EDA: $5.3 Million Invested to Support Small Business Development and Expansion in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $5.3 million in the state of West Virginia to support locally-driven infrastructure, workforce development, and technical assistance strategies. The EDA investments announced today are: “The Biden-Harris Administration is investing in communities across West Virginia and the entire country because…
EDA: $2.4 Million Invested to Capitalize Revolving Loan Fund to Support Small Businesses in North Idaho
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the Panhandle Area Council in Hayden, Idaho, to capitalize a Revolving Loan Fund (RLF) to bolster small business development and expansion. This grant will support the growth of small businesses by providing them with the capital they need…
EDA: $1.5 Million Invested to Capitalize Revolving Loan Fund to Support Small Businesses in Massachusetts
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the South Eastern Economic Development Corporation in Taunton, Massachusetts, to capitalize and administer a Revolving Loan Fund (RLF) serving small businesses across eight Massachusetts counties. This grant will support business start-ups and expansions, provide…
SBA: Cyber Prize Competition Winner Selected
Delaware SBDC To Receive $350K for Outstanding Leadership in Cybersecurity Planning for 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(Link is external) (video) that the Delaware Small Business Development Center (SBDC) has been selected to receive a $350,000 prize to…
SBA: Application Window Opens for Lenders to Fill Gaps in Credit Markets
Nonbank Licenses Will Enable SBA Loan Guarantees to Spur Lending in Underserved Communities and for Green Investments 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, opened applications for non-traditional lenders to secure an SBA Small Business Lending Company (SBLC)…
EDA: $800,000 Invested to Capitalize a Revolving Loan Fund to Support Small Businesses in Northwest Oregon
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the Columbia-Pacific Economic Development District, St. Helens, Oregon, to capitalize a Revolving Loan Fund (RLF) to bolster small business development and expansion. This grant will provide access to capital as gap financing to enable small businesses to grow and…
EDA: $600,000 Invested to Capitalize a Revolving Loan Fund to Support Small Businesses in Los Angeles County, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $600,000 grant to PACE Finance Corporation, Los Angeles, California, to capitalize a Revolving Loan Fund (RLF) to bolster small business development and expansion. This grant will provide access to capital as gap financing to enable small businesses to grow and generate new…
SBA: FTC Chair and SBA Administrator to Hold Fireside Chat on September 12th
Federal Regulations Promote Fair Competition and Aim to Benefit 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 34 million small businesses, and Federal Trade Commission Chair Lina Khan(Link is external), head of the U.S. Federal Trade Commission (FTC), will meet for a fireside chat…
SBA: Veterans Small Business Advisory Committees to Host Public Quarterly Meetings on September 10th and 12th
Today, the U.S. Small Business Administration (SBA) announced that the upcoming quarterly public meetings for the Interagency Task Force (IATF) on Veterans Small Business Development and the Advisory Committee on Veterans Business Affairs (ACVBA) will be held on Sept. 10 and 12, respectively. “The grit that defines veterans’ commitment to our nation makes them ideally suited for…
SBA: $1 Million Announced for Grant Awardees to Expand Resources for Veteran Entrepreneurs
Ohio, Pennsylvania, and Puerto Rico-based Grantees to Offer New Veterans Business Outreach Centers 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 more than $1 million in grant awards(Link is external) to three organizations in Ohio, Pennsylvania, and Puerto Rico. The…