SBA: Regulatory Changes Finalized to SBA Surety Bond Guarantee Program
The U.S. Small Business Administration has noted two important changes to its Surety Bond Guarantee (SBG) Program that will increase contract opportunities for small contractors, supporting them to grow their business operations. The changes will become effective on September 20, 2017. The SBA will increase the guarantee percentage in the Preferred Surety Bond Program from…
SBA: FY 2017 State Trade Expansion Program (STEP) Awards Announced
The U.S. Small Business Administration today announced that $18 million in funding has been awarded to 44 State international trade agencies through SBA’s competitive State Trade Expansion Program (STEP), to support export growth among U.S. small businesses. STEP is designed to increase both the number of small businesses that begin to export and the value…
SBA: $5 Million Awarded in PRIME Grants to Help Emerging Micro-entrepreneurs Gain Access to Capital
Funds Finance Training & Technical Assistance to Emerging Entrepreneurs; Capacity Building to Provider Organizations Thirty-four community-based organizations across the United States that provide assistance to disadvantaged entrepreneurs are set to receive a combined $5 million in grants from the U.S. Small Business Administration’s Program for Investment in Micro-Entrepreneurs (PRIME). These organizations help low-income entrepreneurs gain…
SBA: Administrator Addresses Federal Regulatory Reform; Small Businesses Encouraged to Comment on SBA Regulations
Administrator Linda McMahon, head of the U.S. Small Business Administration, today encouraged small businesses to comment on the Federal Register notice posted earlier this month. The notice is in response to President Trump’s Executive Order 13777 which aims to ease the burdens placed on America’s small businesses. Under this Executive Order all federal agencies are…
SBA: Grants Awarded to 21 State and Local Economic Development Entities, SBDCs, and Universities to Support R&D Commercialization and Small Business Innovation
The U.S. Small Business Administration has granted up to $125,000 awards in FY 2017 to 16 Federal and State Technology (FAST) Partnership Program recipients including state and local economic development entities, small business development centers, colleges and universities and up to $200,000 awards to five Small Business Technology Development Centers (SBTDCs) that provide support to…
SBA: White House Hosts Small Business Owners During American Dream Week
WASHINGTON – More than 100 small business owners from around the country voiced concerns about taxes, regulations and the need for a skilled workforce at a forum hosted by President Trump at the White House on Tuesday. “America is on the verge of a golden age for small business,” Trump said. “We are ending job-killing…
SBA: Ignite Tour Blazes Across Country
WASHINGTON, D.C. – Administrator Linda McMahon, the head of the U.S. Small Business Administration, today announced the SBA Ignite Tour—a national outreach campaign aimed at fueling small businesses with tools and resources to grow their companies and create more American jobs. McMahon will tour more than 60 cities in two years. Throughout the tour McMahon…
SBA: Ignite Tour Blazes Across the Country
WASHINGTON, D.C. – Administrator Linda McMahon, the head of the U.S. Small Business Administration, today announced the SBA Ignite Tour—a national outreach campaign aimed at fueling small businesses with tools and resources to grow their companies and create more American jobs. McMahon will tour more than 60 cities in two years. Throughout the tour McMahon…
SBA: Nonprofit Organizations Receive Funding for Providing “Boots to Business” Entrepreneurship Training
WASHINGTON – The U.S. Small Business Administration has awarded a total of $2,324,100 to two nonprofit organizations providing “Boots to Business” entrepreneurship training to military service members, military spouses and veterans. This funding, offered by SBA’s Office of Veterans Business Development, will enable the two organizations to deliver Boots to Business—the entrepreneurship track of the Department…
SBA: One Month Left to Apply for Disaster Loans in MO, AR and TN
SACRAMENTO, Calif. – Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West today reminded small nonfarm businesses in 11 Missouri counties and neighboring Arkansas and Tennessee counties of the July 10, 2017, deadline to apply for an SBA federal disaster loan for economic injury. These low-interest loans are to offset economic losses because…