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Statement by SBA Administrator Guzman on Agency’s New Equity Action Plan
… to breaking down longstanding barriers to ensure underserved entrepreneurs can access the capital, networks, resources, and opportunity they … as the American Rescue Plan’s Community Navigators Pilot Program, as well as our Women’s Business Centers, Veterans … -
SBA Introduces New Mobile Application for Small Business Owners, Entrepreneurs
… Entrepreneurs New SBA mobile application brings enhanced access to information and resources WASHINGTON – Smart phone … smart phones are the vehicle through which Americans access information. This is certainly true of many … owners and this new application ensures they will have access to SBA’s resources and programs – literally at their … -
Veterans: Is Your Next Mission Small Business Ownership?
… of the U.S. Department of Defense’s Transition Assistance Program (TAP). Offered at military installations worldwide … course off installations and into communities. It extends access to veterans, military spouses, and National … members. Women Veteran Entrepreneurship Training Program (WVETP): Through the WVETP, a network of SBA partners … -
The SBA Looks to Help Hispanic-Owned Small Businesses Build on Their Historic Momentum
… SBA helps level the playing field for entrepreneurs from underserved communities through its business development programs. The 8(a) Business Development Program , for instance, facilitates growth in socially and … -
Direct Mail is Hot Again. Here’s How to Use It
… From Glossier to Quip, a variety of hip new companies is targeting millennials with...mailers? Rieva Lesonsky Rieva … From Glossier to Quip, a variety of hip new companies is targeting millennials with...mailers? From postcards to … demographics using the USPS Every Door Direct Mail program , buy or rent mailing lists from companies like … -
SBA Administrator Guzman Announces Working Capital Pilot Now Accepting Applications at Participating SBA Lenders
… SBA’s newly-announced 7(a) Working Capital Pilot (WCP) Program. “Small businesses need affordable working capital to … said SBA Administrator Guzman. “The SBA has expanded access to capital and increased small dollar lending over the … loan offerings through this new 7(a) Working Capital Pilot program to provide growth-oriented small businesses with … -
Biden-Harris Administration to Launch New Initiative to Increase Federal Contracting with Small Disadvantaged Businesses
… (SDBs) participating in the 8(a) Business Development Program gain access to more federal contracts in GSA’s Multiple Award … Order (EO) 13985 – Advancing Racial Equity and Support for Underserved Communities Through the Federal Government. … -
White Paper: Risk Awareness and Lessons Learned from Prior Audits of Economic Stimulus Loans
… audits and reviews that SBA should consider to ensure program integrity and mitigate the risk of financial loss for … Act’s largest provisions created the Paycheck Protection Program under section 7(a) of the Small Business Act. This program provides $349 billion in fully guaranteed SBA loans, … -
The SBA Celebrates and Empowers Black-Owned Businesses this Black History Month
… are available remotely via phone, email, or video chat. Access to Capital: You can’t get your business off the … for growth. The SBA’s 8(a) Business Development Program , for example, is geared toward small disadvantaged … of topics. For promising small businesses in America’s underserved cities that are farther along in their journey, … -
Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
… pandemic, nearly $30 billion in Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds … the PPP, the EIDL and the business loan debt relief program . PPP Progress and Important Dates According to SBA … 7(a), 504, and Microloans in regular servicing status. “Access to capital has always been a top need for small … -
Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
… pandemic, nearly $30 billion in Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds … the PPP, the EIDL and the business loan debt relief program . PPP Progress and Important Dates According to … 7(a), 504, and Microloans in regular servicing status. “Access to capital has always been a top need for small … -
Instructional materials for trainers
… guide, and PowerPoint slides. Glossary of Spanish terms Access English-to-Spanish translations of official SBA terms … Find official translations from English to Spanish Access a glossary of official translations from English to … -
Small Businesses Have New Non-Profit Sources for SBA-financed Loans
… loans up to $200,000 under new Intermediary Lending Pilot Program WASHINGTON, D.C. – Startups, newly established and … those funds to help finance small businesses, mostly in underserved markets. Designed to expand access to capital to small businesses and drive economic … -
SBA Recognizes Top Active Surety Partners
… to increases in the Surety Bond Guarantee (SBG) Program’s activity. “In FY2020, we surpassed $7 billion in … it is the 50th Anniversary for the Surety Bond Guarantee Program.” The SBA’s Surety Bond Guarantee Program, in direct partnership with surety companies and … -
Four Million Hard-Hit Businesses Approved for Nearly $390 Billion in COVID Economic Injury Disaster Loans
… Injury Disaster Loan (EIDL). Through the life of the program, the SBA disbursed approximately $390 billion to … or less, which tend to include the hardest-hit and most underserved populations. The hardworking team members of the … ensure the smallest of businesses had additional time to access these funds, the SBA implemented a 30-day exclusivity … -
THURSDAY: In Maryland, SBA Administrator Guzman, WIPP, AMEX To Announce Return of Government Contracting Education Initiative for Women Entrepreneurs, ChallengeHer
… initiative to help women-owned small businesses gain access to federal contracts and encourage participation in … SBA’s Women-Owned Small Business (WOSB) Federal Contract program. The ChallengeHer initiative is a co-sponsorship … initiative designed to promote the WOSB Federal Contract Program, bring more women-owned firms into the federal … -
SBA Administrator Loeffler Issues Memo on Day One Priorities
… solvency of public-private programs like the 7(a) lending program and the Small Business Investment Company program, which are designed to drive economic growth without … part of a broader effort to support competition and equal access to federal contracting for all small business owners, … -
How SBA Assists Women Entrepreneurs Start Their Businesses
… Your People, Your Business Financial Strategy, and Access to Capital. Last month, we announced a new chapter to … to thrive together. The SBA also has a Mentor-Protégé Program (MPP) which helps businesses interested in getting … contracting. Women business owners interested in this program can get assistance applying at any of our WBCs. As a … -
Statement by SBA Administrator Guzman on President’s Fiscal Year 2024 Budget
… from the pandemic, others — particularly those in underserved communities — are still struggling to recover. … provides $30 million for the Community Navigator Pilot Program, which leverages community organizations to reduce barriers for starting a business and expand access to business counseling and training resources for …