SBA: Department of Veterans Affairs and SBA Join Forces to Promote Veteran Entrepreneurship
New Agreement Formalizes Collaboration on Nationwide Trainings On August 12, 2024, 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 signing of a memorandum of understanding (MOU) between the SBA’s Office of Veterans Business Development (OVBD) and the…
EDA: $2.3 Million Invested to Support Small Business and Entrepreneurial Growth in West Virginia
Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is investing $2.3 million in the state of West Virginia to support small businesses and entrepreneurs. The EDA investments announced today are: “The Biden-Harris Administration is committed to ensuring that communities in West Virginia and across the country have the resources…
SBA: Working Capital Pilot Program Now Accepting Applications at Participating SBA Lenders
Program Expands Small Businesses’ Access to Credit Lines That Create Jobs, Spur Sales and Growth 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 33 million small businesses, announced that SBA 7(a) lenders may now accept applications for the SBA’s newly-announced 7(a) Working Capital Pilot…
SBA: $7 Million in PRIME Grants Announced to Serve Low-Income Microentrepreneuers
28 Grants Will Support Training, Program Development to Increase Access to Capital and Grow 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 33 million small businesses, announced 28 awardees for the 2024 Program for Investment in Microentrepreneurs(Link is external) (PRIME) grant awards, totaling $7 million….
SBA: New Business Disaster Resilience Guide Launched
Resource To Help Small Businesses Stay Operational Before, During, and After a Disaster Today, the U.S. Small Business Administration (SBA) announced the release of its new Business Resilience Guide, a comprehensive resource for small business owners who may not be familiar with disaster preparation. The guide, which has six sections to plan and recover from disasters, includes best practices…
SBA: Application Window Opens for Small Business Cyber Prize Competition
Application for $350,000 Award Closes Aug. 15 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 33 million small businesses, announced the Cyber Prize Competition to award $350,000 to one organization to lead the development and deployment of a national Cyber Certification Program…
EDA: $574,588 Invested to Support Entrepreneurship Training in Ogden, UT
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $574,588 grant to Weber State University in Ogden, Utah, to expand entrepreneurial support to three Utah regions. This grant will establish the Wildcat Micro Fund and provide business resources and training to support entrepreneurs in underserved and rural areas of Utah. This…
SBA: SBA Loan Programs Open to New Green Lenders to Help Small Businesses Meet Climate Goals
Initiative will Advance Clean Energy Transition Across the Nation 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 33 million small businesses, announced a new Green Lender Initiative to enroll additional climate lenders in SBA’s loan programs. The initiative will employ SBA loan guarantees…
SBA: New Grant Funding Announced for Native American-Owned Small Businesses
Native American Trade Expansion Program to Provide Up to $240,000 in Grants 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 33 million small businesses, announced a funding opportunity for Native American-owned small businesses under its new pilot Native American Trade Expansion Program…
EDA: New Funding Round of $504 Million Announced for 12 Tech Hubs Across America
The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), announced another funding round of approximately $504 million in implementation grants to 12 Tech Hubs to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in…