Economic Development

SBA: Small Business Technology Coalition Relaunched

WASHINGTON – The Small Business Technology Coalition, the go-to resource for entrepreneurs seeking to leverage technology, relaunched today with new partners and a greater emphasis on training users to make their businesses more effective and efficient, Administrator Linda McMahon of the U.S. Small Business Administration announced today. The Technology Coalition (www.sba.gov/techcoalition) is a public-private partnership…

SBA: National Small Business Week Co-Sponsors Hosting Training Webinars | May 2-4

WASHINGTON, D.C. – As part of National Small Business Week, April 30 – May 6, the U.S. Small Business Administration, SCORE and cosponsors from Visa, YP, Google, Salesforce, Constant Contact and Chase will be hosting numerous training webinars/webcast. The webinars/webcast are free of charge, but registration space is limited on a first-come, first-served basis. NSBW…

SBA: National Small Business Week 2017 to Kick-off in the Nation’s Capital

Leading organizations join forces with SBA to make the week possible Release Date: Tuesday, April 18, 2017 Release Number: 17-21 Contact: Terry Sutherland (202) 205-6919 Internet Address: https://www.sba.gov/news WASHINGTON – National Small Business Week 2017 kicks off at the end of this month with an awards ceremony in Washington, D.C. where national award winners including…

Federal Reserve: Accepting Applications for its Community Advisory Council

The Federal Reserve Board announced on Tuesday that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC). Formed in 2015, the CAC advises the Board on issues affecting consumers and communities. The CAC is made up of a diverse group of experts and representatives of…

CDFI Fund: Application Period for FY 2017 Bond Guarantee Program Open

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2017 application period for the CDFI Bond Guarantee Program. Application materials are available on the CDFI Fund’s website in anticipation of the publication of the Notice of Guarantee Authority (NOGA) in the Federal Register later this…

CDFI Fund: Treasury Announces $7 Billion Allocation of New Market Tax Credits

Largest single round in the history of the New Markets Tax Credit Program will spur economic, community development in nation’s distressed and low-income communities WASHINGTON–Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced that 120 organizations nationwide will receive a total of $7 billion in New Markets Tax Credit…

CDFI Fund: Annual CIIS Public Data on CDFI Program Recipient Reporting Released

The Community Development Financial Institutions Fund (CDFI Fund) released today twelve years of data provided by Community Development Financial Institutions (CDFIs) through its data collection system, known as the Community Investment Impact System (CIIS). The data collected covers fiscal years (FY) 2003 through 2014. The release contains Institution Level Report (ILR) data on 777 CDFIs…

ABA to Congress: Smart Policies Allow Banks to Innovate, Partner with FinTech Startups

Nichols says trusted customer relationships are paramount to success WASHINGTON — Banks are innovating and partnering with startups to help benefit their customers, but smart policies are key to facilitating a modern, high-tech system, according to testimony from American Bankers Association president and CEO Rob Nichols before the House Financial Services Subcommittee on Financial Institutions and Consumer…

OCC: Comptroller Discusses Efforts to Promote Community Revitalization

NEW YORK—Comptroller of the Currency Thomas J. Curry today discussed efforts to promote community revitalization through responsibly innovative funding and other assistance to support rehabilitation of homes in distressed communities. The remarks came during his appearance at the Community Development Corporation of Long Island’s Annual Lenders Forum. Related Links Remarks (PDF) Comptroller of the Currency Thomas…

CDFI Fund: “Access to Capital and Credit in Native Communities” Report Released

NEW REPORT FOCUSES ON CHANGES OVER THE LAST 15 YEARS AND OPPORTUNITIES MOVING FORWARD May 23, 2016 A new independent report on access to capital and credit in American Indian, Alaska Native, and Native Hawaiian communities (Native Communities) was released today by the Native Nations Institute. The Access to Capital and Credit in Native Communities…