SBA: Updated Criteria on States for Requesting Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
Today, as part of the Trump Administration’s aggressive, whole-of-government efforts to combat the Coronavirus outbreak (COVID-19) and minimize economic disruption to the nation’s 30 million small businesses, U.S. Small Business Administration Administrator Jovita Carranza issued revised criteria for states or territories seeking an economic injury declaration related to Coronavirus (COVID-19). The relaxed criteria will have two immediate…
SBA: Disaster Assistance Loans Available for Small Businesses Impacted by Coronavirus (COVID-19)
SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses are vital economic engines in every community and state, and they have helped make our economy the strongest…
SBA: Services Expanded for Women Entrepreneurs in West Virginia
Applications accepted through March 23, 2020 The U.S. Small Business Administration is accepting grant applications for a new Women’s Business Center in West Virginia. This expansion of SBA services is part of the agency’s priority to open more doors for women entrepreneurs and increase access to resources in socially and economically disadvantaged communities. “This new grant opportunity…
SBA: Veterans Small Business Advisory Committees to Host Public Meetings on March 4 and 5
The U.S. Small Business Administration’sInteragency Task Force on Veterans Small Business Development and Advisory Committee on Veterans Business Affairs will hold public meetings on March 4 and 5 respectively at SBA headquarters in Washington, D.C. The meetings will also be accessible via teleconference and webinar. Fran Perez-Wilhite is the newly appointed ACVBA chairwoman. She was chosen…
SBA: Services Expanded for Women Entrepreneurs in South Carolina
The U.S. Small Business Administration (SBA) is accepting grant applications for a new Women’s Business Center in South Carolina. This expansion of SBA services is part of the agency’s priority to open more doors for women entrepreneurs and increase access to resources in socially and economically disadvantaged communities. “This new grant opportunity will empower nonprofit organizations to…
SBA: Funding Opportunity Announced through the State Trade Expansion Program
Grant provides opportunities for small businesses to take their businesses global The U.S. Small Business Administration announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program. The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in, and capable of providing assistance, guidance and…
SBA: FDIC & SBA Update Money Smart for Small Business Credit and Banking Modules
The U.S. Small Business Administration and the Federal Deposit Insurance Corporation have released two updates to the popular Money Smart for Small Business curriculum. The updated modules focus on banking and credit. They are available for SBA Resource Partners, financial institutions and economic development organizations to help train entrepreneurs and small business owners. Money Smart for Small Business is an…
SBA: Workshops on Applying for Women’s Business Center Grants Set for Feb. 4-5, 2020 in South Carolina
Funding Available to Help Train South Carolina’s Women Entrepreneurs he U.S. Small Business Administration will hold roundtable training sessions in Columbia and Charleston, South Carolina on best practices regarding the Women’s Business Center grant application opportunity. Columbia: Tuesday, Feb. 4 at 10 a.m. ESTBenedict College Business Development Center2601 Read St, Columbia, S.C. 29204Register for Columbia Event Charleston: Wednesday,…
FDIC: Money Smart for Small Business Credit and Banking Modules Updated
Enhanced tools can help banks support small businesses As part of their ongoing commitment to strengthening bank-community partnerships, the Federal Deposit Insurance Corporation (FDIC) and U.S. Small Business Administration (SBA) today released two updates to the popular Money Smart for Small Business curriculum. The updated modules focus on banking and credit, and are now available for banks…
SBA: New Final Rule Modifies Method for Calculating Annual Revenues for Small Businesses
The U.S. Small Business Administration today published in the Federal Register a final rule to modify its method for calculating annual revenues used to prescribe size standards for small businesses. The final rule is effective Jan. 6, 2020. The SBA changed its regulations on the calculation of annual revenues from a three-year averaging period to a five-year averaging period, outside of…