The Florida SBDC Network, the state’s principal provider of small business assistance, urges small business owners to prepare for the 2021 Atlantic hurricane season, which began yesterday, June 1, and extends through November. According to a forecast by the National Oceanic and Atmospheric Administration (NOAA), the 2021 Atlantic hurricane season is predicted […]
Disaster Preparedness
Florida SBDC at FIU Business posts record level of assistance for small businesses to recover and thrive
The Florida SBDC at FIU Business (FSBDC) has increased its support to the small business community in Miami-Dade and Monroe Counties, getting funds into business owners’ hands, developing strategies for recovery from the impact of COVID-19, and setting the stage for growth. Since January, the organization has secured $9.9 million in contracts […]
Axis Helps Miami launches new resources for small businesses
Axis Helps Miami, a one-stop-shop connecting small business owners with the resources they need during COVID-19 and beyond, has a new look – and new resources. Launched at the beginning of the pandemic as an information hub, AxisHelps.org. now offers extensive opportunities – from grants to loans and technical assistance […]
COVID relief: SBA opens portal for Restaurant Revitalization Fund applications
The Small Business Administration kicked off its Restaurant Revitalization Fund grant program this week. On day one, Monday, it delivered more than $2 billion in grants to more than 16,000 applicants. The SBA said approved grant recipients could see the money in their accounts are early as the next day. […]
PPP exhausts its funding, except through CDFIs
The U.S. Small Business Administration announced today that the Paycheck Protection Program (PPP) has exhausted core funding after a year in operation and serving more than 8 million businesses. The SBA will continue funding outstanding approved PPP applications but new qualifying applications will only be funded through Community Development Financial Institutions (CDFIs) […]
COVID relief: New low-interest loan program available
COVID relief: New low-interest loan program available Here is another resource for small businesses on the road to pandemic recovery. Small businesses and nonprofits with fewer than 50 empoyees in Florida can apply to the recently launched Southern Opportunity and Resilience Fund for the lesser of $100,000 or 100% of […]
FSBDC at FIU helps Creativo Dance Studio make the right moves toward full recovery
Daysi Cepeda never thought about closing her Creativo Dance Studio before 2020, when the pandemic shook her to her core. Since 2002, Cepeda had been teaching young students dance in her studio locations, watching them blossom into happy, self-confident girls and boys. She adjusted the programming over the years and […]
COVID-19 RESOURCES: Everything you need to know in one place
Here is an excellent roundup of resources related to the Covid-19 pandemic from Florida SBDC at FIU. Like you, we have been following developments with the Coronavirus (COVID-19). For the benefit of our clients, partners and friends, below please find updated information on COVID-19-related resources. COVID-19 Small Business Disaster Assistance […]
COVID relief: SBA to distribute $5 billion in grants to hardest-hit small businesses
This just in: The SBA will begin distributing $5 billion in additional grants to small businesses hardest hit by the pandemic. The “Supplemental Targeted Advances” will go to 1 million eligible small businesses, which the SBA will begin contacting over the coming weeks. Even businesses that already received EIDL grants […]
Just 35% of Florida small businesses can maintain payroll without additional PPP, Goldman Sachs survey says
While America’s Main Street businesses are reopening as the vaccine rollout makes serious headway, small businesses are still very worried about maintaining payroll through the summer without additional relief, says a new national survey of small business owners called Goldman Sachs 10,000 Small Businesses Voices. Its part of a series […]