Recent News About U.S. Small Business Administration
By Business Daily | Aug 26, 2024
DES MOINES, Iowa – On Friday, August 23, 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 34 million small businesses, traveled to Iowa to meet with disaster survivors and assess SBA recovery efforts following devastating tornadoes and severe weather earlier this year.
By Business Daily | Aug 21, 2024
NEW DELHI – During the week of August 12, 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 New Delhi and Hyderabad, India. The purpose of her visit was to meet with national leaders and local entrepreneurs to enhance the U.S.-India partnership and explore increased trade opportunities for small businesses in both countries.
By Business Daily | Aug 21, 2024
The U.S. Small Business Administration (SBA) announced it will host its third annual Small Business Cyber Summit on October 16 and 23. This free cybersecurity series aligns with the Biden-Harris Administration’s National Cybersecurity Strategy, aiming to provide America's 34 million small businesses with essential tools and resources to enhance their cybersecurity infrastructure. The summit, in collaboration with multiple federal agencies, will feature hands-on advice, interactive forensic assessments, and panels discussing available local and federal resources.
By Business Daily | Aug 21, 2024
SALEM, Ore. - On Tuesday, August 27, 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 34 million small businesses, will travel to Oregon as part of the Investing in America Tour.
By Business Daily | Aug 21, 2024
DES MOINES - On Friday, August 23, 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 34 million small businesses, will travel to Iowa to meet with disaster survivors and local leaders following devastating tornadoes earlier this year and assess SBA recovery efforts on the ground.
By Business Daily | Aug 19, 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 34 million small businesses, has opened nominations for the 2025 National Small Business Week (NSBW) Awards. For over 60 years, the SBA has supported small businesses in America, and the annual NSBW awards recognize exemplary achievements, contributions, and resilience of SBA-assisted individuals and businesses that drive the American economy.
By Business Daily | Aug 15, 2024
NEW DELHI – Today, 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 34 million small businesses, announced a new memorandum of understanding (MOU) between the SBA and the Republic of India’s Ministry of Micro, Small and Medium Enterprises (MSMEs) to strengthen the two countries’ joint work to promote MSME participation in the global marketplace. The agreement, signed by Administrator Guzman and the Indian Ministry for MSMEs in New Delhi on August 13, is the SBA’s first...
By Business Daily | Aug 14, 2024
On August 14, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, announced that the Biden-Harris Administration has significantly increased SBA lending to Black-owned businesses while also doubling small-dollar lending and lending to Latino- and women-owned small businesses. This announcement coincides with a record 19 million new business applications filed under the current administration.
By Business Daily | Aug 12, 2024
On August 12, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced the signing of a memorandum of understanding (MOU) between the SBA’s Office of Veterans Business Development (OVBD) and the U.S. Department of Veterans Affairs (VA) Veterans Benefits Administration (VBA). This partnership aims to enhance access to self-employment assistance and SBA training for active-duty service members and service-disabled veterans participating in the Veteran Readiness & Employment Program (VR&E), also known as Chapter 31. The MOU will...
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.
