Small Business

EDA: $1.1 Million in American Rescue Plan Funds Invested to Provide Technical Assistance to Small Buisnesses in South San Francisco, CA

Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.1 million American Rescue Plan Economic Adjustment Assistance grant to the city of South San Francisco, California, to develop the North County Business Resource Center. The new facility will benefit low and moderate income. and previously underserved…

Census Bureau: Small Business Pulse Survey Phase 8 Begun

The U.S. Census Bureau today announced the beginning of data collection for Phase 8 of the Small Business Pulse Survey (SBPS). This experimental survey was designed and launched in April 2020 to measure the effect of changing business conditions during the coronavirus pandemic. It has also proven valuable in measuring the impact of other major events such…

SBA: $150,000 Announced to Fund Historic Women’s Business Center Expansion in Alaska

The New Funding Will Support the SBA’s First WBC in Alaska in a Decade. This WBC is the Latest in a Series of Historic Openings to Reach Underrepresented Communities Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, announced the availability of $150,000 for a new…

SBA: New Funding Announced to Expand Outreach Center for Women Entrepreneurs through Minority Serving Institutions

$1.5M Will be Awarded to Support the Expansion of the Agency’s Women’s Business Centers Across HBCUs and Higher Education Institutions Serving Hispanic, Tribal and AAPI Communities Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, announced the availability of $1.5 million…

SBA: Updated Guidance Announced Regarding Deadline for Targeted EIDL Advance Program Reevaluations

Submissions for Targeted Advance Reevaluation Requests Due by Feb. 15 Today, the U.S. Small Business Administration (SBA) announced updated guidance for those small businesses that have already applied for the Targeted EIDL Advance program, received a decline, and are interested in applying for reevaluation. Specifically, the following updated guidance is being provided: Current Targeted EIDL Advance applicants: Those…

SBA: New Tribal Consultation Policy Signed Committing to Continued Equitable Access for Indian Country Businesses

Today, Administrator Isabella Casillas Guzman head of the U.S. Small Business Administration (SBA), and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet signed the Agency’s Tribal Consultation Policy of 2022. The Agreement, which directs the SBA’s coordination with Tribal governments, also recognizes the Federal Government’s unique relationship with Native American governments and its responsibility to…

ABA: Credit Market Expectations for Businesses and Consumers Confirm Solid Economic Outlook

Bank economists expect credit conditions to continue improving for both consumers and businesses over the next six months, according to the American Bankers Association’s latest Credit Conditions Index released today. The latest summary of ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced by ABA’s Economic Advisory Committee…

SBA: New Pilot Program Announced to Bolster Cybersecurity Infrastructure of Emerging Small Businesses

SBA will Award $3M in Grants to Help States, Entrepreneurs Combat Rise in Cyber Attacks and Threats Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced $3 million in new funding for state governments to help emerging small businesses across America develop their cybersecurity infrastructure – a priority of the Biden-Harris…

SBA: Business Forward and SBA Launch the “Small Business Digital Alliance”

New Venture Will Convene Major Tech Companies, Players to Provide Small Businesses Free Access to Tools to Expand E-Commerce Footprint Today, the U.S. Small Business Administration (SBA) and Business Forward, Inc., a non-profit organization working with small business leaders in support of policies promoting America’s economic competitiveness, announced the launch of the Small Business Digital Alliance (SBDA). A joint public-private…

Census Bureau: Small Business Pulse Survey Phase 7 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 7 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic, as well as other major events such as hurricanes on our nation’s small businesses. SBPS complements existing Census Bureau data by providing detailed, near real-time information on…