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|December 24, 2020||Minority Businesses Stand to Benefit From New PPP Rules, Pilot Program||
In addition to earmarks meant to help minority businesses secure forgivable loans, new legislation passed by Congress creates a pilot program to help foster small businesses owners around historica ...Read more
|December 30, 2020||US Business Registration Up 82 Percent But it May Mostly be Glorified Gig Work||
A new report shows that business formation applications in the United States are up 82 percent in the three months leading up to September in comparison to the same months in 2019, reflecting a tre ...Read more
|January 4, 2021||SBA Launches Digital Learning Platform for Women Entrepreneurs, 20 Business Centers||
The US Small Business Administration (SBA) has announced the launch of 20 new Women Business Centers (WBC) — the largest ever expansion of its network in its history — as well as a new digital ...Read more
|January 7, 2021||IRS to Increase Small Business Audits But There Are Ways to Protect Yourself||
Despite studies showing that 800 small businesses are closing every day in the US, the Internal Revenue Service is planning a 50 percent increase in audits of small businesses.
“The I ...Read more
|January 11, 2021||SBA Administrator Heaps Praise on Trump After High-Profile Resignations Over Capitol Riots||
Small Business Administration Administrator Jovita Carranza showered President Donald Trump with praise on Monday despite the resignation of many of her colleagues including the Secretary of the De ...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