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…
EDA: $2.35 Invested to Repurpose Former Coal Plant as Multitenant Space for Growing Companies in Berks County, PA
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.35 million grant to Recycle the World, Inc., of King of Prussia, Pennsylvania, to help convert a former coal fired power plant to a multitenant building for growing companies in the region. This grant will be matched…
EDA: Investment Made to Support Entrepreneurial Growth in Russell, PA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $860,000 grant to the Pennsylvania Wilds Center for Entrepreneurship Inc., Russell, Pennsylvania, to assist in the creation of the Pennsylvania Wilds Maker Marketplace and virtual retail platform. The grant, to be matched with $277,500 in local investment, is expected to create 75…
SBA: Small Businesses Encouraged to Discover Untapped Workforce Talent
Acting Administrator Pilkerton Hosted Workforce Development Expo Today, SBA Acting Administrator Chris Pilkerton held an expo at Catholic University’s School of Business to connect small businesses with peers who have found success in exploring new pools of workforce talent in their communities. The “Small Business Hiring: Discovering Untapped Talent in the DMV” event brought together innovative businesses…