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  • SBA Administrator Guzman Visits Connecticut, Massachusetts, and Pennsylvania to Highlight the Impact of the Infrastructure Investment and Jobs Act

    in Business

    SBA Administrator Guzman Visits Connecticut, Massachusetts, and Pennsylvania to Highlight the Impact of the Infrastructure Investment and Jobs Act

    SBA Administrator Guzman Visits Connecticut, Massachusetts, and Pennsylvania to Highlight the Impact of the Infrastructure Investment and Jobs Act
    | site |



    SBA says Northeast Trip Touts Continued and Steady Economic Growth Following Record Jobs and Small Business Boom Thanks to the American Rescue Plan


    Information contained in U.S. Small Business Administration press release dated: June 7, 2022

    Washington, DC - - Recently, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America's 32.5 million small businesses in President Biden's Cabinet, met with business owners across the Northeast, highlighting equity, resources, and support for America's small businesses. "Small businesses are the giants of our economy. It was a pleasure to meet with business owners throughout the Northeast and hear firsthand about their successes and the challenges they have overcome, a...
    Go to post

  • U.S. Small Business Administrator Guzman Announces Winners of Inaugural America’s Seed Fund Expo Competition

    in Business

    U.S. Small Business Administrator Guzman Announces Winners of Inaugural America’s Seed Fund Expo Competition

    U.S. Small Business Administrator Guzman Announces Winners of Inaugural America’s Seed Fund Expo Competition | site |



    On May 25, America’s Seed Fund Expo Will Highlight Small Businesses and Startups That Have Excelled Using Innovative, SBIR-Developed Technology


    Information contained in U.S. Small Business Administration press release dated: May 23, 2022

    Washington - - Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, announced the winners of the SBA’s inaugural America’s Seed Fund Startup Expo 2022, an initiative aimed at highlighting innovative domestic startups and supporting them with resources to scale, grow, and thrive. “Every day, in communities across America, entrepreneurs are solving our nation’s most pressing challenges from climate change to feeding and healing the world. The     ...
    Go to post

  • Treasury Announces First State Small Business Credit Initiative Awards to Support Underserved Entrepreneurs and Small Business Growth in Key Industries

    in Finance

    Treasury Announces First State Small Business Credit Initiative Awards to Support Underserved Entrepreneurs and Small Business Growth in Key Industries

    U.S. Department of the Treasury Announces First State Small Business Credit Initiative Awards to Support Underserved Entrepreneurs and Small Business Growth in Key Industries | site |




    Information contained in U.S. Department of the Treasury press release dated: May 19, 2022 Washington - - Today, the U.S. Department of the Treasury announced the first group of plans approved under the new round of the State Small Business Credit Initiative (SSBCI). The American Rescue Plan reauthorized and expanded SSBCI, which was originally established in 2010 and was highly successful in increasing access to capital for traditionally underserved small businesses and entrepreneurs. The new SSBCI builds on this successful model by providing nearly $10 billion to states, the District of Columbia, territories, and Tribal governments to increase access to capital and promote entrepreneurship, especially in traditionally underserved communities...
    Go to post

  • SBA Announces Boots to Business Instructors of the Year Recognizing Top Performers Across the Agency’s Flagship Program Supporting Veteran-Owned Small Businesses

    in Business

    SBA Announces Boots to Business Instructors of the Year Recognizing Top Performers Across the Agency’s Flagship Program Supporting Veteran-Owned Small Businesses

    U.S. Small Business Administration Announces Boots to Business Instructors of the Year Recognizing Top Performers Across the Agency’s Flagship Program Supporting Veteran-Owned Small Businesses | site |



    Virtual Ceremony Honoring Recipients Will Take Place Today


    Information contained in U.S. Small Business Administration press release dated: May 9, 2022 Washington - - Today, the U.S. Small Business Administration (SBA) announced six recipients of the “Boots to Business (B2B) Instructor of the Year” award. Each year, representatives from the SBA and its partner network are honored for their excellence in teaching Boots to Business, the entrepreneurial track of the Department of Defense’s Transition Assistance Program. Under the Biden-Harris Administration, helping small businesses, often from underserved communities such as veteran-owned small businesses, has been a key priority. In addition to the Boots t...
    Go to post

  • SBA Administrator Guzman Announces 2022 National Small Business Week Small Business Person of the Year

    in Business

    SBA Administrator Guzman Announces 2022 National Small Business Week Small Business Person of the Year

    U.S. Small Business Administrator Guzman Announces 2022 National Small Business Week Small Business Person of the Year | site |



    West Virginia Small Business Owner Takes Top Honor, Massachusetts Restaurateur Named Runner-up


    Information contained in U.S. Small Business Administration (SBA) press release dated: May 5, 2022

    Washington - - Today, the U.S. Small Business Administration announced this Year’s Small Business Person of the Year, Jill Rae Scarbro of Bright Futures Learning Services in West Virginia, during the 2022 National Small Business Week virtual summit. This year’s National Small Business Week (NSBW), themed “Building a Better America Through Entrepreneurship,” acknowledged small businesses from across the country for their resilience, ingenuity, and creativity. It also recognized SBA partners for their involvement in entrepreneurial development, disaster recovery, government contracting, financial development,    ...
    Go to post

  • For National Small Business Week, plan now to take Advantage of Tax Benefits for 2022

    in Tax News

    For National Small Business Week, plan now to take Advantage of Tax Benefits for 2022

    For National Small Business Week, plan now to take Advantage of Tax Benefits for 2022 | site |




    Enhanced deduction for business meals, home office deduction and more


    Information contained in U.S. Internal Revenue Service (IRS) press release dated: May 3, 2022

    Washington - - The Internal Revenue Service today urged business taxpayers to begin planning now to take advantage of the enhanced 100% deduction for business meals and other tax benefits available to them when they file their 2022 federal income tax return.

    During National Small Business Week, May 1 to 7, the IRS is highlighting tax benefits and resources tied to the theme for this year's celebration: "Building a Better America through Entrepreneurship." With next year's filing deadline nearly a year away, any entrepreneur still has time to identify possible tax benefits, take action to qualify for them and then claim them when they file in 2023.     ...
    Go to post

  • U.S. Small Business Administration Administrator Announces New Paycheck Protection Program Milestone

    in Business

    U.S. Small Business Administration Administrator Announces New Paycheck Protection Program Milestone

    U.S. Small Business Administration Administrator Announces New Paycheck Protection Program (PPP) Milestone
    | site |



    In Less Than Two Months, One Million Borrowers Apply for Direct Forgiveness through Agency’s PPP Portal 

    Administrator Guzman highlights new Direct Forgiveness Portal and other innovations as critical to accelerating reviews and approvals


    (Information contained in U.S. Small Business Administration press release dated: September 22, 2021)

    Washington - - The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less. “We are committed to delivering against the promise of forgiveness for our eligible PPP borrowers. Our innovative direct forgiveness portal is helping our PPP borrowe    ...
    Go to post

  • U.S. Small Business Administration Announces Key Staff

    in Business Opportunities

    U.S. Small Business Administration Announces Key Staff

    U.S. Small Business Administration Announces Key Staff | site |




    Nearly 40 Biden-Harris Administration appointees named to serve the 30 million small businesses across the nation



    (Information contained in U.S. Small Business Administration [SBA] press release dated: August 18, 2021) Washington - - Today, the U.S. Small Business Administration announced its senior leadership team and key Biden-Harris Administration appointees. This experienced group of staffers will join thousands of SBA career servants working tirelessly to deliver recovery funding to millions of small businesses and rebuild the engine of our nation's economy. In April, Antwaun Griffin was named Chief of Staff, playing a critical role in executing Administrator Guzman's priorities as the agency provides a historic $1 trillion in economic relief to America's entrepreneurs, small businesses, and nonprofits. "The Biden-Ha...
    Go to post

  • U.S. Small Business Administration Administrator Guzman Celebrates Startup Day Across America

    in Business Opportunities

    U.S. Small Business Administration Administrator Guzman Celebrates Startup Day Across America

    U.S. Small Business Administration Administrator Guzman Celebrates Startup Day Across America | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: August 18, 2021)

    Washington - - Today, U.S. Small Business Administration Administrator Isabella Casillas Guzman released the following statement on Startup Day Across America: “On Startup Day Across America, we celebrate new business ventures who are innovating and creating, solving problems and bringing new products and services to big cities and small towns throughout our nation. “American ingenuity knows no bounds, and the resilience and resourcefulness of entrepreneurs across our country during the last year and a half are testament to that fact. But big thinkers and hard workers still need support for their plans to grow and thrive, and the Small Business Administration is proud to be a go-to resource helping to connect startups to     ...
    Go to post

  • U.S. Small Business Administration Awards 2.7 Million Dollars in Grants to 14 Women’s Business

    in Business Opportunities

    U.S. Small Business Administration Awards 2.7 Million Dollars in Grants to 14 Women’s Business

    U.S. Small Business Administration Awards $2.7M in Grants to 14 Women’s Business Centers | site |



    Funding Aims to Help Improve Innovative Projects Aiding Women-owned Businesses Impacted by COVID-19


    (Information contained in U.S. Small Business Administration [SBA] press release dated: August 16, 2021)

    Washington - - The U.S. Small Business Administration issued 14 grant awards of up to $200,000 each to organizations in 13 states as part of the Women’s Business Centers (WBC) Resiliency and Recovery Demonstration Grant under the SBA’s Office of Women’s Business Ownership (OWBO). The purpose of the grants is to establish or continue innovative projects that aim to improve service delivery, training, and support provided to women-owned businesses impacted by COVID-19. “The growth and recovery of women-owned small businesses is essential to our nation's economy. During the pandemic, our Women’s Business Ce    ...
    Go to post

  • FedEx Ground and Berkshire Grey Team Up to Streamline Small Package Processing

    in Transportation

    FedEx Ground and Berkshire Grey Team Up to Streamline Small Package Processing

    FedEx Ground and Berkshire Grey Team Up to Streamline Small Package Processing | site |



    New Sortation Solution Enables Autonomous Package Processing And Improved Optimization


    (Information contained in FedEx press release dated: August 12, 2021)

    Memphis, Tenn., August 12, 2021 - - FedEx Ground, a subsidiary of FedEx Corp. (NYSE: FDX), has recently implemented Berkshire Grey’s Robotic Product Sortation and Identification (RPSi) systems at its station in Queens, NY. Berkshire Grey, a developer of Intelligent Enterprise Robotics solutions, executed the RPSi systems to robotically sort the thousands of small packages that arrive daily in bulk into containers bound for other specific hubs and stations across the FedEx Ground network. FedEx Ground plans to install additional Berkshire Grey RPSi systems at sortation facilities in Las Vegas, Nev., and Columbus, Ohio, in the coming months. RPSi has been engineered ...
    Go to post

  • U.S. Small Business Administration Awards Grants to 33 Organizations

    in Business Opportunities

    U.S. Small Business Administration Awards Grants to 33 Organizations

    U.S. Small Business Administration Awards Grants to 33 Organizations to Help Underserved Communities Succeed with the Small Business Innovation Research Program | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: August 11, 2021)

    Washington - - The U.S. Small Business Administration issued 33 grant awards up to $125,000 each for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology (FAST) Partnership Program. FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities by increasing participation from women-owned, rural-based, and socially or economically disadvantaged small businesses. “As President Biden often says, great ideas come from anywhere and everywhere. Supporting all our nation’s    ...
    Go to post

  • SBA Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members

    in Business

    SBA Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members

    U.S. Small Business Administration Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 23, 2021)

    Washington - - On June 16, U.S. Small Business Administrator Isabella Casillas Guzman and the executive board of the Spanish Broadcasting System met at a virtual roundtable. The group discussed the priorities of the Biden – Harris Administration and the equity focus on economic aid made possible by the American Rescue Plan Act, especially to those in underserved communities.

    “As the first Latina in President Biden’s Cabinet, I’ve made outreach to my Hispanic familia one of my key priorities,” said SBA Administrator Guzman. “Your partnership is vital in that effort – the Hispanic media has a long history of telling the story of our nation’s    ...
    Go to post

  • U.S. Small Business Administration Reconvenes the Council on Underserved Communities

    in Business Opportunities

    U.S. Small Business Administration Reconvenes the Council on Underserved Communities

    U.S. Small Business Administration Reconvenes the Council on Underserved Communities | site |



    SBA Administrator Guzman restores Council to address the immediate needs and concerns of underserved and underrepresented communities hit hard by COVID-19


    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 22, 2021)

    Washington - - The U.S. Small Business Administration announced today that it is reconvening the Council on Underserved Communities (CUC) under the authority of the Federal Advisory Committee Act (FACA). In conjunction with the Biden-Harris Administration’s agenda, the restoration of the Council will help support the SBA’s prioritization of equity across its programs and initiatives. The Council will consist of 20 diverse stakeholders from every region of the country tasked with advising the SBA on strengthening and improving its strategies to help underserved...
    Go to post

  • Statement by Agriculture Secretary Tom Vilsack on the Intent to Nominate Representative Xochitl Torres Small to Serve as Under Secretary for Rural Development

    in Agriculture

    Statement by Agriculture Secretary Tom Vilsack on the Intent to Nominate Representative Xochitl Torres Small to Serve as Under Secretary for Rural Development

    Statement by Agriculture Secretary Tom Vilsack on the Intent to Nominate Representative Xochitl Torres Small to Serve as Under Secretary for Rural Development | site |


    (Information contained in U.S. Department of Agriculture [USDA] press release dated: June 18, 2021)

    Statement by Agriculture Secretary Tom Vilsack on the Intent to Nominate Representative Xochitl Torres Small to Serve as Under Secretary for Rural Development

    Washington, June 18, 2021 – “Representative Xochitl Torres Small’s nomination to serve as Under Secretary for Rural Development reflects the Biden-Harris Administration’s commitment to advancing rural prosperity. Her nomination is responsive to rural stakeholders and Congress; both have emphasized the importance of having a dedicated advocate for rural communities among the Department’s Subcabinet. As the daughter of migrant farm workers and a native of rural New Mexico, Torres Small represents the heart...
    Go to post
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  • Staff Reporter 1
    SBA Administrator Guzman Visits Connecticut, Massachusetts, and Pennsylvania to Highlight the Impact of the Infrastructure Investment and Jobs Act
    by Staff Reporter 1
    SBA Administrator Guzman Visits Connecticut, Massachusetts, and Pennsylvania to Highlight the Impact of the Infrastructure Investment and Jobs Act
    | site |



    SBA says Northeast Trip Touts Continued and Steady Economic Growth Following Record Jobs and Small Business Boom Thanks to the American Rescue Plan


    Information contained in U.S. Small Business Administration press release dated: June 7, 2022

    Washington, DC - - Recently, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America's 32.5 million small businesses in President Biden's Cabinet, met with business owners across the Northeast, highlighting equity, resources, and support for America's small businesses. "Small businesses are the giants of our economy. It was a pleasure to meet with business owners throughout the Northeast and hear firsthand about their successes and the challenges they have overcome, a...
    06-13-2022, 08:42 AM
  • Staff Reporter 1
    U.S. Small Business Administrator Guzman Announces Winners of Inaugural America’s Seed Fund Expo Competition
    by Staff Reporter 1
    U.S. Small Business Administrator Guzman Announces Winners of Inaugural America’s Seed Fund Expo Competition | site |



    On May 25, America’s Seed Fund Expo Will Highlight Small Businesses and Startups That Have Excelled Using Innovative, SBIR-Developed Technology


    Information contained in U.S. Small Business Administration press release dated: May 23, 2022

    Washington - - Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, announced the winners of the SBA’s inaugural America’s Seed Fund Startup Expo 2022, an initiative aimed at highlighting innovative domestic startups and supporting them with resources to scale, grow, and thrive. “Every day, in communities across America, entrepreneurs are solving our nation’s most pressing challenges from climate change to feeding and healing the world. The     ...
    05-28-2022, 10:28 PM
  • Staff Reporter 1
    Treasury Announces First State Small Business Credit Initiative Awards to Support Underserved Entrepreneurs and Small Business Growth in Key Industries
    by Staff Reporter 1
    U.S. Department of the Treasury Announces First State Small Business Credit Initiative Awards to Support Underserved Entrepreneurs and Small Business Growth in Key Industries | site |




    Information contained in U.S. Department of the Treasury press release dated: May 19, 2022 Washington - - Today, the U.S. Department of the Treasury announced the first group of plans approved under the new round of the State Small Business Credit Initiative (SSBCI). The American Rescue Plan reauthorized and expanded SSBCI, which was originally established in 2010 and was highly successful in increasing access to capital for traditionally underserved small businesses and entrepreneurs. The new SSBCI builds on this successful model by providing nearly $10 billion to states, the District of Columbia, territories, and Tribal governments to increase access to capital and promote entrepreneurship, especially in traditionally underserved communities...
    05-23-2022, 06:21 PM
  • Staff Reporter 1
    SBA Announces Boots to Business Instructors of the Year Recognizing Top Performers Across the Agency’s Flagship Program Supporting Veteran-Owned Small Businesses
    by Staff Reporter 1
    U.S. Small Business Administration Announces Boots to Business Instructors of the Year Recognizing Top Performers Across the Agency’s Flagship Program Supporting Veteran-Owned Small Businesses | site |



    Virtual Ceremony Honoring Recipients Will Take Place Today


    Information contained in U.S. Small Business Administration press release dated: May 9, 2022 Washington - - Today, the U.S. Small Business Administration (SBA) announced six recipients of the “Boots to Business (B2B) Instructor of the Year” award. Each year, representatives from the SBA and its partner network are honored for their excellence in teaching Boots to Business, the entrepreneurial track of the Department of Defense’s Transition Assistance Program. Under the Biden-Harris Administration, helping small businesses, often from underserved communities such as veteran-owned small businesses, has been a key priority. In addition to the Boots t...
    05-13-2022, 08:25 PM
  • Staff Reporter 1
    SBA Administrator Guzman Announces 2022 National Small Business Week Small Business Person of the Year
    by Staff Reporter 1
    U.S. Small Business Administrator Guzman Announces 2022 National Small Business Week Small Business Person of the Year | site |



    West Virginia Small Business Owner Takes Top Honor, Massachusetts Restaurateur Named Runner-up


    Information contained in U.S. Small Business Administration (SBA) press release dated: May 5, 2022

    Washington - - Today, the U.S. Small Business Administration announced this Year’s Small Business Person of the Year, Jill Rae Scarbro of Bright Futures Learning Services in West Virginia, during the 2022 National Small Business Week virtual summit. This year’s National Small Business Week (NSBW), themed “Building a Better America Through Entrepreneurship,” acknowledged small businesses from across the country for their resilience, ingenuity, and creativity. It also recognized SBA partners for their involvement in entrepreneurial development, disaster recovery, government contracting, financial development,    ...
    05-07-2022, 08:28 PM
  • Staff Reporter 1
    For National Small Business Week, plan now to take Advantage of Tax Benefits for 2022
    by Staff Reporter 1
    For National Small Business Week, plan now to take Advantage of Tax Benefits for 2022 | site |




    Enhanced deduction for business meals, home office deduction and more


    Information contained in U.S. Internal Revenue Service (IRS) press release dated: May 3, 2022

    Washington - - The Internal Revenue Service today urged business taxpayers to begin planning now to take advantage of the enhanced 100% deduction for business meals and other tax benefits available to them when they file their 2022 federal income tax return.

    During National Small Business Week, May 1 to 7, the IRS is highlighting tax benefits and resources tied to the theme for this year's celebration: "Building a Better America through Entrepreneurship." With next year's filing deadline nearly a year away, any entrepreneur still has time to identify possible tax benefits, take action to qualify for them and then claim them when they file in 2023.     ...
    05-06-2022, 04:20 AM
  • Staff Reporter 1
    U.S. Small Business Administration Administrator Announces New Paycheck Protection Program Milestone
    by Staff Reporter 1
    U.S. Small Business Administration Administrator Announces New Paycheck Protection Program (PPP) Milestone
    | site |



    In Less Than Two Months, One Million Borrowers Apply for Direct Forgiveness through Agency’s PPP Portal 

    Administrator Guzman highlights new Direct Forgiveness Portal and other innovations as critical to accelerating reviews and approvals


    (Information contained in U.S. Small Business Administration press release dated: September 22, 2021)

    Washington - - The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal recorded its one millionth PPP loan forgiveness application for borrowers seeking forgiveness for loans of $150,000 or less. “We are committed to delivering against the promise of forgiveness for our eligible PPP borrowers. Our innovative direct forgiveness portal is helping our PPP borrowe    ...
    10-13-2021, 09:00 PM
  • Staff Reporter 1
    U.S. Small Business Administration Announces Key Staff
    by Staff Reporter 1
    U.S. Small Business Administration Announces Key Staff | site |




    Nearly 40 Biden-Harris Administration appointees named to serve the 30 million small businesses across the nation



    (Information contained in U.S. Small Business Administration [SBA] press release dated: August 18, 2021) Washington - - Today, the U.S. Small Business Administration announced its senior leadership team and key Biden-Harris Administration appointees. This experienced group of staffers will join thousands of SBA career servants working tirelessly to deliver recovery funding to millions of small businesses and rebuild the engine of our nation's economy. In April, Antwaun Griffin was named Chief of Staff, playing a critical role in executing Administrator Guzman's priorities as the agency provides a historic $1 trillion in economic relief to America's entrepreneurs, small businesses, and nonprofits. "The Biden-Ha...
    09-04-2021, 05:34 PM
  • Staff Reporter 1
    U.S. Small Business Administration Administrator Guzman Celebrates Startup Day Across America
    by Staff Reporter 1
    U.S. Small Business Administration Administrator Guzman Celebrates Startup Day Across America | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: August 18, 2021)

    Washington - - Today, U.S. Small Business Administration Administrator Isabella Casillas Guzman released the following statement on Startup Day Across America: “On Startup Day Across America, we celebrate new business ventures who are innovating and creating, solving problems and bringing new products and services to big cities and small towns throughout our nation. “American ingenuity knows no bounds, and the resilience and resourcefulness of entrepreneurs across our country during the last year and a half are testament to that fact. But big thinkers and hard workers still need support for their plans to grow and thrive, and the Small Business Administration is proud to be a go-to resource helping to connect startups to     ...
    08-19-2021, 11:24 PM
  • Staff Reporter 1
    U.S. Small Business Administration Awards 2.7 Million Dollars in Grants to 14 Women’s Business
    by Staff Reporter 1
    U.S. Small Business Administration Awards $2.7M in Grants to 14 Women’s Business Centers | site |



    Funding Aims to Help Improve Innovative Projects Aiding Women-owned Businesses Impacted by COVID-19


    (Information contained in U.S. Small Business Administration [SBA] press release dated: August 16, 2021)

    Washington - - The U.S. Small Business Administration issued 14 grant awards of up to $200,000 each to organizations in 13 states as part of the Women’s Business Centers (WBC) Resiliency and Recovery Demonstration Grant under the SBA’s Office of Women’s Business Ownership (OWBO). The purpose of the grants is to establish or continue innovative projects that aim to improve service delivery, training, and support provided to women-owned businesses impacted by COVID-19. “The growth and recovery of women-owned small businesses is essential to our nation's economy. During the pandemic, our Women’s Business Ce    ...
    08-17-2021, 01:08 AM
  • Staff Reporter 1
    FedEx Ground and Berkshire Grey Team Up to Streamline Small Package Processing
    by Staff Reporter 1
    FedEx Ground and Berkshire Grey Team Up to Streamline Small Package Processing | site |



    New Sortation Solution Enables Autonomous Package Processing And Improved Optimization


    (Information contained in FedEx press release dated: August 12, 2021)

    Memphis, Tenn., August 12, 2021 - - FedEx Ground, a subsidiary of FedEx Corp. (NYSE: FDX), has recently implemented Berkshire Grey’s Robotic Product Sortation and Identification (RPSi) systems at its station in Queens, NY. Berkshire Grey, a developer of Intelligent Enterprise Robotics solutions, executed the RPSi systems to robotically sort the thousands of small packages that arrive daily in bulk into containers bound for other specific hubs and stations across the FedEx Ground network. FedEx Ground plans to install additional Berkshire Grey RPSi systems at sortation facilities in Las Vegas, Nev., and Columbus, Ohio, in the coming months. RPSi has been engineered ...
    08-14-2021, 11:55 PM
  • Staff Reporter 1
    U.S. Small Business Administration Awards Grants to 33 Organizations
    by Staff Reporter 1
    U.S. Small Business Administration Awards Grants to 33 Organizations to Help Underserved Communities Succeed with the Small Business Innovation Research Program | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: August 11, 2021)

    Washington - - The U.S. Small Business Administration issued 33 grant awards up to $125,000 each for specialized training, mentoring, and technical assistance for research and development (R&D)-focused small businesses under the Federal and State Technology (FAST) Partnership Program. FAST seeks to improve outcomes in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs for underserved communities by increasing participation from women-owned, rural-based, and socially or economically disadvantaged small businesses. “As President Biden often says, great ideas come from anywhere and everywhere. Supporting all our nation’s    ...
    08-14-2021, 12:33 AM
  • Staff Reporter 1
    SBA Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members
    by Staff Reporter 1
    U.S. Small Business Administration Administrator Isabella Casillas Guzman meets with the Spanish Broadcasting System Board Members | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 23, 2021)

    Washington - - On June 16, U.S. Small Business Administrator Isabella Casillas Guzman and the executive board of the Spanish Broadcasting System met at a virtual roundtable. The group discussed the priorities of the Biden – Harris Administration and the equity focus on economic aid made possible by the American Rescue Plan Act, especially to those in underserved communities.

    “As the first Latina in President Biden’s Cabinet, I’ve made outreach to my Hispanic familia one of my key priorities,” said SBA Administrator Guzman. “Your partnership is vital in that effort – the Hispanic media has a long history of telling the story of our nation’s    ...
    06-25-2021, 08:27 AM
  • Staff Reporter 1
    U.S. Small Business Administration Reconvenes the Council on Underserved Communities
    by Staff Reporter 1
    U.S. Small Business Administration Reconvenes the Council on Underserved Communities | site |



    SBA Administrator Guzman restores Council to address the immediate needs and concerns of underserved and underrepresented communities hit hard by COVID-19


    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 22, 2021)

    Washington - - The U.S. Small Business Administration announced today that it is reconvening the Council on Underserved Communities (CUC) under the authority of the Federal Advisory Committee Act (FACA). In conjunction with the Biden-Harris Administration’s agenda, the restoration of the Council will help support the SBA’s prioritization of equity across its programs and initiatives. The Council will consist of 20 diverse stakeholders from every region of the country tasked with advising the SBA on strengthening and improving its strategies to help underserved...
    06-23-2021, 04:36 AM
  • Staff Reporter 1
    Statement by Agriculture Secretary Tom Vilsack on the Intent to Nominate Representative Xochitl Torres Small to Serve as Under Secretary for Rural Development
    by Staff Reporter 1
    Statement by Agriculture Secretary Tom Vilsack on the Intent to Nominate Representative Xochitl Torres Small to Serve as Under Secretary for Rural Development | site |


    (Information contained in U.S. Department of Agriculture [USDA] press release dated: June 18, 2021)

    Statement by Agriculture Secretary Tom Vilsack on the Intent to Nominate Representative Xochitl Torres Small to Serve as Under Secretary for Rural Development

    Washington, June 18, 2021 – “Representative Xochitl Torres Small’s nomination to serve as Under Secretary for Rural Development reflects the Biden-Harris Administration’s commitment to advancing rural prosperity. Her nomination is responsive to rural stakeholders and Congress; both have emphasized the importance of having a dedicated advocate for rural communities among the Department’s Subcabinet. As the daughter of migrant farm workers and a native of rural New Mexico, Torres Small represents the heart...
    06-22-2021, 02:09 AM
  • Staff Reporter 1
    The U.S. Small Business Administration and the White House Webinar with Small Business Leaders on Economic Recovery and Vaccine Leadership Briefing
    by Staff Reporter 1
    The U.S. Small Business Administration & the White House Webinar with Small Business Leaders on Economic Recovery & Vaccine Leadership Briefing | site |




    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 14, 2021)

    Washington - - On Thursday, June 10, as part of the "Vaccine Month of Action," The White House, the U.S. Small Business Administration, and Public Private Strategies Institute hosted a briefing for small business leaders on COVID-19 recovery as part of their recently announced "Getting Back on Track: Help is Here" webinar series.

    Over a thousand participants joined the briefing featuring SBA Administrator Isabella Casillas Guzman and Dr. Bechara Choucair, White House COVID-19 Vaccinations Coordinator. Administrator Guzman and Dr. Choucair discussed the importance of vaccinations and provided updates on COVID-19 economic aid programs, such as the     ...
    06-16-2021, 11:26 PM
  • Staff Reporter 1
    U.S. Small Business Administration Announces Funding Competition to Organizations Providing Federal Procurement Training to Veteran Entrepreneurs
    by Staff Reporter 1
    U.S. Small Business Administration Announces Funding Competition to Organizations Providing Federal Procurement Training to Veteran Entrepreneurs | site |


    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 12, 2021)

    Washington - - The U.S. Small Business Administration today announced that non-profit organizations and private sector firms are now eligible to compete for funding of up to $500,000 to deliver federal procurement training to veteran and service-disabled veteran entrepreneurs. The application period begins today through July 12, 2021.

    Up to two awardees will use the $500,000 in total funding to participate in the Veteran Federal Procurement Entrepreneurship Training Program (SB-OVVT-21-001) with grants from SBA’s Office of Veterans Business Development. Awards will be made for a base project period of 12 months, with three option periods of 12 months each. These funds will be used    ...
    06-16-2021, 02:41 AM
  • Staff Reporter 1
    IRS posts new FAQs making available information to aid Families and Small Business under the American Rescue Plan
    by Staff Reporter 1
    IRS posts new FAQs making available information to aid Families and Small Business under the American Rescue Plan | site |




    Information for enhanced 2021 child and dependent care tax credits; updated paid sick and family leave credits for Q2 and Q3 of 2021


    (Information contained in U.S. Internal Revenue Service [IRS] press release dated: June 11, 2021)

    Washington - - The Internal Revenue Service today posted two new, separate sets of frequently-asked-questions (FAQs) to assist families and small and mid-sized employers in claiming credits under the American Rescue Plan (ARP). Both the child and dependent care credit as well as the paid sick and family leave credit were enhanced under the ARP, enacted in March to assist families and small businesses with the fallout of the COVID-19 pandemic and recovery underway. The two sets of FAQs provide information on eligibility, computing the credit amounts, and how to clai    ...
    06-15-2021, 08:56 PM
  • Staff Reporter 1
    SBA Administrator Isabel Guzman’s Statement on Role of Small Businesses in Strengthening America’s Supply Chains following the President’s 100 Day Review Report
    by Staff Reporter 1
    U.S. Small Business Administration Administrator Isabel Guzman’s Statement on Role of Small Businesses in Strengthening America’s Supply Chains following the President’s 100 Day Review Report | site |


    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 9, 2021)

    Washington - - Today, U.S. Small Business Administration Administrator Isabel Guzman issued the following statement in response to President’s 100 Day Review Report on America’s Supply Chains:

    “The 100 Day Review report on America’s supply chains breaks new ground in recognizing that a resilient supply chain depends on all of our small businesses and innovative startups, including those owned by women, people of color, and others who have been historically left behind by federal R&D and investment policy and whose full potential we need to leverage if we are to build back better. The SBA looks forward to partnering across the federal government...
    06-11-2021, 11:32 PM
  • Staff Reporter 1
    U.S. Small Business Administration Recognizes the Office of Surety Guarantees FY20 Award Winners
    by Staff Reporter 1
    U.S. Small Business Administration Recognizes the Office of Surety Guarantees FY20 Award Winners | site |




    SBA says winners highlighted have more than 524 bonds with contract value of more than $260 million


    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 3, 2021) Washington - - 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 recovery and their commitment to helping small businesses obtain contracts with both government and private sector entities. One small business was selected to receive an award based on its growth since entering the Surety Bond Guarantee (SBG) Program and the number of jobs it supports in the local economy. West Bend Mutual Insuranc...
    06-10-2021, 12:02 AM
  • Staff Reporter 1
    U.S. Small Business Administration provides information about the Community Navigator Pilot Program Information Webinar
    by Staff Reporter 1
    U.S. Small Business Administration provides information about the Community Navigator Pilot Program Information Webinar | site |



    (Information contained in U.S. Small Business Administration press release dated: June 3, 2021)

    Washington - - On May 27, the U.S. Small Business Administration (SBA) and Public Private Strategies Institute (PPSI) held an educational webinar about the Community Navigator Pilot Program –a $100 million competitive grant program to strengthen outreach to businesses in underserved communities enacted through the American Rescue Plan.

    More than 1,600 participants spanning the nation joined the session intended for nonprofit organizations, state, local, and tribal governments, SBA resource partners, and other community organizations. Participants heard from the following panelists:
    • SBA Administrator Isabella Casillas Guzman (by video)
    • Renée Johnson, Senior Advisor, Public Private Strategies & Moderator
    • Mark
    ...
    06-08-2021, 11:36 PM
  • Staff Reporter 1
    U.S. Small Business Administration Launches - - - Getting Back on Track: Help Is Here - - - Webinar Series to Help America’s Small Business Owners and Entrepreneurs
    by Staff Reporter 1
    U.S. Small Business Administration Launches “Getting Back on Track: Help Is Here” Webinar Series to Help America’s Small Business Owners & Entrepreneurs | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: May 20, 2021)

    Washington - - Today, the U.S. Small Business Administration and the non-profit Public Private Strategies Institute will launch a new regional webinar series, “Getting Back on Track: Help is Here,” to provide Main Street entrepreneurs with the information and resources they need to continue to recover from the COVID-19 pandemic. The educational webinars will feature speakers from The White House, the SBA, Members of Congress, and small business leaders, and will provide updates on the American Rescue Plan.

    “The 'Getting Back on Track: Help is Here' webinar series is an important outreach effort to help small businesses recover, rebuild and gain resiliency,”    ...
    05-29-2021, 01:41 AM
  • Staff Reporter 1
    SBA Announces New HUBZones to Expand Federal Contracting Opportunities for Small Businesses
    by Staff Reporter 1
    U.S. Small Business Administration Announces New HUBZones to Expand Federal Contracting Opportunities for Small Businesses | site |


    (Information contained in U.S. Small Business Administration [SBA] press release dated: May 18, 2021) Washington - - The U.S. Small Business Administration’s Administrator Isabella Casillas Guzman today announced the expansion of HUBZone, a program that provides small businesses in low-income communities that hire low-income residents opportunities to compete in the federal marketplace. The announcement makes Illinois the first state to have the newly created Governor-Designated Covered HUBZones. “This expansion of HUBZone areas in Illinois is a big step in bringing rural and underserved communities into a national network of small businesses with access to valuable support resources and contracting programs to better leverage the federal marketplace,” said SBA Administrator Isabella Casillas Guzman. “We ...
    05-20-2021, 03:43 AM
  • Staff Reporter 1
    Last Call - - - SBA Administrator Guzman Announces Final Push for Restaurant Revitalization Fund Applications
    by Staff Reporter 1
    Last Call: U.S. Small Business Administration Administrator Guzman Announces Final Push for Restaurant Revitalization Fund Applications | site |



    Qualifying eating establishments should submit applications by the May 24th deadline


    (Information contained in U.S. Small Business Administration [SBA] press release dated: May 18, 2021) Washington - - Administrator Isabella Casillas Guzman announced that eligible eating establishments have until Monday, May 24, 8 p.m. ET, to submit applications to the Restaurant Revitalization Fund. “If our nation’s food and beverage industry is going to fully recover, we must ensure as many of the hardest-hit businesses get the economic aid they need,” said Administrator Guzman. “We are committed to creating easy to navigate programs and removing barriers that have kept many of our nation’s smallest businesses from accessing these crucial economic lifelines. The SBA will continue t...
    05-20-2021, 01:45 AM
  • Staff Reporter 1
    U.S. Small Business Administration Administrator Isabella Casillas Guzman meets with Board of the National Association of Hispanic Publications
    by Staff Reporter 1
    U.S. Small Business Administration Administrator Isabella Casillas Guzman meets with Board of the National Association of Hispanic Publications | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: May 17, 2021)

    Washington - - On May 13, U.S. Small Business Administrator Isabella Casillas Guzman and the executive board of the National Association of Hispanic Publications met at a virtual roundtable. The group discussed the priorities of the Biden – Harris Administration and the equity focus on economic aid made possible by the American Rescue Plan Act, especially those in underserved communities.

    “As the first Latina in President Biden’s Cabinet, I’ve made outreach to my Hispanic familia one of my key priorities,” said SBA Administrator Guzman. “Your partnership is vital in that effort – the Hispanic media has a long history of telling the story of our nation’s    ...
    05-17-2021, 10:37 PM
  • Staff Reporter 1
    U.S. Department of Transportation Names Small Business Innovation Research Program Phase I Award Recipients
    by Staff Reporter 1
    U.S. Department of Transportation Names Small Business Innovation Research Program Phase I Award Recipients | site |



    Nineteen U.S. small businesses will receive approximately $2,850,000 to research and develop innovative solutions to our nation’s transportation challenges


    (Information contained in U.S. Department of Transportation press release dated: May 13, 2021)

    Washington - – The U.S. Department of Transportation (USDOT) announced that 19 U.S. small businesses will receive approximately $2,850,000 in Small Business Innovation Research (SBIR) Program Phase I awards stemming from the Fiscal Year 2021 Phase I Solicitation announced earlier this year. Each year, the SBIR Program awards contracts to small businesses across the country to spur research and commercialization of innovative transportation technologies. A full list of this year’s Phase I awardees is available here. From coast to coast, small busin...
    05-13-2021, 09:53 PM
  • Staff Reporter 1
    Register for the SEC's 40th Annual Small Business Forum, Featuring Inclusive Conversations on Capital Formation from Startup to Small Cap
    by Staff Reporter 1
    Register for the U.S. Securities and Exchange Commission's 40th Annual Small Business Forum, Featuring Inclusive Conversations on Capital Formation from Startup to Small Cap| site |


    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: May 5, 2021)

    Washington D.C., May 5, 2021 - - The Office of the Advocate for Small Business Capital Formation will host the Securities and Exchange Commission's 40th Annual Government-Business Forum on Small Business Capital Formation virtually from May 24-27, 2021. Each of the four sessions will feature panelists with in-depth knowledge of the issues facing small businesses across the country, spotlighting the following topics: Monday, May 24: Finding Your First Dollars Tuesday, May 25: Being a Savvy Investor Wednesday, May 26: Small and Emerging Funds Thursday, May 27: Small Cap Insights The Forum website will continue to be updated with details on the agenda, speakers, registr    ...
    05-13-2021, 02:37 AM
  • Staff Reporter 1
    The U.S. Small Business Administration Funds 16,000 Restaurant Revitalization Fund Awards
    by Staff Reporter 1
    The U.S. Small Business Administration Funds 16,000 Restaurant Revitalization Fund Awards | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: May 10, 2021) Washington - - Today, the U.S. Small Business Administration will begin delivering economic relief from the Restaurant Revitalization Fund, established by the American Rescue Plan and signed into law by President Joe Biden, to more than 16,000 approved applicants. This first round of funding represents over $2 billion of relief awarded since last Monday’s successful program launch. Restaurants and other food and beverage businesses across the nation will begin to see funds in bank accounts as early as Tuesday, May 11. “Just one week after launching the $28.6 billion Restaurant Revitalization Fund, I am pleased to officially report that the SBA has begun to fund applications and that more than 16,000 restaurants and other food and beverage business o...
    05-12-2021, 04:36 AM
  • Staff Reporter 1
    FedEx Awards More Than 250 Thousand Dollars to Winners Of the Ninth Annual FedEx Small Business Grant Contest
    by Staff Reporter 1
    FedEx Awards More Than $250,000 to Winners Of the Ninth Annual FedEx Small Business Grant Contest | site |



    Contest Garners More Than A Million Votes


    (Information contained in FedEx press release dated: May 10, 2021)

    Memphis, TN, May 10, 2021 — FedEx Corp. (NYSE: FDX) announced today that Equine Amnio Solutions – a Texas based veterinary pharmaceutical company, is the grand prize winner of its ninth annual FedEx Small Business Grant Contest. Equine Amnio Solutions (EAS) will receive a $50,000 grant, plus $7,500 in FedEx Office® print and business services to use in the company’s mission to provide innovative products to maximize the health and performance of horses across all breeds and athletic disciplines.

    “This has been an extraordinarily tough year on small business owners, which is why it’s so critical that FedEx continues to champion and support these     ...
    05-12-2021, 04:00 AM
  • Staff Reporter 1
    U.S. Homeland Security Secretary Mayorkas Urges Small Businesses to Protect Themselves Against Ransomware
    by Staff Reporter 1
    U.S. Homeland Security Secretary Mayorkas Urges Small Businesses to Protect Themselves Against Ransomware | site |


    DHS Launches Next Phase of Cybersecurity “Sprints” with New Effort to Recruit Diverse Cyber Talent


    (Information contained in U.S. Department of Homeland Security [DHS] press release dated: May 5, 2021) Washington - - Today, Secretary of Homeland Security Alejandro N. Mayorkas urged small businesses to proactively guard against the growing threat of ransomware during a virtual event hosted by the U.S. Chamber of Commerce. “We recognize and appreciate the fact that small businesses comprise the backbone of our Nation’s economy,” said Secretary Mayorkas, speaking to the virtual audience of approximately 1,500 small and medium-sized business owners. “It is for that very reason that individuals who pose a threat to our nation - who employ cyber tools and particularly ransomware as the vehicle for realizing that threat - target sm...
    05-07-2021, 12:09 AM
  • Staff Reporter 1
    SBA Reaches 200 Billion Dollars Milestone in Economic Injury Disaster Loan Program to Small Businesses and Non-Profits
    by Staff Reporter 1
    SBA Reaches $200 Billion Milestone in Economic Injury Disaster Loan Program to Small Businesses and Non-Profits | site |



    (Information contained in U.S. Small Business Administration [SBA] press release dated: February 12, 2021)

    Washington - - Today, the U.S. Small Business Administration reached a milestone in the success of the COVID-19 Economic Injury Disaster Loan (EIDL) program, which has provided U.S. small businesses, non-profits, and agricultural businesses a total of $200 billion in emergency funding. “Following the enactment of COVID-19 emergency legislation, the SBA has now provided more than 3.7 million small businesses employing more than 20 million people with $200 billion through the unprecedented COVID-19 EIDL loan program,” Acting Administrator Tami Perriello said. “SBA remains committed to helping small businesses recover from the unprecedented economic effects of COVID-19.” SBA is still accepting COVID-1...
    02-25-2021, 09:12 PM
  • Staff Reporter 1
    SBA and Lenders take more steps to improve Paycheck Protection Program
    by Staff Reporter 1
    U.S. Small Business Administration and Lenders take more steps to improve Paycheck Protection Program | site |



    Loan data shows 1.3 million loans and significant increase to underserved entrepreneurs


    Washington - - Today, the U.S. Small Business Administration and lenders are taking more strides to improve the Paycheck Protection Program (PPP) so that small businesses can access much needed PPP funds to persevere through the pandemic, recover, and build back better. The Administration is working with the Agency to increase equitable access to underserved small businesses, to assure the integrity of the program, and to promote rapid and efficient distribution of funds.

    This week, the SBA hit a major milestone of approving $104 billion of PPP funds to more than 1.3 million small businesses. Highlights from this round include:
    • Reaching more of the smallest businesses; 82% of all loans going to businesses
    ...
    02-11-2021, 12:52 PM
  • Staff Reporter 1
    The SBA Takes Steps to Improve First Draw Paycheck Protection Program Loan Review
    by Staff Reporter 1
    The U.S. Small Business Administration takes Steps to Improve First Draw Paycheck Protection Program Loan Review | site |




    (Information contained in U.S. Small Business Administration [SBA] press release dated: January 26, 2021)

    Washington - - The U.S. Small Business Administration is taking steps to improve the First Draw Paycheck Protection Program loan review so that small businesses have as much time as possible to access much needed PPP funds. The Biden-Harris Administration is focused on ensuring small businesses receive the support they need to keep their doors open and continue to employ millions of Americans across the country. The Administration is working with the Agency to identify immediate solutions to address eligibility, compliance, integrity, and promote transparency. While reviewing the initial draw of PPP loans, anomalies – mostly data mismatches and eligibility concerns – were identified in approximately 4.7% of the...
    01-27-2021, 11:32 PM
  • Staff Reporter 1
    SBA Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15
    by Staff Reporter 1
    U.S. Small Business Administration Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19 | site |



    Lenders with $1 Billion or Less in Assets Will be Able to Submit First and Second Draw PPP Applications on Friday – Continuing Dedicated Access for Community-Based Lenders


    (Information contained in U.S. Small Business Administration [SBA] press release: January 13, 2021)

    Washington - - The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET. The portal will fully open on Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications to SBA. Earlier in the week, SBA granted dedicated P...
    01-13-2021, 10:01 PM
  • Staff Reporter 1
    U.S. Small Business Administration Re-Opens PPP to Community Financial Institutions First
    by Staff Reporter 1
    U.S. Small Business Administration Re-Opens Paycheck Protection Program to Community Financial Institutions First | site |



    Community Financial Institutions get dedicated access starting today



    (Information contained in U.S. Small Business Administration [SBA] press release dated: January 11, 2021)

    Washington - - The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal today at 9 am ET. SBA is continuing its dedicated commitment to underserved small businesses and to addressing potential access to capital barriers by initially granting PPP access exclusively to community financial institutions (CFIs) that typically serve these concerns.

    When the PPP loan portal re-opened today, it initially accepted First Draw PPP loan applications from participating CFIs, which include Community Development Financial Institutions (CDFIs),    ...
    01-11-2021, 07:56 PM
  • Staff Reporter 1
    U.S. Department of Transportation Announces Research Topics for Upcoming Small Business Innovation Research Program Solicitation
    by Staff Reporter 1
    U.S. Department of Transportation Announces Research Topics for Upcoming Small Business Innovation Research Program Solicitation | site |


    Six Department Operating Administrations are expected to issue a total of 13 topics for this year’s SBIR Solicitation, totaling $1.9 million


    (Information contained in U.S. Department of Transportation press release dated: January 7, 2021)

    Washington - - The U.S. Department of Transportation (the Department) has issued its Small Business Innovation Research (SBIR) program Fiscal Year 2021 pre-solicitation to provide a preview of the 13 topics expected to be featured in this year’s solicitation. The pre-solicitation also includes an opportunity to submit questions via the Department’s SBIR Q&A website. Information on the proposed topics and how to participate in the Q&A can be found here. “Small businesses are responsible for two-thirds of net new jobs created in America; this small busin    ...
    01-07-2021, 09:31 PM
  • Staff Reporter 1
    U.S. Small Business Administration Launches Largest Expansion of Women’s Business Centers in 30 Years
    by Staff Reporter 1
    U.S. Small Business Administration Launches Largest Expansion of Women’s Business Centers in 30 Years | site |


    20 Women’s Business Centers to Open Across America Supporting Women-Owned Small Businesses


    (Information contained in U.S. Small Business Administration [SBA] press release dated: January 4, 2021)

    Washington - - The U.S. Small Business Administration today announced grant funding and the historic launch of 20 new Women’s Business Centers (WBC) across America to serve rural, urban and underserved communities alike. The opening of the 20 new WBCs is the largest single expansion of WBCs across America in its 30-year tenure, and these centers will be pivotal to the success of women-owned businesses as they continue to recover during this time. The WBCs will be hosted in rural and underserved markets and widen the footprint and partnership with Historically Black Colleges and Universities (HBCUs). “Over the past severa...
    01-04-2021, 09:30 PM
  • Staff Reporter 1
    Agencies release Annual CRA asset-size Threshold Adjustments for Small and Intermediate Small Institutions
    by Staff Reporter 1
    Agencies release Annual CRA asset-size Threshold Adjustments for Small and Intermediate Small Institutions | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: December 17, 2020)

    Agencies release Annual CRA asset-size Threshold Adjustments for Small and Intermediate Small Institutions



    Board of Governors of the Federal Reserve System

    Federal Deposit Insurance Corporation     Washington - - The Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation today announced the annual adjustment to the asset-size thresholds used to define small bank and intermediate small bank under the Community Reinvestment Act (CRA) regulations. The annual adjustments are required by the CRA rules. Financial institutions are evaluated under different CRA examination procedures based upon their asset-size classification. Those meeting the small    ...
    12-18-2020, 09:32 AM
  • Staff Reporter 1
    U.S. Department of Energy Issues Small Business Research and Development Funding Opportunity Announcement
    by Staff Reporter 1
    U.S. Department of Energy Issues Small Business Research and Development Funding Opportunity Announcement | site |


    Department of Energy says "Approximately $50 Million in New Grants Will Support Energy Innovation"


    (Information contained in U.S. Department of Energy press release: December 14, 2020)

    WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs issued the second Funding Opportunity Announcement (FOA) for Fiscal Year 2021. The Phase I Release 2 FOA, with approximately $50 million in available funding, will allow small businesses to submit applications to establish the technical feasibility of new innovations that advance the Department’s mission. The following DOE program offices are participating in this FOA:
    • Office of Cybersecurity, Energy Security, and Emergency Response
    • Office of Defense Nuclear Nonpr
    ...
    12-14-2020, 08:15 PM
  • Staff Reporter 1
    U.S. Small Business Administration Recognizes Top Active Surety Partners
    by Staff Reporter 1
    U.S. Small Business Administration Recognizes Top Active Surety Partners | site |



    Surety Bond Guarantee Program Surpasses $7 Billion in Bond Guarantees


    (Information contained in U.S. Small Business Administration |SBA| press release dated: December 3, 2020) WASHINGTON – The U.S. Small Business Administration (SBA) announced today its most active surety companies and agencies for fiscal year (FY) 2020, which contributed to increases in the Surety Bond Guarantee (SBG) Program’s activity. “In FY2020, we surpassed $7 billion in bond guarantees because of the mutual trust and commitment between the SBA and the surety industry to assist small businesses,” said Peter C. Gibbs, Director of the Office of Surety Guarantees. “This list of active surety partners is very special to the Office of Surety Guarantees because it is the 50th Anniversary for the Surety Bond Guarantee Program.” The SBA’s Surety Bond Guarantee Program, in d...
    12-05-2020, 08:25 PM
  • Staff Reporter 1
    U.S. Small Business Administration Proposes Small Business Size Standard Revisions in Five Industrial Sectors
    by Staff Reporter 1
    U.S. Small Business Administration Proposes Small Business Size Standard Revisions in Five Industrial Sectors | site |
    • Change Aimed at Increasing Eligibility for Contracting and Loan Programs.
    • Public Comments Due by Jan. 26, 2021


    SBA is seeking public comments on a proposed rule that would revise the small business size standards for businesses in five NAICS sectors.


    (Information contained in U.S. Small Business Administration [SBA] press release dated: November 30, 2020)

    Washington - - The U.S. Small Business Administration is seeking public comments on a proposed rule that would revise the small business size standards for businesses in five North American Industrial Classification System (NAICS) sectors to increase small business eligibility for SBA’s loan and contracting programs.

    Comments can be submitted on this proposed rule on or before Jan. 26, 2021 at www.regulations.gov , using the following RIN number: RIN 3245-AG88.    ...
    12-03-2020, 01:56 AM
  • Staff Reporter 1
    SBA Proposes Small Business Size Standard Revisions in Three Industrial Sectors
    by Staff Reporter 1
    U.S. Small Business Administration Proposes Small Business Size Standard Revisions in Three Industrial Sectors | site |


    Change Targeted at Increasing Eligibility for Contracting and Loan Programs


    (Information contained in U.S. Small Business Administration [SBA] press release: November 16, 2020)


    Public Comments Due January 12


    Washington - - The U.S. Small Business Administration is seeking public comments on a proposed rule that would revise the small business size standards for businesses in three North American Industrial Classification System (NAICS) sectors to increase small business eligibility for SBA’s loan and contracting programs.

    Comments may be submitted on this proposed rule on or before Jan. 12, 2021 at www.regulations.gov, using the following RIN number: RIN 3245-AG91. You may also comment by mail to Khem R. Sharma, Chief, Size Standards Division, 409 3rd Street SW, Mail Code 6530,    ...
    11-19-2020, 08:29 AM
  • Staff Reporter 1
    SBA Announces New Reduced 504 Loan Debenture Rates
    by Staff Reporter 1
    U.S. Small Business Administration announces New Reduced 504 Loan Debenture Rates | site |



    SBA announced the updated interest rates for the 504 Loan Program offered by CDC


    (November 13, 2020) - - Today the U.S. Small Business Administration (SBA) published the following information:

    WASHINGTON – The U.S. Small Business Administration announced the updated interest rates for the 504 Loan Program offered by Certified Development Companies (CDC). The program now allows for 10, 20, and 25-year interest rates at 2.231 percent, 2.364 percent, and 2.399 percent, respectively. Small businesses can now apply for a 504 loan at these low-interest rates.

    “These are very encouraging terms and very supportive of our nation’s goal to bounce-back from COVID-19,” said William Manger, SBA Chief of Staff and Associate Administrator for the Office of Capital Access. “The longer terms and now lowest interest rates support and encourage    ...
    11-13-2020, 05:21 PM
  • Staff Reporter 1
    NTSB Calls for Major Safety Improvements to Small Passenger Vessels
    by Staff Reporter 1
    National Transportation Safety Board Calls for Major Safety Improvements to Small Passenger Vessels | site |



    California Dive Boat Fire Killed 34


    (October 20, 2020) - - On October 20, 2020, the National Transportation Safety Board (NTSB) published the following information: WASHINGTON (Oct. 20, 2020) – The National Transportation Safety Board Tuesday called for major safety improvements to small passenger vessels after the investigation of a 2019 California dive boat fire that killed 34. The 75-foot recreational diving vessel, Conception, with 33 passengers and six crew aboard, was anchored in Platts Harbor, off Santa Cruz Island, when it caught fire in the early morning of Sept. 2, 2019. All 33 passengers and one crewmember died of smoke inhalation after they were trapped in the berthing area while a fire raged on the deck above. Both exits from the berthing area led to the fire- and smoke-filled enclosed area above. The NTSB called for all v...
    11-05-2020, 11:07 PM
  • Staff Reporter 1
    SBA Offers Disaster Assistance to Maryland Small Businesses Economically Impacted by the Coronavirus (COVID-19
    by Staff Reporter 1
    U.S. Small Business Administration Offers Disaster Assistance to Maryland Small Businesses Economically Impacted by the Coronavirus (COVID-19) | site |




    (October 20, 2020) - - Today, October 20, 2020, the U.S. Small Business Administration (SBA) published the following information:

    ATLANTA – The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Maryland small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Larry Hogan on March 18, 2020.

    The disaster declaration makes SBA assistance available in the entire state of Maryland; District of Columbia and the    ...
    10-23-2020, 06:35 AM
  • Staff Reporter 1
    U.S. Small Business Administration Proposes Small Business Size Standard Revisions in Eight Industrial Sectors
    by Staff Reporter 1
    U.S. Small Business Administration Proposes Small Business Size Standard Revisions in Eight Industrial Sectors to Increase Small Business Eligibility for Contracting and Loan Programs | site |

    ​​​​​​

    Public Comments Due by Dec. 1



    (October 2, 2020) - - Today, October 2, 2020, the U.S. Small Business Administration published the following information: The U.S. Small Business Administration is seeking public comments on two proposed rules that would revise the small business size standards for businesses in eight North American Industrial Classification System (NAICS) sectors to increase small business eligibility for SBA’s loan and contracting programs. The NAICS sectors reviewed in the first proposed rule are: Agriculture, Forestry, Fishing, and Hunting; Mining, Quarrying, and Oil and Gas Extraction; Utilities; and Construction. The NAICS sectors reviewed in the second proposed rule are: Transportation and Warehousing; Informatio    ...
    10-06-2020, 10:41 PM
  • Staff Reporter 1
    SBA Administrator Carranza Applauds President’s Efforts to Reduce Public Health Barriers and Protect America’s Small Businesses
    by Staff Reporter 1
    U.S. Small Business Administration Administrator Carranza Applauds President’s Efforts to Reduce Public Health Barriers and Protect America’s Small Businesses| site |




    (March 16, 2020) - - On March 13, 2020 the U.S. Small Business Administration (SBA) published the following information: WASHINGTON – SBA Administrator Jovita Carranza issued the following statement today in response to the President’s Declaration of a National Emergency: “The President’s decision to declare a national emergency represents another significant and very important step in reducing barriers to public health and protecting America’s 30 million small businesses from the threat posed by Coronavirus (COVID-19). The President’s declaration, coupled with the Administration’s unprecedented efforts to mobilize and involve the full force of the federal government and the private sector — including leaders in science, medicine, transportation, finance and business ...
    03-16-2020, 05:05 AM
  • Staff Reporter 1
    Jovita Carranza Sworn in as 26th U.S. Small Business Administration Administrator
    by Staff Reporter 1
    Jovita Carranza Sworn in as 26th U.S. Small Business Administration Administrator | site |




    Administrator Carranza: “Entrepreneurship is a powerful vehicle for economic mobility, particularly when it is supported by pro-growth policies”


    Ceremonial Swearing-in of SBA Administrator Jovita Carranza. (U.S. Government photo)

    (January 27, 2020) - - The U.S. Small Business Administration (SBA) released (today, January 27, 2020) the following information:

    WASHINGTON – Today, President Donald J. Trump and Vice President Mike Pence conducted the formal ceremonial swearing-in of Jovita Carranza, the 26th Administrator of the U.S. Small Business Administration. Administrator Carranza issued the following statement after her swearing-in ceremony: “It is truly the honor of a lifetime to lead the SBA. I would like to acknowledge the many family members, as...
    02-10-2020, 11:42 PM
  • Staff Reporter 1
    U.S. Small Business Administration Extends Comment Period for Consolidation of Mentor Protégé Programs
    by Staff Reporter 1
    U.S. Small Business Administration Extends Comment Period for Consolidation of Mentor Protégé Programs| site |



    Deadline to comment on the Proposed Rule is February 7, 2020


    (January 10, 2020) - - Today (January 10, 2020), the U.S. Small Business Administration (SBA) published the following information:

    WASHINGTON – The U.S. Small Business Administration is extending the comment period for the proposed rule in the Federal Register to consolidate its Mentor Protégé Programs an additional 21 days in response to the significant level of interest and requests from multiple stakeholders for an extension. The comment period has now been extended to Feb. 7, 2020.

    The SBA is proposing to merge the 8(a) Business Development (BD) Mentor-Protégé Program and the All Small Mentor-Protégé Program to eliminate confusion and remove unnecessary duplication of functions within the SBA. This proposed rule will:
    • Eliminate the requirement
    ...
    01-14-2020, 08:01 AM
  • Staff Reporter 1
    U.S. Securities and Exchange Commission Releases Report on 38th Annual Small Business Forum
    by Staff Reporter 1
    U.S. Securities and Exchange Commission Releases Report on 38th Annual Small Business Forum | site |



    (December 5, 2019) - - Today (December 5, 2019), the U.S. Securities and Exchange Commission (SEC) published the following information:

    The Securities and Exchange Commission today released a report on the 38th Annual Government-Business Forum on Small Business Capital Formation. The Forum is a unique event attended by SEC Commissioners and staff in which members of the public and private sectors gather to craft suggestions for securities policy impacting emerging businesses and their investors. The 2019 Forum was hosted in partnership with the Heider College of Business at Creighton University in Omaha, Nebraska, on Aug. 14, 2019, and marks the first year that the Forum was organized by the SEC’s new Office of the Advocate for Small Business Capital Formation. The report provides an executive summary of the Forum proceedings, the recommendations made by the    ...
    12-12-2019, 11:16 PM
  • Staff Reporter 1
    U.S. Securities and Exchange Commission Releases Report on 38th Annual Small Business Forum
    by Staff Reporter 1
    U.S. Securities and Exchange Commission Releases Report on 38th Annual Small Business Forum | site |



    (December 5, 2019) - - Today, the U.S. Securities and Exchange Commission (SEC) published the following information:

    Washington D.C., Dec. 5, 2019 — The Securities and Exchange Commission today released a report on the 38th Annual Government-Business Forum on Small Business Capital Formation. The Forum is a unique event attended by SEC Commissioners and staff in which members of the public and private sectors gather to craft suggestions for securities policy impacting emerging businesses and their investors. The 2019 Forum was hosted in partnership with the Heider College of Business at Creighton University in Omaha, Nebraska, on Aug. 14, 2019, and marks the first year that the Forum was organized by the SEC’s new Office of the Advocate for Small Business Capital Formation. The report provides an executive summary of the Forum proceedings, the recomme    ...
    12-05-2019, 09:33 PM
  • Staff Reporter 1
    U.S. Small Business Administration Issues Final Rule to Expand HUBZone Opportunities to Small Businesses and Revitalize Communities
    by Staff Reporter 1
    U.S. Small Business Administration Issues Final Rule to Expand HUBZone Opportunities to Small Businesses and Revitalize Communities | site |



    (November 26, 2019) - - Today, the U.S. Small Business Administration (SBA) published the following information:

    WASHINGTON – The U.S. Small Business Administration today issued a final rule that will implement changes to the Historically Underutilized Business Zone (HUBZone) program that will make the program more attractive to small businesses and encourage them to invest in HUBZone communities and hire HUBZone residents. The new rule changes will also make it easier for federal contracting officers to identify and work with HUBZone-certified small businesses. The rule is published in the Federal Register and effective December 26, 2019. "The exciting improvements outlined in this rule were designed to address longstanding uncertainty from both small businesses contemplating an investment in a designated     ...
    12-02-2019, 02:34 AM
  • Staff Reporter 1
    U.S. Small Business Administration Kicks off National Veterans Small Business Week Nov. 5-9
    by Staff Reporter 1
    U.S. Small Business Administration Kicks off National Veterans Small Business Week Nov. 5-9


    Washington, DC - - (October 29, 2018) - - 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. 5-9. “National Veterans Small Business Week is another opportunity for us not only to highlight the success of our nation’s 2.5 million veteran-owned businesses, but also to recognize the areas where there is still work to be done,” SBA Administrator Linda McMahon said. “Entrepreneurship is not a solo mission. I’m proud to be a part of a network that serves the needs of our veteran and military business owners.” SBA district offices and resource partners nationwide, as well as local organizations, will be hosting National Veterans Small Business Week eve...
    11-03-2018, 01:14 AM
  • Staff Reporter 1
    U.S. Department of Labor Announces Proposal to Help Small Businesses Strengthen Retirement Security for Millions of American Workers
    by Staff Reporter 1
    U.S. Department of Labor Announces Proposal to Help Small Businesses Strengthen Retirement Security for Millions of American Workers


    President Trump Seeks to Expand Access to Association Retirement Plans



    Washington, DC - - (October 22, 2018) - - The U.S. Department of Labor today announced a Notice of Proposed Rulemaking to help small businesses strengthen retirement security in America. The proposed rule would make it easier for small businesses to offer retirement savings plans to their workers through Association Retirement Plans, which would allow small businesses to band together to offer 401(k) plans to their employees. "President Donald J. Trump is moving to expand quality, affordable workplace retirement plan options for America's small businesses and their employees. Many small businesses would like to offer retirement benefits to their employees, but are disc...
    10-23-2018, 05:08 AM
  • Staff Reporter 1
    U.S. Small Business Administration Small Business Lending Momentum Continues in FY18
    by Staff Reporter 1
    U.S. Small Business Administration Small Business Lending Momentum Continues in FY18


    SBA FY18 total loan volume reaches more than $30 billion with more than 72,000 approved loans



    Washington, DC - - (October 15, 2018) - - The U.S. Small Business Administration (SBA) announced FY18 lending numbers showing that it guaranteed over $30 billion to small businesses that otherwise would not have had access to capital. “We are providing tools, resources and access to capital for America’s 30 million small businesses, and our FY18 numbers bear that out,” SBA Administrator Linda McMahon said. “SBA’s 7(a) and 504 loan programs have never been more dynamic, easy to use and accessible—helping small businesses succeed and thrive. Our loan programs in FY18 continue to show strong performance, and we believe the President’s tax cuts and deregulatory actions will help more s    ...
    10-18-2018, 07:43 AM
  • Staff Reporter 1
    U.S. Department of Labor Announces New Compliance Assistance Tools To Assist New and Small Businesses
    by Staff Reporter 1
    U.S. Department of Labor Announces New Compliance Assistance Tools To Assist New and Small Businesses




    Washington, DC - - (October 17, 2018) - - The U.S. Department of Labor today announced the launch of the New and Small Business Assistance and the Compliance Assistance Toolkits webpages. These new online tools assist American small businesses and workers with simple, straightforward resources that provide critical Wage and Hour Division (WHD) information, as well as links to other resources. The webpages were established in response to feedback received from new and small business stakeholders voicing their need for a centralized location to secure the tools and information they need to comply with federal labor laws. These new webpages provide the most relevant publications and answer the questions most frequently asked by new and small business owners. These tools, in conjunction...
    10-18-2018, 01:35 AM
  • Staff Reporter 1
    U.S. Small Business Administration Head says President Trump’s Gift Underscores His Commitment to a Strong, Growing Economy
    by Staff Reporter 1
    U.S. Small Business Administration Head says President Trump’s Gift Underscores His Commitment to a Strong, Growing Economy




    Washington, DC - - (October 3, 2018) - - Today, Linda E. McMahon, head of the U.S. Small Business Administration (SBA), made the following statement upon receiving President Donald J. Trump’s salary donation to boost programs aimed at partnering with veterans and growing our nation’s workforce: “President Trump understands the needs of our nation’s small businesses, and he is committed to putting forward strong policies that promote meaningful and innovative economic growth. The SBA is proud to use this generous gift to further our programs that focus on partnering with small businesses, so they may confidently create or expand their business. Specifically, this gift will assist the SBA with creating a seven-month intensive entrepreneur training program for...
    10-09-2018, 06:33 PM
  • Staff Reporter 1
    Federal Deposit Insurance Corporation Releases Report on Small Business Lending Survey
    by Staff Reporter 1
    Federal Deposit Insurance Corporation Releases Report on Small Business Lending Survey




    (October 1, 2018) - - The Federal Deposit Insurance Corporation (FDIC) today published a report on the findings of its Small Business Lending Survey, which collected data on how banks conduct their lending to small businesses. The report found that banks of different sizes approach small business lending differently, but that, overall, relationships are important for both small and large banks. Small banks, defined in the report as those with assets of less than $10 billion, are more likely to focus on relationship-based practices to conduct small business lending. Large banks, those with assets of $10 billion or more, are more likely to rely on transaction-based methods. However, both small and large banks place importance on relationships with their small business borrowers, and small business le...
    10-06-2018, 06:53 PM
  • Staff Reporter 1
    Hurricane Florence Survivors Eligible for Small Business Administration Loan Deferments
    by Staff Reporter 1
    Hurricane Florence Survivors Eligible for Small Business Administration Loan Deferments



    Washington, DC - - (September 28, 2018) - - To further support Hurricane Florence recovery efforts, the U.S. Small Business Administration (SBA) will offer deferments of up to nine months on SBA-serviced loans held by eligible residents, businesses and private nonprofits.

    Borrowers located in a North or South Carolina county designated a federal disaster area after Hurricane Florence, with SBA loans in “regular servicing” status on Sept. 13, 2018, may request a deferment of principal and interest for up to nine months.

    Loans eligible for deferment include:
    • 7(a) Loans
    • 504 Loans
    • Community Advantage Loans
    • Microloans
    • SBA disaster loans for homeowners, renters, businesses of all sizes and private nonprofit organizations
    To request a deferment on non-disaster loans, contact...
    10-05-2018, 02:22 PM
  • Staff Reporter 1
    U.S. Small Business Administration Offers Disaster Assistance to Residents of North Carolina Affected by Hurricane Florence
    by Staff Reporter 1
    U.S. Small Business Administration Offers Disaster Assistance to Residents of North Carolina Affected by Hurricane Florence




    Washington, DC - - (September 15, 2018) - - U.S. Small Business Administration (SBA) Administrator Linda McMahon issued the following statement after the announcement of the Presidential disaster declaration for several counties in North Carolina affected by Hurricane Florence beginning Sept. 7, 2018 and continuing:

    “The U.S. Small Business Administration is strongly committed to providing North Carolina residents with the most effective response possible to assist businesses, homeowners and renters with federal disaster loans. Getting businesses and communities up and running after a disaster is our highest priority.” The disaster declaration covers Beaufort, Brunswick, Carteret, Craven, New Hanover, Onslow, Pamlico and Pender counties in     ...
    09-15-2018, 10:46 PM
  • Staff Reporter 1
    U.S. Small Business Administration Acting to Help Interests Learn How to Prepare for Disasters - - Attend a Twitter Chat and a Webinar
    by Staff Reporter 1
    U.S. Small Business Administration Acting to Help Interests Learn How to Prepare for Disasters - - Attend a Twitter Chat and a Webinar





    Washington, DC - - (September 14, 2018) - - September is National Preparedness Month. The U.S. Small Business Administration (SBA) has partnered with the Insurance Institute for Business & Home Safety (IBHS) to help businesses become more aware of their risks while also helping them develop a continuity plan. Advance preparation is key to protecting your assets and reopening your business as quickly as possible.

    SBA says get tips on how to build your own disaster preparedness plan during an upcoming Twitter chat and webinar.
    • On Wednesday, Sept. 19 at 3:00 p.m. EDT, SBA, IBHS and the Federal Emergency Management Agency (FEMA) will co-host a twitter chat on disaster preparedness tips for businesses. Follow along with hashtag #SBA
    ...
    09-14-2018, 07:41 PM
  • Staff Reporter 1
    U.S. Small Business Administration Celebrates 65 Years of Service to America’s Entrepreneurs
    by Staff Reporter 1
    U.S. Small Business Administration Celebrates 65 Years of Service to America’s Entrepreneurs




    Washington, DC - - (July 30, 2018) - - Today, the U.S. Small Business Administration (SBA) marks 65 years of serving as a voice and ally to millions of small businesses. Since its founding on July 30, 1953, SBA has connected small businesses with access to funding, mentoring, counseling, and when disaster strikes, support to recover and get back to business. “The SBA has helped make the American Dream possible for millions of aspiring entrepreneurs over the years, and today the SBA’s commitment to growing the nation’s small business sector is as strong as it’s ever been,” said SBA Administrator Linda McMahon. “On our 65th year, we renew our commitment to providing relevant products and services to these vital job creators. As the Administration’s policies continue to drive ou...
    08-08-2018, 09:14 PM
  • Staff Reporter 1
    U.S. Small Business Administration Recognizes the Office of Surety Guarantees Award Winners
    by Staff Reporter 1
    U.S. Small Business Administration Recognizes the Office of Surety Guarantees Award Winners



    Washington, DC - - (June 13, 2018) - - 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 recovery and their commitment to helping small businesses obtain contracts with both government and private sector entities. Travelers Casualty and Surety Company of America was recognized as Surety of the Year. The Fedeli Group and Marcia D. Smith of Bond Specialist were honored as Surety Agency of the Year and Surety Agent of the Year, respectively. Bill Manger, Associate Administrator for the SBA’s Office of Capital Access said, “Our partners in the Surety Bond ...
    06-15-2018, 06:12 AM
  • Staff Reporter 1
    The U. S. Department of Energy Announces 34 Million Dollars for Small Business Research and Development Grants
    by Staff Reporter 1
    The U. S. Department of Energy Announces $34 Million for Small Business Research and Development Grants


    219 Grants Will Support Innovation and Job Creation



    Washington, DC - - (May 21, 2018) - - U.S. Energy Secretary Rick Perry today announced that the Department of Energy will award 219 grants totaling $34 million to 183 small businesses in 41 states. Funded through DOE’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, today’s selections are for Phase I research and development. The Phase I grants allow small businesses to research technical feasibility of innovations that advance the mission of the Department of Energy. Phase I grants are 6-12 months in duration with a median award amount of $150,000. Successful Phase I grantees will be eligible to compete for Phase II awards in fiscal year 2019 that will allow them     ...
    05-25-2018, 04:48 AM
  • Staff Reporter 1
    U.S. Department of Veterans Affairs and U.S. Small Business Administration Team up to Help Veteran Entrepreneurs
    by Staff Reporter 1
    U.S. Department of Veterans Affairs and U.S. Small Business Administration Team up to Help Veteran Entrepreneurs




    Washington, DC - - (May 4, 2018) - - The U.S. Department of Veterans Affairs (VA) is working with the U.S. Small Business Administration (SBA) to provide education and support to disabled Veterans interested in self-employment.

    VA’s Vocational Rehabilitation and Employment (VR&E) entered into an agreement with the SBA Office of Veterans Business Development in early December to provide self-employment guidance, assistance and on-the-job training to disabled Veterans. “Our partnership with the Small Business Administration brings together the best of public and private business resources to help disabled Veterans start their business on a firm footing,” said VA Acting Secretary Robert Wilkie. “This program is available to Veterans who want to transition     ...
    05-07-2018, 09:17 AM
  • Staff Reporter 1
    U.S. Small Business Administration Names Arlington Veteran Champion As The 2018 DFW District Veteran Business Champion of the Year
    by Staff Reporter 1
    U.S. Small Business Administration Names Arlington Veteran Champion As The 2018 DFW District Veteran Business Champion of the Year!


    DALLAS/FORT WORTH DISTRICT

    2018 DFW District Veteran Business Champion of the Year

    Myron Pullum, Business Advisor at the UTA Veterans Business Outreach Center




    SBA winners to be formally recognized in Arlington on May 4th during National Small Business Week, April 29th – May 5th



    Dallas/Fort Worth, TX - - (April 26, 2018) - - Herbert Austin, District Director of the U.S. Small Business Administration’s Dallas/Fort Worth District Office, announced today this year’s 2018 DFW District Veteran Business Champion of the Year Award will go to Myron Pullum, Business Advisor at the University of Texas at Arlington Veterans Business Outreach Center. Myron serves a three sta    ...
    05-02-2018, 10:37 AM
  • Staff Reporter 1
    U.S. Small Business Administration Recognizes Export Lenders Citibank and Byline Bank
    by Staff Reporter 1
    U.S. Small Business Administration Recognizes Export Lenders Citibank and Byline Bank



    Washington, DC - - (April 18, 2018) - - The U.S. Small Business Administration today honored Citibank and Byline Bank as the 2018 SBA Export Lenders of the Year, respectively, for large and small lending institutions during a ceremony at the 11th annual SBA Export Lender Roundtable in Washington, D.C. Citibank Senior Vice President Don DiMartini, and Byline Bank Small Business Capital President Bruce Lammers received the awards on behalf of their institutions. During the event, both lenders were recognized for their efforts to increase access to capital for United States companies, providing international trade financing to small businesses. SBA Administrator Linda McMahon said, “I want to congratulate and thank Citibank and Byline Bank for helping small business exporters expand, create high-wage jobs for Am...
    04-20-2018, 02:12 AM
  • Staff Reporter 1
    U.S. Department of Agriculture and U.S. Small Business Administration Join Forces to Help Businesses in Rural America
    by Staff Reporter 1
    U.S. Department of Agriculture and U.S. Small Business Administration Join Forces to Help Businesses in Rural America





    Washington, DC - - (April 4, 2018) - - U.S. Secretary of Agriculture Sonny Perdue and Administrator Linda McMahon, the head of the Small Business Administration (SBA), today signed a Memorandum of Understanding (MOU) between the U.S. Department of Agriculture (USDA) and the SBA to promote stronger businesses and agricultural economies in rural America. The two signed the MOU in Lima, Ohio, where Secretary Perdue was joined by Administrator McMahon for a portion of Perdue’s third “Back to Our Roots” RV tour.







    Under the newly-signed MOU, USDA and SBA will enhance collaboration and coordination in areas of mutual interest. Specifically, such collaboration is intended to improve investment opportunities...
    04-09-2018, 06:47 AM
  • OverSeer
    U.S. Small Business Administration Deadline to Apply for Working Capital Loans in North Carolina is April 26
    by OverSeer
    U.S. Small Business Administration Deadline to Apply for Working Capital Loans in North Carolina is April 26





    Atlanta, GA - - (March 28, 2017) - - The U.S. Small Business Administration is reminding businesses in North Carolina that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by high winds, flooding and severe storms on July 16, 2016.

    “Businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the April 26 deadline,” said Frank Skaggs, director of SBA Field Operations Center East.

    Low-interest disaster loans are available in the following counties: Chatham, Durham, Granville, Orange, Person and Wake in North Carolina.

    Working capital disaster loans up to $2 million are available at 4    ...
    04-10-2017, 09:56 PM
  • OverSeer
    U.S. Small Business Administration Expands its Emerging Leaders Initiative Helping Small Businesses to Thrive
    by OverSeer
    U.S. Small Business Administration Expands its Emerging Leaders Initiative Helping Small Businesses to Thrive




    Recruitment now underway to help increase small business development in underserved communities



    Washington, DC - - (March 10, 2017) - - The U.S. Small Business Administration today announced the launch of the 2017 Emerging Leaders Initiative, a seven-month executive-level training series targeting small businesses with high-growth potential in underserved cities across the nation. This year, three new cities have been added, bringing the number of participating communities to 55.

    Local recruitment for the 2017 training cycle has begun and is ongoing at designated SBA district offices. Classes are scheduled to begin in April, and interested small business owners can learn more on eligibility and how to apply at the SBA’s website: www.sba.gov/emergingleaders. The SBA’s Emerging Leaders Initiative delivers en    ...
    03-15-2017, 10:50 PM
  • OverSeer
    U.S. Small Business Administration Economic Injury Disaster Loans Available in North Carolina Following Secretary of Agriculture Disaster Declaration for Drought
    by OverSeer
    U.S. Small Business Administration Economic Injury Disaster Loans Available in North Carolina Following Secretary of Agriculture Disaster Declaration for Drought


    Counties: Buncombe, Burke, Catawba, Cherokee, Clay, Cleveland, Gaston, Graham, Haywood, Henderson, Iredell, Jackson, Lincoln, Macon, Madison, Mecklenburg, Rutherford, Transylvania, Swain and Yancey





    Atlanta, GA - - (March 3, 2017) - - The U.S. Small Business Administration (SBA) announced today that federal Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations located in North Carolina as a result of the drought that began on Nov. 1, 2016.

    The SBA’s disaster declaration includes the following counties: Buncombe, Burke, Catawba, Cherokee, Clay, Cleveland, Gaston, Graham, Haywood, Henderson, Iredell, Jackson, Lincoln, Macon, Madison, Me    ...
    03-10-2017, 11:30 AM
  • OverSeer
    U.S. Small Business Administration Administrator Linda McMahon Appoints Mary Anne Bradfield as Chief of Staff
    by OverSeer
    U.S. Small Business Administration Administrator Linda McMahon Appoints Mary Anne Bradfield as Chief of Staff




    February 27, 2017


    Washington, DC - - (February 27, 2017) - - Administrator Linda McMahon of the U.S. Small Business Administration (SBA) announced today that Mary Anne Bradfield will serve as her new Chief of Staff. “I’m so pleased to have Mary Anne by my side. Her wealth of private and public sector leadership and management experience, including four years of experience at SBA in the front office and in congressional affairs, will bring the expertise needed for this critical position,” said McMahon Bradfield brings experience in agency-level management, strategic budget development, public and congressional relations, and program implementation, as well as policy expertise in economic development and small business. These areas of competency directly correlate with her new role at SBA. “I am honored to join A    ...
    03-01-2017, 08:36 PM
  • OverSeer
    Centers for Medicare and Medicaid Services Awards Approximately 100 Million Dollars to Help Small Practices Succeed in the Quality Payment Program
    by OverSeer
    Centers for Medicare & Medicaid Services Awards Approximately $100 Million to Help Small Practices Succeed in the Quality Payment Program


    New helpline launched to provide additional support




    March 1, 2017


    (February 17, 2017) - - Today, the Centers for Medicare & Medicaid Services (CMS) awarded approximately $20 million to 11 organizations for the first year of a five-year program to provide on-the-ground training and education about the Quality Payment Program for clinicians in individual or small group practices of 15 clinicians or fewer. CMS intends to invest up to an additional $80 million over the remaining four years.

    These local, experienced, community-based organizations will provide hands-on training to help thousands of small practices, especially those that practice in historically under-resourced areas including rural areas, health professional shortage areas, and medically underserved    ...
    03-01-2017, 12:19 AM
  • OverSeer
    Linda McMahon Confirmed By Senate as U.S. Small Business Administration Administrator
    by OverSeer
    Linda McMahon Confirmed By Senate as U.S. Small Business Administration Administrator







    February 16, 2017



    Washington, DC - - (February 15, 2017) - - The U.S. Senate confirmed on Tuesday President Donald Trump’s nomination of Linda E. McMahon as the 25th Administrator of the U.S. Small Business Administration. “Small businesses are the engine of our national economy,” McMahon said upon her confirmation. “I will work to revitalize a spirit of entrepreneurship in America. Small businesses want to feel they can take a risk on an expansion or a new hire without fearing onerous new regulations or unexpected taxes, fees and fines that will make such growth unaffordable. We want to renew optimism in our economy.” “I want to thank President Trump for this opportunity to join his Administration and to advocate for our nation’s small business owners and entrepreneurs,” McMahon said. “I would also l    ...
    02-16-2017, 04:18 PM
  • OverSeer
    Deadline Approaching in Georgia for U.S. Small Business Administration Working Capital Loans
    by OverSeer
    Deadline Approaching in Georgia for U.S. Small Business Administration Working Capital Loans



    Counties are eligible because they are contiguous to one or more primary counties in Tennessee




    February 8, 2017


    Atlanta, GA - - (February 7, 2017) - - The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that March 6 is the filing deadline for federal economic injury disaster loans in Catoosa, Dade, Walker and Whitfield counties in Georgia as a result of the drought that began on June 28, 2016.

    “These counties are eligible because they are contiguous to one or more primary counties in Tennessee. The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration    ...
    02-08-2017, 09:15 AM
  • OverSeer
    U.S. Small Business' Emerging Leaders Initiative Returns to Seattle
    by OverSeer
    U.S. Small Business' Emerging Leaders Initiative Returns to Seattle



    Free “Mini-MBA” Program Provided by SBA Gives Business Owners Tools to Spark Sustainable Business Growth, Job Creation in Western Washington



    January 16, 2017


    Seattle, WA - - (January 13, 2017) - - For the fifth year in row, the U.S. Small Business Administration (SBA) Seattle District Office is offering the Emerging Leaders training initiative for local small businesses on the brink of growth.

    The intensive entrepreneurship education series – for small businesses beyond the startup stage – includes approximately 100 hours of classroom time during seven months. Upon completion of the course, participants have a three-year growth action plan and a network of peers and industry experts.

    Plus, for every $200 the SBA invests in the Emerging Leaders initiative, a new job is created.

    “The beauty of the SBA Emerging    ...
    01-16-2017, 04:04 AM
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