SBA Nebraska District Office Newsletter - Your Small Business Connection

Nebraska District Office  - June 2022

Your Small Business Connection

Vol 11

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BREAKING NEWS

SBA Ascent Platform Adds 4 New Online Learning Modules

Ascent logo

SBA's Ascent is a free online learning platform designed to help women entrepreneurs grow and scale their businesses. It's a multi-media approach to online learning, featuring videos, worksheets, infographics, insights and more - and it just grew even bigger! We've added four additional modules this summer:

Government Contracting: Learn about the various government contracting opportunities suited to your business and how to prepare to pursue them.

Partnerships: Learn how and why to seek out and maintain partnerships that drive business growth.

Entrepreneurial Leadership: Learn how to position your business for growth by building and refining your leadership skills.

Managing Sales: Learn how to develop strategies that build and strengthen your sales process and sales team.

Create your free account and start learning today! 


Join SCORE and NBDC for the Latino Small Business Conference This Summer!

Coming to a Nebraska city near you this summer - it's the Latino Small Business Conference! SBA partners SCORE and the Nebraska Business Development Center (NBDC), and SBA microlender Nebraska Enterprise Fund have joined forces to present this free conference held in three locations in Nebraska. The Conference provides an excellent opportunity to develop new relationships with peers, business owners, entrepreneurs, potential partners, and new customers. Lunch is provided. Conference is held in Spanish.

July 23 - Grand Island

July 30 - Omaha

August 6 - Norfolk

Register today! For questions, please contact Juan Sandoval with NBDC at 402-990-0151.


Lenders' Lounge

SBA's Community Advantage Loan Pilot Program extended to 2024

In late Marsh, SBA Administrator Isabel Guzman announced impactful reforms to the agency’s Community Advantage (CA) loan program, a key SBA tool for Community Development Financial Institutions (CDFIs), Community Development Companies (CDCs), microlenders and other critical mission-based lending partners, that prioritizes equitable access to capital for low-income borrowers and those from underserved communities.

“America’s mission-driven lenders have been a critical partner to the SBA in getting much-needed financial relief to underserved businesses throughout the COVID pandemic. Scaling the SBA’s Community Advantage pilot program will help us build on that momentum, create a broader distribution network and better ensure the opportunities of our nation’s accelerating recovery are accessible to more entrepreneurs pursuing their American dreams of starting and growing a successful business,” said Administrator Guzman. “The Community Advantage pilot expansion and reforms reflect the central role that President Biden and Vice President Harris have given to building equity across this Administration and removing historic inequities and barriers that have limited economic growth for all. My thanks to Vice President Harris, a longtime champion for Community Development Financial Institutions and other mission-driven lenders, for supporting this important change and helping to improve access to capital for more American entrepreneurs.”

Updates include extending the program through September 30, 2024, increasing the maximum loan size to $350,000 and removing the restrictions that can keep individuals with criminal backgrounds from accessing the CA program.  For more information on the additional changes announced in March, please click here.


Contracting Corner

SBA NE District Office Welcomes New Staff Member

We are excited to welcome April Hibbler to the SBA Nebraska family this quarter! April joined us in May as a Business Development Specialist in the SBA’s 8 (a)Business Development Program in Nebraska.

April has dedicated her career to serving people from marginalized groups through economic integration and by combating economic injustice. She has successfully implemented and managed small and large scale economic and business development projects and consulting engagements in the US and Nigeria, for USAID and other public and private organizations interested in using their products and services to solve economic development problems. 

April holds a Master of Laws (LLM) in global antitrust law and economics from George Mason University, a juris doctor (JD) from Southern University Law Center, a Master of Business Administration (MBA) in international strategic management from Middlebury Institute of International Studies at Monterey, and a Bachelor of Business Administration (BBA) in international business and finance from the University of Memphis. 

April values small businesses and is honored for the opportunity to use her educational and professional experience to serve small businesses interested in doing business with the federal government by helping them to navigate the process and succeed. 

Questions about government contracting? Email us for information, or click here


Looking for Data on the EIDL Loan Program?

eidl

Curious about state by state data for SBA COVID Economic Injury Disaster Loans? Looking for info on the Targeted and Supplemental Grant programs? The SBA has all that data in once place! Check out this website for reports, data and more!   

COVID EIDL Portal Closes June 30

COVID EIDL borrowers must download any documents they wish to save out of the EIDL application portal on or before June 30th. Access to this portal will be terminated on that date.

Borrowers will always have the option of contacting the SBA Servicing Center assigned to their loans for questions, servicing actions and requests for documents. 


Marketing Minute

Did you know TikTok was one of the most downloaded apps in 2021? Which leads to the next question - are you marketing your small business on TikTok? Love it or hate it - there's a good chance your customers are on it!  Check out this post from SCORE on why you should be too!