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SBA Seeks Applications from Investment Fund Managers For Its New Early Stage Capital Program

The U.S. Small Business Administration is inviting experienced early stage investment fund managers to apply for licensing as Early Stage Innovation Funds as part of SBA’s Small Business Investment Company capital investment program. continue reading »

SBA Helps Veterans Start, Grow and Expand Small Businesses

Entrepreneurship Boot Camp for Disabled Veterans Expands to Eighth School. With thousands of service men and women returning from wars in Iraq and Afghanistan, the U.S. Small Business Administration is welcoming them home with programs and initiatives to help them start, grow and expand their businesses. continue reading »

SMALL BUSINESS FINANCE: SBA Kicks Off Young Entrepreneur Series

Five-city tour offers young people advice and tools to start and grow businesses. The White House and the U.S. Small Business Administration announced today the launch of the Young Entrepreneur Series (YES) continue reading »

SMALL BUSINESS FINANCE: SBA’s Patriot Express Loans Reach $633 million

In just four years the U.S. Small Business Administration’s Patriot Express Pilot Loan Guarantee Initiative has provided more than $633 million in SBA-guaranteed loans to 7,650 veterans to start or expand their small businesses. continue reading »

Small Business Got Nearly $100 Million in Federal Contracts in FY 2010

2010 Small Business Procurement Data Shows Significant Progress toward 23 Percent Federal Contracting Goal. The federal government awarded nearly $100 billion in federal contracts to small businesses continue reading »

SBA Approves First Six Lenders to Start Making Community Advantage Loans

Community-based, mission-focused lenders will start accepting loan applications from small business borrowers immediately. The U.S. Small Business Administration has approved an initial group of six community-based, continue reading »

SMALL BUSINESS FINANCE: SBA Launches Temporary Program for Commercial Real Estate Refinancing

Agency will begin accepting refinancing applications Feb. 28 for small businesses facing maturing mortgages, balloon payments. continue reading »

Final Regulations Will Strengthen 8(a) Business Development Program for Small Businesses

The U.S. Small Business Administration today published a package of final rules that will revise regulations to strengthen its 8(a) Business Development program to better ensure that the benefits flow to the intended recipients and help prevent waste, fraud and abuse. continue reading »

SBA Lending Initiatives for Underserved Communities Launch on Feb. 1A

SBA Preferred Lenders can begin approving Small Loan Advantage loans; ‘Mission-focused’ lenders can start applying to participate in Community Advantage continue reading »

SBA Provides Higher Loan Limits for Small Businesses

Export-related loans to small businesses approved under the Jobs Act provisions have reached nearly $110 million as of Dec. 31, the U.S. Small Business Administration announced today. continue reading »

New Initiatives Available to Increase Leading for Hispanic-Owned Businesses

With small business owners and entrepreneurs in traditionally underserved communities continuing to face challenges accessing capital, the U.S. Small Business Administration continue reading »

SMALL BUSINESS FINANCE: SBA Experts Offer Advice on Business Expansion

The U.S. Small Business Administration’s November web chat will offer advice to entrepreneurs looking to grow or expand their businesses. If you are considering expansion of your company’s product or service, the free web chat will help you learn how to make your next move. continue reading »

SBA Writes More Than $22 Billion in Small Business Loans

Loans guaranteed by the U.S. Small Business Administration to small businesses and entrepreneurs continued to rebound in fiscal year 2010. In fiscal year 2010, SBA supported more than $22 billion (54,833 loans) in lending to small businesses through its two largest loan programs, compared to more than $17 billion (47,897 loans) in fiscal year 2009. continue reading »

SBA Writes More Than $22 Billion in Small Business Loans

Loans guaranteed by the U.S. Small Business Administration to small businesses and entrepreneurs continued to rebound in fiscal year 2010. In fiscal year 2010, SBA supported more than $22 billion (54,833 loans) in lending to small businesses through its two largest loan programs, compared to more than $17 billion (47,897 loans) in fiscal year 2009. continue reading »

Illinois’ Smart Gird Selected as One of Country’s “Innovative Economies”

The U.S. Small Business Administration (SBA) announced today the support for 10 regional economic development and job creation efforts and amongst those recognized is the Illinois Smart Grid Regional Innovation continue reading »