ABA: Board & Officers for 2023-2024 Nominated
The American Bankers Association’s Nominating Committee has finalized the official slate of candidates to be presented for election at the association’s annual meeting scheduled for October 8-10 in Nashville, Tenn. The committee, chaired by A. Scott Anderson, president and CEO, Zions Bank, Salt Lake City, nominated these candidates for ABA officer positions: The committee also…
SBA: Call for Nominations Announced for 2024 National Small Business Week Awards
Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the call for nominations for the 2024 National Small Business Week (NSBW) Awards. The NSBW Awards recognize the outstanding achievements, triumphs, contributions, and resilience of SBA-assisted small businesses that help to drive the American economy. “Small businesses…
EDA: $1.6 Million Invested to Support Industrial Technology Workforce Development in Rock Hill, SC
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to York Technical College in Rock Hill, South Carolina, to support workforce development and job creation in the industrial sector. This grant will support the procurement of equipment necessary to upgrade and expand training capacity…
SBA: Veterans Small Business Advisory Committees Schedule Virtual Public Meetings for September 13th and 14th
Today, the U.S. Small Business Administration (SBA) Interagency Task Force (IATF) on Veterans Small Business Development and the SBA Advisory Committee on Veterans Business Affairs (ACVBA) announced they will hold their next set of virtual public meetings on September 13 and 14, respectively. “The IATF and ACVBA meetings are open to the public each quarter to encourage business…
SBA: Legacy Businesses Recognized During SBA’s 70th Anniversary Celebration
Today, as part of the agency’s 70th anniversary celebration, SBA Administrator Isabella Casillas Guzman, the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognizes U.S. Small Business Administration(SBA) Legacy Businesses from our 68 district offices of which many recipients started small and leveraged SBA resources on their journey to becoming household names. Administrator Guzman…
FDIC: Start of Marketing Process Announced for $33 Billion Commercial Real Estate Loan Portfolio of Former Signature Bank, New York
Today, the Federal Deposit Insurance Corporation (FDIC) announced the start of a marketing process for the approximately $33 billion Commercial Real Estate (CRE) loan portfolio retained in receivership following the failure of Signature Bank, New York, New York. The majority of the CRE loan portfolio being marketed is comprised of multifamily properties, primarily located in…
SBA: 14 Appointees Announced for the New Investment Capital Advisory Committee
The Committee Will Advise SBA in the Development of a More Inclusive and Accessible Ecosystem for Small Businesses Nationwide Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the appointment of 14 members to the newly established federal Investment Capital Advisory Committee (ICAC)….
HUD: Updated Fair Market Rents Released and $113 Million in Affordable Housing Vouchers Available
Department increases Fair Market Rents by 12 percent on average across the U.S., releases vouchers to 36 states to help more families afford housing Today, the U.S. Department of Housing and Urban Development (HUD) announced two actions that together will enable more families to rent a healthy, stable home at an affordable cost: publishing Fair…
EDA: Tech Hubs Competitions Applications Show Nationwide Excitement for Investing in America’s Technological Future
The U.S. Department of Commerce’s Economic Development Administration (EDA), announced the receipt of hundreds of applications for Phase 1 of the Regional Technology and Innovation Hubs (Tech Hubs) competition, a key piece of President Biden’s Investing in America agenda. In total, 48 states and 3 territories submitted Tech Hubs Phase 1 applications. Phase 1 of this competition will designate…
SBA: “Investing in America: Small Business Tools and Resources” Webinar Series Launched by SBA and the Public Private Strategies Institute
The U.S. Small Business Administration (SBA) formally announced today its “Investing in America: Small Business Tools and Resources” series, a new collaboration with Public Private Strategies Institute (PPSI) to expand public awareness of SBA’s programs, priorities, and initiatives that will empower business owners across the country, particularly those from underserved and disadvantaged communities. As part of…