Census Bureau: 2017 County Business Patterns Now Available
The U.S. Census Bureau today released the 2017 County Business Patterns (CBP). This annual series of statistics provides subnational economic data by industry. These data show detailed annual information on the number of establishments, first quarter employment, and first quarter and annual payroll at the national, state, metropolitan area, county and congressional district levels for…
SBA: Direct Final Rule Issued that Will Allow Governors to Seek HUBZone Designation for Certain Rural Areas
The U.S. Small Business Administration today issued a direct final rule that will allow governors to petition the SBA’s Administrator to designate HUBZone status to certain covered areas. A covered area is an area in a state that is located outside of an urbanized area, as determined by the Census Bureau, with a population of not more than…
SBA: New Initiative Assists Veterans Transitioning to Civilian Life, Entrepreneurs, Small Business Owners
As National Veterans Small Business Week came to a close, three Atlantic Region federal agencies are carrying on its mission with a new initiative to assist both Veterans transitioning to civilian life as well as their families through entrepreneurship and small business ownership. The U.S. Small Business Administration (SBA), U.S. General Services Administration (GSA) and…
SBA: 5th Annual Mentor-Protege Conference Scheduled Next Week to Connect Small Businesses with Federal Contract Opportunities
The U.S. Small Business Administration will host its Mentor-Protégé Conference on November 12-13 at the DoubleTree Hotel in Arlington, Va. The conference will give small businesses access to guidance on federal contracting, face-to-face meetings and opportunities to team with larger businesses and graduates of the SBA’s 8(a) Business Development program. “It’s important that we make sure that…
SBA: Celebrating National Veterans Small Business Week 2019
Veteran-owned businesses contribute nearly $1 trillion each year to U.S. The U.S. Small Business Administration will celebrate the accomplishments of veteran, service member, and military spouse small business owners nationwide during National Veterans Small Business Week, Nov. 4-8. “This week is dedicated to celebrating the nation’s 2.5 million veteran-owned businesses who contribute nearly $1 trillion each year to…
SBA: Public Input Sought on Potential Changes to SBA’s Export Loan Program
The U.S. Small Business Administration published an Advanced Notice of Proposed Rulemaking that seeks comments on potential changes to the regulations governing its Export Loan Programs. SBA’s Export Loan Programs provide access to capital for U.S. small business concerns to support expansion into international markets and the growth of U.S. small business exports. SBA is soliciting comments on…
SBA: Small Business Lending Reflects Strong Economic Trends
SBA FY19 total loan volume reaches over $28 billion with more than 63,000 approved loans The U.S. Small Business Administration announced FY19 lending numbers showing that it guaranteed over $28 billion to entrepreneurs that otherwise would not have access to capital to start, grow, or expand their small businesses. “A strong economy is powering America’s 30…
SBA: 2020 National Small Business Week Award Nomination Period Now Open
The U.S. Small Business Administration is now accepting nominations for its 2020 National Small Business Week Awards. Every year since 1963, the President of the United States has issued a proclamation announcing National Small Business Week (NSBW), which recognizes the critical contributions of America’s entrepreneurs and small business owners. As part of the NSBW, the…
SBA: Boots to Business Program Reaches 100,000 Veteran Participant Milestone
The U.S. Small Business Administration announced this week that more than 100,000 current and aspiring veteran business owners have participated in the Boots to Business training course since the program began in January 2013. “The SBA is all about powering the American dream. This is no different for the veteran business community,” said Larry Stubblefield, Associate Administrator, Office of…
SBA: $3 Million Announced for 60 Growth Accelerator Fund Competition Recipients to Support Startups and STEM Focused Entrepreneurs
The U.S. Small Business Administration today announced 60 winners of SBA’s Growth Accelerator Fund Competition. The recipients, representing accelerators and incubators across 39 states and territories focused on a broad set of industries and sectors, will receive a total of $3 million in awards to support startups and entrepreneurs researching and developing STEM-related innovations. “I am proud…