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Date/Time | Title | Description |
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March 24, 2021 | BREAKING: SBA Increases Economic Injury Disaster Loan Cap to $500k | The Small Business Administration (SBA) announced an increase on Wednesday to the maximum amount a small business or non-profit can borrow through the pandemic assistance program. “Starting ...Read more |
March 23, 2021 | More Than 1,000 U.S. Businesses Close Per Day Since Pandemic Start | In an interview on Friday with the Associated Press, newly-confirmed head of the Small Business Administration, Isabel Guzman, told the outlet that the United States has lost 400,000 businesses sin ...Read more |
March 19, 2021 | Small Business Environment More Healthy Despite Slowing Gains | A popular metric for the small business ecosystem, the Small Business Index by MetLife and the US Chamber of Commerce, shows some improvement in the first quarter of 2021. The index for this ...Read more |
March 16, 2021 | Just 20% Of Small Businesses Have Cyber Insurance - Study | A new study conducted by the Selective, the primary holding company for 10 insurance companies, and Appalachian State University, a major point of vulnerability in most small businesses in the Unit ...Read more |
March 10, 2021 | Uncertainty as PPP Gets Cash Injections Despite Looming Expiration Date | The Payment Protection Program is still set to expire March 31st despite a new cash injection and more than $100 billion in still available funds. Representative Blaine Luetkemeyer (R-MO) s ...Read more |
March 3, 2021 | New Bill Marks Major Step in LGBTQ Business Equality | Congressman Ritchie Torres (D-NY) is re-introducing legislation that will mandate that financial institutions collect data on LGBTQ-owned businesses. Torres, a barrier-breaking, gay afro- ...Read more |
March 2, 2021 | SBA Sets Up 14-Day Exclusive Loan Period for Small Biz, Changes to PPP | The Small Business Administration (SBA) announced on Sunday that it would hold “a 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 employee,” endin ...Read more |
February 17, 2021 | Virginia bill will aid MBE/WBE/SBE businesses | A new bill supportive of Small Business Enteprises (SBEs), Minoirty Business Enteprises (MBEs), and Women Business Enterprises (WBE) is making its way through Virginia’s state legislative body.< ...Read more |
February 16, 2021 | UPDATE: Biden’s Labor Secretary Pick Faces Legal Action Over Disparity Study | UPDATE: The Black Economic Council of Massachusetts (BECMA), the Greater Boston Latino Network (GBLN) and Amplify Latinx have filed a with the Department of Justice and the Department of Transporta ...Read more |
February 5, 2021 | Black Businesses Deserve Another Stimulus this Black History Month | Small business survivability rates are low across the board, but black-owned businesses are uniquely vulnerable to closure. A whopping 80 percent of minority businesses shut down within t ...Read more |