SBA: Funding Awarded to Veterans Business Outreach Center at the University of Maryland, College Park
The U.S. Small Business Administration today announced the awarding of $400,000 in funding to the University of Maryland, Division of Research to provide training and counseling as a Veterans Business Outreach Center (VBOC) serving veteran small business owners in Washington, D.C., Maryland, Delaware, and Pennsylvania. The funding opportunity, offered by SBA’s Office of Veterans Business Development, has an initial project year of 11 months with up to four additional…
EDA: $1.5 Million in CARES Act Recovery Assistance Invested to Support Small Businesses and the Medical Technology Industry in Michigan
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding $1.5 million in CARES Act Recovery Assistance grants to help the state of Michigan prevent, prepare for, and respond to coronavirus. “President Biden is committed to harnessing the full power of the federal government to ensure our…
Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released
The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…
SBA: Office of Surety Guarantees FY20 Award Winners Recognized
Winners highlighted have more than 524 bonds with contract value of more than $260 million The U.S. Small Business Administration recognizes the Office of Surety Guarantees award winners for their continued work to help small contracting businesses acquire surety bonds. Three SBA surety bond partners were selected to receive awards based on their participation, activity, claims, and…
SBA: 6th Annual Growth Accelerator Fund Competition Launched Including Debut of SBIR Catalyst Awards of Over $5 Million in Prizes
The U.S. Small Business Administration announced its 6th Annual Growth Accelerator Fund Competition (GAFC) with the addition of a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale. The 2021 Growth Accelerator Fund Competition and Small Business Innovation Research (SBIR) Catalyst programs will recognize the nation’s most innovative organizations with inclusive…
SBA: Statement on the Closure of the Paycheck Protection Program
PPP has provided nearly $800 billion to small businesses and nonprofits across the nation, fueling the economy by supporting over 8.5 million small businesses and nonprofits Today, U.S. Small Business Administrator Isabella Casillas Guzman issued the following statement on the closure of the Paycheck Protection Program (PPP) to new loan guaranty applications, which has provided over $798 billion…
Census Bureau: Small Business Pulse Survey Phase 5 Weekly Data Released
The U.S. Census Bureau today released new data from the fifth phase of the Small Business Pulse Survey (SBPS). Data collection began May 17. Results will be released weekly May 27 to July 22. The SBPS includes questions on small business operations and finances, requests and receipt of assistance, COVID-19 vaccinations and testing, measures of overall well-being, and…
EDA: $1.2 Million in CARES Act Recovery Assistance to Support Entrepreneurs and Increase Economic Resilience in Athens, OH
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.2 million CARES Act Recovery Assistance grant to Ohio University, Athens, Ohio, to provide technical assistance for biotech entrepreneurs and modify lab space at its Innovation Center. This EDA grant, to be matched with $304,225 in…
EDA: $750,000 in CARES Act Recovery Assistance Invested to Provide Technical Assistance to Small and Disadvantaged Businesses in Alabama
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $750,000 CARES Act Recovery Assistance grant to Trufund Financial Services, Inc., Birmingham, Alabama, to provide coronavirus recovery and resiliency technical assistance to small and historically disadvantaged minority and women-owned businesses throughout the state. This EDA grant will be matched with $187,500 in…
EDA: $750,000 in CARES Act Recovery Assistance Invested to Provide Technical Assistance and Enhance Lending to Small Businesses in Metro Atlanta Area, GA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $750,000 CARES Act Recovery Assistance grant to Trufund Financial Services, Inc., New York, New York, to provide training and affordable capital to small businesses impacted by the coronavirus pandemic in the Metro Atlanta area, Georgia. This EDA grant will be matched with…