Plan to Keep Busy with our Calendar of Events

New Hampshire District Office - November 25,  2020

u s small business administration
How to protect your business data

BEWARE of Fraud!!

Multiple sources identified an SBA-themed phishing email that is addressed to, “Valued SBA Applicant” and signed by SBA’s Office of Disaster Assistance (ODA). The body of the email requests user to verify the account, “due to high fraudulent claims and identity theft cases used by hijackers recently in regard to loan applications.” The statement is false, and the links could lead to financial or personally identifiable information (PII) loss.

Any email communication from the SBA will come from email accounts ending in sba[.]gov. Loan applicants should:

  • Confirm the application number referenced in the email is consistent with their actual application number.
  • Do not click on any links or open any attachments unless you are sure of the recipient.

Applicants who receive email correspondence asking for PII are often targets of email phishing scams. For more information on email phishing scams where bad actors are taking advantage through “SBA Loan Applications” please visit this site:

SBA Blog - Alert About Email Scams


SBA resources partners: Helping you start, grow, or expand your business

December Events & Happenings

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Tuesday, December 1st

Food Photography Basics -   2:00pm 

Wednesday, December 2nd

Digital Marketing Essentials 2: Email, Social Media & more -  6:00pm 

Weekly Wednesday Webinar for all things SBA at 9am.

Thursday, December 3rd

SBA and SOS Monthly Webinar  - 9:00am 

Ask an Advisor Anything: Finding the Money - 10:00am

Workshop Marketing Series: One Page Marketing Plan – Day 1- 11:00am

The Hero Factor - How to Transform Your Business and Create a ... -2:00pm 

NH Tech Alliance’s Inaugural Innovation Summit - 6:00pm 

Tuesday, December 8th

Control Your Business Path: Stay Open/Closing/Bankruptcy - 10:00am

The 5 Step Marketing Strategy During a Pandemic - 1:00pm

Wednesday, December 9th 

QuickBooks - 6:00pm 

Weekly Wednesday Webinar for all things SBA at 9am.

Thursday, December 10th

Credit Card Processing Secrets that will Save Your #smalbiz Money -1:00pm

Monday, December 14th

PPP Forgiveness Applications: Eligibility and filling out the Applications- 10:00am

QuickBooks 101 - What Can Accounting Do For Your Business? - 4:00pm

Tuesday, December 15th

Selling Through Social - Develop Your Strategy for the New Year - 1:00pm

Interviewing Tips, Tricks and Techniques for Business Owners - 2:00pm 

Wednesday, December 16th

Weekly Wednesday Webinar for all things SBA at 9am.

Business Finance: Beyond the Basics (SCORE Finance 2) - 1:00pm 

How to Understand & Use Your Financial Statements as Management Tools -2:00pm

Thursday, December 17th

QuickBooks 102 - The Most Important Basics - 9:00am

Tuesday, December 29th

Disaster Preparedness for Small Businesses- 1:00pm

 


SBA Veterans Small Business Advisory Committees to Host Virtual Public Meetings Dec. 2 and 3

Business Information Session for Veterans

WASHINGTON – The U.S. Small Business Administration's Interagency Task Force on Veterans Small Business Development (IATF) and Advisory Committee on Veterans Business Affairs (ACVBA) will hold virtual public meetings on Dec. 2 and 3, respectively, via Microsoft Teams. 

"These quarterly meetings serve as an important opportunity for federal agencies, veteran service organizations, and veteran-owned small businesses to address the challenges faced by the veteran small business community," said Larry Stubblefield, Associate Administrator for the SBA's Office of Veterans Business Development. "We encourage veteran small business owners and advocates to join these public meetings to provide comment and hear about the committees' efforts to support veteran entrepreneurs."

The IATF will meet on Wednesday, Dec. 2, from 1 p.m. to 3:30 p.m. (EST).

Dial-in: (202) 765-1264

Conference ID: 449 400 128#

The ACVBA will meet on Thursday, Dec. 3, from 9 a.m. to 3:30 p.m. (EST).

Dial-in: (202) 765-1264

Conference ID: 298 825 239#

During the IATF meeting, committee members from the Departments of Defense, Labor, Treasury, and Veterans Affairs; General Services Administration; Office of Management and Budget; North Carolina Military Business Center; Student Veterans of America; and American Legion will report on updates related to veteran business development. Member updates will be followed by a brief on the Veteran-Owned Surplus Property Donation Program.

The ACVBA meeting will include opening remarks from the SBA's Office of Veterans Business Development's Associate Administrator and ACVBA Chairwoman, followed by guest speakers' briefings. The presentations will include a VA Small Business Update from the Department of Veterans Affairs, an overview of recent changes to the beta.SAM.gov site from the General Services Administration, an access to capital briefing from the SBA, an update on the SBA All Small Mentor-Protégé and 8(a) Business Development programs, and a panel discussion on the Veteran-Owned Surplus Property Donation Program.  

Public comments and questions are strongly encouraged to be submitted in advance by Nov. 30 via email to veteransbusiness@sba.gov  or by phone at (202) 205-6773. For technical support, please visit the Microsoft Teams support page. Meeting minutes will be available after both meetings at www.sba.gov/ovbd, under the "Federal Advisory Committees" section.


Public Comments Due January 12th

SBA Size Standards

SBA Proposes Small Business Size Standard Revisions in Three Industrial Sectors

Change Targeted at Increasing Eligibility for Contracting

and Loan Programs

WASHINGTON – The U.S. Small Business Administration is seeking public comments on a proposed rule that would revise the small business size standards for businesses in three North American Industrial Classification System (NAICS) sectors to increase small business eligibility for SBA’s loan and contracting programs. 

Comments may be submitted on this proposed rule on or before Jan. 12, 2021 at www.regulations.gov, using the following RIN number: RIN 3245-AG91. You may also comment by mail to Khem R. Sharma, Chief, Size Standards Division, 409 3rd Street SW, Mail Code 6530, Washington, D.C., 20416.

The NAICS sectors reviewed in the proposed rule are: Professional, Scientific and Technical Services; Management of Companies and Enterprises; and Administrative and Support and Waste Management and Remediation Services.  SBA proposes to increase size standards for 46 industries in those sectors. The following table includes the number of industries reviewed and the number of industries with proposed increases in size standards by NAICS sector.

 

 

NAICS Sector 

 

Sector Name 

No. of Industries

Reviewed 

with Increases

54

Professional, Scientific and Technical Services

48

27

55

Management of Companies and Enterprises

2

2

56

Administrative and Support and Waste Management and Remediation Services

44

17

Total

 

94

46

 

SBA estimates that about 2,600 additional firms in these three sectors will become eligible for SBA’s programs under the revised size standards, if adopted.

The proposed rule is part of a five-year comprehensive review of small business size standards, as required under the Small Business Jobs Act of 2010.  The proposed revisions reflect changes in industry and federal marketplace conditions and SBA’s policy position under the current economic situation due to the COVID-19 pandemic.  In response to the pandemic, SBA is retaining current size standards where data suggests that size standards should be lowered.

As part of the ongoing review of all size standards, SBA considers the structural characteristics of individual industries, including average firm size, the degree of competition, and federal government contracting trends.  This ensures that small business size standards reflect current economic conditions in those industries.  The proposed revisions to the size standards in these sectors will enable more small businesses to retain their small business status, provide federal agencies a larger pool of small businesses to choose from for small business procurement opportunities and help eligible small businesses benefit from SBA’s loan programs.

An SBA-issued White Paper entitled, “SBA’S Size Standards Methodology,” which explains how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards, can be viewed at http://www.sba.gov/size

For more information about SBA’s revisions to its small business size standards, visit “announcements about updating size standards” at http://www.sba.gov/size.


USDA Rural Development Accepting Loan and Grant Applications for 2021 Community Facilities, Water & Environmental Programs


Funding Applications for Rural Community Projects Due in December, April

MONTPELIER, November 24, 2020 -- USDA Rural Development in Vermont and New Hampshire is calling for applications from non-profits and public-body entities seeking financing to improve essential community infrastructure.

The following application deadlines apply to the agency’s Community Facilities Direct Loan & Grant Program and Water & Waste Disposal Loan & Grant Program:

Read the full press release HERE.


Happy Thanksgiving

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Ways to Connect with SBA New Hampshire:


Websitewww.sba.gov/nh
EmailNewHampshire_DO@sba.gov
Twitter: @SBA_NH

Phone: 603-225-1400