SBA August Calendar l National Small Business Week 2021 Virtual Summit Announced September 13-15

Massachusetts District Office - August 2021

u s small business administration

August Education Calendar

Illustration of an SBA building with a banner that says 68 years. The text reads, supporting small businesses for nearly 7 decades.

News Release: National Small Business Week 2021 Virtual Summit Announced September 13-15

SBA to Host Three-Day Live Summit of Learning and Online Education Sessions for Small Businesses

WASHINGTON – The U.S. Small Business Administration has announced its 2021 National Small Business Week Virtual Summit for September 13-15, 2021. This year’s events will spotlight the resilience of America’s entrepreneurs and the renewal of the small business economy as they build back better from the economic crisis brought on by a once-in-a-lifetime pandemic. The virtual summit will honor the nation’s 30 million small businesses for their perseverance, ingenuity, triumphs, and creativity.   

SBA Administrator Isabella Casillas Guzman announced National Small Business Week in a video message. “As the voice for America’s 30 million small businesses and innovative startups, it’s my pleasure to announce the SBA’s annual National Small Business Week Summit,” said Administrator Guzman. “Over the last 16 months, we have seen the incredible determination and ingenuity of small businesses across the nation.  During NSBW, we will honor and celebrate their impact on our economy and strengthening of communities as we look towards recovery. NSBW is the perfect time for small businesses across the nation to network and learn about the many services and programs at the U.S. Small Business Administration, including our no-cost business counseling and mentoring opportunities available via our district offices and resource partners. We look forward to celebrating with you as we rebuild our economy and help our small businesses build back better.”

This year’s National Small Business Week activities will take place in a virtual atrium and will include numerous educational panels providing retooling and innovative practices for entrepreneurs as small businesses look to pivot and recover toward a stronger economy.

The SBA, along with our summit partner SCORE — the nation's largest network of volunteer, expert business mentors — will share important information about the many programs and services available to help businesses start and grow, build resilience and support, retain employees, discover new markets, and join key networks.

The National Small Business Week Virtual Summit will also include representatives from Fortune 500 companies who will discuss their paths to success and share resources to help businesses on their entrepreneurial journey. Highlights of the summit will include virtual booths to develop one-on-one connections with public and private sector partners to create opportunities for collaboration and information-sharing in real-time.  In addition, small business participants can learn more about new business strategies, meet other business owners, and talk with industry experts. Speakers will be announced at a later date.

To register for the National Small Business Week Virtual Summit and to learn more, please visit http://www.sba.gov/NSBW.


8/24 Calling All Veterans!

B2B

 

Tuesday, August 24th / 8:00am - 4:00pm

REGISTER

If you are a Veteran and curious about what it takes to start a business, please join us for this one-day virtual workshop. 

Boots to Business (B2B) is an entrepreneurial education and training program offered by the U.S. Small Business Administration (SBA) as part of the Department of Defense Transition Assistance Program (TAP). The course provides an overview of entrepreneurship and applicable business ownership fundamentals. Active Duty Service members (including National Guard and Reserve), Veterans of all eras, and spouses are eligible to participate.

For more information, please reach out to oreste.varela@sba.gov 


VBOCs

Veterans Business Outreach Centers can help #VetBiz owners navigate the federal marketplace and gain access to government contracting opportunities. Learn more: https://bit.ly/Aug21VetBiz2

In addition, please check out these resources by the SBA Office of Veterans Business Development:


UPCOMING Virtual Events

Resilience

Wednesday 8/4/21 / 11:30am - 1:00pm

REGISTER

Join us for an online event exploring examples of recovery and resilience. Hear from local small business counselors and resource providers on strategies for sustainability after Covid.

Lending Partner Panel:

  • Barbara Arena, Vice President, Granite State Development
  • Kathleen Kelly, SVP SBA Relationship Manager, Webster Bank

 

Resource Partners Panel:

  • Rod Clark, SCORE Southeastern MA Certified Mentor and Co-Chair
  • Nancy Gerardi, Regional Director, Massachusetts Small Business Development Center Northeast Regional Office at Salem State University
  • Rosa Taormina, Business Advisor, Massachusetts Small Business Development Center Northeast Regional Office at Salem State University
  • Michelle Miller, Director – Central Massachusetts Women’s Business Center for Women & Enterprise (CWE)

Tuesday 8/3/21 / 12:00pm - 1:00pm
Photos Sell Products: Content That Drives Sales Across Pinterest and Instagram

Wednesday 8/4/21 / 1:00pm - 2:15pm
Cybersecurity Express

Thursday 8/5/21 / 12:00pm - 1:00pm
Drive Sales with Pinterest and Instagram - Part 2

Thursday 8/12/21 / 2:00pm - 4:00pm
Is Your Desk Job Killing Your Golf Score?

Monday 8/16/21 / 12:00pm - 1:00pm
How to Use Social Tools Like Clubhouse TikTok and IGReels to build engagements

Monday 8/16/21 / 12:00pm - 1:00pm
The Effective Elevator Pitch

Tuesday 8/17/21 / 11:00am - 1:00pm
Explore Small Business Administration Resources

Tuesday 8/17/21 / 10:00am - 11:30am
How to Open a Business in Massachusetts Legally

Wednesday 8/18/21 / 8:00am - 9:00am
SCORE AM Nonprofit Chats

Thursday 8/19/21 / 10:00am - 11:30am
Legal Considerations for New Business Owners

Thursday 8/19/21 / 5:00pm - 8:00pm
SCORE 7th Annual Client Networking Event

Monday 8/23/21 / 12:00pm - 1:30pm
Social Media Made Simple

Monday 8/23/21 / 12:00pm - 1:30pm
Finance Without Fear Roundtable: Braving Your Numbers for Better Outcomes

Tuesday 8/24/21 / 11:00am - 12:00pm
Meet the SBA - Invite for Accelerators, Co-working Spaces, & Incubators

Tuesday 8/24/21 / 5:00pm - 6:00pm
How to Rank #1 on Google: Everything You Need to Know!

Thursday 8/26/21 / 6:00pm - 9:00pm
Start Your Own Business

Thursday 8/26/21 / 11:00am - 1:00pm
Steps to Start a Business


8/25 Find out how the SBA can help you win and secure your next contract!

Surety Bonding


Wednesday, August 25th / 11:00am - 12:30pm

REGISTER

Hear from a panel of successful small businesses, resource providers and experts that will provide insights on how to master the government contracting process.

Bob and LaketaGibbs

SMALL BUSINESS PANEL:     

  • Dwight Belyue, DCR Services and Construction Inc.
  • Lilian Radke, Unic Pro, Inc
  • Abraham Gonzalez, One Way Development, Inc.

SURETY PARTNERS PANEL:  

  • Tamara E. Murray, SBA Underwriting Marketing Specialist (Moderator)
  • Devin Moore, President, Moore Surety Bonds Agency
  • Ed Mulcahy, Surety Bond Professional
  • Tonry Insurance Group, Inc.
  • Beth A. Cryderman Moss, CFCM, GWCCM, PTACs of Michigan
  • Stanley T. Grip Jr., MSBDC Procurement Specialist

Government Contracting and Business Development

7J

Training is provided by Stover & Associates, Inc.

7(j) training, provided to eligible firms and their employees, includes very specialized training in the areas of federal contracting. The training will be provided in an online format with live instructors and the ability for students to participate and ask questions. Up to 40 participants per workshop will receive training on how to make "real world" business decisions that will facilitate their firm's success.

REGISTRATION REQUIRED

https://sbaworkshops.stoverteam.com
Click the “Register for Training” button on the left side navigation pane

7J

Fedmap

The U.S. Small Business Administration is offering the Federal Market Acceleration Program (FedMap™) brought to you by SBA’s Office of Business Development through the 7(j) Management and Technical Assistance Program’s 7(j) provider, Coley & Associates.

FedMap is a three-month training program led by a government business development expert that guides companies in the pursuit of a real opportunity with the goal of winning it. The FedMap Growth Program includes these key parts: Training, Coaching, Team Building, Peer support, and real-life pursuit of a contract opportunity. THIS PROGRAM IS COMPLETELY VIRTUAL!

The Federal Market Acceleration Platform (FedMap™) model delivers a holistic approach to helping small businesses quickly gain traction and sustain success as a government contractor. Our FedMap™ model includes the following elements:

  • Peer Advisory Groups
  • Coach guided implementation of lessons learned
  • Online WBT to provide foundations of understanding
  • Virtual Live Group and Coaching meetings
  • Knowledgebase for quick refreshes of knowledge
  • Templates, how-to guides, and case-studies for helping companies implement new knowledge
  • Real-life pursuit of opportunities
    • Capture Planning workbook
    • Templates
  • Online Community support that leverages the knowledge and experience of other small businesses

How is FedMap Different?

Training topics in government contracting do not work nearly as well if they are presented alone without implementation support provided by peers and advisors.

As a FedMap Member, you will be a part of a coach-led cohort of your peers, you will identify a real opportunity and go through the entire process of developing and executing a capture strategy that significantly improves your chances of winning the contract with a targeted agency. You will also meet one-on-one with a coach each month to guide you towards your contract win. Finally, you will have access to the FedMap Growth Platform that includes a Networking Community, Tools & Templates, Supplemental Training, and our online Target software that helps you find new, winnable opportunities to pursue. 

FedMap is not a one topic course training.  The time commitment is three months.

 

Committed to Win?

Are you ready to commit yourself to three months to get a full understanding on learning how the government works, how to target agencies that buy what you sell, how to make yourself more competitive? This commitment also means that you will commit your time and effort toward your success and support of your peers.

If so, apply now at www.fedmap.us/fedmap-sba-sponsorships.  We are accepting applications for cohorts starting in Fiscal Year 2022 (subject to the availability of funds).  This program has been very popular.  Applicants will be assigned in order of eligibility and availability.  Please view the attached marketing flyer as you must apply to be considered for the FedMap Program. Please contact the FedMap Team at 210-834-1503 or at support@fedmap.us for assistance with the application.  This training program is for eligible small businesses nationwide.


PTAC

Govology Webinars

Use the code MA2021 to register for FREE


How Do We Drive Down Overhead?
Date: August 5, 2021 Time: 1:00 p.m. EDT
Instructor: Jenny Clark, Solvability
Click Here to Learn More

Audit Strategies for Government Contractors
Date: August 10, 2021 Time: 1:00 p.m. EDT
Instructor: Robert Jones, Left Brain Professionals
Click Here to Learn More

Submitting Compliant Offers to Government Agencies
Date: August 11, 2021 Time: 1:00 p.m. EDT
Instructor: Carroll Bernard, Govology
Click Here to Learn More

Top 21 Legal Mistakes in Government Contracting
Date: August 12, 2021 Time: 1:00 p.m. EDT
Instructors: Steven Koprince and Nicole Pottroff, Koprince Law, LLC
Click Here to Learn More

For more details, visit Massachusetts PTAC Training Events


News Release: SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal

New portal will streamline applications for loans $150K or less for over 6.5 million businesses

WASHINGTON – The  U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.  
  
“The SBA’s new streamlined application portal will simplify forgiveness for millions of our smallest businesses -- including many sole proprietors -- who used funds from our Paycheck Protection Program loans to survive the pandemic,” said Administrator Isabel Casillas Guzman.  “The vast majority of businesses waiting for forgiveness have loans under $150,000. These entrepreneurs are busy running their businesses and are challenged by an overly complicated forgiveness process. We need to deliver forgiveness more efficiently so they can get back to enlivening our Main Streets, sustaining our neighborhoods and fueling our nation’s economy.”

This new change will help rush relief to over 6.5 million smallest of small businesses which has been the Administrator’s priority since day one. The new forgiveness platform will begin accepting applications from borrowers on August 4th, 2021.  Lenders are required to opt-in to this program through https://directforgiveness.sba.gov. In addition to the technology platform, the SBA is standing up a PPP customer service team to answer questions and directly assist borrowers with their forgiveness applications.  Borrowers that need assistance or have questions should call (877) 552-2692, Monday – Friday, 8 a.m. - 8 p.m. EST.

“This initiative will allow PPP borrowers to put their concerns of achieving full forgiveness behind them and focus on operating and growing their businesses again,” said Patrick Kelley, Associate Administrator for SBA’s Office of Capital Access. “We are pleased to be able to assist financial institutions across the U.S. in processing forgiveness applications for small business owners.” 

Paycheck Protection Program Summary

  • Overall, the SBA and lenders have worked to originate over 11.7 million loans totaling nearly $800 billion in relief to over 8.5 million small businesses.

In 2021:

  • SBA approved over 6.5M loans totaling over $275B
  • The average loan size was ~$42 thousand (compared to $101 thousand in 2020)
  • 96% of loans went to businesses with fewer than 20 employees (compared to just 87% in 2020.)
  • 32% of loans went to businesses in LMI communities (compared to just 24% in 2020)

Direct Forgiveness Summary

  • Over 600 banks have opted in to direct forgiveness, enabling over 2.17mm borrowers to apply through the portal (This represents 30% of loans $150,000 or less that have not yet submitted for forgiveness)

“As one of the leading PPP lenders in the nation, Customers Bank is proud to partner with SBA to deliver responsive digital loan forgiveness service to the small business borrowers,” said Sam Sidhu, President & CEO of the bank.  “The streamlined and efficient SBA PPP loan forgiveness portal will help borrowers and lenders move forward with economic growth and job creation following the pandemic.  We encourage other lenders to join Customers Bank and opt-in to the SBA portal.”

Established by the CARES Act in 2020, the PPP was among the first COVID-19 small business economic aid programs and provided more than $798 billion in economic relief to small businesses and nonprofits across the nation, keeping employees working, and helping businesses come back stronger than ever.  View the Interim Final Rule on PPP Forgiveness.

Other programs include Economic Injury Disaster Loan (EIDL), EIDL Advance, Targeted EIDL Advance, Supplemental EIDL Advance, Restaurant Revitalization Fund, Shuttered Venue Operators Grant, and SBA Debt Relief program. To learn more about these programs, please visit www.sba.gov/relief.   


Cybersecurity Training

Synergy

 

The flyer above AND LINKED HERE describes a sixteen (16) one-hour training modules conducted by Synergy Solutions that break down cybersecurity elements and concepts into easily understandable topical lessons which 7j eligible small businesses can apply immediately to their business practices.  

All web-based courses are FREE and available via Synergy’s secure Learning Management System (https://synergysolutions.talentlms.com/).  Class size is limited to optimize the interactive online sessions that are taught by Federal and industry subject matter experts and students are encouraged to actively participate.   

After 7(j) participants complete all ten (10) Introductory Cybersecurity modules, they are given 30-days access to a secure and confidential Cybersecurity Assessment and Risk Tool.  A synopsis of each training module and the Cybersecurity Assessment and Risk Tool are provided in the attached flyer.

Any questions, please reach out to Nadine.Boone@sba.gov


Office of Investment and Innovation

SBIR/STTR

Train-the-Trainer Sessions

  • SBIR intro training for partners (and SBA offices): next offering starts March 8.  For more information and to register visit www.sbir.gov/ttt.
  • Tibbetts Awards: winners were recently mailed awards, opportunity for local press highlighting SBA’s role in SBIR (ie the firm could send a photo or there could be a photo op with DO).  Let us know if you’d like us to resend the company contact info (technology@sba.gov)


    Sign up for SBA’s SBIR monthly newsletter: http://bit.ly/JoinSBIRList

An Introduction to SBIR/STTR and the Innovation Ecosystem

Jenny Servo
jcservo@dawnbreaker.com(link sends e-mail)

3/8/21 - 4/5/21

Helping First Time SBIR/STTR Awardees

Lyn Barnett
lbarnett@dawnbreaker.com(link sends e-mail)

3/8/21 - 4/28/21

Helping Potential SBIR/STTR Applicants

Pete Hunt
phunt@dawnbreaker.com(link sends e-mail)

3/9/21 - 4/23/21

An Introduction to SBIR/STTR and the Innovation Ecosystem

Jenny Servo
jcservo@dawnbreaker.com(link sends e-mail)

5/4/21 - 6/1/21

Helping First Time SBIR/STTR Awardees

Lyn Barnett
lbarnett@dawnbreaker.com(link sends e-mail)

6/7/21 - 7/28/21

Helping Potential SBIR/STTR Applicants

Pete Hunt
phunt@dawnbreaker.com(link sends e-mail)

6/8/21 - 7/29/21

An Introduction to SBIR/STTR and the Innovation Ecosystem

Pete Hunt
phunt@dawnbreaker.com(link sends e-mail)

8/19/21 - 9/16/21

 


Small Business Resource Guide Massachusetts Edition 2020

Check out our latest Massachusetts Edition 2020 - Small Business Resource Guide now available online!

2020 Resource Guide

WHERE CAN I GET HELP?

Please direct all other inquiries and questions to our District Office email at:

MassachusettsDO@sba.gov

FREE and confidential counseling services are available across the Commonwealth. 

 

Virtual education, training and networking sessions are happening daily.

 

Please schedule a virtual session with any of our Resource Partners below...


Resource Partner Network

How prepared are you to reopen your business? Check it out here

MSBDC

WE ARE OPEN FOR BUSINESS!

Staff are working remotely and can be reached via email or telephone. MSBDC is committed to supporting entrepreneurs during these very challenging times.

Request for Counseling

MSBDC advisors can assist businesses with disaster loan applications.

If you are not currently a client and would like to speak with a counselor, please find your region and reach out to the REGIONAL OFFICE SERVING YOU.

Berkshire Regional Office
33 Dunham Mall, Suite 103
Pittsfield, MA 01201
413-499-0933 | Fax: 413-499-3005
www.msbdc.org/berkshire

Central Regional Office
Clark University
The Carriage House, 125 Woodland Street
Worcester, MA 01610
508-793-7615 | Fax: 508-793-8890
www.clarku.edu/offices/sbdc

Northeast Regional Office  (SPANISH-SPEAKING COUNSELOR)
Salem State University
121 Loring Avenue, Suite 310
Salem, MA 01970
978-542-6343 | Fax: 978-542-6345
www.salemstate.edu/sbdc

Procurement Technical Assistance Center
Scibelli Enterprise Center
1 Federal Street, Building 1
Springfield, MA 01105
413-545-6303 | Fax: 413-737-2312
https://www.massptac.org

Southeast Regional Office
200 Pocasset Street
Fall River, MA 02721
508-673-9783 | Fax: 508-674-1929
www.msbdc.org/semass

Western Regional Office
Scibelli Enterprise Center
One Federal Street, Building 101
Springfield, MA 01105-1160
413-577-1768 | Fax: 413-737-2312
www.msbdc.org/wmass

 


SCORE BOSTON

Request for Counseling

Counseling Sessions with BOSTON SCORE CHAPTER:
If you want to speak with a counselor, SCORE is doing tele-consults. Just pick a date and time to schedule a session and enter your contact info, mentors are doing sessions by phone and Zoom video app. 

Reach out to other SCORE CHAPTERS throughout the state below.

SCORE Boston Chapter

SCORE Worcester Chapter


SCORE Northeastern Massachusetts Chapter


SCORE Southeastern Massachusetts Chapter


SCORE Western Massachusetts Chapter


SCORE Cape Cod Chapter


SCORE Rhode Island (Serving Fall River, New Bedford)

 


CWEWomen's Business Centers

 


Eastern Massachusetts Center - Boston
44 School St., Suite 200
Boston, MA 02108
info.EasternMA@cweonline.org

Central Massachusetts Center - Westborough
69 Milk St., Ste. 217
Westborough, MA 01581
info.CentralMA@cweonline.org

Veterans Business Outreach Center of New England (VBOC of NE)
132 George M. Cohan Blvd.
Providence, RI 02903
info.VBOC@cweonline.org


Email

Disclaimer: The SBA does not endorse the organizations sponsoring linked websites, and does not endorse the views they express or the products/services they offer.  All programs and services are extended to the public on a nondiscriminatory basis.