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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 reports | Aug 16, 2024
The coffee company announced that Brian Niccol will assume the roles of chairman and CEO at Starbucks beginning September 9. In the interim, Rachel Ruggeri will step in as acting CEO. Starbucks also plans to have Mellody Hobson shift from her role as board chair to the lead independent director.
By K. R. Nelson | Aug 15, 2024
A report from Amazon announced that over 15,000 independent sellers across Illinois made an average of $250,000 worth of sales annually.
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 13, 2024
The Cincinnati Regional Chamber’s Center for Research and Data has published the "Cincinnati Region Labor Market Analysis | Summer 2024," sponsored by First Financial Bank.
By A. I. Benavidez | Aug 12, 2024
A report from Amazon announced that over 11,000 independent sellers across Ohio made an average of $230,000 worth of sales annually.
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 E. F. Cullerton | Aug 8, 2024
Amazon has announced a study comparing counties with its investments to similar counties without such investments. The research used various analytical methods, including panel regressions and synthetic control, to assess the impact of Amazon facilities on standard economic outcomes like the employment-to-population ratio and median household income.
By A. D. Bamburg | Aug 8, 2024
Amazon has announced the release of its 2024 Economic Impact Report, which provides data on the company's investments and their effects on the economy and job growth. Amazon was ranked No.1 Investment Hero by the Progressive Policy Institute for its leading U.S. investments.
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 reports | Jul 31, 2024
Enclave, a suburban coworking space organization, announced the opening of a new location in downtown Skokie, Illinois in September.
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.