FDIC: 2024 Small Business Lending Survey Report Issued
The Federal Deposit Insurance Corporation (FDIC) today released the 2024 Small Business Lending Survey Report (SBLS). Conducted in 2022, the SBLS is a nationally representative sample of U.S. banks that offers important insights into their small business lending practices and how banks meet the credit needs of the nation’s small businesses. The SBLS gathered responses from…
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…
EDA: $9 Million Invested to Support the Automotive Manufacturing Sector and Promote Small Business Development in Kentucky
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $9 million in the state of Kentucky to boost the automotive manufacturing sector and promote small business development in the region. The EDA investments announced today are: “The Biden-Harris Administration’s Investing in America agenda is ensuring that all communities…
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…
EDA: $1.4 Million Invested to Support Disaster Resilience and Business Technical Assistance in Puerto Rico
Today, the U.S. Department of Commerce’s Economic Development Administration is investing $1.4 million in Puerto Rico to support disaster resiliency for small businesses and to provide technical assistance in the awards process. The EDA investments announced today are: “The Biden-Harris Administration is committed to ensuring that Puerto Rico has the resources needed to build sustainable…
SBA: AMEX, WIPP and SBA to Co-Host Education Initiative for Women Entrepreneurs This Fall
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 federal agency will cohost two events in the Washington, D.C., area and Florida alongside Women Impacting Public Policy (WIPP) and American Express (AMEX) this fall as a continuation of the 2024 National…
SBA: $3 Million in Cybersecurity Pilot Program Grants Awarded
Grants Awarded to Universities in South Dakota, Texas, and Washington State to Help Small Businesses Combat Emerging Cyber Threats 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 three new Cybersecurity Pilot Program Grant recipients will receive a total…
SBA: Small Businesses Urged to Strengthen Resilience During National Disaster Preparedness Month
Agency Highlights Key Resources and Support to Help Communities Prepare for and Recover from Disasters This month, 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 encouraging small businesses to take proactive steps to safeguard their operations from potential…