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Innovation: DoD and SBA Launch Small Business Investment Company Critical Technologies Initiative to Propel Breakthroughs

Secretary of Defense Lloyd J. Austin III and Small Business Administration (SBA) Administrator Isabella Casillas Guzmán have recently announced the launch

United statesLloydj austinIsabella casillas guzmDepartment of defense doDepartment of defenseInvestment companyOffice of strategic capitalSmall business administrationOffice of investmentSmall business investment company critical technology initiativeNational defense strategySmall business enterprisesDepartment of defense office strategic capitalDefense lloydAdministrator isabella casillas guzmStrategic capital

More than $5 million in grants to support STEM, R&D-focused small businesses

More than 30 associations in national priority areas will receive the financial injection.

Puerto ricoUnited statesIsabella casillas guzmHakki akdenizCasillas guzmMichael carneyBailey devriesIsabel guzman sbaisabelBiden harris administrationGrowth accelerator fund competitionGrowth accelerator fundAccelerator fundUs small business administrationBusiness administrationAccelerator fund competitionStage one catalyze

$20 million aimed to grow exports amongst new small companies

According to data from the Biden Administration, it is estimated that in the United States there are about 33 million of these businesses.

United statesCasillas guzmClaire ehmannIsabel guzman sbaisabelIsabella casillas guzmExpansion programUs small business administrationBiden harris administrationSbagov state trade expansion programAdministrator isabella casillas guzmBusiness administrationTrade expansion programSmall business jobs actState trade expansion programIsabel guzman0 million aimed to grow exports amongst new small companies

SBA filed its first disaster declarations under the Rural Communities Act

Residents affected by recent disasters in Alabama, Nevada and California are now eligible.

United statesNew hampshireIsabella casillas guzmCasillas guzmOffice of disaster recoveryUs small business administrationAdministrator isabella casillas guzmBusiness administrationRural communities actPresident bidenDisaster recoverySba filed its first disaster declarations under the rural communities act

Small Business Administration commemorates its 70th anniversary

The federal agency celebrated by ringing the closing bell at the New York Stock Exchange.

United statesDwightd eisenhowerIsabella casillas guzmCasillas guzmSmall business administrationYork stock exchange onUs small business administrationGreat depressionWorld warPresident dwightSmall business actNew york stock exchangeBusiness administrationLegacy businessAmerican dreamsPresident biden

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