SBA: Million Dollar Pitch Competition to Stream on Prime Video and YouTube on October 20th
Five entrepreneurs will take the stage to compete, alongside Nicki Minaj, Grant Cardone, Joe Gebbia, and Dean Cain on October 20th Today, the U.S. Small Business Administration (SBA) announced that its Million Dollar Pitch Competition will stream starting October 20 on Prime Video and YouTube. The high-stakes contest, hosted by Dean Cain and judged by celebrity entrepreneurs Nicki Minaj, Grant Cardone, and…
SBA: $1.05 Million in Grant Awards Announced for Specialized Veteran Entrepreneurship Training
Programs Will Further Equip Veteran Entrepreneurs to Support America’s Industrial Strength Today, the U.S. Small Business Administration (SBA) announced $1.05 million in grants to five organizations for new entrepreneurial training programs focused on veteran business ownership and growth in sectors vital to America’s supply chains, industrial strength, and economic resilience. Operating through April 30, 2027, the programs…
SBA: Agency & Department of War Sign Landmark Agreement to Supercharge Strategic Investment in America’s Defense Industrial Base
Initiative Operationalizes Smaller War Plants Commission to Expand Military Capabilities Through Small Business Suppliers Today, the U.S. Small Business Administration (SBA) and the U.S. Department of War (DoW) announced a new memorandum of agreement building on the Smaller War Plants Commission (SWPC) to expand access to strategic capital for small businesses in the defense industrial base. By aligning DoW’s strategic-investment capabilities…
EDA: U.S. Department of Commerce Invests $40 Million to Support Economic Development Projects in Seven States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $40 million in awards for projects in seven states. The awards were provided through EDA’s FY 2025 Public Works and Economic Adjustment Assistance programs, which leverage existing regional assets and fund the implementation of economic development strategies to support distressed communities. The EDA awards…
EDA: U.S. Department of Commerce Invests $10.4 Million in Disaster Supplemental Funding to Support Economic Development Projects in Three States
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced $10.4 million in Disaster Supplemental funding awards to three states, which were impacted by storms and natural disasters in 2023 and 2024. The EDA awards announced today are: “The FY 2025 Disaster Supplemental Grant Program ensures that communities devastated by natural disasters are not just supported…
SBA: Over $7 Million Awarded to Create Nine New Regional Innovation Clusters
New RICs Will Counsel Small Business Suppliers Across Critical Supply Chains, Expanding Domestic Industrial Capacity Today, the U.S. Small Business Administration (SBA) announced more than $7 million in awards to establish nine new Regional Innovation Clusters (RICs) supporting small businesses and startups in biotechnology, defense, advanced manufacturing, and transportation. The clusters will serve as regional hubs connecting…
SBA: $3.75 Million Awarded to Train Veteran-Owned Small Businesses to Compete for Federal Contracts
New Training Program Offers Veterans an Onramp into Federal Procurement Today, the U.S. Small Business Administration (SBA) announced it has awarded a $3.75 million grant over five years to the Maryland-based Montgomery County Chamber of Commerce Community Foundation Veterans Institute for Procurement (MCCCF-VIP). The organization will operate the Veteran Federal Procurement Entrepreneurship Training Program (VFPETP), a nationwide initiative…
SBA: $5.3 Million Awarded to Expand National Women’s Business Center Network
New Centers Will Support Women Entrepreneurs in Florida, Pennsylvania, Tennessee, Texas, and West Virginia Today, the U.S. Small Business Administration (SBA) announced five grant recipients under its new Women’s Business Center (WBC) Modernization Initiative, awarding a combined $5.3 million to expand statewide support networks for women entrepreneurs in Florida, Pennsylvania, Tennessee, Texas, and West Virginia. The Initiative…
Treasury: Trump Administration Advances the Establishment of America’s First Nationwide School Choice Program
Treasury and IRS Issue Proposed Regulations to Implement the Education Freedom Tax Credit The U.S. Department of the Treasury and the Internal Revenue Service issued proposed regulations to implement the new Federal Scholarship Tax Credit under section 25F, commonly known as the Education Freedom Tax Credit, the first federal tax credit supporting private contributions for K-12…
CDFI Fund: Public Comment Requested on Annual Certification and Data Collection Report (ACR) and Abbreviated Transaction Level Report (ATLR)
The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S….