Small Business

HUD: Community Compass Technical Assistance and Capacity-Building Program Seeking Technical Assistance Providers

Today, the U.S. Department of Housing and Urban Development (HUD) is announcing the availability of at least $80,681,000 for the Community Compass TA Program and capacity-building activities for HUD’s customers. This program is focused on solving complex housing and community development challenges by equipping HUD customers with the knowledge, skills, tools, and systems to implement…

SBA: Applications for the SBA Veteran Small Business Certification Program Now Open

Today, the U.S. Small Business Administration (SBA)began accepting applications through the Veteran Small Business Certification (VetCert) program as part of the Biden-Harris Administration’s commitment to expanding access to resources for Veterans and other underserved populations. The improvements in the customer experience for Veteran entrepreneurs and business owners made by VetCert will build upon the $25 billion in government contract…

SBA: New HUBZones Announced in Louisiana to Expand Federal Contracting Opportunities for Small Businesses Across the State

Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33.2 million small businesses in President Biden’s Cabinet, and Louisiana Governor John Bel Edwards, the state’s 56th governor, announced the expansion of HUBZone across Louisiana, a program that provides small businesses in low-income communities that hire low-income residents with opportunities…

FFIEC: Federal Bank Regulatory Agencies Release 2021 Small Business, Small Farm and Community Development Lending Data

The federal bank regulatory agencies, as members of the Federal Financial Institutions Examination Council (FFIEC), today released data on small business, small farm, and community development lending during 2021. The Community Reinvestment Act regulations require the agencies to annually disclose these data. The FFIEC also prepared aggregate disclosure statements of small business and small farm…

SBA: New Strategic Alliance Announced to Support Small Business Exporters

The agreement formalizes an existing relationship with BAFT that supports small business exporters by reducing barriers to accessing capital Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced the signing of the Strategic Alliance Memorandum (SAM) with BAFT (Bankers Association…

SBA: New Regional Grants Awarded to Spur Innovation and Support High-Quality Jobs

Additional grant awards will support agriculture technology growth in Oregon, unmanned and robotic vehicle manufacturing in Mississippi  Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33.2 million small businesses in President Biden’s Cabinet, announced additional grants designed to create or sustain innovation initiatives and high-quality jobs through consortiums…

SBA: Second Annual Innovation Ecosystem Summit Announced

SBA Convening Entrepreneurship Ecosystem Leaders for Virtual Summit Aimed at Advancing Science and Technology to Support Startups and Innovative Small Businesses Today, the U.S. Small Business Administration (SBA) announces the second annual Innovation Ecosystem Summit for entrepreneur support organizations (ESOs) to gather virtually on December 6-7. The free event is curated for those who work with and support entrepreneurs from…

SBA: New Disaster Loans Offered with No Interest and No Payments for First Year

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 Agency will waive the interest rate for the first year on new disaster loans and extend the initial payment deferment period automatically to 12 months. “We must ensure that communities…

SBA: Statement on the Restaurant Revitalization Fund

Today, the U.S. Small Business Administration (SBA) issued the following statement regarding the status of the Restaurant Revitalization Fund. “This week, the U.S. Small Business Administration (SBA) began distribution of returned funding in the Restaurant Revitalization Fund (RRF) program, following the program’s closure in June 2021. In doing so, the SBA worked with the advice of the Department of…

SBA: Administrator Guzman Calls on Americans to “Shop Small” on Small Business Saturday Across America

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, calls on Americans to “Shop Small” throughout this holiday season and on Small Business Saturday, which falls on November 26. “As our economy continues to stabilize, it’s more important than ever that…