SBA: Funding Awarded to Organizations Delivering Entrepreneurship Training to Service-Disabled Veterans
The U.S. Small Business Administration this week announced $300,000 in grants has been awarded to four organizations offering entrepreneurship training to service-disabled veterans. The funding opportunity, offered by SBA’s Office of Veterans Business Development, supports each organization’s programs for service-disabled veterans planning to start a new business or expand and diversify existing small businesses. Each awardee was chosen…
EDA: $1.6 Million Invested to Support Business Development in Swainsboro, GA Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Emanuel County Development Authority of Swainsboro, Georgia, to make critical water and sewer system improvements needed to support business growth. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone,…
SBA: America’s Small Businesses Invited to Tell Their Story
The U.S. Small Business Administration is now accepting nominations for its 2020 National Small Business Week Awards, including the annual Small Business Person of the Year. For more than 50 years, National Small Business Week has celebrated the inspiring achievements of America’s small businesses and the countless contributions they make to their local communities, and to…
EDA: $1.5 Million Invested to Establish a Business Center in East Montgomery County, TX
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the East Montgomery County Improvement District (EMCID) of New Caney, Texas, to construct an office building on its existing industrial park to facilitate job creation and retention. The EDA grant will be matched…
SBA: Learn How to Prepare for Disaster at Upcoming Twitter Chat, Webinar
September is National Preparedness Month. The U.S. Small Business Administration has partnered with the Insurance Institute for Business & Home Safety to help organizations become more aware of their risks in the event of a disaster while also helping them develop business continuity plans to support rebuilding and recovery of operations. Advance preparation is key to protecting your assets…
CDFI Fund: CY 2019 Round of New Markets Tax Credit Program Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2019 round of the New Markets Tax Credit Program (NMTC Program). The NOAA makes up to $3.5 billion in tax credit allocation authority available for the CY 2019 round….
SBA: Grants Awarded to 24 Organizations to Support Small Business Innovation and R&D Commercialization
The U.S. Small Business Administration granted 24 awards up to $125,000 per recipient in FY 2019 under its Federal and State Technology (FAST) Partnership Program. FAST’s objective is to improve outcomes for underrepresented entrepreneurs in SBA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs and increase participation for women-owned, rural-based, and…
EDA: $1.25 Million Invested to Expand Missouri State University Business Incubator
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million grant to Missouri State University, Springfield, Missouri, to expand its business incubator located in the Robert W. Plaster Free Enterprise Center. The project, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…
SBA: Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition Winners Announced
Today, the U.S. Small Business Administration Acting Administrator Chris Pilkerton announced the winners of the Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition. The SBA awarded $1 million in prize money to competition winners. “It is my privilege to announce the twelve winners of the SBA’ s MaTCH Pilot Competition. The MaTCH competition is a testament…
EDA: $986,000 Investment Made to Establish Kitchen Incubator and Business Accelerator in Millersburg, KY
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $986,000 grant to Community Ventures Corporation to convert the first floor of McIntyre/Rankin Hall located on the former Millersburg Military Institute property into a full-service kitchen incubator and business accelerator. The grant, to be matched with $766,615 in local investment, is expected…