SBA

SBA: Historic Step Taken to Expand Access to Capital and Fill Lending Gaps in Underserved Communities through the SBLC Program

New Licenses Mark Milestone Achievement in Biden-Harris Administration Efforts to Increase Access to Capital Today, Administrator Isabel Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced that the SBA has granted three new Small Business Lending Company (SBLC) licenses to lenders focused…

SBA: Boots to Business Instructors of the Year Announced to Recognize Those Who Help Set Up Veteran-Owned Small Businesses for Success

Five Award Recipients Will be Recognized During National Veterans Small Business Week, Oct. 30 to Nov. 3 Today, the U.S. Small Business Administration (SBA) named five recipients as “Boots to Business (B2B) Instructor of the Year” award winners. SBA representatives and its partner networks receive feedback about Boots to Business instructors throughout the year and honor those…

SBA: Anniversary of Women’s Business Ownership Act Celebrated and FY Lending to Women-Owned Businesses Announced

SBA-Backed Loans to Women-Owned Small Businesses are Up 70% Under Biden-Harris Administration Today, Administrator Isabel Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, celebrated the 35th anniversary of Women’s Business Ownership Act of 1988 (H.R. 5050) by announcing new data showing SBA-backed…

SBA: Significant Increase in Lending to Black-Owned Small Businesses Announced

Total Number and Dollar Amount of SBA-backed Loans to Black-Owned Small Businesses See 2.5x Increase Under Biden-Harris Administration Today, Administrator Isabel Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced new SBA data showing that SBA-backed loans to Black-owned small businesses…

SBA: National Veterans Small Business Week Announced

Events Nationwide Will Highlight Agency’s Efforts to Support Nearly 2 Million Veteran and Military Spouse-Owned Small Businesses Today, Administrator Isabel Guzman, the head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the SBA will celebrate the 10th annual National Veterans Small Business Week (NVSBW) from Oct….

SBA: Access to Capital Expanded for Underserved Small Businesses Through Mission-Based Lenders

SBA Introduces 143 New Community Advantage Small Business Lending Companies (SBLC) Across America This week at the Opportunity Finance Network (OFN) annual conference, Administrator Isabel 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 that the SBA has successfully made permanent its mission-lending Community…

SBA: Record $3 Billion in Lending Announced to Latino-Owned Small Businesses

Number of SBA-Backed Loans to Latino-Owned Small Businesses Has Doubled Under Biden-Harris Administration Today, Administrator Isabel Guzman, the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced newly finalized Fiscal Year 2023 SBA data showing that the rate of SBA-backed loans to Latino-owned small businesses has now doubled under the Biden-Harris Administration,…

SBA: Guest Lineup Unveiled for Small Business Cyber Summit

Cybersecurity and Business Experts Convene to Share Free Best Practices and Practical Tools for Small Businesses The U.S. Small Business Administration (SBA) will host its Small Business Cyber Summit during Cybersecurity Awareness Month this October, with free educational webinars for small business owners on Wednesday, Oct. 18 and 25, and Nov. 1. This year’s summit is part of…

SBA: Reach of Regional Innovation Cluster Network Expanded with Four New Awards

Regional Innovation Clusters Help Increase Startup and Small Business Participation in the U.S. Supply Chain 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 four contract awards to small businesses and entrepreneur support organization (ESO) partners, expanding the SBA’s Regional Innovation Clusters…

SBA: Financial Assistance Expanded to Native American Communities with Six New Grantees

Agency Announces New Tribal Grant Program, Expansion of Existing Efforts to Support Native American Entrepreneurs 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 creation of the Tribal College Small Business Achievement (TCSBA) grant, a new pilot program to support Native…