SBA: Millennium Challenge Corporation and SBA Announce Strategic Collaboration to Advance Emerging Technologies from Small Businesses
The U.S. Small Business Administration and The Millennium Challenge Corporation (MCC) signed a Memorandum of Understanding today to advance emerging technologies and innovations developed through the Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) programs. The SBA/MCC partnership will identify, pilot, and scale innovative technologies to address country-specific needs in sectors such as renewable energy,…
SBA: “Getting Bank on Track: Help Is Here” Webinar Series Launched to Help America’s Small Business Owners and Entrepreneurs
Today, the U.S. Small Business Administration and the non-profit Public Private Strategies Institute will launch a new regional webinar series, “Getting Back on Track: Help is Here,” to provide Main Street entrepreneurs with the information and resources they need to continue to recover from the COVID-19 pandemic. The educational webinars will feature speakers from The White House, the SBA,…
SBA: Last Call for Restaurant Revitalization Fund Applications
Administrator Isabella Casillas Guzman announced that eligible eating establishments have until Monday, May 24, 8 p.m. ET, to submit applications to the Restaurant Revitalization Fund. “If our nation’s food and beverage industry is going to fully recover, we must ensure as many of the hardest-hit businesses get the economic aid they need,” said Administrator Guzman….
SBA: New HUBZones Announced to Expand Federal Contracting Opportunities for Small Businesses
The U.S. Small Business Administration’s Administrator Isabella Casillas Guzman today announced the expansion of HUBZone, a program that provides small businesses in low-income communities that hire low-income residents opportunities to compete in the federal marketplace. The announcement makes Illinois the first state to have the newly created Governor-Designated Covered HUBZones. “This expansion of HUBZone areas in…
SBA: $2.7 Million Grant Awarded for Women’s Business Center Resiliency and Recovery Demonstration
SBA Funding to Support WBC Network COVID-19 Program Innovations The U.S. Small Business Administration (SBA), Office of Women’s Business Ownership (OWBO) is accepting applications for the Women’s Business Centers (WBC) Resiliency and Recovery Demonstration Grant. The purpose of this opportunity is to continue or establish innovative projects that aim to improve service delivery, training, and support provided to women-owned businesses…
SBA: Application Data Results Announced for the Restaurant Revitalization Fund
Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, today is announcing the latest application data results for the $28.6 billion Restaurant Revitalization Fund (RRF), passed as part of the American Rescue Plan, and signed into law by President Joe Biden. The RRF has received more than 147,000 applications from women, veterans, and socially and…
SBA: 16,000 Restaurant Revitalization Fund Awards Funded
First wave of approved restaurant applicants to receive vital American Rescue Plan funding just one week after the SBA opened for applications Today, the U.S. Small Business Administration will begin delivering economic relief from the Restaurant Revitalization Fund, established by the American Rescue Plan and signed into law by President Joe Biden, to more than 16,000 approved…
SBA: Initial Results of Restaurant Revitialization Fund Announced
The SBA receives 186K applications; More than half of applications are from priority underserved business communities Today Administrator Isabella Casillas Guzman announced the initial results of the successful May 3rd launch of the Restaurant Revitalization Fund, showing more than 186,000 applications from restaurants and other food and beverage businesses in all 50 states, the District of Columbia, and…
SBA: Shuttered Venue Operators Grants Reopened for Applications on April 24th at 12:30 p.m. EDT
Applicants can register today; updated documents now available The U.S. Small Business Administration will reopen the Shuttered Venue Operators Grant application portal tomorrow, April 24, 2021, at 12:30 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for…
SBA: Supplemental Targeted Advance Launched for Small Businesses Hardest Hit by COVID-19
The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the COVID-19 pandemic. The…