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SBA’s Paycheck Protection Program for small businesses launches
April 4th, 2020
The U.S. Small Business Administration (SBA) Administrator Jovita Carranza launched the Paycheck Protection Program on April 3, 2020, a $349 billion emergency loan program created last week with the President’s signing of the Coronavirus Aid, Relief, and Economic Security Act (CARES). The program provides forgivable loans of up to $10 million to small businesses left […]
SBA announces funding opportunity through the State Trade Expansion Program 2020
February 7th, 2020
The U.S. Small Business Administration (SBA) has announced the opening of the submission period for a funding opportunity through the State Trade Expansion Program. The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in and capable of providing assistance, guidance and tools to qualified small businesses looking […]
SBA provides $18 million for export growth
November 6th, 2018
The U.S. Small Business Administration (SBA) announced that $18 million in funding has been awarded to 47 state international trade agencies through SBA’s competitive State Trade Expansion Program (STEP), to support export growth among U.S. small businesses. The 2018 STEP awards will allow states to assist small businesses with the information and tools they need […]
SBA proposes changes to SBIC Early Stage Program
December 2nd, 2016
The U.S. Small Business Administration (SBA) has proposed changes to its SBIC Early Stage Program, a feature of the Small Business Investment Company (SBIC) Program. SBA has proposed a number of regulatory changes that seek to broaden access to the Early Stage Program and strengthen the impact of SBIC’s on early stage small businesses. SBA has introduced regulatory […]
SBA revises size standards for wholesale trade and retail trade industries
February 9th, 2016
The U.S. Small Business Administration (SBA) increased small business size standards affecting businesses in 46 industries in North American Classification System (NAICS) sector 42, wholesale trade, and in one industry in sector 44-45, retail trade. The final rule was published in the Federal Register on Jan. 25 and will be effective Feb. 26. SBA reviewed […]
SBA appoints Mark Walsh as head of office of investment & innovation
December 22nd, 2015
The U.S. Small Business Administration appointed Mark Walsh as its associate administrator for the Office of Investment & Innovation, the office that administers the agency’s Small Business Investment Companies and Small Business Innovation Research and Small Business Technology Transfer programs. In his new role, Walsh will oversee the SBIR/STTR program which helps entrepreneurs commercialize their […]
Disaster loan filing period reopens for Superstorm Sandy survivors
December 16th, 2015
On Dec. 2, 2015, the U.S. Small Business Administration announced it reopened the filing period for survivors in all states affected by Superstorm Sandy to apply for low-interest disaster loans. The filing deadline for physical damage and economic injury losses is Dec. 1, 2016. The Recovery Improvements for Small Entities (RISE) After Disaster Act of […]
SBA, Agility Recovery to host webinar: 10 mistakes for businesses to avoid when dealing with a disaster
December 2nd, 2015
The Agility Recovery and the U.S. Small Business Administration will host a webinar on Dec. 8 from 2 to 2:30 p.m. ET that will focus on the top 10 most common mistakes business owners make when dealing with a crisis. With businesses everywhere operating on limited resources, the survival of a company—especially when faced with […]
SBA hosting webinar on EMV chip card technology
September 23rd, 2015
Migrating away from outdated credit and debit cards that use magnetic stripes, U.S. credit card companies have set Oct. 1 as the date for the national adoption of cards embedded with microchips. This technology, known as EMV (Europay, Mastercard, Visa), is a safer form of payment for buyers and sellers, as the cards are nearly […]
SBA to offer free webinar on supply chain disaster preparedness
April 2nd, 2015
Strategies and best practices for engaging suppliers, vendors and partners. The U.S. Small Business Administration (SBA), along with co-sponsor Agility Recovery, will host a free webinar titled “Disaster Preparedness & Your Supply Chain” on April 7 from 2 to 3 p.m. EST. The discussion will focus on proactive steps companies can take to mitigate the […]