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Each year from Sept. 15 – Oct. 15, Americans celebrate National Hispanic Heritage Month as a time to recognize the many contributions, diverse cultures, and extensive histories of the Hispanic and Latino communities in the United States. The Biden-Harris Administration’s Small Business Boom is being driven in large part by Hispanic founders, business owners, and innovators. During Hispanic Heritage Month, the U.S. Small Business Administration (SBA) is shining a spotlight on the incredible entrepreneurial spirit of this diverse community, whi...
Over the years, one of the most asked questions I get from entrepreneurs is what grants are available for new businesses and how do I get a business loan. Securing business capital can be frustrating and defeating for many individuals that have had the dream of turning their unique idea into a new small business. Grants are mostly non-existent for most startups unless your local community organizations or government agencies offer financial incentives. To help reduce barriers for startups, the...
It was 1963 when President Kennedy issued the first National Small Business Week proclamation marking the first week in May as a time to observe the critical importance that small business plays in our local and national economies. National Small Business Week (NSBW) serves as the nation's annual tribute to America's small businesses and innovative startups, the tireless engines of our economy and backbones of our communities. From Main Streets to innovation hubs, small businesses create...
Current and former members of the military make great entrepreneurs. The resilience, determination, and fortitude they acquired while in uniform is a great training ground for becoming a successful small business owner. Veteran-owned small firms are a critical part of the economy employing over 5 million Americans and generating $1.3 trillion in total sales. The U.S. Small Business Administration (SBA) plays an important role in supporting veterans and exiting service members achieve their...
By Aikta Marcoulier, SBA Regional Administrator As we enter the third year of the Biden-Harris administration, we're fortunate to have a president who understands the vital role women entrepreneurs play in our economy. The U.S. Small Business Administration (SBA) supports the president's business advocacy by nurturing the entrepreneurial spirit and making sure small business has a voice at the table in Washington, DC. During Women's History Month, and International Women's Day, we salute women...
Each year from Sept. 15 – Oct. 15 Americans celebrate National Hispanic Heritage Month as a time to recognize the many contributions, diverse cultures, and extensive histories of the American Latino community. More Hispanics than ever before are seizing the opportunity to create new businesses which improve their cities and neighborhoods. Hispanics are the fastest growing segment of the U.S. population, and own and operate more than 350,000 businesses nationwide employing over 3 million people and counting. Both President Biden, and SBA A...