SBA News: Small Biz Tax Credit Training, Accelerator and SBIR Catalyst Funding Opportunity and More

Having trouble viewing this email? View it as a Web page.

Minnesota District Office

u s small business administration

Employee Tax Credit Webinar Image

Employee Retention Tax Credit Training with the IRS

June 30, 9 a.m.

During this webinar, you’ll learn from IRS's Kathleen Fox about the Employee Retention Credit. This program offers a credit on employment taxes to business owners who participate.

Businesses that received PPP loans in 2020 or 2021 can still claim the ERC. While wages used to apply for PPP loan forgiveness cannot also be claimed as ERC wages, remaining wages may be eligible for the credit.

We will cover:

  • Employee Retention Credit
  • Eligibility for Businesses
  • How it works
  • Credit amounts and timeline
  • Claiming the credit

Register Now


Growth Accelerator Fund Competition, SBIR Catalyst to Award over $5 Million

SBA will award $5 million in prizes via its 6th Annual Growth Accelerator Fund Competition. The program will recognize the nation’s most innovative organizations with inclusive approaches towards supporting entrepreneurs in research and development (R&D)

Track 1-The Growth Accelerator Fund Competition (GAFC): Prizes of $50,000 will be awarded to accelerators, incubators, and related entrepreneur programs proposing impactful assistance to STEM (Science Technology Engineering Math)/R&D entrepreneurs whose projects focus on assisting  targeted groups and supporting key policy initiatives.

NEW: Track 2- SBIR Catalyst: For the first time, seven additional prizes of $150,000 will be awarded through SBIR Catalyst to scale collaborative partnerships and build regional collaborations in support of SBIR/STTR (Small Business Technology Transfer) applicants and awardees, fulfilling SBA’s mission of addressing gaps in access to the innovation economy for communities of color, women entrepreneurs, and rural communities.

Applications are due July 9

Read the full announcement.


LGBT Webinar on June 24 at 1 pm EDT

Elevating Small Business Series - LGBTQ+ Focused

Join the SBA on June 24 at 1:00 p.m. EDT for a national online panel discussion with Lesbian, Gay, Bisexual, and Transgender-owned small businesses as they share their small business stories and how they used SBA’s economic aid to pivot during the pandemic.

You also will learn about SBA resources available to help entrepreneurs compete in the marketplace: launch or expand businesses; receive counseling; funding opportunities; and help to recover or rebuild from disasters. .

Panelists include:

  • Christopher Diebel, owner, Bubba Southern Comforts, Des Moines, Iowa
  • John Pepe, co-owner, Chez Est, Hartford, Conn.
  • Tina Reynolds, president, Uptown Studios, Sacramento, Calif.
  • Kelly Wilson, owner/co-founder, Weave Gotcha Covered, Kansas City, Missouri

Register

And don't forget about our event with Minnesota-based resources and businesses on the 23rd! 

  • Grow Your LGBTQ+ Small Business with SBA Programs and LGBTBE Certification
    June 23, 12 p.m.; Register

Small business conference june 29/30

HHS's Small Business National Conference

June 29 & 30, 9 a.m. to 5 p.m. ET

The U.S. Department of Health and Human Services National Small Business Conference is coming soon. HHS spent over $40 billion in contracts last year and the conference will provide virtual webinars, panel discussions and workshops to help you learn more about those opportunities for your small business.   

Learn More


Additional 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:

  • Employee Retention Tax Credit Training with the IRS
    June 30, 9 a.m.; Register Now
  • COVID Relief Office Hours
    June 30, 2 p.m.; Register
  • Veteran's Resource Brief
    July 9, 10 a.m.; Register

local assistance, resource partners, coronavirus, get free virtual counseling, mentoring, and training

SBA Resource Partner Trainings

  • Social Media Overview & Strategy (SCORE)
    June 22; Learn More
  • Plan & Protect: Business lendability and protect from financial fraud (SCORE)
    June 22; Learn More
  • What's My Business Worth? (SCORE)
    June 22; Learn More  
  • Improve Workplace Productivity with 5S (NDC)
    June 22; Learn More
  • Insurance Options for Small Businesses (SCORE)
    June 23; Learn More

  • Small Business Insurance – Are You Covered? (NDC)
    June 24; Learn More

  •  Grow Your Business with Video & YouTube (SCORE)
    June 24; Learn More
  • Increase Your Work-Life Balance (SCORE)
    June 29; Learn More
  • Business Recycling Grant (NDC) 
    June 29; Learn More
  • Scale Smart: Where to Start (SCORE)
    June 29; Learn More

  • Business Development Essentials (SCORE)
    July 6; Learn More
  • Starting a Food Business 101 (SCORE)
    July 6; Learn More
  • Franchising Basics (SCORE)
    July 7; Learn More
  • Accounting 101: Using Quickbooks Online (SCORE)
    July 8; Learn More
  • Understanding Google Analytics To Grow Your Business (SCORE)
    July 13; Learn More

  • Finders Keepers: What You Can Do to Find and Keep Employees (SBDC)
    July 14; Learn More

Stay Updated

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

If this newsletter was forwarded to you, sign up to get it directly via  sba.gov/updates. Be sure to add your MN zip code to receive this Minnesota-specific information.

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