SBA Celebrates National Hispanic Heritage Month
Happy #HispanicHeritageMonth! SBA celebrates the impact Hispanic entrepreneurs have had on the U.S. economy. According to the State of Latino Entrepreneurship 2020 report from the Stanford Latino Entrepreneurship Initiative:
- Latinos are starting businesses at a faster rate than the national average across almost all industries.
- Before the pandemic, Hispanic-owned employer businesses generated nearly $500 billion in annual revenue and employed 3.4 million people.
SBA's Office of Women's Business Ownership recognized American Business Women's Day
SBA’s Office of Women’s Business Ownership empowers women entrepreneurs through advocacy, outreach, education and more. #AmericanBusinessWomensDay
SBA Announces Awardees for Two New Women’s Business Centers in Puerto Rico
On September 13, SBA announced two Women’s Business Centers in Puerto Rico, hosted by Ana G. Méndez University, Gurabo Campus (UAGM-Gurabo) and Friends of Puerto Rico. The two new Women's Business Centers, along with the existing Puerto Rico Women's Business Center, Centro Empresarial para la Mujer, hosted by the Sila M. Calderón Foundation and the Center for Puerto Rico, will increase opportunities and recovery solutions for women entrepreneurs throughout the Island.
SBA Administrator Isabel Guzman, along with Natalie Cofield, Assistant Administrator for the Office of Women’s Business Ownership, visited with former Governor Sila M. Calderón, founder of Sila M. Calderón Foundation and Center of Puerto Rico, host for the Women's Business Center, Centro Empresarial para la Mujer.
National Small Business Week Virtual Summit- Watch the Video Recordings On Demand
All of the recorded webinars from the National Small Business Week Virtual Summit are now available. The Summit featured webinars and panel discussions on trends within the workforce, women's capital access, eCommerce and best practices for small businesses. The event also featured guest speakers like Jennifer Lopez, Mark Cuban, José Andrés and others.
SBA's Office of Advocacy Annual State Profiles for Each State's Small Business
SBA's Office of Advocacy provides a snapshot of each state’s small businesses. The profiles gather the latest federal economic data into state-by-state snapshots of small business health and economic activity.
This year’s profiles focus on state small business dynamics and employment, including questions like:
- How many small businesses are in my state?
- How many people do small businesses employ?
- How many jobs do they create?
- How many establishments opened and closed?
- What demographic groups own the smallest businesses?
- How much do small businesses export?
Businesses Rely on Census Bureau Statistics for Economic Development
The United States Census Bureau statistics help small business owners make sound decisions by identifying potential customers and locating the competition.
Trade associations, chambers of commerce, and businesses rely on this information for economic development, business decisions, and strategic planning.
Read about four real-life examples and discover useful tools to help your businesses and organizations make sound decisions.
1. Opening a New Small Business – A Bike Shop in Portland, Oregon
2. Re-evaluating an Existing Larger Business – A Utility Truck Manufacturer
3. Promoting Economic Development – A Government Grant Writer in Ohio
4. Emergency Response - Emergency Management Officials in South Florida
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Through the SBA's Microloan Program, small businesses and certain nonprofits can borrow up to $50,000 for startup and expansion costs. The average microloan is about $13,000. Learn more about the program and how to apply for a microloan.
Eligible businesses that allow employees to get a COVID-19 vaccine can receive a tax credit. Partner with a vaccine provider to host an on-site vaccination clinic. | Find a vaccine provider.
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