SBA: New HUBZone Map Update Expands Small Business Program Participtaion and Federal Contract Eligibility
Hundreds of Small Firms in Economically Disadvantaged Areas May Now Qualify for HUBZone Certification Today, the U.S. Small Business Administration (SBA) announced the launch of a new Historically Underutilized Business Zone (HUBZone) preview map, which shows that hundreds of firms in newly released designated underserved areas will become eligible to apply for HUBZone certification, enabling them to compete for…
SBA: DoD and SBA Sign Joint Agreement to Drive Investment to U.S. Critical Technologies at South by Southwest Festival in Austin
Today, the U.S. Small Business Administration (SBA) and the U.S. Department of Defense (DoD) announced that on Friday, March 10, they intend to sign a historic Memorandum of Agreement at the South by Southwest (SXSW) festival in Austin, Texas. This agreement establishes the framework for DoD’s newly established Office of Strategic Capital (OSC) and the SBA’s Office of…
SBA: National Small Business Week Announced for April 30th through May 6th
Week-long Celebration takes place April 30 – May 6, Features Awards, Virtual Summit, and Roadshow Tour SBA Administrator Isabella Casillas Guzman, the voice in President Biden’s Cabinet for America’s over 33 million small businesses, announced National Small Business Week (NSBW) will take place April 30-May 6, 2023. This annual tradition, led by the SBA for more than 60 years,…
SBA: Small Business Digital Alliance Marks One-Year Anniversary
A growing list of national members and local allies support small businesses going digital Today, the Small Business Digital Alliance (SBDA), a co-sponsorship between the U.S. Small Business Administration (SBA)and Business Forward, Inc., celebrates its one-year anniversary. The SBDA provides a comprehensive suite of free digital resources, virtual trainings, and expanded opportunities to help small businesses grow their online…
ABA: New Webpage Launched Highlighting Programs Designed to Improve Access to Capital for Underserved Small Businesses
The American Bankers Association today launched a new webpage providing information on special purpose credit programs (SPCPs) and highlighting the role they can play in meeting the credit needs of economically disadvantaged small businesses. In support of the Office of the Comptroller of the Currency’s Project REACh, ABA is making this online resource available for banks and other…
SBA: Cross-Country Latino Prosperity Tour Announced
Initiative will feature Presidential Cabinet members highlighting the Biden-Harris Administration’s whole-of-government commitment to advancing Latino prosperity Following President Biden’s State of Union address on Tuesday, SBA Administrator Isabella Casillas Guzman traveled to Tucson, Arizona today to announce plans for the upcoming Biden-Harris Administration Latino Prosperity Tour. This tour will spotlight the whole-of-government approach the Biden-Harris…
ABA: Association Offers Congressional Testimony on Strength of Banking Industry
FirstBank CEO Jim Reuter appears on behalf of ABA members before House Financial Services Subcommittee on Financial Institutions and Monetary Policy The American Bankers Association today provided testimony to the House Financial Services Subcommittee on Financial Institutions and Monetary Policy on the banking industry’s public policy priorities, new initiatives to foster innovation and competition in financial services,…
SBA: Informational Webinars Announced for 2023 Growth Accelerator Fund Competition
Agency to Host Virtual Informational Events for Qualified Applicants February 6-9. Today, the U.S. Small Business Administration announced virtual events will be held for applicants for its seventh Growth Accelerator Fund Competition (GAFC). The GAFC will offer $13 million in prizes awarded in 2023 and 2024 aimed at expanding growth accelerators and creating innovative partnerships with…
SBA: Disaster Enterprise Transformed to Strengthen Support for Disaster-Impacted Communities
The Reimagined Office of Disaster Recovery & Resilience Will Position SBA to Support the Biden-Harris Whole-of-Government Climate Change Response 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 second stage of the Agency’s realignment and strengthening of its disaster…
Census Bureau: 2022 Economic Census of Businesses Underway
Today the U.S. Census Bureau announced the beginning of data collection for the 2022 Economic Census. Businesses across the nation will begin receiving invitations to respond online to the economic census and will have until March 15 to submit their responses. The economic census is the U.S. government’s official 5-year measure of American businesses and…