Small Business

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…

SBA: New Solicitation Announced to Expand Funding for Regional Innovation Cluster Network

Regional Innovation Clusters Will Increase Startup and Small Business Participation in U.S. Supply Chain 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 funding solicitation for the SBA’s Regional Innovation Cluster (RIC) Initiative that will make awards…

Census Bureau: 2022 County Business Patterns Data Now Available

The U.S. Census Bureau today released the 2022 County Business Patterns (CBP). This annual series of statistics provides subnational economic data by industry. The number of establishments, employment during the week of March 12, first quarter payroll and annual payroll are provided for nearly 1,000 industries, as defined by the 2017 North American Industry Classification System…

CFPB: Interim Final Rule Issued to Extend Compliance Dates for Small Business Lending Rule Under Section 1071

Interim final rule extends compliance dates pursuant to court orders Today, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule to extend compliance deadlines for the small business lending rule. After the CFPB issued the small business lending rule on March 30, 2023, a federal court in Texas stayed the rule pending the Supreme Court’s decision in CFPB…

SBA: Over $1 Million Invested to Expand Support for Veteran Entrepreneurs

Organizations to Provide Critical Training and Counseling for Startups and Existing Small Businesses Today, the U.S. Small Business Administration (SBA) announced over $1 million in new funding to provide critical training and counseling to aspiring and existing veteran small business owners as a Veterans Business Outreach Center (VBOC).  The new funding opportunity will make awards of up to $400,000 to…