SBA: Rules Implemented to Address Persistent Capital Access Gaps
Loan program updates will advance equity for rural, veteran, women, and minority-owned businesses The U.S. Small Business Administration has finalized two rules to address persistent gaps in access to capital impacting small business owners in underserved communities as part of the Biden-Harris Administration’s effort to grow the economy from the middle out and bottom-up, not…
SBA: 2023 National Small Business Week Co-Sponsors and Virtual Summit Agenda Announced
Today, the U.S. Small Business Administration announced the 2023 National Small Business Week (NSBW) co-sponsors and the schedule for the Virtual Summit, taking place May 2-3, 2023. This year’s NSBW Virtual Summit will feature educational workshops presented by our co-sponsors, provide access to federal resources and offer networking to help our nation’s entrepreneurs start and grow their businesses. To register…
SBA: Resource Partners of the Year Announced
Winners offer outstanding counseling and funding opportunities for entrepreneurs Today, the U.S. Small Business Administration (SBA) announced four Resource Partners of the Year awards. SBA Resource Partners, funded in part by the SBA, provide America’s small businesses with technical assistance, training, and access to capital. In the first two years of the Biden-Harris Administration, a record-breaking 10.5 million…
SBA: 2023 Phoenix Award Winners for Outstanding Disaster Recovery Efforts Announced
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 2023 Phoenix Award winners. SBA recognizes the Phoenix Award winners every year during National Small Business Week for their inspiring resilience in the aftermath of devastating natural disasters, which climate…
SBA: America’s Women Entrepreneurs Recognized During the SBA Second Annual Women’s Business Summit
In honor of Women’s History Month, the U.S. Small Business Administration (SBA) held a two-day Women’s Business Summit on March 28-29, 2023, which drew more than 10,000 participants. Attendees heard from President Biden, Administrator Isabella Casillas Guzman, the Senate Small Business Committee Chair Sen. Ben Cardin (D-MD), the House Small Business Committee Ranking Member Rep. Nydia Velazquez…
EDA: U.S. Department of Commerce Funds Eight Communities of Practice to Bolster Economic Competitiveness and Resiliency
Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) had completed awarding $27.9 million in cooperative agreements to establish eight economic development Communities of Practice. Communities of practice are designed to connect participants to capture and disseminate practical knowledge. Each Community of Practice supported through these EDA awards will…
SBA: Second Annual Women’s Business Summit Announced for March 28-29, 2023
The summit convenes women entrepreneurs and thought leaders from across the public and private sectors In honor of Women’s History Month, the U.S. Small Business Administration (SBA) will hold its 2023 Women’s Business Summit from March 28-29, 2023. The two-day hybrid summit will feature virtual panels, “Ask an Expert” workshops, and fireside chats to help women-owned small businesses…
SBA: 2023 State Small Business Persons of the Year Recognized
Top entrepreneurs to be formally recognized during National Small Business Week Awards Ceremony Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s 33 million small businesses, announced today the 2023 Small Business Persons of the Year from each of the 50 states, the District of Columbia,…
SBA: New HUBZone Map Update Expands Small Business Program Participtaion and Federal Contract Eligibility
Hundreds of Small Firms in Economically Disadvantaged Areas May Now Qualify for HUBZone Certification Today, the U.S. Small Business Administration (SBA) announced the launch of a new Historically Underutilized Business Zone (HUBZone) preview map, which shows that hundreds of firms in newly released designated underserved areas will become eligible to apply for HUBZone certification, enabling them to compete for…
SBA: Informational Webinars Announced for 2023 Growth Accelerator Fund Competition
Agency to Host Virtual Informational Events for Qualified Applicants February 6-9. Today, the U.S. Small Business Administration announced virtual events will be held for applicants for its seventh Growth Accelerator Fund Competition (GAFC). The GAFC will offer $13 million in prizes awarded in 2023 and 2024 aimed at expanding growth accelerators and creating innovative partnerships with…