Economic Development

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…

CFPB: Strengthening the Financial Future of America’s Young Workers

Each year, millions of young adults enter the workforce and take the first steps toward building their financial futures. Since 2014, the Bureau has worked to help job training programs prepare young adults for the key financial decisions that come with their first paycheck. Through this work, the Bureau has heard from youth employment programs…

CDFI Fund: 2018 NMTC Program Electronic Application Now Available in AMIS

The electronic application for the calendar year (CY) 2018 round of the New Markets Tax Credit Program (NMTC Program) is now available in the Community Development Financial Institutions Fund’s (CDFI Fund) Awards Management Information System (AMIS). The CDFI Fund published the Notice of Allocation Availability (NOAA) for the CY 2018 round in the Federal Register…

SBA: Partnership Announced with Veterans Affairs’ Vocational Rehabilitation and Employment Program

The U.S. Small Business Administration has entered into an agreement with the U.S. Department of Veterans Affairs, through its Vocational Rehabilitation and Employment program. The partnership will give veterans access to self-employment assistance from the SBA, its resource partners, and U.S. Export Assistance Centers. The VA and SBA will work together to prepare veterans, service-disabled…

SBA: Funding Awarded for 22 Veterans Business Outreach Centers

The U.S. Small Business Administration this week announced the awarding of $6.6 million in funding to 22 organizations to provide training and counseling to current and aspiring veteran small business owners as a Veterans Business Outreach Center (VBOC). The funding opportunity, offered by SBA’s Office of Veterans Business Development, is a one-year initial award with…

CDFI Fund: CY 2018 Round of New Markets Tax Credit Program Now Open

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2018 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2018 round….