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In case you missed it! On July 29, 2021, Vice President Kamala Harris and Administrator Isabel Casillas Guzman joined small business owners from across the country as part of the?Getting Back on Track Webinar Series to discuss government resources and tools that are helping small business owners recover from the pandemic and build back better.
Watch
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The SBA Office of Capital Access will host a webinar series for small business owners to discuss the COVID EIDL (Economic Injury Disaster Loan) program?s small business loans. The COVID EIDL program is a Federal small business loan program designed to support small businesses to recover from the COVID-19 economic recession by providing accessible and?borrower-friendly capital. ?
The majority of the information in each webinar will be the same. Please also note these events are closed to press.
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On July 28, 2021, the SBA?launched a streamlined application portal to allow borrowers with Paycheck Protection Program loans of $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
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The federal government has exceeded its small business federal contracting goal, awarding more than $145 billion in federal contract dollars to small businesses, a $13 billion increase from the previous fiscal year.?
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On July 28, 2021, the SBA?announced $300,000 for up to two new grant opportunities for established and aspiring Women?s Business Center host organizations. When funded, the WBC?s will provide business services for women entrepreneurs in Puerto Rico.
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On July 27, 2021, the SBA announced that the Shuttered Venue Operators Grant program?has awarded over $7.5 billion in total funding to more than 10,000 live venues and related businesses across America and U.S. territories.
The SVOG portal remains open and funding is still available for all eligible applicants. However, do not wait. Submit your application as soon as possible.
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Today, July 30, 2021 marks the 68th anniversary of the SBA. We're honored to support America's small businesses and dedicated to helping them recover, rebuild and be resilient.?
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This week,?Administrator Guzman visited Richmond, VA to meet inspiring small business owners who were able to pivot, recover and grow with help from SBA programs and resources. Watch a video of the visit and follow the Administrator on Instagram to see photos and videos of all her visits to small businesses across America.?
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Join the SBA and Public Private Strategies Institute for a webinar on?August 5, 2021 at 2:00 p.m. EDT to help you get your business back on track. During the webinar, you will:
- Hear about what steps you can take now to learn and take advantage of new and existing programs that are available at the SBA
- Get an update regarding programs and recent policy announcements made by the Biden-Harris Administration
- Have your questions answered by SBA Leadership and small business experts
- Learn how you can become a vaccine leader in your community
- Discover tools and resources you can use to take your business digital
The webinars in this series are open to any small business owner and leader. They are divided geographically by SBA regions and feature guest speakers from the corresponding areas. However, the majority of the information pertains to a national audience, so you may register for a webinar outside your location.
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Interested in government contracting? Register for SBA's webinar on August 10 at 2:00 pm EDT?to learn about the following programs:
- 8(a) Business Development program
- Woman Owned Small Business program
- Service Disabled Veteran Owned Small Business program
- Historically Underutilized Business Zone program
- Mentor-Prot?g? program?
Register
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Did you know? Eligible businesses that allow employees to get a COVID-19 vaccine can receive a tax credit. Partner with a vaccine provider to host an on-site vaccination clinic.
Find a vaccine provider
New, Lower Costs on Marketplace Health Insurance Plans
You may be eligible for more savings and lower costs on health coverage through the Health
Insurance Marketplace due to the American Rescue Plan Act of 2021.
What?s new:
- More people than ever before qualify for tax credits that lower the cost of health?coverage, even those who weren?t eligible in the past.
- Most people currently enrolled in a Marketplace plan will qualify for more tax credits.
- Health insurance premiums after these new savings will go down.
- 4 out of 5 customers can find a plan for $10 or less per month.
Fill out and submit your application on HealthCare.gov (or CuidadoDeSalud.gov for Spanish?speakers) by August 15, 2021. After you submit your application, you have 30 days to enroll in?a plan. Coverage starts the first day of the month after you enroll.?
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Get Inspired: Small Business Success Story
In 2013, Chera Amlag and her husband Geo Quibuyen started a passion project, monthly Filipino pop-up dinners, where they could share their Filipino culture through food. Drawing inspiration from her first memories of cooking a Filipino dessert Halaya with her mother, Amlag combined her love of Ube, a purple yam, and cheesecake to create Ube Cheesecake, which people started requesting long after its debut during their second pop-up.
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As a reminder,?SBA directly communicates from email addresses ending in @sba.gov. SBA also communicates via email updates/notifications using an email marketing platform, (the same one you are receiving this newsletter from). Those emails end in @updates.sba.gov.
If you applied for the Shuttered Venue Operators Grant and emailed the SVOG Support Center, you may receive an email back from a zendesk.com account. This is an authorized SBA contractor.
If you are being contacted by someone claiming to be from the SBA who is not using an official SBA email address, you should suspect fraud.?To report potential fraud, visit sba.gov/covidfraudalert.
Small Business Tax Credit Programs
Did you know that the?American Rescue Plan extends a number of critical tax benefits, particularly the Employee Retention Credit and Paid Leave Credit, to small businesses?
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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.?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?
SCORE, Small Business Development Centers,?Women?s Business Centers, Veterans Business Outreach Centers and other resource partners are providing free virtual business mentoring and training by phone, email, and video.
Find an SBA resource partner near you
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