Small Business

Census Bureau: 2015 Statistics On U.S. Businesses Released

Today the U.S. Census Bureau released the 2015 Statistics of U.S. Businesses data tables by establishment industry. This release includes single-year estimates of the number of firms, number of establishments, employment and annual payroll. Data are presented by state, industry and enterprise employment size. No news release associated with this product. Tip Sheet only.

SBA: Office Rolls Out New Lender Match Tool To Connect Small Businesses And Lenders

Administrator Linda McMahon, head of the U.S. Small Business Administration, today announced the launch of Lender Match, the SBA’s online referral tool connecting small business borrowers with participating SBA lenders.  Lender Match is an upgrade to LINC (Leveraging Information and Networks to access Capital), introduced as a pilot in 2015. “The SBA’s mission to help…

SBA: SBA Adopts Office Of Management And Budget’s NAICS 2017 Revision For Its Table Of Small Business Standards

The U.S. Small Business Administration  issued a final rule adopting the U.S. Office of Management and Budget’s (OMB) North American Industry Classification System (NAICS) revision for 2017 (NAICS 2017) for its table of small business size standards.  The final rule is published in the Federal Register at:   https://www.gpo.gov/fdsys/pkg/FR-2017-09-27/pdf/2017-20705.pdf NAICS 2017 created 21 new industries by reclassifying, combining, or…

SBA: Ignite Tour Continues to Boise, Idaho

WHAT:      Linda McMahon, head of the U.S. Small Business Administration and voice of small businesses on the President’s Cabinet, sparks her nationwide SBA Ignite Tour focused on listening to business owners; educating about SBA’s services for access to capital, mentoring and federal contracting; advocating for entrepreneurs and driving economic growth with small businesses. WHEN:     …

SBA: Administrator Linda McMahon To Tour Stanley Marketplace To Highlight Role Of Small Businesses In Economic Growth

WHAT:      Linda McMahon, head of the U.S. Small Business Administration and voice of small business on President Trump’s Cabinet, will tour and meet business owners at the Stanley Marketplace, 2501 Dallas Street, Aurora, CO  80010 on Thursday, Sept. 28 from 2-3 p.m. This trip sparks her nationwide SBA Ignite Tour focused on listening to…

Census Bureau: Startup Firms Created Over 2 Million Jobs in 2015

In 2015, the nation’s 414,000 startup firms created 2.5 million new jobs according to data from the Census Bureau’s Business Dynamics Statistics. In contrast, this level of startup activity is well below the pre-Great Recession average of 524,000 startup firms and 3.3 million new jobs per year for the period 2002-2006. Other highlights include: Job…

SBA: FY 2017 State Trade Expansion Program (STEP) Awards Announced

SBA Awards $1.9 Million to Expand Small Business Exporting in New England The U.S. Small Business Administration announced that $1.9 million in funding has been awarded to 6 State international trade agencies in New England through SBA’s competitive State Trade Expansion Program (STEP), to support export growth among U.S. small businesses. STEP is designed to…

SBA: Regulatory Changes Finalized to SBA Surety Bond Guarantee Program

The U.S. Small Business Administration has noted two important changes to its Surety Bond Guarantee (SBG) Program that will increase contract opportunities for small contractors, supporting them to grow their business operations.  The changes will become effective on September 20, 2017. The SBA will increase the guarantee percentage in the Preferred Surety Bond Program from…

SBA: FY 2017 State Trade Expansion Program (STEP) Awards Announced

The U.S. Small Business Administration today announced that $18 million in funding has been awarded to 44 State international trade agencies through SBA’s competitive State Trade Expansion Program (STEP), to support export growth among U.S. small businesses. STEP is designed to increase both the number of small businesses that begin to export and the value…

SBA: $5 Million Awarded in PRIME Grants to Help Emerging Micro-entrepreneurs Gain Access to Capital

Funds Finance Training & Technical Assistance to Emerging Entrepreneurs; Capacity Building to Provider Organizations Thirty-four community-based organizations across the United States that provide assistance to disadvantaged entrepreneurs are set to receive a combined $5 million in grants from the U.S. Small Business Administration’s Program for Investment in Micro-Entrepreneurs (PRIME).  These organizations help low-income entrepreneurs gain…