SBA: New Disaster Loans Offered with No Interest and No Payments for First Year
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the Agency will waive the interest rate for the first year on new disaster loans and extend the initial payment deferment period automatically to 12 months. “We must ensure that communities…
SBA: Statement on the Restaurant Revitalization Fund
Today, the U.S. Small Business Administration (SBA) issued the following statement regarding the status of the Restaurant Revitalization Fund. “This week, the U.S. Small Business Administration (SBA) began distribution of returned funding in the Restaurant Revitalization Fund (RRF) program, following the program’s closure in June 2021. In doing so, the SBA worked with the advice of the Department of…
SBA: Administrator Guzman Calls on Americans to “Shop Small” on Small Business Saturday Across America
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, calls on Americans to “Shop Small” throughout this holiday season and on Small Business Saturday, which falls on November 26. “As our economy continues to stabilize, it’s more important than ever that…
Census Bureau: New Data Released on Minority-Owned, Veteran-Owned, and Women-Owned Businesses
The U.S. Census Bureau today released new estimates on the characteristics of employer businesses. According to the 2021 Annual Business Survey (ABS), which covers reference year 2020, approximately 1.15 million or 19.9% of employer businesses in 2020 were minority-owned; 320,864 (5.6%) were veteran-owned; and around 1.24 million (21.4%) were owned by women. This release also includes demographic data by…
SBA: New SBA Program Launched for Veteran Small Business Certification
New SBA program launch to include one-year extension for certified veteran-owned small businesses Today, during National Veterans Small Business Week (NVSBW), Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced consequential updates to the planned launch of SBA’s new Veteran Small Business Certification Program—including…
SBA: 2022 National Veterans Small Business Week Launches October 31st
Virtual and in-person events highlight the Agency’s efforts to support the nation’s nearly two million veteran-owned small businesses Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced that the SBA will celebrate National Veterans Small Business Week (NVSBW) Oct. 31 – Nov….
SBA: Over $4 Million in New Funding to Expand Veteran Business Owner Outreach Announced
The deadline to apply is November 23, 2022 Today, the U.S. Small Business Administration (SBA) announced a new funding opportunity for up to $400,000 to be awarded to up to 12 entities including private organizations, colleges and universities, private sector firms, nonprofit organizations and state, local or tribal governmental agencies to provide critical training and counseling to aspiring…
EDA: 51 “Build to Scale” Grants Totaling $47 Million Announced to Fuel Innovation and Tech-Based Economic Development
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding 51 “Build to Scale” grants – totaling $47 million – to organizations that support technology entrepreneurs, catalyze innovation and fuel economic growth. EDA’s “Build to Scale” program provides annual grants that aim to accelerate technology entrepreneurship by increasing inclusive access to entrepreneurial…
SBA: Funding Awarded to Organizations Delivering Service-Disabled Veteran Entrepreneurship Training Program
Today, Administrator Isabella Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the awarding of $300,000 in funding to four organizations to deliver existing training programs through the SBA’s Service-Disabled Veteran Entrepreneurship Training Program. “Our veterans and military families are an important source of…
SBA: Over $5.4 Million in Grants Awarded to Strengthen Research Funding Opportunities Across the U.S.
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced over $5.4 million in funding to 44 awardees through the Federal and State Technology (FAST) Partnership Program. FAST provides small businesses and startups, particularly those in underserved communities, with specialized training, mentoring, and…