SBA: Women Empowerment and Entrepreneurship Celebrated with Opening of Mississippi Women’s Business Center
New resource will increase opportunities and accelerate economic recovery solutions for women entrepreneurs, particularly in disadvantaged communities The U.S. Small Business Administration today announced grant funding for a new SBA Women’s Business Center in Mississippi, which will be hosted by Alcorn State University, a designated historically black college and university (HBCU) in Claiborne County, Mississippi. “The SBA’s…
SBA: National Small Business Week to Kick-Off September 22-24
Today, Jovita Carranza, Administrator of the U.S. Small Business Administration, announced the kick-off for National Small Business Week. The virtual event, rescheduled from May due to the coronavirus pandemic, will be held September 22-24. National Small Business Week honors the nation’s small businesses, many of which are veteran, women and minority-owned, for their achievements and dedication to…
EDA: U.S. Department of Commerce Kicks Off STEM Talent Challenge, Strengthening Regional Innovation Economies
Today, U.S. Secretary of Commerce Wilbur Ross announced the opening of the Economic Development Administration’s (EDA) STEM Talent Challenge, which aims to support organizations’ efforts to boost local science, technology, engineering, and math (STEM) talent and workforce development models across the nation’s growing innovation economies. The $2 million STEM Talent Challenge will provide funding to…
EDA: $2 Million Invested to Develop Food Processing Business Incubator in Battle Creek, MI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Battle Creek Unlimited, Battle Creek, Michigan, to develop a food processing incubator to serve the region’s food processing firms. The EDA grant, to be matched with $2 million in local funding, is expected…
SBA: Virtual Military Spouse Entrepreneur Summit to be Held Wednesday, August 19th
The U.S. Small Business Administration will host a virtual “Military Spouse Entrepreneur Summit” in collaboration with Second Lady of the United States Karen Pence and the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes on Wednesday, Aug. 19 from 1-3:30 p.m., EDT. This free event will connect military spouses with resources and information available to help them start or…
SBA: New Members Appointed to the National Small Business Development Center Advisory Board
SBA Administrator Jovita Carranza today announced the appointment of six new members to the National Small Business Development Centers (SBDC) Advisory Board. “We are delighted to welcome new board members who bring with them a strong business acumen and extensive knowledge to the SBDC Advisory Board,” said SBA Administrator Jovita Carranza. “The SBDC Advisory Board has played an…
SBA and Treasury: New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program Announced
Today, the U.S. Small Business Administration, in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020. In addition to revising the full forgiveness application, SBA also published a new…
SBA: Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Nonprofits Impacted by COVID-19
To further meet the needs of U.S. small businesses and non-profits, the U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19 today. “The SBA is strongly committed to working around the clock, providing dedicated emergency assistance to the small businesses…
Federal Reserve: Announcing the Puerto Rico Nonprofit Leadership Development Initiative
The Puerto Rico Nonprofit Capacity Building Network, a collaboration among Enterprise Community Partners (Enterprise), NeighborWorks America (NeighborWorks) and Fundación Comunitaria de Puerto Rico (FCPR), today announced the six Puerto Rico nonprofits selected for the inaugural cohort of the Puerto Rico Leadership Development Initiative. The six nonprofits, representing all major regions across the island, will each receive a $35,000 grant, technical assistance, one-to-one staff mentoring, peer learning…
SBA: Launch of New Maryland Women’s Business Centers Celebrated
Increases Opportunities and Recovery Solutions for Women Entrepreneurs with Two New Women’s Business Centers The U.S. Small Business Administration announced today the launching of two Maryland Women’s Business Centers hosted by Morgan State University in Baltimore and Maryland Capital Enterprises in Salisbury. These new centers will carry out the mission of helping women-owned small businesses start, grow, and expand…