The Miami Foundation, one of the largest philanthropic institutions in South Florida, announced today that its Miami Open for Business program is accepting loan and grant applications from historically underserved small business owners in Miami-Dade County. Funded with a $20 million grant from Wells Fargo announced earlier this year, the program aims […]
Finance
Need to know: Here is a list of disaster assistance programs and other grant/loan opportunities
A number of programs have been activated to assist businesses impacted by Hurricane Ian. For the benefit of impacted businesses in Miami-Dade and Monroe Counties, see below a list of available resources. Also included in the list are additional grant/loan programs. Please note that these may not be specific to […]
New to government contracting? Here are some keys to success, including a double header of webinars
If you are new to government contracting, Florida SBDC at FIU can help you get started. As a first step, you need to look at whether it makes sense for your business. Does the government buy what you sell? What value are you bringing to them? You need to be […]
The pandemic delivers a powerful punch, but with Florida SBDC at FIU’s help, Old Town Fitness comes back stronger
Step into Old Town Fitness in Key West, and it is like stepping back into the ‘60s. Think about the type of gym Rocky Balboa would want to work out of – old school, no frills, you are there to sweat. And yes, you will sweat: There’s no AC – […]
Comcast RISE to award $1 million in grants to 100 women-owned or minority-owned South Florida small businesses
Comcast today announced it will award $1 million in grants to 100 small businesses owned by women and people of color, including Black, Indigenous, Hispanic, and Asian American owners, among others, in Broward and Miami-Dade Counties, bringing the Comcast RISE program’s total investment in South Florida to $2 million. Comcast RISE […]
Deadline to apply for Miami-Dade small business grants is Aug. 28
Miami-Dade County Mayor Daniella Levine Cava and Commissioner Jean Monestime launched a new round of grants from BizUp, a $1 million business innovation start-up grant program for local small businesses. Businesses can apply online now through Aug. 28. This program is managed in partnership with StartUP FIU and Bank of […]
Buying a small business? What you need to know
By Susan Guillory – Guest Contributor Do you dream of owning your own business? There’s more than one way to make this dream come true. Some entrepreneurs launch a business from scratch, while others buy an existing business. There are certainly advantages to buying a business that’s already established…but is […]
A Miami bank receives $250M from the US Treasury to make loans to minority-owned small businesses
Banesco USA will be offering low-interest commercial loans to Miami-area companies, mainly minority-owned small businesses. The Coral Gables-headquartered bank, which focuses on commercial lending in South Florida and Puerto Rico, received a $250 million capital injection from the U.S. Treasury. With that money it will increase lending to small and […]
What makes your company investable by equity investors?
Is your company appropriate for venture capital investors? Ricardo Weisz, a Florida SBDC at FIU consultant, knows a thing or two about this topic. He’s been a business operator multiple times and has invested in dozens of startup companies over the years. First you need to determine that your company […]
2 types Of VC: Capital-as-a-weapon and capital-as-a-tool
By Dileep Rao – Guest Contributor Given the current habit of labeling all types of equity financing as venture capital and all ventures receiving VC as startups, things can get a little confusing. Not all VCs are created alike and not all startups are at the idea stage. All VCs are […]
