Business Daily News
By Business Daily | Sep 20, 2024
Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, announced today that three new recipients will receive $3 million in funding through the SBA’s Cybersecurity for Small Business Pilot Program. The grantees for fiscal years 2024 through 2026 are Dakota State University, Eastern Washington University, and the University of Texas at San Antonio. These institutions will assist small businesses in enhancing their cybersecurity infrastructure and mitigating cyber threats.
By Business Daily | Sep 19, 2024
Ava Dejoie Cates selected as regional administrator for SBA Region 6
By Business Daily | Sep 17, 2024
Shalabh Gupta has always been a man of vision.
By Business Daily | Sep 17, 2024
Global investment firm Carlyle (NASDAQ: CG) announced an agreement to purchase up to $300 million of equity sharing home loans from Unison, a pioneer in equity sharing agreements. Carlyle also made a strategic investment into Unison, facilitating the launch of the Unison Equity Sharing Home Loan product, which allows homeowners to access their growing pool of home equity.
By Business Daily | Sep 16, 2024
Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA) and Federal Trade Commission (FTC) Chair Lina Khan convened to discuss strategies for enhancing small business competitiveness. The discussion, held in Washington, aimed at ensuring equitable market opportunities for small businesses under the Biden-Harris Administration.
By Business Daily | Sep 16, 2024
Global investment firm Carlyle (NASDAQ: CG) announced a strategic partnership with North Bridge ESG LLC ("North Bridge") to provide up to $1 billion for the origination of commercial property assessed clean energy (C-PACE) loans. This collaboration aims to leverage Carlyle's expertise in strategic growth, real estate, and asset-backed finance to enable North Bridge to meet evolving market demands on a larger scale.
By Business Daily | Sep 16, 2024
Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, issued a statement celebrating the start of National Hispanic Heritage Month.
By Business Daily | Sep 16, 2024
Morgan Stanley announced the 2024 global cohort of the Inclusive Ventures Lab, comprising 25 companies selected from the Americas and Europe, the Middle East, and Africa (EMEA). The five-month accelerator program aims to support technology and technology-enabled startups in their seed to Series A funding stages.
By Business Daily | Sep 14, 2024
BDC Magazine has announced insights into how technology is reshaping real estate valuations. The report covers advancements such as AI analytics and virtual tours, which are improving the speed, accuracy, and transparency of property evaluations.
By Business Daily | Sep 13, 2024
There is a shortage of veterinarians in California, but there may be a solution through remote veterinary care offered by Dutch.com, according to the company's April 4 blog post.
By Business Daily | Sep 13, 2024
On September 9, Brian Niccol officially assumed the role of CEO at Starbucks. His appointment marks a pivotal shift in leadership as Starbucks grapples with significant brand identity issues and a downturn in sales.
By Business Daily | Sep 13, 2024
Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, convened a hearing with federal leaders and small business owners. The focus was on enhancing small businesses' ability to compete for federal contracts, particularly regarding the impact of joint ventures (JV) on small business participation in Multiple Award Task Order Contracts (MATOCs).
By Business Daily | Sep 13, 2024
Valuation in private equity and private credit remains a complex and contentious issue, with growing scrutiny from regulatory authorities who have identified areas where valuation methodologies need improvement to ensure accuracy and transparency. Austin Brady, a product lead at Waystone, said the firm’s practices in their valuation model include several steps to ensure “valuations are accurate and reflective of real market conditions.”
By Business Daily | Sep 12, 2024
Sedgwick, a global provider of claims management and technology-enabled business solutions, announced a strategic investment from Altas Partners, a North American private equity firm. Existing investors, including Carlyle and Stone Point Capital LLC, will continue their investments in Sedgwick, with Carlyle maintaining its control position.
By Business Daily | Sep 11, 2024
The U.S. Small Business Administration (SBA) announced today that the Delaware Small Business Development Center (SBDC) has been awarded a $350,000 prize to develop and implement a national Cyber Certification Program for SBA resource partners. The initiative will leverage industry best practices to offer cybersecurity tools and training to small businesses through a hybrid course curriculum that includes webinars, workshops, knowledge-based assessments, certification requirements, and ongoing continuing education tracking key performance indicators over two years.
By Business Daily | Sep 10, 2024
BlockApps has announced data and trends on the Fractionalized Whiskey investment model, which utilizes blockchain technology for fractional ownership. The update highlights how this new model leverages tokenization to enhance accessibility.
By Business Daily | Sep 10, 2024
Administrator Guzman Opens Application Window for Lenders Filling Gaps in Credit Markets
By Business Daily | Sep 9, 2024
Global investment firm Carlyle (NASDAQ: CG) announced the appointment of Anuj Poddar to the newly created role of Co-Head of Global Portfolio Solutions (GPS) for Asia, focusing on India and Southeast Asia. The announcement was made on September 9, 2024.
By Business Daily | Sep 9, 2024
Residents from Texas to the Florida Panhandle should prepare for the potential impacts of Tropical Storm Francine, which is forecast to make landfall along the Northern Gulf Coast on Wednesday, Sept. 11, as a hurricane, according to the Insurance Information Institute (Triple-I).
By Business Daily | Sep 5, 2024
Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, along with Federal Trade Commission Chair Lina Khan, will participate in a fireside chat on Thursday, Sept. 12 at 1:30 ET. The discussion will focus on Administration initiatives aimed at promoting small business competitiveness through regulatory change and enforcement.