Entrepreneurs

SBA: $1 Million Announced for Grant Awardees to Expand Resources for Veteran Entrepreneurs

Ohio, Pennsylvania, and Puerto Rico-based Grantees to Offer New Veterans Business Outreach Centers 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 34 million small businesses, announced more than $1 million in grant awards(Link is external) to three organizations in Ohio, Pennsylvania, and Puerto Rico. The…

SBA: Small Dollar Lending and Lending To Underserved Entrepreneurs Continues to Rise as Record 19 Million New Business Applications Filed Since 2021

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 34 million small businesses, announced the Biden-Harris Administration has tripled SBA lending to Black-owned businesses while doubling small-dollar lending and lending to Latino- and women-owned small businesses. The new data comes as the United States reaches a record 19 million(Link…

SBA: Department of Veterans Affairs and SBA Join Forces to Promote Veteran Entrepreneurship

New Agreement Formalizes Collaboration on Nationwide Trainings On August 12, 2024, 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 34 million small businesses, announced the signing of a memorandum of understanding (MOU) between the SBA’s Office of Veterans Business Development (OVBD) and the…

EDA: $2.3 Million Invested to Support Small Business and Entrepreneurial Growth in West Virginia

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $2.3 million in the state of West Virginia to support small businesses and entrepreneurs. The EDA investments announced today are: “The Biden-Harris Administration is committed to ensuring that communities in West Virginia and across the country have the resources…

SBA: $7 Million in PRIME Grants Announced to Serve Low-Income Microentrepreneuers

28 Grants Will Support Training, Program Development to Increase Access to Capital and Grow 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 28 awardees for the 2024 Program for Investment in Microentrepreneurs(Link is external) (PRIME) grant awards, totaling $7 million….

EDA: $574,588 Invested to Support Entrepreneurship Training in Ogden, UT

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $574,588 grant to Weber State University in Ogden, Utah, to expand entrepreneurial support to three Utah regions. This grant will establish the Wildcat Micro Fund and provide business resources and training to support entrepreneurs in underserved and rural areas of Utah. This…

EDA: $500,000 Invested to Support Entrepreneurship on Maryland’s Eastern Shore

Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $500,000 grant to Eastern Shore Entrepreneurship Center in Easton, Maryland, to purchase, position, and equip two modular laboratories. This grant will support the F3 Tech Agbiotech Bioreactors and Lab Equipment project, which will include two large-capacity bioreactors and related lab equipment. This…

SBA: Over $1 Million Invested to Expand Support for Veteran Entrepreneurs

Organizations to Provide Critical Training and Counseling for Startups and Existing Small Businesses Today, the U.S. Small Business Administration (SBA) announced over $1 million in new funding to provide critical training and counseling to aspiring and existing veteran small business owners as a Veterans Business Outreach Center (VBOC).  The new funding opportunity will make awards of up to $400,000 to…

SBA: $30 Million in Grant Funding Announced for New Women’s Business Centers

Under the Biden-Harris Administration, SBA Has Expanded WBCs to Over 150 Nationwide in All 50 States, Washington, D.C., and Puerto Rico 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 four funding opportunities for Women’s Business…

EDA: $3 Million Invested to Establish Business and Entrepreneurship Center in Tulsa, OK

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Tulsa Economic Development Corporation in Tulsa, Oklahoma, to create a business and entrepreneurship center. This grant will provide services, tenant opportunities, and meeting space for local entrepreneurs. This EDA investment will be matched…