollar Pitch Competition
Judges Nicki Minaj, Grant Cardone, and Joe Gebbia to join host Dean Cain at finale in Washington, D.C. Today, the U.S. Small Business Administration (SBA) announced the all-star judging panel and event host for the grand finale of the agency’s Million Dollar Pitch Competition. The judging panel will consist of global music icon and entrepreneur Nicki Minaj,…
EDA: U.S. Department of Commerce Invests $41.6 Million in Disaster Supplemental Funding to Support Economic Development Projects in Five States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $41.6 million in Disaster Supplemental funding awards to five states, which were impacted by storms and natural disasters in 2023 and 2024. The EDA awards announced today are: “The Disaster Supplemental Grant Program was designed to help communities rally and rebuild their local economies…
SBA: Agency and Department of War Establish Smaller War Plants Commission in Historic Effort to Strengthen Defense Industrial Base Capacity
Today, the U.S. Small Business Administration (SBA) and the U.S. Department of War (DoW) announced a historic initiative to expand American military capacity, capability, and resilience by establishing the Smaller War Plants Commission (SWPC). Created through a new Memorandum of Understanding (MOU), the Commission will marshal federal resources to expand production capacity, eliminate burdensome regulations, accelerate innovation, and provide targeted capital…
EDA: U.S. Department of Commerce Invests $9.5 Million to Support Economic Development Projects in Four States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $9.5 million in awards for projects in four states. The awards were provided through EDA’s Public Works and Economic Adjustment Assistance programs, which leverage existing regional assets and support the implementation of economic development strategies to support distressed communities. The awards announced today are:…
SBA: Agency and Department of Energy Partner to Advance President Trump’s American Energy Dominance Agenda
Today, the U.S. Small Business Administration (SBA) and the U.S. Department of Energy (DOE) announced a Memorandum of Agreement (MOA) establishing a strategic partnership to advance President Donald J. Trump’s American energy dominance agenda. Signed by SBA Administrator Kelly Loeffler and Energy Secretary Chris Wright at an event today in Pennsylvania, the agreement establishes the Small Business Investment Company-Energy…
SBA: Proposed Rule Issued to Overhaul & Simplify Small Business Classification & Expand Access to Federal Programs
Size standard proposal would increase small business count by over 110,000 Today, the U.S. Small Business Administration (SBA) proposed a comprehensive overhaul of its small business size standards, modernizing how the federal government defines and classifies small businesses across the United States. Published in a proposed rule, the new standards would simplify industry categorization and raise applicable size thresholds,…
EDA: U.S. Department of Commerce Invests $28.5 Million in Disaster Supplemental Funding to Support Economic Development Projects in Five States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $28.5 million in Disaster Supplemental funding awards to five states, which were impacted by storms and natural disasters in 2023 and 2024. The EDA awards announced today are: “The Disaster Supplemental Grant Program supports American communities recovering from major disasters and puts them on…
SBA: SBA, DOL and OpenAI to Host Inaugural Manufacturing Workforce Expo
Registration open for August 26 job fair, connecting students with jobs and apprenticeships Today, the U.S. Small Business Administration (SBA) announced that its first-ever Manufacturing Workforce Expo will take place on Wednesday, August 26, 2026, at Atlantic Technical College in Coconut Creek, Florida. Co-hosted with the U.S. Department of Labor and OpenAI, the event is designed to…
SBA: Small Businesses Across Energy Sector Now Eligible for 90 Percent Loan Guarantee
New loan guarantee for small producers will support expanded energy capacity, lower energy prices, and stronger supply chain Today, the U.S. Small Business Administration (SBA) announced that small businesses across the energy production supply chain are now eligible for a new 90% Energy Guarantee through the SBA International Trade Loan (ITL) Program. Established as part of SOP 50…