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…
SBA: First-Ever Critical Suppliers Prize Competition Announced to Strengthen U.S. Manufacturing and Supply Chains
Competition Offers $20 Million in Capital to Small Businesses That Will Scale Domestic Production Today, the U.S. Small Business Administration announced its first-ever Critical Suppliers Prize Competition, a national contest to strengthen U.S. manufacturing and critical industry supply chains by expanding capacity at key chokepoints. The competition will award up to $20 million in non‑dilutive capital, including as…
SBA: $10 Million in Grant Funding Announced for the Tribal College and University Manufacturing E2G Initiative
Funding Targets Tribal Colleges and Training Hubs to Strengthen Domestic Manufacturing and Critical Supply Chains Today, the U.S. Small Business Administration (SBA) announced it is seeking funding proposals from tribal colleges, community colleges, and other trade schools on or near tribal lands under its Manufacturing in America Empower to Grow (E2G) Grant Initiative. This grant opportunity will award up to five…
SBA: $50 Million Awarded to Technical Schools and Community Colleges in Support of Small Manufacturers
Competitive E2G Grants Target Key Areas for Reindustrialization Today, the U.S. Small Business Administration (SBA) announced it has awarded $50 million in grants to 11 organizations that will provide training and technical assistance to support small manufacturers in SBA’s Empower to Grow (E2G) Program. The Manufacturing in America E2G Grant Initiative will enable these organizations to deliver hands-on training that builds…
SBA: Agency Celebrates 73rd Anniversary with New SBA.gov; Streamlines Capital and Resources for Small Businesses and Manufacturers
New website realigns agency with its founding mission to power U.S. innovation, production, and Main Street job creators Today, on the 73rd anniversary of the Small Business Act of 1953, the U.S. Small Business Administration (SBA) announced the official launch of its modernized website, SBA.gov, designed to streamline access to capital, counseling, and contracting. The transformation marks a…
SBA: Top Five Finalists in Freedom 250 Patriot Pitch Competition Announced
Finalists will compete in Washington, D.C. to win $1 million in total prize funding provided by Clover Today, the U.S. Small Business Administration (SBA) announced the five finalists advancing to the grand finale of the SBA Freedom 250 Patriot Pitch Competition. As part of the nation’s Freedom 250 celebrations, the competition spotlights the small businesses who leveraged…
EDA: U.S. Department of Commerce Announces $34.2 Million in Disaster Recovery Awards for North Carolina
Today, Paul M. Dabbar, U.S. Deputy Secretary of Commerce, announced $34.2 million in Disaster recovery awards for North Carolina, provided by the U.S. Department of Commerce’s Economic Development Administration (EDA). U.S. Representative Chuck Edwards (NC-11); Ben Page, EDA Deputy Assistant Secretary and Chief Operating Officer; and EDA grantees joined him at the announcement, at the…