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Happy Black History Month! This week, SBA Administrator?Isabella Casillas Guzman issued a statement and video to?commemorate Black History Month. Administrator Guzman also?announced the availability of $1.5 million for 10 new grant opportunities for established Minority Serving Institutions aspiring to host a Women?s Business Center to provide business services for women entrepreneurs.?As Black History Month gets underway, the announcement highlights the SBA's commitment to creating funding opportunities that increase equity for small business owners ? a priority under Administrator Guzman.
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Did you know that the Community Navigator Pilot Program is an American Rescue Plan initiative designed to reduce barriers that underrepresented and underserved entrepreneurs often face in accessing the programs they need to recover, grow, or start their businesses? The program will provide a total of $100 million in funding to 51 organizations that will work with hundreds of local community groups to improve access to SBA and government resources for America?s entrepreneurs.
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Join the IRS for a series of online meetings in February and March (divided by location/states) for small business organizations and owners. The meetings will include:
- Presentations from IRS leadership covering the top tax issues affecting small business owners regarding income, deductions, employment taxes and recordkeeping
- How to get ready for the 2022 filing season
- Tax scams targeting small businesses?
- How the IRS is reorganizing to better serve small business taxpayers
- Listening session to hear concerns, feedback and suggestions from participants
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Disaster Preparedness Plan for Your Small Business
Every small business has unique vulnerabilities and weaknesses. Knowing which disasters are most likely to affect your business can help you to return to operations faster. A back-to-business self-assessment can help you determine your risks for common hazards such as hurricanes, wildfires, flooding, or even cyberattacks. Keep your business safe by creating a disaster preparedness plan.?
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Paycheck Protection Program borrowers: If your loan is $150,000 or less, you may be eligible to apply for direct forgiveness through SBA using our?online portal. Follow the steps below.
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Find out?if your lender is participating.?
- Watch a video?about how to use the portal.
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Apply for forgiveness.
For additional information, visit the SBA website.
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Thanks to vaccines, small businesses across America have opened back up. Keep the momentum going by getting vaccinated.?Find a vaccine provider near you.?
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