SBA: Season of Small Business to Kick Off with Small Business Saturday on November 30th
This Year’s Theme — Gift Big, Shop Local™ — Encourages Shoppers to Support Local Small Businesses Throughout the Holiday Season 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, is urging Americans to embrace the spirit of the holiday…
SBA: Surety Program Notches Best Year in 25 Years, Bonding $2.8B in Contracts to Small Businesses
Agency Announces Top Performing Surety Partners, Bonding Agencies “Under the Biden-Harris Administration, the SBA’s capital programs have been transformed to reach new highs as we continue to deliver historic levels of support for small businesses – including those benefiting from new contracts and supply chain expansion under the President’s Investing in America Agenda,” said SBA Administrator…
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: Funding for New Disaster Loans Exhausted
Disaster Survivors in Need of Loans Should Continue to Apply While SBA Awaits Additional Funding Today, the SBA announced that it has exhausted funds for its disaster loan program after warnings that funding would soon run out following increased demand from Hurricane Helene. Until Congress appropriates additional funds, the SBA is pausing new loan offers for its direct,…
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: 11th Annual National Veterans Small Business Week Scheduled for November 11th through 15th
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 will celebrate National Veterans Small Business Week (NVSBW) from Nov. 11 to Nov. 15. The 11th annual weeklong celebration will offer both in-person and virtual events across the…
SBA: Final Rule Issued to Lower Costs for Small Businesses
After Interest Rate Cuts Generate Automatic Savings for Hundreds of Thousands of SBA Borrowers, 504 Program Changes Will Lower Costs Further for More Small Businesses 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 a new rule that…
SBA: $20 Million in Grants Announced for States to Boost Small Business Exports
43 State Trade Expansion Program Awardees to Provide Financial Support for Trade Missions and Training Today, 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 $20 million in State Trade Expansion Program (STEP) grants(Link is external) have been awarded to 43 state and territory international…
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…