Recent News About U.S. Small Business Administration
By Business Daily | Aug 9, 2024
On Thursday, August 8, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet representing over 34 million small businesses in America, visited Irvine, California. She delivered remarks at the final White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders (WHIAANHPI) Economic Summit alongside U.S. Trade Representative Katherine Tai.
By Business Daily | Aug 5, 2024
Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced that SBA 7(a) lenders may now accept applications for the SBA’s newly-announced 7(a) Working Capital Pilot (WCP) Program.
By Business Daily | Aug 2, 2024
Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA) announced today the allocation of $7 million in PRIME grants to 28 awardees for 2024. The Program for Investment in Microentrepreneurs (PRIME) aims to support low-income microentrepreneurs through these grants.
By Business Daily | Aug 2, 2024
LITTLE ROCK, Ark. – On Thursday, Aug. 1, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to Little Rock to kick off Black Business Month.
By Business Daily | Aug 1, 2024
Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, announced today the launch of the Cyber Prize Competition. The initiative will award $350,000 to an organization tasked with developing and deploying a national Cyber Certification Program for SBA resource partners.
By Business Daily | Aug 1, 2024
The U.S. Small Business Administration (SBA) announced the release of its new Business Resilience Guide, a comprehensive resource aimed at small business owners who may not be familiar with disaster preparation. The guide includes six sections to help plan and recover from disasters, featuring best practices and template forms designed to mitigate risks for America's entrepreneurs and assist them in rebuilding stronger.
By Business Daily | Aug 1, 2024
HOUSTON – On Wednesday, July 31, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to Houston to meet with disaster-impacted community members, visit a local small business, and participate in a fireside chat at Sigma Gamma Rho Sorority’s 60th International Biennial Boule.
By Business Daily | Jul 31, 2024
Administrator Guzman Announces Transformation of Customer Experience for Federal Contracting Certifications
By Business Daily | Jul 29, 2024
The U.S. Small Business Administration (SBA) announced lender fees for the fiscal year 2025 for its 7(a) and 504 loan programs. Administrator Isabel Casillas Guzman, head of the SBA and a member of President Biden’s Cabinet, stated that for the second consecutive year, the SBA will not charge upfront fees for loans of $1,000,000 or less under both programs.
By Business Daily | Jul 23, 2024
BOSTON – On Monday, July 22, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to Boston alongside U.S. Senator Ed Markey, member of the Senate Committee on Small Business and Entrepreneurship, to highlight the impact of Inflation Reduction Act investments in community energy projects and to introduce a new SBA initiative to attract additional private capital to support small business investments in the clean energy transition.
By Business Daily | Jul 22, 2024
The Biden-Harris Administration has announced the launch of a new Green Lender Initiative aimed at enrolling additional climate lenders in the U.S. Small Business Administration’s (SBA) loan programs. The initiative, unveiled by SBA Administrator Isabel Casillas Guzman, seeks to leverage SBA loan guarantees to attract private capital for clean energy investments, aligning with President Biden's Inflation Reduction Act.
By Business Daily | Jul 19, 2024
The U.S. Small Business Administration (SBA) has announced a new funding opportunity for Native American-owned small businesses under the pilot Native American Trade Expansion Program (NATEP). The program, introduced by Administrator Isabel Casillas Guzman, aims to provide up to $240,000 in grants to support the expansion of exporting opportunities for these businesses. Proposals must be submitted by July 31, no later than 11:59 p.m. EDT.
By Business Daily | Jul 18, 2024
SAN JUAN – From Monday, July 15 through Tuesday, July 16, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet representing America's more than 33 million small businesses, visited Puerto Rico to participate in the Global Entrepreneurship Conference. During her visit, she engaged with local small businesses and discussed strategies for promoting entrepreneurship in Puerto Rico and across the Western Hemisphere.
By Business Daily | Jul 15, 2024
The U.S. Small Business Administration (SBA) has announced $3 million in new funding under the Cybersecurity for Small Businesses Pilot Program. The grants will be awarded to state agencies to provide training, counseling, and other tailored cybersecurity services for startups and emerging entrepreneurs.
By Business Daily | Jul 13, 2024
The U.S. Small Business Administration (SBA) is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations in Tennessee that August 2 is the filing deadline for federal working capital loans for losses due to severe storms, straight-line winds, and tornadoes that occurred on August 7, 2023.
By Business Daily | Jul 5, 2024
FARGO, N.D. – On Tuesday, July 2, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to Fargo, North Dakota, for the next stop on her nationwide Small Business Boom tour.
By Business Daily | Jul 5, 2024
NEW ORLEANS – On Friday, July 5, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to New Orleans to participate in the Essence Festival of Culture and meet with 2024 National Small Business Person of the Year and Louisiana native, Iam C. Tucker.
By Business Daily | Jun 28, 2024
The U.S. Small Business Administration (SBA) announced a new funding solicitation for its Regional Innovation Cluster (RIC) Initiative, marking the first time awards will be made at two funding levels: emerging and mature clusters. The RIC solicitation will open on July 1, 2024, and close on July 26 at 1:00 PM ET.
By Business Daily | Jun 20, 2024
The U.S. Small Business Administration (SBA) announced over $1 million in new funding to provide critical training and counseling to aspiring and existing veteran small business owners through the Veterans Business Outreach Center (VBOC) program.
By Business Daily | Jun 14, 2024
The U.S. Small Business Administration (SBA), in collaboration with Women Impacting Public Policy (WIPP) and American Express (AMEX), will cohost ChallengeHER events in Detroit on June 17 and in Colorado Springs on August 22. The initiative aims to provide government contracting education for women entrepreneurs.
