EDA: Over $24 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded millions in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: October 1, 2020 – U.S. Department of Commerce to Invest $15 Million in CARES Act Recovery Assistance to Aid Reopening of Economy in Washington State…
Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Small Business Pulse Survey. Data collection began Aug. 9, 2020. Results will be released weekly starting Aug. 20 through Oct. 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well as…
EDA: $2 Million Invested to Construct Business Incubator to Support Entrepreneurial Development in Laurinburg, NC
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Scotland County Economic Development Corporation, Laurinburg, North Carolina, to construct a new business incubator to provide workspace for startup companies and expanding industries. The EDA grant, to be matched with more than…
EDA: $10.3 Million in CARES Act Funding to Capitalize Revoling Loan Fund Across West Virginia
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $10.3 million EDA CARES Act Recovery Assistance grant to the West Virginia Economic Development Authority, Charleston, West Virginia, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical capital financing to small businesses and…
Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Small Business Pulse Survey. Data collection began Aug. 9, 2020. Results will be released weekly starting Aug. 20 through Oct. 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well as…
SBA: Network of Small Business Resource Partners Honored During National Small Business Week
During the 2020 National Small Business Week, the U.S. Small Business Administration honored its resource partners for their impact on local economic development and support of small business creation and growth across the nation. Additionally, all of the SBA’s Resource Partners were recognized for providing resources to small businesses as they work to sustain their operations and employees,…
SBA: Timothy Porter of Appddiction Studio, LLC of Texas Named 2020 Small Business Person of the Year
Logistics and Transportation Entrepreneur from Florida also recognized by SBA as Runner-up Today, the U.S. Small Business Administration recognized this year’s Small Business Person of the Year, Timothy Porter of Appddiction Studio, LLC, of Texas, during the 2020 National Small Business Week virtual ceremony. “It is my honor to announce Timothy Porter of Appddiction Studio, LLC, is this year’s national Small Business…
SBA: President Trump Proclaims National Small Business Week September 20-26
The U.S. Small Business Administration’s 2020 National Small Business Week celebrations officially commence this week with a virtual three-day award ceremony recognizing national award winners from across the country and U.S. territories for their significant accomplishments. The three-day award ceremony will commence Tuesday, September 22, with SBA Administrator Jovita Carranza announcing the 2020 National Small Business Person of the Year. Hosted…
SBA: West Virginia and Massachusetts Women-Owned Firms Take Top Honors in Federal Contracting
The U.S. Small Business Administration announced two women-owned firms will receive awards honoring their work in federal contracting. Action Facilities Management, Inc. (AFM), an 8(a)-certified commercial facilities management firm specializing in infrastructure and security support services from Morgantown, West Virginia; and Specialty Materials Inc. (SMI), a firm specializing in composite fiber and prepreg products that support the aerospace…
SBA: $3 Million in Grants to Organizations Supporting Small Business Innovation and R&D Commercialization Awarded
The U.S. Small Business Administration granted 24 awards up to $125,000 each for specialized training, mentoring, and technical assistance for R&D-focused small businesses under the Federal and State Technology (FAST) Partnership Program administered by the SBA’s Office of Innovation and Technology. FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR)…