SBA

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 entrepreneurs to government resources so they can recover…

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, N.Y., Inc. (ULR). The new…

SBA: National Veterans Small Business Week Scheduled for November 1st through 5th

Events will highlight the Agency’s efforts to support the Nation’s Nearly 1.8 million veteran-owned small businesses through its 22 Veterans Business Outreach Centers The U.S. Small Business Administration will celebrate the entrepreneurial spirit and resilience of our veteran small business owners during National Veterans Small Business Week, Nov. 1-5, 2021. “National Veterans Small Business Week is a time…

SBA: Hurricane Ida Assistance Has Exceeded $1 Billion

SBA Disaster Relief is Reaching Small Businesses, Homeowners, Renters, and Nonprofits Across Seven Impacted States U.S. Small Business Administration Administrator Isabella Casillas Guzman announced today that the agency has delivered more than $1 billion in disaster rescue funds to small businesses, homeowners, renters, and private nonprofit organizations recovering from damages caused by Hurricane Ida in September….

SBA: New Women’s Business Center Launched in Tulsa, OK

A New Women’s Business Center Will Provide Resources to Help Women Entrepreneurs Start, Grow, And Expand in the Tulsa Area The U.S. Small Business Administration Administrator Isabella Casillas Guzman announced today the launch of a new Women’s Business Center (WBC) in Tulsa, OK that will be operated by the U.S. Black Chambers Inc., in partnership with the…

SBA: New Shuttered Venue Operators Grant Supplemental Awards Begun

Program has delivered over $10 billion in economic relief to 12,000 venues across the nation Today, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced the SBA began supplemental award notifications to eligible applicants this week, through the Shuttered Venue Operators Grant (SVOG) program. Thus far, the SBA has awarded over $10 billion in economic relief to nearly 12,000 venues, providing…

SBA: New PPP Milestone Reached with One Million Borrowers Applying for Direct Forgiveness in Less than Two Months

Administrator Guzman highlights new Direct Forgiveness Portal and other innovations as critical to accelerating reviews and approvals The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less.   “We are committed to…

SBA: Hurricane Ida Assistance Tops $110 Million

SBA Disaster Relief is Reaching Small Businesses, Homeowners, Renters, and Nonprofits Across Impacted States Isabella Casillas Guzman, Administrator of the U.S. Small Business Administration (SBA) announced today that the agency has delivered more than $110 million in disaster rescue funds to small businesses, homeowners, renters, and nonprofit organizations recovering from damages caused by Hurricane Ida earlier this…

SBA: $5.4 Million in Prizes Announced to Nearly 100 Awardees to Support Inclusive Entrepreneurship in the Innovation Ecosystem

Today, U.S. Small Business Administration Administrator Isabella Casillas Guzman announced 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the Small Business Innovation Research (SBIR) Catalyst competition, a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale, receiving a combined total of $5.4 million in awards.  This important…

SBA: National Small Business Week Virtual Summit Highlights Resiliency and Recovery

Prominent small business investors, entrepreneurs, and mentors address nearly 50,000 attendees The U.S. Small Business Administration announced today that this year’s National Small Business Week (NSBW) Virtual Summit drew more than 47,000 participants for the three-day virtual summit. Attendees heard from celebrity business owners, investors, entrepreneurs, and lead advisors from across the small business community, and connected with fellow…