Helping Businesses Grow & Succeed
The COVID Economic Injury Disaster Loan (EIDL) and EIDL Advance programs are coming to an end. Here is what small businesses need to know. The programs still have billions of dollars available to help small businesses hard hit by the pandemic, the US Small Business Administration says. More than 3.8 million […]
By Gerri Detweiler – Guest Contributor The end of the year is often seen as a perfect time of year to reflect and plan for the year ahead. But the reality for most business owners is that it’s crazy busy and it may feel like all you can do to […]
According to a study by the Small Business Administration, military veterans are 45 percent more likely to own a small business than non-veterans. While veterans represent 7.6 percent of the country’s population, they make up a larger percentage of business owners at 9.1 percent. In honor of Veterans Day, Growbiz asked […]
More than 1,000 small business owners will receive assistance This week, Wells Fargo awarded an Open for Business Fund grant to Florida International University to launch a robust, virtual platform at StartUP FIU Food, a small business incubator that serves food and beverage micro-entrepreneurs in South Florida. The $750,000 grant […]
Florida International University has received a $2.5 million grant from the U.S. Small Business Administration’s Community Navigator Pilot Program. The funds are earmarked for improving underserved entrepreneurs’ access to government programs that provide assistance in launching a new venture, growing a business or managing unexpected business interruptions. The Miami-Dade Small […]
The Health Foundation of South Florida, Miami-Dade County, the Greater Miami Chamber of Commerce and the Coalition of Miami-Dade Chambers of Commerce have joined forces to launch the “We Did It,” a pledge program that calls on the region’s small businesses to encourage employees to be vaccinated against COVID-19. The […]
The Small Business Administration has raised the cap on COVID-19 related loans from $500,000 to $2 million, to help small businesses recover from the COVID-19 pandemic. The agency is set to begin approving loans with the higher caps Oct. 8. EIDL applications will close Dec. 31, 2021, unless the program’s […]
Call for applications for 10,000 Small Businesses: The Goldman Sachs 10,000 Small Businesses at Miami Dade College program is looking for applicants for its January 2022 cohort. The free 12-week program is designed to help business owners, and the program includes a Babson-designed entrepreneurship curriculum and a wealth of one-on-one advice, clinics, and networking opportunities. Applications […]
Fees can add up when obtaining an SBA small business loan. Here’s some good news on that front. Starting Oct. 1, 2021, through Sept. 30, 2022, the US Small Business Administration will waive both the upfront guaranty fee on the 7a, Express and EWCP loans, among others, as well as the ongoing servicing fee, for amounts up […]
Ray Juncosa, a consultant at Florida SBDC at FIU and an expert in business finance and access capital, doesn’t mince words. “If you don’t have a grasp of your finances, it will be difficult to succeed,” he tells small businesses. As a small business owner, you need to understand your […]