One year ago this week, President Biden was swore in. Under the Biden-Harris Administration, the SBA continued scaling up to meet extraordinary challenges and deliver remarkable results for small businesses across America. Despite the odds, President Biden's leadership has added 6.4 million jobs – the most in any year in U.S. history – and managed the fastest growing economy in decades while cutting unemployment to near historic lows. Learn more In celebration of National Mentoring Month, join Associate Administrator for the SBA Office of Entrepreneurial Development, Mark Madrid and CEO of the SCORE Association, Bridget Weston for a webinar about the benefits of a business mentor on January 27, 2022 at 1:00 p.m. EST. During the webinar, you will learn: - Who needs a mentor and specifically how they can help start or grow your business
- How to find the right mentor for you
- How to utilize SCORE's extensive, nationwide network of business experts to assist you in navigating different aspects of your business
- How experienced business people can become involved in mentoring others through SCORE
- How SCORE mentorship plays out in the real world of starting and growing a business (as illustrated by a client case study)
Register In case you missed it! This week, Administrator Isabella Casillas Guzman spoke at the 90th Winter Meeting of The United States Conference of Mayors. Administrator Guzman discussed how the SBA is filling gaps in relief and helping to ensure an equitable recovery for all entrepreneurs. Watch SBA and Business Forward Announce Launch of the "Small Business Digital Alliance" Today, the SBA and Business Forward, Inc., a non-profit organization working with small business leaders in support of policies promoting America's economic competitiveness, announced the launch of the Small Business Digital Alliance. A joint public-private co-sponsorship, the SBDA will connect small businesses with critical tech resources to start and expand their e-commerce business to scale for success. The new initiative will also feature a series of free briefings and training to help small businesses access and utilize these digital tools to reach new markets, find diverse talent, improve operations, and raise capital. Learn more | Over the past year, cyber incidents have impacted many companies, non-profits, and other organizations, large and small, across multiple sectors of the economy. Most recently, public and private entities in Ukraine have suffered a series of malicious cyber incidents, including website defacement and private sector reports of potentially destructive malware on their systems that could result in severe harm to critical functions. All organizations, regardless of sector or size, should immediately: - Reduce the likelihood of a damaging cyber intrusion
- Take steps to quickly detect a potential intrusion
- Ensure your business is prepared to respond if an intrusion occurs
- Maximize business's resilience to a destructive cyber incident
Report incidents and anomalous activity to CISA and/or the FBI via your local FBI field office, FBI's 24/7 CyWatch at (855) 292-3937 or CyWatch@fbi.gov. Learn more Did you know that nearly 96% of consumers live outside the U.S., and two-thirds of the world's purchasing power is in foreign countries? The SBA has resources to help you export your products or services. Learn more Paycheck Protection Program borrowers: If your loan is $150,000 or less, you may be eligible to apply for direct forgiveness through SBA using our online portal. Follow the steps below. - Find out if your lender is participating.
- Watch a video about how to use the portal.
- Apply for forgiveness.
For additional information, visit the SBA website. Need Help with Your Business Goals? Consider a Mentor Whether you are new to business ownership, or a seasoned entrepreneur, a mentor can help you navigate the challenges of starting or managing a business. Most entrepreneurs agree that every business owner could use a mentor. In fact, according to a Sage survey, 93% of small and medium sized businesses see the value of business mentors. And yet, in the same survey, only 28% of those businesses report using mentoring services. Learn more | Thanks to vaccines, small businesses across America have opened back up. Keep the momentum going by getting vaccinated. Find a vaccine provider near you. Learn more |
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