Join the SBA September 13 – September 15, 2021, for the National Small Business Week Virtual Summit to learn new business strategies, meet other business owners, and chat with industry experts. This free online event will include educational webinars, updates on resources for small businesses and a networking chat room for business owners and aspiring entrepreneurs.
Join the SBA for an online panel discussion on August 26, 2021 with rural-owned small businesses as they share their small business stories and how they utilized SBA and USDA economic aid to pivot during the pandemic. You will also learn about resources available from the SBA and USDA to help rural entrepreneurs compete in the marketplace: launch or expand businesses; receive counseling; funding opportunities; and help to recover or rebuild from disasters.
The SBA is currently accepting applications through the Paycheck Protection Program (PPP) Forgiveness Portal which is a streamlined application portal that allows borrowers with PPP loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
This week, the SBA announced the availability of $150,000 for new grant opportunities for established and aspiring Women’s Business Center host organizations to provide outcome-oriented business services for women entrepreneurs in Tulsa, Oklahoma and Rochester, New York.
This week, Administrator Guzman visited Delaware and Wisconsin to meet inspiring small business owners who were able to pivot, recover and grow with help from SBA programs and resources. Watch the videos from her visits to Delaware and Wisconsin and follow the Administrator on Instagram to see photos of all her visits to small businesses across America.
Cyber-attacks are a growing concern for small businesses. The Cybersecurity and Infrastructure Security Agency has created a cybersecurity guide to help small businesses implement organizational cybersecurity practices.
Did you know that nearly 96% of consumers live outside the United States? If you’re considering exporting, the SBA can help.
Small business owners: If your company is located in a designated historically underutilized business zone, it may be eligible for set-aside government contracts.
Did you know? Eligible businesses that allow employees to get a COVID-19 vaccine can receive a tax credit. Partner with a vaccine provider to host an on-site vaccination clinic.
New, Lower Costs on Marketplace Health Insurance Plans
You may be eligible for more savings and lower costs on health coverage through the Health
Insurance Marketplace due to the American Rescue Plan Act of 2021.
More people than ever before qualify for tax credits that lower the cost of health coverage, even those who weren’t eligible in the past.
Most people currently enrolled in a Marketplace plan will qualify for more tax credits.
Health insurance premiums after these new savings will go down.
4 out of 5 customers can find a plan for $10 or less per month.
Fill out and submit your application on HealthCare.gov (or CuidadoDeSalud.gov for Spanish speakers) by August 15, 2021. After you submit your application, you have 30 days to enroll in a plan. Coverage starts the first day of the month after you enroll.
Get Inspired: Small Business Success Story
Did you know there are nearly 1,000 Small Business Development Centers across the United States? These SBA resource partners provide no-cost business consulting and low-cost training to new and existing business owners like Nancy Garcia.
Nancy has been the CEO of Noble Machine in Houston for nearly two decades and in 2019, she received help from her local Small Business Development Center to overcome business challenges. In 2020, Nancy’s company was named Houston District Office’s Women-Owned Small Business of the Year.
As a reminder, SBA directly communicates from email addresses ending in @sba.gov. SBA also communicates via email updates/notifications using an email marketing platform, (the same one you are receiving this newsletter from). Those emails end in @updates.sba.gov.
If you applied for the Shuttered Venue Operators Grant and emailed the SVOG Support Center, you may receive an email back from a zendesk.com account. This is an authorized SBA contractor.
If you are being contacted by someone claiming to be from the SBA who is not using an official SBA email address, you should suspect fraud. To report potential fraud, visit sba.gov/covidfraudalert.
Small Business Tax Credit Programs
Did you know that the American Rescue Plan extends a number of critical tax benefits, particularly the Employee Retention Credit and Paid Leave Credit, to small businesses?
Federal Coronavirus Resources
State, local, and federal agencies are working together to maintain the safety, security, and health of the American people. Check out coronavirus.gov for updates. Go to cdc.gov for detailed information about COVID-19 from the Centers for Disease Control and Prevention. Visit covid-sb.org, the official federal resource website for U.S. small businesses affected by COVID-19.
Virtual Mentoring and Training
SCORE, Small Business Development Centers, Women’s Business Centers, Veterans Business Outreach Centers and other resource partners are providing free virtual business mentoring and training by phone, email, and video.