Small Business

SBA: All Star Lineup Unveiled for Million Dollar Pitch Competition

Judges Nicki Minaj, Grant Cardone, and Joe Gebbia to join host Dean Cain at finale in Washington, D.C. Today, the U.S. Small Business Administration (SBA) announced the all-star judging panel and event host for the grand finale of the agency’s Million Dollar Pitch Competition. The judging panel will consist of global music icon and entrepreneur Nicki Minaj,…

SBA: Agency and Department of War Establish Smaller War Plants Commission in Historic Effort to Strengthen Defense Industrial Base Capacity

Today, the U.S. Small Business Administration (SBA) and the U.S. Department of War (DoW) announced a historic initiative to expand American military capacity, capability, and resilience by establishing the Smaller War Plants Commission (SWPC). Created through a new Memorandum of Understanding (MOU), the Commission will marshal federal resources to expand production capacity, eliminate burdensome regulations, accelerate innovation, and provide targeted capital…

SBA: Proposed Rule Issued to Overhaul & Simplify Small Business Classification & Expand Access to Federal Programs

Size standard proposal would increase small business count by over 110,000 Today, the U.S. Small Business Administration (SBA) proposed a comprehensive overhaul of its small business size standards, modernizing how the federal government defines and classifies small businesses across the United States. Published in a proposed rule, the new standards would simplify industry categorization and raise applicable size thresholds,…

SBA: SBA, DOL and OpenAI to Host Inaugural Manufacturing Workforce Expo

Registration open for August 26 job fair, connecting students with jobs and apprenticeships Today, the U.S. Small Business Administration (SBA) announced that its first-ever Manufacturing Workforce Expo will take place on Wednesday, August 26, 2026, at Atlantic Technical College in Coconut Creek, Florida. Co-hosted with the U.S. Department of Labor and OpenAI, the event is designed to…

SBA: Small Businesses Across Energy Sector Now Eligible for 90 Percent Loan Guarantee

New loan guarantee for small producers will support expanded energy capacity, lower energy prices, and stronger supply chain Today, the U.S. Small Business Administration (SBA) announced that small businesses across the energy production supply chain are now eligible for a new 90% Energy Guarantee through the SBA International Trade Loan (ITL) Program. Established as part of SOP 50…

Treasury: FinCEN Permanently Ends Beneficial Ownership Reporting Requirements for Millions of Small Business Owners

Will Delete Information Previously Reported by U.S. Persons Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act. The final rule became effective on August 14, 2026. FinCEN today…

SBA: First-Ever Critical Suppliers Prize Competition Announced to Strengthen U.S. Manufacturing and Supply Chains

Competition Offers $20 Million in Capital to Small Businesses That Will Scale Domestic Production Today, the U.S. Small Business Administration announced its first-ever Critical Suppliers Prize Competition, a national contest to strengthen U.S. manufacturing and critical industry supply chains by expanding capacity at key chokepoints. The competition will award up to $20 million in non‑dilutive capital, including as…

SBA: $10 Million in Grant Funding Announced for the Tribal College and University Manufacturing E2G Initiative

Funding Targets Tribal Colleges and Training Hubs to Strengthen Domestic Manufacturing and Critical Supply Chains Today, the U.S. Small Business Administration (SBA) announced it is seeking funding proposals from tribal colleges, community colleges, and other trade schools on or near tribal lands under its Manufacturing in America Empower to Grow (E2G) Grant Initiative. This grant opportunity will award up to five…

SBA: $50 Million Awarded to Technical Schools and Community Colleges in Support of Small Manufacturers

Competitive E2G Grants Target Key Areas for Reindustrialization Today, the U.S. Small Business Administration (SBA) announced it has awarded $50 million in grants to 11 organizations that will provide training and technical assistance to support small manufacturers in SBA’s Empower to Grow (E2G) Program. The Manufacturing in America E2G Grant Initiative will enable these organizations to deliver hands-on training that builds…

SBA: Agency Celebrates 73rd Anniversary with New SBA.gov; Streamlines Capital and Resources for Small Businesses and Manufacturers

New website realigns agency with its founding mission to power U.S. innovation, production, and Main Street job creators Today, on the 73rd anniversary of the Small Business Act of 1953, the U.S. Small Business Administration (SBA) announced the official launch of its modernized website, SBA.gov, designed to streamline access to capital, counseling, and contracting. The transformation marks a…