SBA: Contributions of Small Businesses Recognized as SBA Celebrates Nearly 70 Years of Service to America’s Entrepreneurs
The U.S. Small Business Administration today marks 68 years of service as a voice for America’s 30 million small businesses and innovative startups. For nearly seven decades, the SBA has been a part of the small business journey for business owners and entrepreneurs, helping them start, grow, expand, and recover from disasters. “Since our founding in 1953,…
SBA: Up to $300,000 Announced to Fund Women’s Business Centers in Puerto Rico
The U.S. Small Business Administration announced the availability of $300,000 for up to two new grant opportunities for established and aspiring Women’s Business Center (WBC) host organizations. When funded, the WBC’s will provide outcome-oriented business services for women entrepreneurs in Puerto Rico. The White House recently held a Working Group meeting that SBA Administrator Isabel Casillas Guzman attended to…
SBA: Opening of Paycheck Protection Program Direct Forgiveness Portal Announced
New portal will streamline applications for loans $150K or less for over 6.5 million businesses The U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA. “The SBA’s new streamlined application portal will simplify forgiveness for…
SBA: New Milestone Reached with $7.5 Billion in Shuttered Venue Operators Grants Awarded to over 10,000 Venues
Unique program distributes grants to venues in the nation’s 50 states and several U.S. territories directly impacted by COVID-19 Today, the U.S. Small Business Administration reached a new milestone of successfully awarding over $7.5 billion in Shuttered Venue Operators Grants (SVOGs) to more than 10,000 hard-hit live entertainment small businesses, nonprofits, and venues. The SVOG program is designed to…
SBA: National SBIR Week Scheduled to Connect Technology Innovators & Entrepreneurs with Research Funding
The U.S. Small Business Administration will host 2021 National SBIR Week on July 19 through July 23 for small business innovators. The virtual event will connect entrepreneurs working on advanced technology to the country’s largest source of early-stage funding – the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The SBA Administrator Isabella Casillas Guzman will…
SBA: Closure of Restaurant Revitalization Fund Program Announced
Over 100k restaurants were awarded $28.6 billion; Average award was $283K Today, U.S. Small Business Administration Administrator Isabel Guzman announces the closure of the Restaurant Revitalization Fund (RRF) program, signed into law by President Joe Biden as part of the American Rescue Plan. The program provided much needed economic aid to restaurants and other establishments struggling to make…
SBA: Humboldt State University Awarded $258,000 to Launch a Veterans Business Outreach Center
The U.S. Small Business Administration awarded over $258,000 in funding to Humboldt State University to provide training and counseling as a Veterans Business Outreach Center (VBOC) serving veteran small business owners in Northern California (to include all counties north of Santa Barbara, Ventura, Los Angeles, and San Bernardino counties). The funding opportunity, offered by SBA’s Office of…
SBA: Extension of $100 Million Grant “Community Navigator Pilot” Program Proposals to July 23, 2021 Announced
Grant program to strengthen outreach to businesses in underserved communities enacted through the American Rescue Plan Today, the U.S. Small Business Administration announced the extended application date for its new Community Navigator Pilot Program. SBA will now accept proposal submissions through July 23, 2021, and anticipates making award decisions by September 2021. This new initiative, established…
SBA: Council on Underserved Communities Reconvened
Administrator Guzman restores Council to address the immediate needs and concerns of underserved and underrepresented communities hit hard by COVID-19 The U.S. Small Business Administration announced today that it is reconvening the Council on Underserved Communities (CUC) under the authority of the Federal Advisory Committee Act (FACA). In conjunction with the Biden-Harris Administration’s agenda, the restoration of…
SBA: Funding Competition Announced for Organizations Providing Federal Procurement Training to Veteran Entrepreneuers
The U.S. Small Business Administration today announced that non-profit organizations and private sector firms are now eligible to compete for funding of up to $500,000 to deliver federal procurement training to veteran and service-disabled veteran entrepreneurs. The application period begins today through July 12, 2021. Up to two awardees will use the $500,000 in total funding…