SBA

SBA Recognizes 2024 Phoenix Award Winners of the Year for Outstanding Disaster Recovery Efforts

Retrieved on: 
Tuesday, April 9, 2024
Uncertainty, PizzaExpress, Metropolitan, Face, SBA, Phoenix Award, EIDL, ODR, Coffee, National Small Business Week, City, Mental health, Chamber of commerce, Social media, Small business, Hope, Volunteering, 129th Field Artillery Regiment, Civil and political rights, Disaster recovery, Cross County, Arkansas, Commerce, Survivor, Small Business Administration, Tornado, Hurricane Ida, Parish, Counselor, Human

WASHINGTON, April 09, 2024 (GLOBE NEWSWIRE) -- Today,  Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized the 2024 Phoenix Award winners for outstanding disaster recovery efforts by a small business, public official, and volunteer.

Key Points: 
  • WASHINGTON, April 09, 2024 (GLOBE NEWSWIRE) -- Today,  Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, recognized the 2024 Phoenix Award winners for outstanding disaster recovery efforts by a small business, public official, and volunteer.
  • “SBA’s 2024 Phoenix Award winners inspire us and remind us that even in the face of disaster, tragedy, or uncertainty, America at its core is about hope, possibilities, and an unwavering commitment to working together to strengthen our communities,” said Administrator Guzman.
  • “These honorees represent the power of determination and adaptability,” said Francisco Sánchez Jr. , Associate Administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration.
  • Jacqueline was first introduced to the SBA back in 2020, receiving an Economic Injury Disaster Loan (EIDL) due to the pandemic.

ICYMI: SBA Administrator Guzman Highlights Memphis Small Business Ahead of Today’s Total Solar Eclipse

Retrieved on: 
Monday, April 8, 2024
NASA, Administrator, SBA, 3D, National Space Council

WASHINGTON, April 08, 2024 (GLOBE NEWSWIRE) -- Today, ahead of the total solar eclipse, the SBA released a new video highlighting American Paper Optics, a Memphis small business that manufactures paper eyewear – including the only NASA-approved glasses that allow Americans to safely view solar eclipses.

Key Points: 
  • WASHINGTON, April 08, 2024 (GLOBE NEWSWIRE) -- Today, ahead of the total solar eclipse, the SBA released a new video highlighting American Paper Optics, a Memphis small business that manufactures paper eyewear – including the only NASA-approved glasses that allow Americans to safely view solar eclipses.
  • SBA Administrator Isabel Casillas Guzman traveled to Memphis, Tennessee for a tour of American Paper Optics’ 30,000-sq.
  • During the tour, Administrator Guzman learned how American Paper Optics used SBA resources to sustain operations during the pandemic, and how the business evolved into the largest manufacturer of paper 3D eyewear and solar eclipse viewing glasses in the world.
  • The 2024 total solar eclipse is generating a spending surge nationwide, and small businesses are playing a large role in meeting this economic demand.

SBA Recognizes 2024 Government Contractors and 8(a) Graduate of the Year

Retrieved on: 
Friday, April 5, 2024
Knowledge, Forecasting, Growth, SBA, Action, Federation, Business, Systems analysis, National Small Business Week, Electronics, Research, Business development, Small business, Private sector, APEX, Homeland security, NASA, The, Engineering, Air force, Texas A&M University, Senior counsel, Excellence, Government, KBSI, Navy, Army, Construction

These fuzes are used in electro-mechanical rocket, missile, artillery, mortar, and tank devices for the Department of Defense and domestic prime contractors.

Key Points: 
  • These fuzes are used in electro-mechanical rocket, missile, artillery, mortar, and tank devices for the Department of Defense and domestic prime contractors.
  • Cetechs won the 2018 SBA Emerging Leaders Program Graduate Award, the 2019 Arizona Small Business Development Center Success Award, and the 2020 Goldman Sachs Award.
  • The Dwight D. Eisenhower Award for Excellence recognizes other small business prime contractors that have excelled in utilizing small businesses as suppliers and subcontractors within various industries.
  • Additionally, it collaborated with various SBA District Offices, Small Business Development Centers, and APEX Accelerators to educate and network with small businesses.

SBA Administrator Visits Baltimore for Bridge Collapse Aid

Retrieved on: 
Friday, April 5, 2024
SBA, EIDL, Interview, Small business, BRC, Francis Scott Key Bridge, Human

Administrator Guzman started the day hosting a roundtable alongside U.S.

Key Points: 
  • Administrator Guzman started the day hosting a roundtable alongside U.S.
  • Senator Ben Cardin, Congressman Kweisi Mfume, Baltimore Mayor Brandon Scott, and County Executive Johnny Olszewski to meet with small business owners affected by the Francis Scott Key Bridge collapse and hear about the challenges they are facing.
  • The leaders then joined Administrator Guzman for a tour of an SBA Business Recovery Center and spoke with local and national press about the SBA’s collaboration with federal, state, and local officials to mobilize resources to assist small businesses following the bridge collapse.
  • In the wake of the bridge collapse, the SBA has made low-interest, long-term Economic Injury Disaster Loans (EIDL) available to affected business owners in Maryland and contiguous counties in neighboring states to help them overcome temporary loss of revenue.

Delaware Resource Group of Oklahoma, LLC (DRG) and Alutiiq Career Ventures, LLC (ACV) announce a strategic partnership

Retrieved on: 
Friday, April 5, 2024
Organization, SBA, Partnership, Aerospace, DRG, National Guard Bureau, NASA, Safety, ACV

ANCHORAGE, Alaska, April 05, 2024 (GLOBE NEWSWIRE) -- Delaware Resource Group of Oklahoma, LLC (DRG) and Alutiiq Career Ventures, LLC (ACV) announce they have entered into a Mentor-Protégé Agreement, which is pending approval by the U.S. Small Business Administration (SBA).

Key Points: 
  • ANCHORAGE, Alaska, April 05, 2024 (GLOBE NEWSWIRE) -- Delaware Resource Group of Oklahoma, LLC (DRG) and Alutiiq Career Ventures, LLC (ACV) announce they have entered into a Mentor-Protégé Agreement, which is pending approval by the U.S. Small Business Administration (SBA).
  • “We are grateful for this opportunity to work with such an accomplished company as DRG and look forward to entering the Aerospace and Training marketplace,” said Matt Nelson, President of ACV.
  • ACV, as the Protégé, will gain valuable experience in preparing solicitation responses to diversify its portfolio and pursue new opportunities in the future.
  • “We are excited to see two great organizations come together to achieve mutually beneficial opportunities.

THURSDAY: SBA Administrator to Visit Baltimore, Discuss Economic Assistance Available for Businesses Affected by Bridge Collapse

Retrieved on: 
Wednesday, April 3, 2024
RSVP, BRC, Human, Travel, SBA, Small business, Francis Scott Key Bridge, EIDL

Senator Ben Cardin, Congressman Kweisi Mfume, and Mayor Brandon Scott to meet with small business owners affected by the Francis Scott Key Bridge collapse and hear the challenges they are facing.

Key Points: 
  • Senator Ben Cardin, Congressman Kweisi Mfume, and Mayor Brandon Scott to meet with small business owners affected by the Francis Scott Key Bridge collapse and hear the challenges they are facing.
  • Senator Cardin, Rep. Mfume, and Mayor Scott will then join Administrator Guzman for a tour of an SBA Business Recovery Center and media availability.
  • In the afternoon, Administrator Guzman will join a press conference with Governor Wes Moore to provide an update on the SBA’s economic recovery efforts.
  • In the wake of the bridge collapse, the SBA has made low-interest, long-term Economic Injury Disaster Loans (EIDL) available to affected business owners to help them overcome temporary loss of revenue.

Helius Medical Technologies, Inc. Announces Partnership with Lovell® Government Services to Expand Reach of PoNS Therapy™

Retrieved on: 
Wednesday, April 3, 2024
Diagnosis, Department of Defence, Service-Disabled Veteran-Owned Small Business, Gait, USMC, RET, SBA, Walking, Patient, HSDT, Quality of life, Small business, Pons, Pharmaceutical industry

NEWTOWN, Pa., April 03, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq:HSDT) (“Helius” or the “Company”), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced it has partnered with Lovell Government Services (“Lovell”), an SBA-certified Service Disabled Veteran Owned Small Business (“SDVOSB”), to make the Company’s Portable Neuromodulation Stimulator (“PoNS®”) device available to federal healthcare systems. PoNS is indicated in the U.S. for use as a short-term treatment of gait deficit in adults with mild-to-moderate symptoms from MS when used in conjunction with physical therapy.

Key Points: 
  • In a study of real-world results, after 14 weeks of PoNS Therapy, 100% of MS patients experienced a clinically meaningful improvement in gait.
  • Veterans have given their best to our country and should have access to the most innovative and effective resources available.
  • “Recently, Helius highlighted the real-life story of Kevin Byrne, a retired U.S. veteran who’s been suffering from MS since 1999.
  • While clinical results have demonstrated the effectiveness of PoNS Therapy, it’s firsthand accounts like Captain Byrne’s that are the most gratifying,” concluded Andreeff.

SBA Names First American Bank Export Lender of the Year for the Second Time

Retrieved on: 
Wednesday, April 3, 2024
SBA, First American Bank, International trade, Bank, Export

CHICAGO, April 03, 2024 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration’s (SBA) Office of International Trade selected First American Bank as its 2024 Export Lender of the Year.

Key Points: 
  • CHICAGO, April 03, 2024 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration’s (SBA) Office of International Trade selected First American Bank as its 2024 Export Lender of the Year.
  • The three SBA export loan programs—including the Export Working Capital Program (EWCP), International Trade Loan, and Export Express Program—provide federal support to small businesses aiming to expand their operations abroad.
  • With more than a decade as a delegated EWCP lender, First American Bank’s trade finance department extensively leverages SBA export loans to fulfill customers’ export goals.
  • By working closely with small businesses to fill trade financing gaps, First American Bank earned its first SBA Export Lender of the Year honor in 2017.

Janover CEO Provides Letter to Shareholders

Retrieved on: 
Tuesday, April 2, 2024
Failure, Automation, Culture, Letter, SBA, Amazon, Trust, Coffee, Beauty, Small business, IPO, Great, Fintech, BOCA, Fed, Weather

BOCA RATON, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided the following letter to shareholders from the Company’s Chairman and CEO, Blake Janover:

Key Points: 
  • BOCA RATON, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided the following letter to shareholders from the Company’s Chairman and CEO, Blake Janover:
    Thank you for taking a moment to read my first shareholder letter to Janover public company investors.
  • 2023 was a monumental year for us as a business and for me personally as the Founder & CEO of our company.
  • I say our company because whether you own one share or, as is in my case, many, it’s ours.
  • Our organization will continue to build out a resilient mix of high-quality product offerings to drive value to our customers and as an extension, our shareholders.

SBA Opens Two Business Recovery Centers to Support Small Businesses Amid Francis Scott Key Bridge Collapse

Retrieved on: 
Monday, April 1, 2024
Francis Scott Key Bridge, Disaster recovery, Speech, Telecommunications, SBA, Hearing, Interest, EIDL, Insurance

“Our Business Recovery Centers are one of the most powerful resources at SBA’s disposal to support business owners in the midst of a disaster,” said Francisco Sánchez, Jr., Associate Administrator for the SBA Office of Disaster Recovery and Resilience.

Key Points: 
  • “Our Business Recovery Centers are one of the most powerful resources at SBA’s disposal to support business owners in the midst of a disaster,” said Francisco Sánchez, Jr., Associate Administrator for the SBA Office of Disaster Recovery and Resilience.
  • “Business owners can meet in person with our specialists to apply for SBA disaster loans and get information on the full breadth of our programs designed to help them navigate their recovery.”
    On March 30, the SBA issued a disaster declaration covering counties affected by the Francis Scott Key Bridge collapse.
  • The declaration applies to small businesses, small agricultural cooperatives, small aquaculture businesses, and private nonprofit organizations.
  • Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email [email protected] for more information on SBA disaster assistance.