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… across the nation. While Latinos generate nearly $2.8 trillion in economic activity, studies show that a significant opportunity gap persists due to … Guzman. "For the Latino community, entrepreneurship is a pathway to prosperity, to successful community outcomes, …

… the U.S. Small Business Administration (SBA) launched a new business training program tailored to military spouses … pathways to entrepreneurial success to ensure they can be a part of the small business boom that has helped spur job … throughout the calendar year. Military spouses with a strong business idea or considering entrepreneurship are …

… the U.S. Small Business Administration (SBA) finalized a rule to modernize the Small Business Investment Company … need for long-duration and equity funds: Introduces a new debenture instrument to the program portfolio called … assets under management (AUM). Last year, SBICs invested $8 billion in more than 1,500 companies, which created and …

… to small businesses. This historic level amounts to a $162.9 billion investment in the small business economy – an $8.7 billion increase from the previous fiscal year. Ten … with federal agencies to promote maximum utilization of 8(a) certified SDBs to ensure equitable access to contracting …

… access to capital by modernizing SBA’s signature 7(a) and 504 Loan Programs. Today’s loan program updates build … ability to access funding to start up and grow through a broader network of lenders with streamlined lender … and procedures, lender participation requirements, and 7(a) loan servicing and liquidation requirements. For example, …

… $3 billion in lending.  “Our country is experiencing a small business boom driven significantly by the … share of the SBA’s lending portfolio rose from under 8 percent to over 12 percent. SBA 7(a) & 504 Loans to … $1,643  $2,811  $2,591  $3,006  Share (% of loans)   8.2%  8.4%  9.0%  7.8%  8.4%  10.0%  12.2%  Under the …

… its mission-lending Community Advantage Program as a result of its recent rule changes and the launch of 143 … Companies (CA SBLCs), giving these mission-based lenders a permanent home in SBA lending to continue serving small … to continue SBA lending, collectively representing 99.8% of the original CA Pilot Program’s lending portfolio, …

… businesses doubling since President Biden took office – a testament to the entrepreneurial spirit of Black Americans … be done to expand opportunity and make the American dream a reality for all.” In a tightening credit environment, the SBA’s lending programs …

… “The success of America’s 33 million small businesses is a pillar of Bidenomics and foundational to the prosperity of … to capital, especially smalldollar loans, still pose a challenge to many of the entrepreneurs who power our … of the SBA’s SBLC program after more than forty years is a monumental step forward in this crucial effort. With the …

… which women are helping to lead. We are living during a historic period of achievements for American women entrepreneurs and President Biden is making it a priority to provide women with the assistance they need to … - starting new businesses at record rates and forging a path forward. We at the SBA are committed to creating …

… Opportunities to Small Businesses WASHINGTON  – Today, at a roundtable discussion hosted by the White House and … to $31.9 billion in procurement, reflecting a $3.8 billion spending increase compared to the previous year.   … program.  Creating special contract procedures for 8(a) participants using the GSA’s Multiple Award Schedule. …

… that the Biden-Harris Administration has finalized a new rule that will remove restrictions on SBA loan programs … from being eligible for SBA-backed loans to start or grow a business. As part of this rule change, the SBA will also … said SBA Administrator Guzman. “Today, the SBA is taking a massive step forward to foster equity and remove …

… clean energy future. “Small businesses and start-ups play a crucial role not only in innovating to develop the future … to the capital they need to help our nation transition to a clean energy economy. By outlining SBA resources in the … 504 loans for energy projects, the SBA can put itself in a stronger position to achieve this vital goal.” The SBA’s  …

… more than 33 million small businesses, announced the 7(a) Working Capital Pilot (WCP) Program. The WCP offers a newly structured line of credit, made by 7(a) lenders and backed by the SBA, designed to give greater …

… America’s more than 33 million small businesses, announced a new Green Lender Initiative to enroll additional climate … Advantage (CA), the mission-driven component of the 7(a) Loan Program, by increasing the maximum loan amount and … U.S. Senator Ed Markey (D-MA) while visiting Indigo Block, a low-income, multifamily housing powered by new rooftop …

… America’s more than 34 million small businesses, announced a new rule that will make it easier for small business owners … borrowing costs for small businesses. In the  SBA’s 7(a) Loan Program , the agency’s other flagship capital access … into approximately $360,000,000 in yearly savings for 7(a) borrowers. As  President Biden said earlier this month, …