SBA: Deadline Extended for 2019 National Small Business Week Awards Nominations
Due to the federal government shutdown, the U.S. Small Business Administration has extended the deadline for the 2019 National Small Business Week Awards nominations. Now, all nominations must be submitted no later than 3 p.m. EST, February 4, 2019. Since 1963, National Small Business Week has recognized the outstanding achievements of America’s small businesses for…
FEMA: Nearly $350 Million in Federal Grants and Loans Approved for California Wildfire Survivors
Over the two months since wildfires in two disparate regions of the state grew into deadly disasters of historic proportions, the Federal Emergency Management Agency (FEMA) and the U.S. Small Business Administration (SBA) have approved more than $347 million in grants and low-interest disaster loans to assist survivors in their recovery. The California Governor’s Office…
SBA: Upcoming Workshops on Applying for Women’s Business Center Grants
The U.S. Small Business Administration (SBA) will conduct workshops to train organizations in Idaho on best practices regarding the Women’s Business Center (WBC) grant application process. The dates and locations of the workshops will be held in mid-January with more information announced at a later date. “We know that when women get help in the…
SBA: Jihoon Kim Selected to Lead the Office of Financial Program Operations
Administrator Linda McMahon of the U.S. Small Business Administration (SBA) announced the selection of Jihoon Kim as the director for the SBA’s Office of Financial Program Operations (OFPO). In this role, Kim is responsible for overseeing SBA’s national lending operations, including 504 and 7(a) loan processing centers in Sacramento, Calif., and Hazard, Ky.; 504 and…
SBA: Small Business Saturday Kicks-off in Neighborhoods across America
Annual celebration attracts more than 100 million consumers U.S. Small Business Administrator Linda McMahon is encouraging Americans to support local communities by shopping at small businesses on Saturday, November 24. Celebrated each year on the Saturday after Thanksgiving, Small Business Saturday allows consumers to make a tremendous impact in their neighborhoods by supporting a local…
SBA: Report Shows Veteran-Owned Small Businesses Face More Financing Challenges than Non-Veteran Small Businesses
New report presents substantial data on Veteran-Owned companies’ capital access challenges; Cites smaller loan requests, higher credit risk and lack of Information as possible causes WASHINGTON – The Federal Reserve Bank of New York and the U.S. Small Business Administration today issued the report Financing their Future: Veteran Entrepreneurs and Capital Access. The report provides a…
SBA: National Veterans Small Business Week Kicks Off November 5-9
The U.S. Small Business Administration will celebrate the accomplishments of veteran, service member and military spouse small business owners nationwide during National Veterans Small Business Week, Nov. 5-9. “National Veterans Small Business Week is another opportunity for us not only to highlight the success of our nation’s 2.5 million veteran-owned businesses, but also to recognize…
SBA: Shawn Pensoneau Appointed to Office of Native American Affairs
Administrator Linda McMahon of the U.S. Small Business Administration announced the appointment of Shawn Pensoneau as the Assistant Administrator for the SBA’s Office of Native American Affairs. In this role, he will oversees the office’s collaboration with American Indians, Alaska Natives and Native Hawaiians who seek to create, develop and expand small businesses and ensure…
SBA: Small Business Lending Momentum Continues in FY18
SBA FY18 total loan volume reaches more than $30 billion with more than 72,000 approved loans The U.S. Small Business Administration announced FY18 lending numbers showing that it guaranteed over $30 billion to small businesses that otherwise would not have had access to capital. “We are providing tools, resources and access to capital for America’s…
SBA: Contributions of Women Entrepreneurs Recognized during National Women’s Small Business Month
The U.S. Small Business Administration is recognizing National Women’s Small Business Month and the countless women small business owners who have pursued their passion and taken the leap into entrepreneurship. Women are a driving force in the nation’s economy, starting most new businesses. They own 9.9 million companies that employ more than eight million people…