Entrepreneurs

SBA: Growth Accelerator Fund Competition to Accelerate Innovation-Driven Ecosystem Building Announced Offering Up to $9 Million in Awards

Entrepreneur Support Organizations Will Compete in Two Stages for $75,000 to $150,000; 2025 Application Opens Jan. 8, 2025 Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses and startups, announced the upcoming launch of the 2025 Growth Accelerator Fund Competition…

SBA: New Report Reveals Historic Surge in Small Business Financing

Dramatic FY24 Growth Driven by Small-Dollar 7(a) Loans and Loans to Women, Black, and Latino Entrepreneurs Today, Vice President Kamala Harris and Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s more than 34 million small businesses in President Biden’s Cabinet, announced(Link is external) that the SBA delivered a transformative $56 billion…

SBA: $9 Million in Grants Awarded to 49 Organizations Across America to Help Underserved Communities Access Development Funding and Innovative Research

Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced that the SBA has issued 49 grants up to $200,000 each to organizations supporting startups through specialized training, mentoring, and technical assistance under the Federal and State Technology (FAST) Partnership Program. “FAST…

SBA: 14 New Awards Announced for Regional Innovation Cluster Network to Drive Nationwide Small Business Growth, Job Creation and Innovation

Awardees Will Serve as Hubs for Local Economies in BioTech, Cybersecurity, Smart Manufacturing, and Agriculture Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced the expansion of the SBA’s Regional Innovation Cluster (RIC) network with 14 new awards. These awards aim…

SBA: Over $3 Million in Awards Announced to Advance Local Entrepreneurial Ecosystems for STEM, R&D-Focused Small Businesses and Startups

SBA Growth Accelerator Fund Competition Awards to 44 Innovation Accelerator Partnerships Across National Priority Areas Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced the 2024 Growth Accelerator Fund Competition (GAFC) Stage Two winners. Forty-four accelerator partnerships received between $50,000…

SBA: AMEX, WIPP and SBA to Co-Host Education Initiative for Women Entrepreneurs This Fall

Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced that the federal agency will cohost two events in the Washington, D.C., area and Florida alongside Women Impacting Public Policy (WIPP) and American Express (AMEX) this fall as a continuation of the 2024 National…

EDA: $1.3 Million Invested for Infrastructure Improvements to Support Agricultural Entrepreneurs in Cedar Rapids, IA

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.3 million grant to NewBo City Market in Cedar Rapids, Iowa, for infrastructure improvements to support agricultural businesses. This grant will support a renovation and expansion of the facility, driving workforce growth and supporting new small businesses. This…

SBA: $1 Million Announced for Grant Awardees to Expand Resources for Veteran Entrepreneurs

Ohio, Pennsylvania, and Puerto Rico-based Grantees to Offer New Veterans Business Outreach Centers Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced more than $1 million in grant awards(Link is external) to three organizations in Ohio, Pennsylvania, and Puerto Rico. The…

SBA: Small Dollar Lending and Lending To Underserved Entrepreneurs Continues to Rise as Record 19 Million New Business Applications Filed Since 2021

Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced the Biden-Harris Administration has tripled SBA lending to Black-owned businesses while doubling small-dollar lending and lending to Latino- and women-owned small businesses. The new data comes as the United States reaches a record 19 million(Link…

SBA: Department of Veterans Affairs and SBA Join Forces to Promote Veteran Entrepreneurship

New Agreement Formalizes Collaboration on Nationwide Trainings On August 12, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced the signing of a memorandum of understanding (MOU) between the SBA’s Office of Veterans Business Development (OVBD) and the…