EDA: U.S. Department of Commerce Invests $8.3 Million to Support Economic Development Projects in Three States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it has invested $8.3 million to support economic development projects in three states. The awards are 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 EDA investments announced today are: “The Economic Development Administration is committed…
EDA: U.S. Department of Commerce Invests $4.9 Million in Disaster Supplemental Funding to Support Projects in States Impacted by Natural Disasters
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is investing $4.9 million in Disaster Supplemental funding to support economic development projects in states impacted by storms and natural disasters in 2023 and 2024. The EDA investments announced today are: “The Economic Development Administration supports infrastructure improvements designed to foster industrial revitalization as well as workforce development projects to help communities recover following storms and natural disasters,” said Deputy…
SBA: Dates Announced for National Small Business Week 2026 Virtual Summit
Free online summit May 5-6 offers educational workshops, networking, and information on federal resources Today, the U.S. Small Business Administration and America’s Small Business Development Center (SBDC) announced the dates for the National Small Business Week 2026 Virtual Summit. The free online summit, cosponsored by America’s SBDC, will take place on May 5 and 6 from 11 a.m. to 6 p.m….
SBA: New “Made in America Loan Guarantee” Announced to Restore Manufacturing Dominance
90% Loan Guarantee will Help Manufacturers Reshore American Industry, Jobs, and National Security Today, the U.S. Small Business Administration (SBA) announced that small manufacturers across the country will soon be eligible for enhanced support through the SBA’s International Trade Loan (ITL) Program. The loans, which come with a 90% federal guarantee, will help manufacturers expand facilities, hire…
SBA: National Small Business Week 2026 Award Winners Announced
Administrator Loeffler to Recognize Honorees during Ceremony in Washington, D.C. on May 3 Today, the U.S. Small Business Administration (SBA) announced its state and territory Small Business Persons of the Year for National Small Business Week (NSBW), which will take place from May 3–9. SBA Administrator Kelly Loeffler will recognize the state, territory, and specialty award winners at a…
SBA: Agency Announces “Grocery Guarantee” to Promote Affordability
90% Loan Guarantee Drives Capital to U.S. Food and Logistics Providers, Reduces Biden-era Price Pressures Today, the U.S. Small Business Administration (SBA) announced that small businesses across America’s food supply chain are now eligible for an enhanced “Grocery Guarantee” through the SBA International Trade Loan (ITL) Program. The loans, which come with a 90% federal guarantee, will…
SBA: Washington Metro Area District Office Relocated to Herndon, VA
Move improves accessibility for small businesses, enhances cost efficiency, and reflects agency’s Main Street First approach Today, the U.S. Small Business Administration (SBA) announced that it has relocated its Washington Metro Area District Office from downtown Washington, D.C., to Herndon, Virginia. The new location provides better access for small business owners and more cost-effective services for taxpayers…
SBA: Agency Celebrates Success of First-Ever Made in America Matchmaking Expo for Suppliers and Manufacturers
675 Small Businesses Connected with Dozens of Large Companies to Reshore American Industry Today, the U.S. Small Business Administration (SBA) announced the results of its inaugural 2026 Supplier Matchmaking Expo, a first-of-its-kind event held last week in partnership with the National Association of Manufacturers (NAM) in Charlotte, North Carolina. The Expo was designed to advance the Made…
SBA: Agency Bans Foreign Nationals from Accessing SBA-Backed Loans
Agency reserves federally guaranteed lending for American citizens Today, in the effort to prioritize American job creators, the U.S. Small Business Administration (SBA) issued a new policy notice to ban foreign nationals and non-citizens from accessing SBA-guaranteed small business loans. The latest notice, which applies to the agency’s Surety Bond and Microloan Programs, builds on the policy change implemented earlier this month –…
SBA: Agency Moves to Terminate Over 620 Firms in 8(a) Federal Contracting Program That Refused to Turn Over Financial Data
Nearly 20% of all 8(a) contractors removed for non-compliance after dramatic expansion under Biden-era DEI push Today, the U.S. Small Business Administration (SBA) initiated termination proceedings to remove 628 firms from the 8(a) Business Development Program after they refused to comply with SBA’s order to turn over three years’ worth of financial documents for review. Last year, the SBA…