Entrepreneurs

SBA: New, Free Online Digital Learning Platform Launched

Ascent built to assist nearly 13 million women-owned small businesses The U.S. Small Business Administration Administrator Jovita Carranza, today announced the launch of Ascent, a first-of-its-kind, free digital e-learning platform geared to help women entrepreneurs grow and expand their businesses. Ascent has valuable content such as tips on preparing and recovering from disasters, strategic marketing and business financial strategy…

SBA: PPP Re-Opening and New Guidance Announced

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday,…

SBA: Largest Expansion of Women’s Business Centers in 30 Years Launched

20 Women’s Business Centers to Open Across America Supporting Women-Owned Small Businesses The U.S. Small Business Administration today announced grant funding and the historic launch of 20 new Women’s Business Centers (WBC) across America to serve rural, urban and underserved communities alike.  The opening of the 20 new WBCs is the largest single expansion of WBCs across America in…

EDA: $2 Million Invested to Expand Business Incubator in Stateboro, GA Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Downtown Statesboro Development Authority, Statesboro, Georgia, to boost business growth and resiliency efforts by expanding the City Center Business Incubator. The EDA grant, to be located in a Tax Cuts and Jobs Act Opportunity…

EDA: $600,000 Invested to Boost Workforce Training and Entrepreneurial Growth Efforts in Lawrence, MA Opportunity Zone

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to Lawrence Partnership Inc., Lawrence, Massachusetts, to promote workforce training, job creation, entrepreneurial growth, and private investment in northeastern Massachusetts by expanding the Lawrence Revolving Test Kitchen. The project, to be located in a Tax Cuts and Jobs ActOpportunity Zone, will…

SBA: National Veterans Small Business Week Kicks Off November 2nd

SBA hosts annual events honoring and connecting America’s 2.5 million veteran-owned small businesses to local entrepreneurial resources The U.S. Small Business Administration will celebrate veteran, service member and military spouse small business owners nationwide during National Veterans Small Business Week, Nov. 2-6, 2020. “National Veterans Small Business Week is the perfect time to reflect on the accomplishments of…

EDA: $2.8 Million Invested to Establish Business and Technology North Park in Weatherford, OK

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.8 million grant to the city of Weatherford and the Weatherford Industrial Trust, Weatherford, Oklahoma, to boost manufacturing, energy, industrial, and commercial development by establishing the Weatherford Business and Technology North Park. The EDA grant, to be…

EDA: $7.8 Million Invested to Establish a Bioscience and Technology Incubator Facility in Lawrence, KS Opportunity Zone

 Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $7.8 million grant to the Bioscience & Technology Business Center at the University of Kansas in Lawrence, Kansas, to build a new facility to increase entrepreneurial and research opportunities in the bioscience and technology sector. The EDA…

EDA: U.S. Department of Commerce Launches $25 Million SPRINT Challenge to Address Coronovirus Pandemic Through Entrepreneurship and Innovation

Today, U.S. Secretary of Commerce Wilbur Ross announced the opening of the Economic Development Administration’s (EDA) new Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge, which will enable organizations across the country to address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation. The SPRINT Challenge is a…

EDA: $2 Million Invested to Construct Business Incubator to Support Entrepreneurial Development in Laurinburg, NC

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Scotland County Economic Development Corporation, Laurinburg, North Carolina, to construct a new business incubator to provide workspace for startup companies and expanding industries. The EDA grant, to be matched with more than…