SBA: Council on Underserved Communities Holds First Virtual Meeting

On Tuesday, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, joined John W. Rogers, Jr., Chairman of the Council on Underserved Communities (CUC), to hold the first meeting of the reconvened council. “I’m excited for this kick-off as the […]

SBA: $1.1 Million in Awards Announced to Support Native American Entrepreneurs

The U.S. Small Business Administration (SBA) announced the awardees of $1.1 million in grants and contracts to promote the development, success, and long-term sustainability of Native American-owned businesses.  “Native-owned small businesses are vital to our shared economic future, and the SBA is committed to engaging and supporting them. The $1.1 million in […]

SBA: Members of the Council on Underserved Communities Announced

John W. Rogers Jr. and 14 Distinguished Leaders Appointed to Reconvened CUC will develop policy recommendations for American Indian, Alaska Native, Native Hawaiian, and other underserved small business owners Today, U.S. Small Business Administrator Isabella Casillas Guzman announced the leaders who will serve on the reconvened Council on Underserved Communities (CUC) authorized […]

SBA: Plans Announced to Elevate the Office of Women’s Business Ownership

The proposed change reflects the importance of women entrepreneurs held by the Biden-Harris Administration and SBA Today, U.S. Small Business Administration Administrator Isabella Casillas Guzman announced that the SBA intends to elevate its Office of Women’s Business Ownership (OWBO) to directly report to the Office of the Administrator. Under Administrator Guzman, the SBA has […]

SBA: New Fact Sheet Details Help Provided to America’s Small Businesses in Recovering from the COVID-19 Pandemic

While the holidays may still look a little different this year, the U.S. has made significant strides to ensure Americans can safely congregate with their loved ones for the Thanksgiving holiday and take part in celebrations to shop local and small on Small Business Saturday. Last year, shoppers came together […]

SBA: Guidance Announced Regarding Applicant Deadlines for COVID Economic Injury Disaster Loan Program

Agency Strongly Encourages Submission of Supplemental Advance Applications by December 10; All Applications Due by December 31 Today, the U.S. Small Business Administration (SBA) announced updated guidance for COVID Economic Injury Disaster Loan (EIDL) program applicants to better serve small business owners in need, while funding remains available. Since its inception, the […]

SBA: Five New Regional Innovation Clusters Announced

Newly-designated Clusters Collectively Awarded $1.5M to Support Small Business Growth and Drive Innovation in Local Economies The U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced the addition of five new Regional Innovation Clusters (RIC) to the portfolio of communities the agency supports through the program. RICs are geographically-concentrated networking hubs of small […]

SBA: $44.8 Billion through Signature Small Business Lending Programs Announced

In fiscal year 2021, 7(a) and 504 loan programs provided more than 61,000 loans, but gaps in access to capital for underserved communities remain Today, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced the agency reached $44.8 billion in funding to small businesses through more than 61,000 traditional loans for fiscal year […]

SBA: Community Navigator Pilot Program Grantees Announced

51 Grantees Selected Nationwide to Serve as Hubs Connecting Disadvantaged Small Businesses with Government Resources  Today, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman  announced grantees for the Biden-Harris Administration’s Community Navigator Pilot Program, an American Rescue Plan initiative designed to reduce barriers that all small businesses, including those owned by disadvantaged groups such as veterans, women, and those from rural communities and communities of color, often face in accessing critical support. The Community Navigator Pilot Program will provide $100 million in funding to 51 organizations that will work with hundreds of local groups to connect America’s […]

SBA: New Women’s Business Center in Rochester, New York Announced

The new resource hub will increase access to opportunities and recovery solutions for women entrepreneurs in Upstate New York. The U.S. Small Business Administration Administrator Isabella Casillas Guzman announced today the launch of a new Women’s Business Center (WBC) in Rochester, NY, which will be operated by the Urban League of Rochester, […]