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Join the U.S. Small Business Administration (SBA) for an online panel discussion on February 25, 2021 with Black business owners as they share their small business stories and how they pivoted during the pandemic and utilized SBA?s critical financial lifelines. You will also hear remarks from US Rep. Dwight Evans (PA-03), member of the Congressional Black Caucus.
Register today
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In case you missed it! The SBA has now provided more than 3.7 million small businesses, collectively employing more than 20 million people with $200 billion through the COVID-19 Economic Injury Disaster Loan (EIDL) program. Eligible small businesses can apply for an EIDL until December 31, 2021.
Learn more and how to apply
New:?Targeted EIDL Advance Mapping Tool
The Targeted EIDL Advance provides businesses located in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency. Applicants do not need to take any action at this time.?SBA will reach out to those who qualify.
To help applicants determine if they are located in a low-income community as defined in section 45D(e) of the Internal Revenue Code, a lookup tool is now available at?https://sbaeidl.policymap.com/app. Note that the business address must be?located?in a low-income community in order to qualify, so SBA encourages potential applicants to check the map to see if they meet the low-income community eligibility requirement before you apply.
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Friendly reminder!?Those looking to apply for the Shuttered Venue Operators Grant will need to be registered in the U.S. government?s System for Award Management, SAM.gov. SBA has created a video tutorial that guides you through the process, and you can find it on the SVOG?s website at www.sba.gov/svogrant.
Learn more and get registered
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Winter weather is impacting so many small business owners across the country. Learn how to keep your workers safe from cold stress and related hazards.
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Did you know? The federal government has a goal to award at least 23% of contract dollars to small businesses? Explore our guide to learn how you can compete for and win government contracts.
Learn more
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Bad actors are using government logos in phishing emails in an attempt to steal account information. Email image links lead to websites impersonating federal agencies. Any email from the U.S. Small Business Administration (SBA) will come from accounts ending in sba.gov.
Learn more
Be Inspired: Small Business Success Story in Celebration of Black History Month
As a woman in the construction industry, Necole Parker, CEO of The ELOCEN Group in Washington, D.C., says gaining equal respect and accessing the same opportunities as her male counterparts have been the greatest challenges she has faced since starting her company.
The company became certified for the 8(a) Business Development program, which proved to be instrumental to its growth. The 8(a) program provides socially and economically disadvantaged small businesses training, counseling, marketing assistance, high-level executive development, and more to help them compete for and win federal government contracts.
Learn more
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Webcast: Helping Small Business Owners and their Employees Save for Retirement
Wednesday, February 24, 2021 | 2:00 pm ET
Strengthening your personal finances will help you weather challenges for your small business. A retirement plan is a tax efficient way to improve your financial security. And as an employer, offering a retirement plan helps your employees improve their financial wellbeing ? and can be a recruitment tool as you continue to grow and expand your business.
Join the U.S. Department of Labor for a free webcast on February 24, 2021, during America Saves Week to learn about ways to save for retirement. Starting a retirement savings plan can be easier than you think. The U.S. Department of Labor?s Employee Benefits Security Administration in coordination with America Saves will hold a webcast for small businesses and their CPAs. The U.S. Small Business Administration (SBA) and the American Institute of CPA?s (AICPA) will also participate.
Register today
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Federal Coronavirus Resources
State, local, and federal agencies are working together to maintain the safety, security, and health of the American people. Check out coronavirus.gov for updates from the White House's COVID-19 Task Force.?Go to cdc.gov for detailed information about COVID-19 from the Centers for Disease Control and Prevention.? Visit?covid-sb.org, the official federal resource website for U.S. small businesses affected by COVID-19.
Learn more about the federal government's response
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Virtual Mentoring and Training?
Offices around the country may be closed due to the pandemic, but SCORE, Small Business Development Centers,?Women?s Business Centers, Veterans Business Outreach Centers and other resource partners are providing free business mentoring and training by phone, email, and video.
Find an SBA resource partner near you
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