SBA: Interim Rule Issued to Adjust Size Standards to Expand Lending & Contracting Opportunities
Deadline to comment on interim final rule is Sept. 16, 2019 The U.S. Small Business Administration recently issued an interim final rule that will adjust monetary-based small business size standards for inflation to allow more small businesses to become eligible for the SBA’s loan and contracting programs. The interim final rule was published in the Federal Register on July…
EDA: $23 Million Investment Made to Fuel High-Growth Entrepreneurship Across America
U.S. Secretary of Commerce Wilbur Ross today announced that 44 organizations — including nonprofits, institutions of higher education, and entrepreneurship-focused organizations — from 28 states and two territories will receive grants totaling $23 million to create and expand high-growth entrepreneurship and increase access to capital for communities across America. The grants are made annually under…
SBA: New Women’s Business Center Locations Provide Increased Opportunities for Idaho Women Entrepreneurs
The U.S. Small Business Administration (SBA) announced today the ribbon cutting for the new Idaho Women’s Business Center (WBC). The new center, hosted by the Idaho Hispanic Foundation, will carry out the mission of helping women entrepreneurs start and grow their businesses. Operating under the Idaho Hispanic Foundation, the center will open two new locations in Treasure…
SBA: Funding Competition Announced for Organizations Providing Training to Service-Disabled Veteran Entrepreneurs
The U.S. Small Business Administration today announced that non-profit organizations, state and local agencies, and institutions of higher learning are eligible to compete for funding of up to $150,000 to deliver entrepreneurship training to service-disabled veterans. Up to six awardees will use the $300,000 in total funding to participate in the Service-Disabled Veteran Entrepreneurship Training Program with…
SBA: $100,000 Awarded to Veteran Owned Small Business Growth Pilot Training Program
The U.S. Small Business Administration today announced a partnership with the Veteran Entrepreneurial Training and Resource Network (VETRN) to establish a pilot training program for military veterans who are small business owners and their immediate family members. The Veteran Owned Small Business Growth Training program will equip these entrepreneurs with the resources and networks necessary to grow…
EDA: Investment Made to Support Small Business Growth and Resiliency in California
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $880,000 grant to California Capital FDC of Sacramento, California, to capitalize a Revolving Loan Fund (RLF) and provide technical assistance to potential borrowers in the disaster-impacted counties of Sacramento, Yolo, Placer, El Dorado, and Nevada. This EDA grant will be matched with…
EDA: Investment Made to Support the Growth of Manufacturing and Tech-based Businesses in Rapid City, SD Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $3 million in the Rapid City Economic Development Foundation of Rapid City, South Dakota, to help build a new business incubator facility that will support the growth of sustainable manufacturing and technology-based businesses. The investment, to be located…
EDA: Investment Made to Support Small Business Growth and Resiliency in Redding, CA
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced an $880,000 grant to Superior California Economic Development of Redding, California, to capitalize a Revolving Loan Fund (RLF) and to provide technical assistance to potential borrowers in disaster-impacted counties of Shasta, Trinity, Modoc, and Siskiyou. This EDA grant will be matched with $220,000 in…
EDA: Investment Made to Provide High-Speed Research Computing for Business Growth in South Dakota Opportunity Zone
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.46 million grant to Dakota State University in Madison, South Dakota, to help establish a high speed research network. The investment, located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $1.46…
SBA: Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition Announced
Today, the U.S. Small Business Administration Acting Administrator Chris Pilkerton announced the launch of the Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition. The MaTCH Pilot Competition seeks to address the job skills and placement gaps faced by U.S. businesses by providing funding to create or expand programs with job-specific and soft skills training within existing makerspaces….