SBA Quarterly Update & Upcoming Trainings

New Hampshire District Office - May 3, 2021

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RRF

RRF Application Portal Opens at 12:00 Today

SBA will begin accepting applications via the application portal noon EDT today, May 3. The application portal will remain open to any eligible establishment until all funds are exhausted.

In preparation, qualifying applicants should familiarize themselves with the application process in advance to ensure a smooth and efficient application.

Register for an account in advance at restaurants.sba.gov. If working with Square or Toast, registration is not required.

Review the sample application, updated program guide and cross-program eligibility chart about SBA COVID-19 relief options. 

For more information, visit sba.gov/restaurants


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SBA Quarterly Update

New Hampshire District Office Quarterly Report for January-March 2021

The second quarter of FY 2021 continues to be a busy time for SBA programs and services. We worked hand in hand with our participating lenders to assist small businesses with the re-opening of the Paycheck Protection Program (PPP) on Jan. 11th and providing debt relief on certain SBA regular backed loans. While much of the focus is on disaster relief and recovery, we also saw steady volume in our core lending programs where guaranty fee relief and lender incentives are helping small businesses utilize new loans for capital.  Our staff also engaged in non-disaster relief activities as we recognized small business owners and other community leaders in our Celebration of Black History Month in February and our Women’s History Month in March.  We ended quarter two on a high note, with the announcement of a new Administrator. Isabella Casillas Guzman the 27th SBA Administrator will lead the agency in helping the Nation’s more than 30 million small businesses.  Our resource partners continue assisting many business owners through recovery and growth.  The NH Small Business Development Center (NH SBDC) and UNH Extension created a Resiliency Academy to help businesses and community leaders develop their own individualized resiliency plans. SCORE (Merrimack Valley) was honored with 2020 Chapter of the Year Award for their outstanding performance, exceptional growth by providing entrepreneurs a wide range of workshops and for their excellent mentoring. The Center for Women and Enterprise (CWE) was busy with ongoing series of workshops on ‘QuickBooks and Budgeting. With the help and support of our partners collectively we are helping many small businesses navigate programs and resources through the recovery and beyond.  Looking forward to quarter three of FY 21, with the launch the Restaurant Revitalization Fund (RRF), Shuttered Venue Operators Grant (SVOG) and the Targeted EIDL Advance Programs.                              Read Entire Report Here


BEWARE OF FRAUD and How to REPORT IT!

Alert Summary:

The Small Business Administration recently launched two new programs, Shuttered Venue Operators Grant (SVOG) and Restaurant Revitalization Fund (RRF). These programs provide economic aid to hard-hit small businesses, nonprofits, venues, and restaurants. Bad actors may take this opportunity to impersonate lenders or government officials in emails, robocalls, social media accounts, and phony websites. Their goal is to attract victims and commit fraud, scams, and schemes.  The result is financial or personally identifiable information (PII) loss for the victims. (Figure #1 - Sample of Facebook Account Impersonating the SBA Restaurant Revitalization Fund).

For more information regarding these programs, please visit the SBA website below. If you see this or similar activity, immediately report the activity to SPAM@sba.gov . NOTE: Contacting individual staff members for service/support may result in a delayed response.

Sourcehttps://www.sba.gov/funding-programs/loans/covid-19-relief-options/cross-program-eligibility-sba-covid-19-relief-options

 Report ID theft and fraud (sba.gov)


Upcoming Webinars


May Events and Happenings 2021

May 3rd - Monday

Intellectual Property 101 - 1:00pm – NH Small Business Development Center

Restaurant Revitalization Fund (RRF) - 1:00pm – Center for Women and Enterprise (CWE)

Digital Marketing Essentials I: Websites & SEO - 6:00pm - SCORE

Restaurant Revitalization Fund (RRF) hosted by Mt. Washington Valley - 9:00am - SBA Participating

May 4th – Tuesday

RRF Overview 1:00 - SCORE

May 5th - Wednesday

SBA Webinar Wednesday  9:00am – SBA Sponsored

Small Business & Community Resiliency Academy 9:00am – NH Small Business Development Center

Restaurant Revitalization Fund (RRF) hosted by NH Winery Association  - 9:00am - SBA Participating

Goldman Sachs 10,000 Small Business Program 2:00pm - SCORE

Restaurant Revitalization Fund (RRF) hosted by Upper Valley (UVBA) - 2:00pm - SBA Participating

May 6th - Thursday

Monthly Workshop on SBA Programs & Services at Secretary of State - 9:00am - SBA Sponsored

Business Plan Basics - 11:00am – Center for Women and Enterprise (CWE)

COVID-19 Bi-Weekly Business Technical Assistance Check-in- Is your ... -12:00pm - Center for Women and Enterprise (CWE)

Managing Cybersecurity Threats with the Data Assured Program - 1:00pm – NH Small Business Development Center

May 7th - Friday

Get Noticed! Optimize Your Website Through SEO - 9:00am - Center for Women and Enterprise (CWE)

Restaurant Revitalization Fund (RRF) -10:00am - NH Small Business Development Center

Restaurant Revitalization Fund (RRF) Hosted by Town of Derry - 1:00pm - SBA Participating

Google Tools for Productivity - 2:00pm - SCORE

May 10th - Monday

Creating Eye Popping Graphics - 10:30am - SCORE

Is Entrepreneurship Right for You? -  4:00pm - Center for Women and Enterprise (CWE)

May 11th - Tuesday

Podcasting Basics: Tune in and Communicate! - 2:00pm - SCORE

 May 12th - Wednesday

SBA Webinar Wednesday - 9:00am - SBA Sponsored

Business Finance for Beginners (SCORE Finance 1) - 12:00pm - SCORE

Money Under the Moonlight Series: Small Business Retirement Plans, ... - 10:00pm - Center for Women and Enterprise (CWE)

May 14th - Friday

Effective Email and Newsletter Marketing - 10:00am - SCORE

May 17th - Monday

Exploring Small Business Administration (SBA) Resources - 11:00am - Center for Women and Enterprise (CWE)

U.S. Patent and Trademark Office Resources for Entrepreneurs - 1:00pm – NH Small Business Development Center

May 18th - Tuesday

Grow with Google: Make Your Website Work for You - 10:00am – NH Small Business Development Center

May 19th - Wednesday

SBA Webinar Wednesday - 9:00am - SBA Sponsored

Small Business & Community Resiliency Academy - 9:00am – NH Small Business Development Center

May 20th - Thursday

Biweekly Business Technical Assistance Check-in -Greasing the ... - 12:00pm - Center for Women and Enterprise (CWE)

How to Use Zoom to Create Raving Clients During the Pandemic - 5:00pm - Center for Women and Enterprise (CWE)

May 21st - Friday

Do Everything YOU Want To Do—Time Management and Organization - 2:00pm - SCORE

May 24th - Monday

Steps to Start a Business - 5:00pm - Center for Women and Enterprise (CWE)

May 26th - Wednesday

SBA Webinar Wednesday - 9:00am - SBA Sponsored

Video Marketing for Beginners - 2:00pm - SCORE

COVID-19: Intellectual Property Basics: What Entrepreneurs Need to ... - 5:15pm - Center for Women and Enterprise (CWE)

May 28th - Friday

Building a Media Kit - 10:00am - SCORE

Download the PDF HERE


Sign up TODAY!

Government Contracting Matchmaker

Register now for the first-ever Virtual NH Small Business Matchmaker! We are excited to create this opportunity for NH small businesses and exhibitors (federal, state agencies, and prime contractors) to meet.

May 10th - May 14th

 SMALL BUSINESSES REGISTER HERE

Exhibitors:  please register here.


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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