SBA: $9 Million in Grant Funding Announced for the Supply Chain Acceleration and Logistics Enablement (SCALE) Program
Funding will help small firms scale production and support strategic priorities Today, the U.S. Small Business Administration (SBA) announced it is seeking proposals for a new funding competition as part of the Supply Chain Acceleration and Logistics Enablement (SCALE) Program, which will award 20 grants of up to $500,000 each over a two‑year period of performance. The…
SBA: $6 Million Competition Announced for Women’s Business Center Modernization
Statutory Awards to Expand Statewide Support Networks and Access for Women Entrepreneurs Today, the U.S. Small Business Administration (SBA) announced a national competition for $6 million in grant funding as part of a new Women’s Business Center (WBC) Modernization Initiative. Established nearly 40 years ago during the Reagan Administration, the WBC Program offers training and…
SBA: 10 Semifinalists in Freedom 250 Patriot Pitch Competition Announced
National Freedom 250 contest spotlights small businesses driving innovation, creating jobs, and strengthening communities across America Today, the U.S. Small Business Administration (SBA) announced the 10 semifinalists advancing in the Patriot Pitch Competition, the agency’s premier Freedom 250 initiative celebrating 250 years of American free enterprise and the small businesses that drive innovation, create jobs, and generate economic…
SBA: Small Businesses Now Eligible for $10 Million in SBA Financing
New SBA Policy Allows Borrowers to Combine 7(a) and 504 Loans to Double Available Capital Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration(SBA), announced that SBA borrowers may now combine their 7(a) and 504 loans for up to $10 million in SBA-backed financing, an increase from the previous cumulative loan limit of $5 million….
SBA: USDA & SBA Sign MOU to Combat Lawfare Against Farmers, Ranchers, and Small Businesses
New Partnership Gives Producers a Direct Line to Report Costly Regulations and Advance Lasting Reform Today, the U.S. Small Business Administration (SBA) and the U.S. Department of Agriculture (USDA) signed a Memorandum of Understanding (MOU) to combat lawfare targeting farmers, ranchers, rural communities, and small businesses. The agreement gives America’s producers a direct line to report the regulations and…
SBA: Registration Now Open for America’s Seed Fund Summit
Month-long Summit Will Connect Entrepreneurs to Country’s Largest Source of Early-Stage Research and Development Funding Today, the U.S. Small Business Administration announced that registration is now open for America’s Seed Fund Summit, which will take place from July 1 to July 31. The month-long summit will feature a national series of virtual webinars and in-person events designed to connect entrepreneurs,…
SBA: Final Disaster Relief Extension for January 2025 Los Angeles Wildfire Survivors Announced
Agency provides unprecedented access to a record $3.4 billion in low-interest loans to rebuild homes and small businesses Today, the U.S. Small Business Administration (SBA) announced a final extension of disaster relief deadlines for Los Angeles wildfire survivors, as local permitting obstacles and insurance disputes continue to prevent thousands of residents from rebuilding. This action gives approved SBA…
SBA: FY 25 Scorecard for Small Business Contracting Released
Trump Administration Procured $273 Billion in Small Business Goods and Services, Supporting 1.2 Million Jobs Today, the U.S. Small Business Administration (SBA) announced the results of its Fiscal Year (FY) 2025 federal procurement scorecard, which measures how well federal agencies meet their small business contracting goals each year. In FY25, the Trump Administration exceeded the statutory federal…
SBA: SBA and GSA Take Action to Prioritize American-Made Products in Federal Purchasing
Agencies Partner to Remove Foreign Imposters from List of Approved Federal Product Offerings Today, the U.S. Small Business Administration (SBA), in collaboration with the U.S. General Services Administration (GSA), announced new action to remove nearly two dozen foreign product offerings from GSA Advantage!, the list of approved vendors for federal agency procurement. The action comes as a result of meetings held…
SBA: Proposed Rule Reforms 8(a) Business Development Program to End Racial Discrimination in Federal Contracting
Agency issues new proposed rule to dismantle race-based admissions Today, the U.S. Small Business Administration (SBA) released a proposed rule to end racial discrimination in the 8(a) Business Development Program and dismantle the race-based admissions framework that previously barred Americans of certain races from accessing 8(a) set-aside and sole-source contracting opportunities. Under the new rule, individuals will no longer…