Census Bureau: Number of Women-Owned Employer Firms Increases
Women-owned employer firms in the United States increased by approximately 2.8 percent in 2016 to 1,118,863 from 1,088,466 in 2015, according to findings from the U.S. Census Bureau’s 2016 Annual Survey of Entrepreneurs. The data also shows that women owned approximately 20.0 percent (1,118,863) of all employer businesses (5,601,758) nationwide. Additionally, about one-quarter (289,326 or…
CDFI Fund: Application Demand for 2018 Round of NMTC Program Released
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced today that it received a total of 214 applications under the 2018 round of the New Markets Tax Credit Program (NMTC Program). The NMTC Program advances economic development in economically distressed communities by making tax credit allocations available to Community Development…
EDA: $703,000 Investment Made for Critical Infrastructure Improvements to Support Business Growth in Watertown, NY
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $703,000 grant to the Jefferson County Industrial Development Agency of Watertown, New York, to make water and fiber-optic cable infrastructure improvements needed to attract business development at the new complex located at the Watertown International Airport. According to grantee estimates, the project is…
EDA: $615,000 Investment Made for Critical Infrastructure Improvements to Support Business Growth in Brunswick, ME
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $615,000 grant to the Midcoast Regional Redevelopment Authority of Brunswick, Maine, to repair and upgrade sanitary sewer pumps needed to support industrial and commercial business development in the community. “We commend the Midcoast Regional Redevelopment Authority for working to generate economic opportunities by…
SBA: Award Nominations Open for 2019 National Small Business Week Awards
The U.S. Small Business Administration is now accepting nominations for its 2019 National Small Business Week Awards, including the annual Small Business Person of the Year. Since 1963, National Small Business Week has recognized the outstanding achievements of America’s small businesses for their contributions to their local communities, and to our nation’s economy. “This is…
HUD: $1.5 Billion Disaster Recovery Plan Approved for Puerto Rico
Action plan focuses on housing, infrastructure and economic development WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced HUD has approved a $1.5 billion disaster recovery plan to help citizens in Puerto Rico to recover from Hurricanes Irma and Maria. Puerto Rico recently submitted the plan for HUD’s review…
SBA: Celebrating 65 Years of Service to America’s Entrepreneurs
Today, the U.S. Small Business Administration (SBA) marks 65 years of serving as a voice and ally to millions of small businesses. Since its founding on July 30, 1953, SBA has connected small businesses with access to funding, mentoring, counseling, and when disaster strikes, support to recover and get back to business. “The SBA has…
HUD: $616 Million Florida Disaster Recovery Plan Approved
Funding will target housing, infrastructure and economic development recovery WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help Floridians recover from Hurricane Irma. In November, HUD allocated $616 million to the Sunshine State to support long-term recovery efforts. The Florida…
Census Bureau: 2017 Economic Census Deadline is June 12th
The 2017 Economic Census is currently collecting data for approximately 3.7 million business locations. With the June 12 deadline approaching, U.S. businesses nationwide, including those in U.S. territories, are asked to report their 2017 year-end numbers for each business location, including sales or revenue, employment, payroll and industry-specific information. The U.S. Census Bureau began notifying…