Small Business

EDA: $1.4 Million Invested to Support Entrepreneurial Growth in Central Michigan

Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $1.4 million grant to Central Michigan University, Mount Pleasant, Michigan, for renovations to the Central Michigan University Research Corporation incubator and accelerator. This investment will support local entrepreneurs through office renovation and upgrades to provide a…

EDA: Over $49 Million in American Rescue Plan and CARES Act Recovery Assistance Invested

In the last week, the following grants were made under the American Rescue Plan Funds program or the CARES Act Recovery Assistance Program: May 10, 2022 – U.S. Department of Commerce Invests $3.9 Million in American Rescue Plan Funds to Support Business and Job Growth in Texas May 10, 2022 – U.S. Department of Commerce Invests $5…

FDIC: 2022 Bank Small Business Lending Survey Launched

Approximately 2,000 Banks Asked to Detail their Lending Practices Federal Deposit Insurance Corporation (FDIC) Acting Chairman Martin J. Gruenberg and U.S. Census Bureau (Census) Director Robert L. Santos today formally invited approximately 2,000 U.S. banks to participate in a nationally representative online survey about their small business lending practices and volumes.  Sponsored by the FDIC…

Census Bureau: 2020 County Business Patterns Now Available

The U.S. Census Bureau today released the 2020 County Business Patterns (CBP). This annual series of statistics provides subnational economic data by industry. These data show detailed annual information on the number of establishments, employment during the week of March 12, and first quarter and annual payroll at the national, state, metropolitan and micropolitan statistical area,…

SBA: 2022 National Small Business Week Co-Sponsors and Virtual Summit Event Schedule Announced

Official partners support SBA message of “Building a Better America Through Entrepreneurship” Today, the U.S. Small Business Administration announced the official cosponsors and schedule for its 2022 National Small Business Week (NSBW) Virtual Summit, themed “Building a Better America Through Entrepreneurship,” taking place May 2-5, 2022. National Small Business Week events are made possible every year due in part to the…

SBA: T.H.R.I.V.E., Executive Level Business Training for Entrepreneurs Ready to Maximize Their Full Potential, Launched

Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small businesses in President Biden’s Cabinet, announced the launch of T.H.R.I.V.E. (Train, Hope, Rise, Innovate, Venture, Elevate), a reimagined training program for small business leaders, formerly known as Emerging Leaders. “T.H.R.I.V.E. Emerging Leaders Reimagined initiative will provide up-and-coming small business leaders with…

Census Bureau: Small Business Pulse Survey Phase 8 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 8 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic and other major events such as hurricanes on our nation’s small businesses. The SBPS complements existing Census Bureau data by providing detailed, near real-time information on the…

OCC: Project REACh Efforts Launched in Milwaukee

Acting Comptroller of the Currency Michael J. Hsu today joined civic and community advocates, bankers, and business leaders to launch Milwaukee REACh. The Office of the Comptroller of the Currency (OCC)’s Project REACh, the Roundtable for Economic Access and Change, brings together leaders from the banking industry, civil rights organizations, business, and technology to identify…

SBA: Two New Courses Introduced on Partnerships and Entrepreneurial Leadership in the Ascent Online Digital Learning Platform

The digital tool provides women-owned small businesses resources to drive growth through business partnerships, building and refining leadership skills Today, the U.S. Small Business Administration (SBA) announced the launch of two new educational modules. Ascent is a digital platform comprised of targeted education modules, called Journeys, that gives small business owners 24/7 access to critical information backed by research and addresses…

Census Bureau: Small Business Pulse Survey Phase 8 Weekly Data Released

The U.S. Census Bureau today released new data from Phase 8 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic and other major events such as hurricanes on our nation’s small businesses. The SBPS complements existing Census Bureau data by providing detailed, near real-time information on the…