SBA News: Targeted EIDL Advance grant tool plus upcoming trainings

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Minnesota District Office

u s small business administration

Targeted EIDL Advance Low-Income Community Mapping Tool

map

Are you looking to determine if your business is in a low-income community and you’re potentially eligible for a Targeted EIDL Advance grant?

A new mapping tool is available to help you determine if your business is in a low-income community, which is a requirement to qualify for a Targeted EIDL Advance. Check the tool to see if your business address meets the low-income community eligibility requirement before applying.

As a reminder, the SBA is reaching out to potential applicants to determine eligibility, so no action is needed on your part until you receive an email from the SBA.  Learn more here and visit the updated FAQs for more information. To help businesses determine if they are located in a “low-income community” and potentially eligible for the Targeted EIDL Advance, SBA is making available a mapping tool.


Black History Month Slide

The State of Black-Owned Business

The State of Black-owned Business: Factors Needed to Drive Explosive Growth

Feb. 25, from 10 to 11:30 a.m.

February is Black History Month, and the SBA is looking to the future while honoring the past. Join the Minnesota District Office, St. Paul Mayor Melvin Carter, Sharon Smith-Akisanya, Nneka Constantino, Tabitha Montgomery and Anisha Murphy for a discussion on how we can move the needle and create more opportunities for explosive business growth within the Black community.   

If you’re a Black business owner or ally, this roundtable is for you.

Register Now


webinar: resources for small businesses or small business

Additional Upcoming SBA Trainings

The SBA Minnesota District Office is hosting training webinars to provide SBA COVID-19 funding options and general technical assistance to help entrepreneurs and small business owners start, grow, expand, and recover. 

To learn more and register today, visit the links below:

  • COVID-19 Economic Relief Overview
    Feb. 24, March 3, 4:30 p.m.; Register
  • Almorzar y Aprender: 21 Preguntas para comenzar su plan de negocio
    Feb. 24, 12 p.m.; Register
  • GO: Find additional small business support and educational resources (SBA Business Smart Series)
    Feb. 25, 1 p.m.; Register
  • The State of Black-owned Business: Factors Needed to Drive Explosive Growth
    Feb. 25, 10 a.m.; Register
  • Economic Injury Disaster Loan (EIDL) Facts and the Reconsideration Process
    Feb. 25, March 4, Times Vary; Register
  • Construction Contract Vehicles (with PTAC)
    March 2, 9 a.m.; Register
  • Navigating PPP Forgiveness 
    March 3, 1 p.m.; Register
  • Veteran's Resource Brief
    March 5, 10 a.m.; Register

SBA Resource Partner Trainings

  • Understanding Google Analytics To Grow Your Business (SCORE)
    Feb. 23, 2 p.m.; Register

  • Process Mapping: How to ... for the Unfamiliar (SCORE)
    Feb. 23, 2 p.m.; Register
  • ND WBC: Covid help at your fingertips! (SBDC)
    Feb. 23, 3:30 p.m.; Register
  • Employment Law Updates Impacting Employers (Entrepreneur Fund)
    Feb. 24, 1 p.m.; Register 
  • Break Even Calculation and Determining Correct Product Sales Markup (SBDC)
    Feb 24, 12 p.m.; Register

  • Leveraging Multi-Agency SBIR/STTR Funding for Product Development (MN SBIR)
    Feb. 24, 1 p.m.; Register

  • Master Your Virtual Presence for Impact (SCORE)
    Feb. 24, 12 p.m.; Register
  • Marketing on a Small Budget (SBDC)
    March 9, 3:30 p.m.; Register
  • Exploring Federal Contracting - The Basics (MN PTAC)
    March 9, 9 a.m.; Register
  • Women Veteran's Business Support Group (VBOC)
    March 11, 1 p.m.; https://us02web.zoom.us/meeting/register/tZIofu-urDsvHNRsi2_Z3oyboAvg2Cf-6U2K
  • National Science Foundation SBIR/STTR Information Session (MN SBIR)
    April 6; More info
  • National Institute of Health SBIR/STTR Info Session (MN SBIR)
    April 8; More info
  • Department of Defense SBIR/STTR Info Session (MN SBIR)
    May 5; More info

Stay Updated

For more on SBA programs for the coronavirus, please visit www.sba.gov/coronavirus.

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Join us on Twitter (@SBA_Minnesota) for information as it becomes available too.