Latest News
By Business Daily | Oct 3, 2024
The U.S. Small Business Administration (SBA) has announced the addition of 14 new awards to its Regional Innovation Cluster (RIC) network. This expansion aims to support small businesses and entrepreneurial organizations nationwide, fostering innovation and job creation.
By C. D. McHugh | Oct 2, 2024
Amazon Prime members will have access to millions of early holiday deals on Oct. 8 at 12:01 a.m. when Prime Big Deal Days starts, according to a Sept. 16 news release from Amazon.
By Business Daily | Oct 2, 2024
On October 1, Deputy Administrator Dilawar Syed of the U.S. Small Business Administration visited Boise, Idaho. His visit aimed to understand the local business environment and engage with entrepreneurs during Boise Entrepreneur Week.
By C. D. McHugh | Oct 1, 2024
In a volunteer event Sept. 24, Amazon donated $50,000 to GO Pantry northern Kentucky, to support the food pantry's efforts to lessen food insecurity for children and youths in the community, according to a press release about the event.
By Business Daily | Sep 30, 2024
Today, the Biden-Harris Administration announced a new rule aimed at reducing costs for small business owners. The U.S. Small Business Administration (SBA) Administrator Isabel Casillas Guzman revealed that the SBA 504 Loan Program will now allow easier refinancing of debt. This move is expected to help small businesses lower their debt payments and access more affordable capital for expansion or growth.
By Business Daily | Sep 30, 2024
The U.S. Small Business Administration (SBA) has announced the 11th annual National Veterans Small Business Week (NVSBW), scheduled to take place from November 11 to November 15. The event will feature both in-person and virtual events nationwide.
By Business Daily | Sep 27, 2024
Drew Maloney, President and CEO of American Investment Council (AIC), said private equity has a major impact on American jobs and communities, as well as provides support for local small businesses.
By Business Daily | Sep 26, 2024
Starbucks Corp. (SBUX) has faced a recent stock downgrade by analysts as the company deals with ongoing lawsuits, leadership changes, and activist pressure, which have impacted its near-term outlook.
By Business Daily | Sep 26, 2024
On Wednesday, September 25, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, traveled to Nebraska to mark Hispanic Heritage Month and meet with Tribal leaders. The discussions focused on the SBA’s efforts to support entrepreneurship and economic development in Native American communities.
By Business Daily | Sep 26, 2024
On Tuesday, Sept. 25, SBA Deputy Administrator Dilawar Syed visited Jackson, Detroit, and surrounding areas to meet with local entrepreneurs and highlight the impact of investments by the Biden-Harris Administration in infrastructure, technology, and manufacturing. Since President Biden took office, more than 19.4 million founders have filed to start a business – including more than 528,000 in Michigan alone.
By E. F. Cullerton | Sep 25, 2024
Amazon announced a nationwide pay increase, raising the average total compensation to $29 for its front-line team members, including the over 38,000 full and part time workers in Ohio.
By A. D. Bamburg | Sep 25, 2024
Amazon has announced a pay increase for its front-line team members, raising the average total compensation for workers to $29, and investing an additional $2.2 billion nationwide.
By Business Daily | Sep 25, 2024
Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA) announced $20 million in State Trade Expansion Program (STEP) grants awarded to 43 state and territory international trade agencies. These grants aim to support small businesses in increasing their export volume and value. States can start soliciting applications from small businesses immediately, with funding available starting September 30.
By Business Daily | Sep 25, 2024
The U.S. Small Business Administration (SBA) has announced the winners of the 2024 Growth Accelerator Fund Competition (GAFC) Stage Two. Administrator Isabel Casillas Guzman, head of the SBA and a member of President Biden’s Cabinet, revealed that 44 accelerator partnerships have received awards ranging from $50,000 to $150,000 each. These funds aim to support small businesses and startups in STEM and research and development across key areas such as national and economic security, domestic manufacturing and production, sustainability, and biotechnology.
By Business Daily | Sep 23, 2024
The U.S. Small Business Administration (SBA) announced it will cohost two events this fall in Washington, D.C., and Florida as part of the 2024 National ChallengeHER road tour. The initiative, organized alongside Women Impacting Public Policy (WIPP) and American Express (AMEX), aims to bring more women-owned firms into the federal government’s supply chain.
By J. D. Suayan | Sep 21, 2024
Shenetra Moses, the General Manager of Amazon's Romeoville Center, has found her calling in developing diverse leadership pipelines within the tech giant. Moses is now focused on creating opportunities for underrepresented groups in STEM at Amazon.
By Business Daily | Sep 20, 2024
This month, 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, is encouraging small businesses to take proactive steps to safeguard their operations from potential natural disasters. This year’s theme is “Prepare Now, Recover Faster.”
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 18, 2024
The Cincinnati Regional Chamber’s Center for Research and Data (CRD) unveiled its 2024 State of the Region Report today.