SBA News and Updates from the San Diego District Office

San Diego District Office

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December 31st - Last Day to Apply for the Economic Injury Disaster Loan

EIDL Loan

Economic Injury Disaster Loan funding is still available. Apply today!

In response to the Coronavirus (COVID-19) pandemic, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19).

Terms:

  • 3.75% for businesses (fixed)
  • 2.75% for nonprofits (fixed)
  • 30 years
  • No pre-payment penalty or fees 

Use of proceeds:

  • Working capital & normal operating expenses

Example: continuation of health care benefits, rent, utilities, fixed debt payments.

Learn more


SBA Holiday Hours

Happy Holidays from the SBA

The year 2020 has been full of ups and downs. Together we have faced many challenges due to COVID-19 and yet so much remains to be done to help the small businesses that fuel our economy pivot to meet 2021 head-on.

Here at the local level we are here continuing our support of the small business community through the holidays. We are also busy planning new trainings and more to help you start, grow, expand and recover even more in the new year.

In the meantime, if you want to take a break from the holiday movies and music, check out the recorded trainings on the SBA’s Learning Center


Veterans Chamber of Commerce Joins Forces With San Diego District Office in 2021

Vet Center Event

 

In photo with Veterans Chamber of Commerce Membership Certificate. Hazel Beck, Director of SoCal Veterans Business Outreach Center (VBOC). Ruben Garcia, SBA San Diego District Director, and Jamye Pritchett Solorzano, Economic Development Specialist.

The San Diego SBA District Office met virtually with the Executive Director of the Veterans Chamber of Commerce to exchange ideas and strategies for forming  partnerships to benefit Veteran business owners and promote resources available to all Veterans and their families. 

The meeting included San Diego District Office Director Ruben Garcia, Deputy Director Mike Sovacool, Economic Development Specialist Jamye Pritchett Solorzano, Program Support Assistant, Wendy Antonetti, SoCal Veterans Business Outreach Center Director, Hazel Beck and Veterans Chamber of Commerce Director, Joe Molina.

Mr. Molina explained the mission of the Veterans Chamber and the pillars of opportunity that the Chamber supports and provides to Veterans: Wellness- including Faith Based opportunities, Family, Education, and Entrepreneurship. The group discussed opportunities for the SBA, SoCal VBOC and the Veterans Chamber of Commerce to partner on upcoming events and future collaborations that best serve the Veteran Community and yield measurable deliverables and outcomes. 

The San Diego District office is pleased to partner with the Veterans Chamber of Commerce and many of the Chambers of Commerce in the San Diego and Imperial Valley area to best serve and connect with our vibrant and multifaceted business community. For more information on becoming a member visit The Veterans Chamber of Commerce - Home (vccsd.org).


San Diego Chapter of SCORE and SBA San Diego District Office Team Up

NFL event

 

San Diego District Office and San Diego Chapter of SCORE teamed up to provide start up and existing business mentorship and counseling to over forty NFL Ascending Athletes at the 2020 Life Beyond the Game Virtual Event. Because of team’s great communication, the team maximized volunteers, prioritized mentoring needs, and leveraged the group’s expertise to provide the needed services in record time.

Ascending Athletes is a unique organization dedicated to helping current and former professional athletes, along with their significant others, gain the tools, skills, knowledge, and resources to transition into the business world and achieve career goals.  

Over the past year, the SBA district office and leaders from SCORE have stepped up to the plate to unite as a stronger team, increase our partnership, and effectively communicate to share and develop the many events where our Missions, outreach, staff, and volunteers intersect. The relationship between the teams helps the federal government deliver SBA Programs to the people, including Economic Injury Disaster Relief and program information on Woman Owned Small Business, Contracting, Lending, and 8(a), SBIR/STTR  business development programs.

Together, we made significant gains to streamline cross agency communication, work quicker, cast a wider net to identify key volunteers and staff, and leverage our collective program and business mentoring expertise to expand our service delivery.

SCOREs Mentorship style and business acumen is well suited to help develop business and entrepreneurship skills, provide training, and effect learning to current and aspiring  entrepreneurs.  For the athletes this equates to continuing to achieve their Dreams in the second half of their careers.

The San Diego based Team included SCORE Leaders, Sue Oliver, Bob Ragland, Sally Broff and the many SCORE Mentors that volunteered. SBA Deputy Director, Michael Sovacool, Economic Development Specialist, Jamye Pritchett Solorzano and Program Support Assistant, Wendy Antonetti.


Don't know where to start with your Economic Injury Disaster Loan Application?

Womens Business Center

 

The Women's Business Center of San Diego & Imperial County has created a webinar to assist small business owners step by step on how to apply for the Economic Injury Disaster Loan. 

Learn more

Also see WBC COVID-19 Resources


FTC

 

New toolkit for retailers to help stop gift card scams

By Lesley Fair

In many ways, gift cards ushered in a win-win era. Better gift-giving (and getting) for consumers and increased sales for retailers. But leave it to scammers to try to mess up a good thing. According to an FTC Data Spotlight, gift cards are now the top method of payment favored by many fraudsters. For years, the FTC has warned consumers about gift card grifters. Now there’s a new Stop Gift Card Scams Toolkit to help retailers do their part to prevent this form of fraud.

Read more


SHINE ON

How to Market in Times of Uncertainty

Shine On Event

 

The Women's Business Center of San Diego and SCORE invite you to have fun, get inspiration, and marketing tools to start off the New Year. AND you’ll get to know others in the small business community!

Friday, Jan. 15 • 8:30am–10:30am

Register at sandiego.score.org
http://bit.ly/shine-on-pam-c


SBA Small Business Resource Guide Now Online

SDO RG

 

We are excited to announce that our "Small Business Resource Guide for San Diego and Imperial Counties" is now available to view and download. The Guide provides an overview of SBA programs and services, local SBA resource partners, and general guidelines and contacts for starting a business in San Diego and Imperial Counties. View it at: 2020 San Diego Resource Guide


Additional Information


Need Help?

Request assistance from our local resource partner organizations:

For assistance with government contracting and certification:

Click Here to Find SBA Resource Partners Near You


Small Business Training Calendar Links

The SBA and its resource partner organizations offer many workshops and training events, for entrepreneurs and small business owners, on an on-going basis. Please take a moment to review our upcoming events now, and bookmark the sites listed below for future reference. We look forward to seeing you at one or more of our future events.

SBA Calendar

SCORE San Diego

SBDC San Diego and Imperial Valley Network

San Diego & Imperial Women's Business Center

SOCAL Veterans Business Outreach Center

Procurement Technical Assistance Center


SBA National News

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Articles, photos, events, and linked information included in this newsletter are for informational purposes only and do not indicate an endorsement by SBA of the views, opinions, products or services of any person or entity. SBA is not responsible for and does not endorse information posted on or linked from third party websites. All SBA programs and services are extended to the public on a nondiscriminatory basis.


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