EDA: Over $83 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: August 14, 2020 – U.S. Department of Commerce Invests $4 Million in CARES Act Funding to Boost Economic Development Programs Critical to Helping…
EDA: $2 Million Invested to Develop Food Processing Business Incubator in Battle Creek, MI
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Battle Creek Unlimited, Battle Creek, Michigan, to develop a food processing incubator to serve the region’s food processing firms. The EDA grant, to be matched with $2 million in local funding, is expected…
SBA: New Reduced 504 Loan Debenture Rates Announced
The U.S. Small Business Administration announced the updated interest rates for the 504 Loan Program offered by Certified Development Companies (CDC). Small businesses can now apply for the lowest interest rates since July 2018 as the program is now allowing 20 and 25-year interest rates at 2.214% and 2.269%, respectively. “These are very encouraging terms and very…
SBA: Small Businesses Received Historic $132.9 Billion in Federal Contracts in New FY19 Procurement Scorecard
Every year, the federal government spends over $400 billion on goods and services, making it the largest purchaser of goods and services in the world. Today, the U.S. Small Business Administration released the annual Fiscal Year 2019 Small Business Federal Procurement Scorecard, which tracks and assesses each agency’s yearly and individually negotiated small business prime and…
SBA: Small Business Contracting Goals Exceed $132.9 Billion to Small Businesses, Breaking Records
Women-Owned Contracting Goal Met for the Second Time in Scorecard History; Eight Federal Agencies Receive A+ Rating on FY2019 Small Business Federal Procurement Scorecard Today, the U.S. Small Business Administration announced that the federal government exceeded its small business federal contracting goal, awarding 26.50 percent or $132.9 billion in federal contract dollars to small businesses, over $12…
SBA: Historic Results and Gains Announced for FY2019 Small Business Federal Procurement Scorecard
On Wednesday, Aug. 12, at 2 p.m. EDT, Dr. Francis Spampinato, Associate Administrator for the U.S. Small Business Administration’s Office of Government Contracting and Business Development will host a media conference call to discuss the historic results and positive gains in the Fiscal Year 2019 Small Business Federal Procurement Scorecard . The annual scorecard is an assessment tool that…
Census Bureau: Second Phase of Small Business Survey Announced
The U.S. Census Bureau today announced the start of a second phase of the experimental Small Business Pulse Survey. Data collection will begin August 9, 2020. Results will be released weekly starting August 20 through Oct 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well…
SBA: Virtual Military Spouse Entrepreneur Summit to be Held Wednesday, August 19th
The U.S. Small Business Administration will host a virtual “Military Spouse Entrepreneur Summit” in collaboration with Second Lady of the United States Karen Pence and the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes on Wednesday, Aug. 19 from 1-3:30 p.m., EDT. This free event will connect military spouses with resources and information available to help them start or…
EDA: Nearly $145 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: July 30, 2020 – U.S. Department of Commerce Invests $7.8 Million in CARES Act Funding to Boost Capacity of Universities Across Nation to…
EDA: Over $49 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: July 24, 2020 – U.S. Department of Commerce Invests $300,000 in CARES Act Funding to Boost University of Tennessee’s Capacity to Help Communities…