SBA San Antonio District Office Newsletter | February 2021

u s small business administration
Black History Month

 

In recognition of Black History Month, the SBA San Antonio District Office recognizes San Antonio business owner Timothy Porter of Appddiction Studio.

According to the U.S. Census Bureau, there are 2.6 million black-owned businesses in the U.S. – businesses like Appddiction Studio, whose owner, Timothy Porter, was named SBA’s 2020 National Small Business Person of the Year.

Timothy started his business in 2011 with help from his local Procurement Technical Assistance Center (PTAC) and has since established Appddiction as the go-to small business to support enterprise transformations for Department of Defense clients.

Learn how SBA is helping Black-owned businesses recover and grow in 2021 and beyond.

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SBA Emerging Leaders Initiative

 

Are you ready to take your business to the next level? 

 

EL 3

The SBA San Antonio District Office is now accepting applications for the 2021 Emerging Leaders Initiative. This intensive executive-level series is intended to accelerate the growth of high-potential small businesses and provides business owners with the tools needed to take their business to the next level. 

Applicants must meet the following eligibility requirements:

  • Have annual revenues of at least $250,000
  • Have been in business for at least 3 years
  • Have at least one employee, other than self
  • Participant must be a key decision maker within the company such as the CEO, COO, CFO, Owner, or President.

Applications must be received by March 15, 2021. Business owners meeting the eligibility requirements will be contacted for an interview. The start date for this cohort is scheduled for April (date TBD). Classes will be held virtually. The only cost is your time and commitment to complete the curriculum over the course of 7 months.  

Register Here


Tax Season

Get up-to-date information on COVID-19 tax and filing requirements and benefits below.

Interested, but not sure where to start? Connect with a local business advisor or mentor.


Compare pandemic relief program eligibility with this handy matrix.

matrix

If you haven't already, be sure to follow us on Twitter! @SBA_SanAntonio 


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Prepare for emergencies

Disasters can take many forms and the financial cost of rebuilding after a disaster can be overwhelming. You’ll be in a better position to recover and continue operations should disaster strike. You may be eligible for a low-interest disaster recovery loan through the SBA for damaged and destroyed assets in a declared disaster. These include repair and replacement costs for real estate, personal property, machinery, equipment, inventory, and business assets.   

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Develop Your Export Plan

It may be easier than you think to expand your market. Even small businesses can reap the advantages of exporting with help from mentors and modern technology. SBA’s District Offices and local Resource partners deliver SBA programs and services nationwide. Contact a local business counseling center to make an appointment for personalized one-on-one assistance with your small business plans and training. 

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Employee Retention Strategies

Attracting top talent to your company and then keeping that talent once you've got it, is crucial to your business's growth and reputation. Employee retention and motivation are interdependent and directly correlated. This means a good employee retention rate will reduce operational costs, allow you to outperform your direct competitors, build morale, and improve your customer service levels.

                                        Read More


Let us hear from you!

 

Do you have three minutes?Take SBA’s Customer Experience Feedback Survey to help us better serve you. Your feed back is valuable and will help us better determine how we can improve our services. This survey is intended for current and prospective small business owners who have interacted with an SBA office. All responses are anonymous. Thank you in advance for your time.

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Tools and Resources