Dr. Joy Lough, Program Director of the SBA Women's Business Center Winston-Salem, would like to thank everyone for their attendance and support at the grand opening of this new center on August 12, 2021. Attendees included the Executive Director of the S.G. Atkins CDC, Carol Davis, WSSU Chancellor Robinson, SBA District Director Michael Arriola, Congresswoman Kathy Manning, Ms. Ann Elmore on behalf of the NC Secretary of State, and Mayor Allen Joines. If you missed the even
WASHINGTON – The U.S. Small Business Administration (SBA) announced the awardees of $1.1 million in grants and contracts to promote the development, success, and long-term sustainability of Native American-owned businesses. “Native-owned small businesses are vital to our shared economic future, and the SBA is committed to engaging and supporting them. The $1.1 million in awards will provide a boost to the SBA’s service providers working to address the systemic inequities that
Regional Administrator Thomas along with the SBA Disaster Team is monitoring and assessing the damage caused by the recent tornadoes and storms that devastated areas of Kentucky, Mississippi, and Tennessee. "We are preparing and we are ready, up and above our normal duties, for on the ground response and recovery with those affected in these areas," says Allen Thomas, SBA Regional Administrator. "We send prayers for all families and businesses impacted and for the first respo
Allen Thomas of Greenville, North Carolina has been sworn in as Region IV (4) Administrator for the U.S. Small Business Administration. He has oversight of the federal Agency for nine district offices located across eight states; Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. The SBA Southeast Region guaranteed over $8 billion in small business loans in fiscal year 2021, counseled over 400,000 entrepreneurs, and awarded nearly
Nominations are now being accepted for the 2022 National Small Business Week (NSBW) Awards. The NSBW Awards recognize the achievements of SBA-assisted small businesses and the contributions they have made to their communities and our nation’s economy. Nominations for the following categories will be accepted: Small Business Person of the Year Small Business Exporter of the Year Phoenix Awards for Disaster Recovery Federal Procurement Awards Small Business Investment Company o
In 2001, Laura Schoppe opened the virtual doors of Fuentek, LLC, a technology transfer company, from her home office in Apex, North Carolina. Today, the Latina business owner starts each workday from the same home office. The only difference being that Fuentek is now a multimillion-dollar company with a remote staff of 20 employees. “When I started Fuentek, I knew I wanted to start a telework company,” said Schoppe. “I wanted to avoid the overhead of a brick and mortar.” Tele
Join the SBA's COVID Economic Injury Disaster Loan (EIDL) Application Completion Office Hours for information about the application process and answers on how to apply for COVID EIDL funds. Wednesday, December 15, 2021 - 3:00 p.m.- 4:00 p.m. ET Join here Learn More
Less than 10 percent of federal agencies’ total eligible contracting dollars typically go to small disadvantaged businesses (SDB). Moreover, while women own roughly 20 percent of all small businesses economy-wide, less than 5 percent of federal contracting dollars go to women-owned small businesses. The Biden-Harris Administration announces reforms to the federal procurement process to help increase the share of federal contracts to SDBs. Reforms include: Requesting agencies
On December 1, 2021, the Washington, DC Women's Business Center and the Maryland Women's Business Center held a ribbon-cutting ceremony and shopping spree for ShopHER, a shop which is designed for women-owned small businesses impacted by the pandemic and seeking to re-establish retail operations. Natalie Madeira Cofield, Assistant Administrator for the Office of Women's Business Ownership, provided the keynote address.
Georgia Micro Enterprise Network, a microenterprise of nonprofits and hub for the Community Navigator Pilot Program, held a check presentation on December 3, 2021 in Atlanta, GA. Mark Madrid, Associate Administrator for the Office of Entrepreneurial Development and Natalie Madeira Cofield, Assistant Administrator for the Office of Women's Business Ownership, presented checks to awardees in attendance: Georgia Micro Enterprise Network Georgia Hispanic Chamber of Commerce Opera
Mark Madrid, Associate Administrator for the Office of Entrepreneurial Development and Natalie Madeira Cofield, Assistant Administrator for the Office of Women's Business Ownership, met with Community Navigator hub, County of Fulton, Georgia, and spokes on December 3, 2021.
On December 8, 2021, the Greenwood Women's Business Center, hosted by the US Black Chambers, Inc. Community Economic Development Corporation, held a ribbon-cutting ceremony to celebrate the historic opening of the Tulsa, Oklahoma center. The keynote address was provided by Natalie Madeira Cofield, Assistant Administrator for the Office of Women's Business Ownership.
On December 7, 2021, the U.S. Small Business Administration Administrator Isabella Casillas Guzman announced plans that the SBA intends to elevate its Office of Women’s Business Ownership (OWBO) to directly report to the Office of the Administrator. “While there has been historic progress in women’s entrepreneurship, significant disparities still persist, impacting women entrepreneurs’ access to resources and opportunity, especially in the face of the economic challenges pose
Dear Enterprising Women in Business Community: Administrator Isabella Guzman continues to make history in the Biden-Harris Administration with her support for women entrepreneurs and championship of equity. This week, Administrator Guzman announced her plan to elevate the Office of Women’s Business Ownership to report to the Office of the Administrator and to the her directly, raising our office's profile and position within the agency. This is atop of her continued champion