SBA: Empower to Grow Announced, a Revitalization of the 7(j) Training Program to Enhance Small Disadvantaged Business Contract Readiness
Improvements to 7(j) Training Program Comes as SBA Releases New Data Showing Increase in Contracting Dollars for Small Disadvantaged Businesses Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced a slate of major improvements to the implementation of the…
EDA: $3.1 Million Invested to Support Economic Growth in Iberia Parish, LA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3.1 million grant to Sewerage District No. 1 of Iberia Parish, New Iberia, Louisiana, for wastewater infrastructure improvements to support business and research growth in the Acadiana region. This grant will support the design and construction of a…
EDA: $2.3 Million Invested to Support Boatyard Modernization at the Port of Port Townsend, WA
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to the Port of Port Townsend, Washington, to support the acquisition of critical maritime infrastructure needed to expand port operations. This grant will support the acquisition of a new, variable-width boat hoist with a 300-ton…
EDA: $1.2 Million Invested to Support Tribal Disaster Planning in Southwest Washington State
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.2 million grant to the Shoalwater Bay Indian Tribe, Tokeland, Washington, to prepare local infrastructure for natural disasters. This grant will support the development of a Master Community Relocation Plan to move Tribal facilities away from potential natural…
EDA: $888,789 Invested to Support Growth of Maritime Sector in Aleutians East Borough, AK
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $888,789 grant to the city of King Cove, Alaska, for critical infrastructure improvements needed to support the region’s fisheries industry. This grant will provide for a new mobile boat hoist necessary to increase capacity in the region’s essential fishing industry. This EDA…
HUD: Proposed Rule Published to Promote Economic Development in Underserved Communities
The Notice of Proposed Rulemaking for HUD’s Community Development Block Grant (CDBG) and Indian Community Development Block Grant Programs (ICDBG) would bolster economic and community development in underserved communities across the country. The U.S. Department of Housing and Urban Development (HUD) published a Notice of Proposed Rulemaking in the Federal Register to update regulations for…
SBA: One-Year Anniversary of Veteran Small Business Certification Program Marked
VetCert Program Approved More than 10,000 Applications Averaging 15-Day Processing Times Today, the U.S. Small Business Administration (SBA) marks the one-year anniversary of the agency accepting applications through the Veteran Small Business Certification (VetCert) program, the SBA’s primary certification vehicle to expand federal contracting opportunities for all Veteran-Owned Small Businesses (VOSBs) and Service-Disabled Veteran-Owned Small Businesses (SDVOSBs). This effort is…
SBA: Growth Accelerator Fund Competition Opened January 8th to Expand and Strengthen the National Innovation Ecosystem
Organizations will compete in two stages for $50,000 to $200,000 in prizes; SBA to award up to $3 Million in Stage One Prizes Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses and startups, announced the opening of the 2024 Growth…
SBA: Further Action Announced to Help PPP and COVID EIDL Borrowers
SBA Introduces 60-Day Goodwill Exception Period, Expands Hardship Accommodation Plans The U.S. Small Business Administration (SBA) has announced expanded flexibility and accommodations for COVID EIDL and PPP borrowers to help bring them into compliance and avoid the repercussions of defaulting on a government loan. For COVID EIDL and PPP borrowers with loans under $100,000, the SBA has…
EDA: 22 Recompete Pilot Program Finalists Announced
As part of President Biden’s Investing in America agenda, Department of Commerce selects communities primed to reduce unemployment and establish long-term economic growth to compete for implementation awards The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today will announce the 22 finalists of the Distressed Area Recompete Pilot Program (Recompete)….