CDFI Fund: Apply Now for the Brand New CDFI Equitable Recovery Program
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the CDFI Equitable Recovery Program (CDFI ERP) today. The program will provide approximately $1.73 billion in awards, which was included in the Consolidated Appropriations Act, 2021 (Pub. L. 116-260), to Certified Community Development…
ABA: Foundation Encourages Banks to Submit Nominations for 10th Annual Community Commitment Awards
The ABA Foundation is seeking submissions for its 10th annual Community Commitment Awards. The awards, one of the industry’s highest honors for extraordinary community engagement, recognizes innovative, high-impact bank programs that improve the quality of life for customers banks serve. The entry period for submitting nominations ends July 1. “Over the last 10 years, ABA has…
ABA: Foundation Recognizes ‘Lights, Camera, Save!’ Winners for 2022
Ohio Teen Named Grand Prize Winner of National Video Contest Brodie Bosworth, a 17-year-old student at Lancaster High School in Lancaster, Ohio, is the national winner of the American Bankers Association Foundation’s Lights, Camera, Save! teen video contest for his entry, “Money Tree.” The ABA Foundation announced the national contest winners today via a video posted to ABA’s…
FDIC: James Madison University College of Business Wins FDIC’s Second Annual Academic Challenge
Undergraduate team selected for examination of the impact of COVID-19 on U.S. banks The Federal Deposit Insurance Corporation (FDIC) today announced a four-member team of undergraduate students from James Madison University College of Business won the agency’s Second Annual FDIC Academic Challenge, a competition among university and college students concerning the U.S. banking sector. The FDIC…
SBA: Launch of Inaugural America’s Seed Fund Expo Competition for Small Businesses, Startups, and Inventors Announced
Applications will be accepted until April 22, 2022 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 launch of America’s Seed Fund Startup Expo 2022, a new initiative aimed at identifying innovative startups and supporting them with resources to help them scale,…
SBA: National Small Business Week Announced for May 1-7, 2022
SBA Will Recognize Top Small Businesses with a Four-Day Series of Events Including a Live Virtual Summit, Educational Sessions, and Award Presentations 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 that National Small Business Week (NSBW): Building a Better America Through Entrepreneurship will…
ABA: Indiana Banker and Ohio Farm Broadcaster Receive Top Ag Banking Awards
The American Bankers Association today announced the recipients of its Bruning and Blanchfield Awards, the association’s premier awards presented for significant contributions to agricultural banking. ABA will honor Joseph F. Kessie, senior vice president and commercial regional manager of Lake City Bank in Indiana, with the Bruning Award and Joe Cornely, founder of Farm Media…
ABA: Six Banks Win ABA Foundation’s 2021 Community Commitment Awards
Banks of all sizes earn banking industry’s highest honor awards for community programs The American Bankers Association Foundation named six banks as 2021 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in six specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in…
SBA: Office of Surety Guarantees FY20 Award Winners Recognized
Winners highlighted have more than 524 bonds with contract value of more than $260 million 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…
SBA: 6th Annual Growth Accelerator Fund Competition Launched Including Debut of SBIR Catalyst Awards of Over $5 Million in Prizes
The U.S. Small Business Administration announced its 6th Annual Growth Accelerator Fund Competition (GAFC) with the addition of a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale. The 2021 Growth Accelerator Fund Competition and Small Business Innovation Research (SBIR) Catalyst programs will recognize the nation’s most innovative organizations with inclusive…