Here is an Aug. 11, 2021 press release with information about the Shuttered Venue Operations Grant program offered by the SBA. The deadline looms: Aug. 20. Today, the U.S. Small Business Administration is announcing a call to all eligible Shuttered Venue Operators Grant (SVOG) applicants seeking economic aid for live entertainment small […]
Finance
Winning in government contracting starts with your strategy
“Government contracting is a long game – you have to be approaching it with a strategy,” says George Ray III, a consultant for Florida SBDC at FIU. “If you don’t have a plan, you almost plan to fail. It’s highly competitive, I can’t stress that enough,” Fortunately, Ray has great […]
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) […]
How a BB King song nailed the first stage of venture capital
By Dileep Rao – Guest Contributor Robert Johnson was on CNBC and like many others, wanted someone to offer more venture capital for minority venture development. With all due respect, he needs to be clearer on exactly what he means, who should be funding this, and what risks are they […]
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 […]
COVID relief: New details about the Restaurant Revitalization Fund
Restaurants and bars are another step closer to getting financial help after experiencing devastating losses during the COVID-19 pandemic. The long-awaited opening of the Restaurant Revitalization Fund is now close finat hand. The U,S, Small Business Association has released some key details about the pandemic relief program for the restaurant […]
8 things to do after your PPP loan
By Gerri Detweiler – Guest Contributor You’ve gotten your PPP loan, spent it properly, and hopefully qualify for full forgiveness. Congratulations! What’s next? Here are six steps you can take now, after your PPP loan, to help ensure your business continues on the road to recovery. Get a Grip On […]
COVID relief: Shuttered Venue Operators Grant program opens. What you need to know
UPDATE: The SBA ran into technical difficulties and has paused the Shuttered Venue Operators Grant Program while it works with the vendor to reopen the program. The Small Business Administration i launched its $16.25 billion Shuttered Venue Operators Grant program today, but the application process will go in steps. The […]
More restaurant relief on way via the Restaurant Revitalization Fund
It’s no secret that restaurants were one of the hardest-hit industries during the COVID-19 pandemic. The newly passed American Rescue Plan Act aims to help restaurants, bars and related businesses with a new grant program called the Restaurant Revitalization Fund. The RRF will offer $28.6 billion in grants to hard-hit restaurants and […]
