UPDATE: Since this was published, the SBA released its guidelines March 31 several aspects of the loans have changed. I updated the story and you can find the latest advisory from the SBA and Treasury here. To battle COVID-19’s unprecedented assault on public health and the economy, more federal […]
Finance
COVID-19: Florida small businesses can now apply for SBA Economic Injury Disaster Loans
Florida small businesses that suffer financial losses from the coronavirus pandemic may qualify for up to $2 million in relief from the U.S. Small Business Administration. The SBA announced on Wednesday that small businesses in all 67 counties of Florida adversely impacted by COVID-19 can now apply for disaster loans. For […]
Florida small businesses hurt by COVID-19 can apply now for interest-free bridge loans
Florida Gov. Ron DeSantis activated the Florida Small Business Emergency Bridge Loan Program. What that means: Small businesses that experienced economic injury from COVID-19 can apply for short-term interest free loans up to $50,000. The application period is open now and runs through May 8, 2020. “As we mitigate against […]
For small businesses walloped by coronavirus crisis, SBA announces loan program and state wants to hear from you
UPDATE: Florida Governor Rob DeSantis activates emergency bridge loan program to get interest free short-term loans to small businesses impacted by COVID-19. Read more here. The U.S. Small Business Administration announced today that it will provide small businesses impacted by the novel coronavirus, COVID-19, up to $2 million in […]
12 ways to improve cash flow in 2020
By Jennifer Lobb / Guest Contributor A variety of metrics can determine the health of your business, but few are as indicative of success or failure as negative cash flow, or the net amount of cash that flows in and out of your business. A positive cash flow is essential for […]
6 tools to set your small business up for success in 2020
Editor’s note: New Year, New Start. Growbiz brings you a post about low-cost technology tools aimed at increasing productivity and organization for your small business. By Jennifer Lobb / Guest Contributor Multiple factors contribute to the overall success of a business, and while some of them are directly tied to […]
12 resolutions to set up your small business for success in 2020
It’s been a good year for most small businesses. The economy remains strong, and you all are a relatively optimistic bunch. Still, every business should take the time to look at what went right – and not so well – in the past year and then create a road map […]
Applications now open for StartUP FIU Procurement incubator
This October, StartUP FIU Procurement graduated its first cohort, a group of 11 minority-led small businesses that service the construction industry. The small business incubator was born out of discussions about how information about FIU’s own contracting opportunities weren’t reaching minority-owned small businesses at the levels the university wanted. Turns […]
For niche small businesses willing to work hard, government contracting can open doors
Find a niche where the barriers to entry aren’t too low, become an expert in it, perfect your customer service and then go out and win some lucrative contracts with the government. That’s Craig Waltzer’s formula for success, and it is working. Seven years ago, Waltzer founded GovComm, a boutique […]
Low-interest SBA loans available to Florida small businesses hurt by Dorian
Florida small businesses escaped the physical wrath of Hurricane Dorian, but that doesn’t mean there weren’t economic hits because companies needed to prepare for the storm and close up shop. The U.S. Small Business Administration announced that businesses negatively impacted economically by Dorian between Aug. 28 and Sept. 9 are […]