SDB

SBA Unveils Updated Equity Action Plan to Advance the Biden-Harris Administration’s Commitment to Investing in Equity

Retrieved on: 
Wednesday, February 14, 2024

“The SBA’s updated Equity Action Plan recognizes the tremendous value that diverse entrepreneurs bring to our economy in terms of job creation, innovation, and domestic and international competition.

Key Points: 
  • “The SBA’s updated Equity Action Plan recognizes the tremendous value that diverse entrepreneurs bring to our economy in terms of job creation, innovation, and domestic and international competition.
  • Some SBA programs utilize a specific definition for underserved communities and/or disadvantaged small businesses as outlined in program statutes and regulations.
  • Improve Access to Disaster Assistance by modernizing technology, streamlining the application process, and increasing support for underserved disaster survivors navigating the application process.
  • The SBA’s regular engagement with the small business community and its stakeholders helped inform the Equity Action Plan .

Empretec Highlights Kingdom's Role in Shaping Global Entrepreneurship

Retrieved on: 
Tuesday, October 24, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231024231301/en/
    Empretec Highlights Kingdom's role in Shaping Global Entrepreneurship (Photo: AETOSWire)
    His Excellency, the Minister of Human Resources and Social Development, delivered a keynote address emphasizing the paramount importance of empowering the private sector within the Kingdom, aligned with the goals of the National Transformation Program and the Saudi Vision 2030.
  • He emphasized the bank's pivotal role in supporting entrepreneurship and contributing to the goals of the 2030 Vision.
  • The forum witnessed the signing of several partnerships aimed at supporting entrepreneurship and creating opportunities in the logistics services sector.
  • The event concluded with renewed commitment and enthusiasm for entrepreneurship, innovation, and sustainable development.

IS32FL3749, 24x4 Matrix Mini-LED Driver IC for LCD Backlight

Retrieved on: 
Tuesday, September 26, 2023

It is targeted at the automotive LCD backlight market that utilizes white mini-LED arrays for large ultra-high contrast Central Information Displays (CID).

Key Points: 
  • It is targeted at the automotive LCD backlight market that utilizes white mini-LED arrays for large ultra-high contrast Central Information Displays (CID).
  • The IS32FL3749 is an automotive-grade mini-LED matrix driver IC for LCD backlight applications that supports multiple local dimming zones.
  • LCDs with more backlight LEDs and more dimming zones, result in brighter displays with a highly granular contrast control.
  • Local dimming refers to an array of individually addressed white LEDs behind the LCD panel to create a backlight.

FusionEdge Solutions: A Joint Venture Between TechSur Solutions and REI Systems

Retrieved on: 
Thursday, August 31, 2023

WASHINGTON, Aug. 31, 2023 /PRNewswire/ -- TechSur Solutions and REI Systems are thrilled to announce the formation of FusionEdge Solutions, a Joint Venture created to support their recent, SBA-approved Mentor-Protege Agreement.

Key Points: 
  • WASHINGTON, Aug. 31, 2023 /PRNewswire/ -- TechSur Solutions and REI Systems are thrilled to announce the formation of FusionEdge Solutions, a Joint Venture created to support their recent, SBA-approved Mentor-Protege Agreement.
  • Rupinder Yadav, President of TechSur Solutions, shares her vision for the JV, stating, "TechSur Solutions has always been committed to providing our clients with advanced technical solutions and emerging technologies.
  • REI Systems CEO, Shyam Salona states, "REI Systems has a long-standing history of supporting government agencies with robust, large-scale IT solutions.
  • This partnership with TechSur Solutions, culminating in the creation of FusionEdge Solutions, opens new avenues for innovation and enhanced service delivery.

Biden-Harris Administration Sets Record-Breaking $163 Billion in Federal Procurement Opportunities to Small Businesses

Retrieved on: 
Tuesday, July 18, 2023

This historic level amounts to a $162.9 billion investment in the small business economy – an $8.7 billion increase from the previous fiscal year.

Key Points: 
  • This historic level amounts to a $162.9 billion investment in the small business economy – an $8.7 billion increase from the previous fiscal year.
  • Despite not meeting the 3% statutory goal, the federal government made significant strides in supporting and empowering HUBZone small businesses.
  • The federal government achieved its small business subcontracting goals, awarding 30.9%, or $79.1 billion, to small business subcontractors.
  • Expanding Access to Federal Contracting:
    The Small Business Administration, under the Biden-Harris Administration, has made it a top priority to expand access to federal contracting.

TCarta to Deliver Satellite Derived Bathymetry for 13 Regions to National Geospatial-Intelligence Agency

Retrieved on: 
Tuesday, June 13, 2023

DENVER, June 13, 2023 /PRNewswire/ -- TCarta Marine, a global provider of hydrospatial products and services, has been awarded a contract to deliver satellite derived bathymetry (SDB) and seafloor classification data for the coastal zones of 13 regions around the world to the National Geospatial-Intelligence Agency (NGA) under contract to Maxar Technologies.

Key Points: 
  • DENVER, June 13, 2023 /PRNewswire/ -- TCarta Marine, a global provider of hydrospatial products and services, has been awarded a contract to deliver satellite derived bathymetry (SDB) and seafloor classification data for the coastal zones of 13 regions around the world to the National Geospatial-Intelligence Agency (NGA) under contract to Maxar Technologies.
  • TCarta will deliver seabed depth and feature maps from high-resolution multispectral Maxar WorldView-2 and WorldView-3 satellite imagery for the 13 regions.
  • TCarta has processed thousands of Maxar satellite images for the project, including hundreds of high-resolution scenes for one nation alone.
  • By the time all deliverables have been submitted and approved by NGA, TCarta will have mapped the entire subsurface coastlines of the 13 regions over the 12-month Period of Performance.

Biden-Harris Administration to Launch New Initiative to Increase Federal Contracting with Small Disadvantaged Businesses

Retrieved on: 
Thursday, May 25, 2023

This agreement will establish a pool of 8(a) firms to make it easier for procurement officials to locate and contract with small, disadvantaged businesses across industries.

Key Points: 
  • This agreement will establish a pool of 8(a) firms to make it easier for procurement officials to locate and contract with small, disadvantaged businesses across industries.
  • Federal agencies will be able to leverage the size and scale of the MAS marketplace to achieve their SDB contracting goals while they make smart purchasing decisions.
  • “This joint initiative between the SBA and GSA will increase federal contracting opportunities for thousands of minority-owned and other small, disadvantaged businesses, highlighting the Biden-Harris Administration’s commitment to equity in procurement and delivering against President Biden’s ambitious goal,” said SBA Administrator Isabella Casillas Guzman.
  • “Our 8(a) small businesses are agile, innovative, and positioned for growth, and can further help federal agencies procure the products and services needed to achieve their missions.

Apnimed to Present Positive Phase 2b Results on AD109, an Investigational Oral Treatment for Obstructive Sleep Apnea, at ATS 2023

Retrieved on: 
Monday, May 15, 2023

A total of 294 participants with a wide range of OSA severity, from mild to severe (AHI4 of 10-45), were enrolled at 25 sites across the United States.

Key Points: 
  • A total of 294 participants with a wide range of OSA severity, from mild to severe (AHI4 of 10-45), were enrolled at 25 sites across the United States.
  • Participants were randomized to parallel arms comparing two doses of AD109, two doses of AD504 (a second candidate in an earlier phase of development), atomoxetine alone, and placebo.
  • MARIPOSA also incorporated other standard clinical endpoints designed to characterize improvement of oxygenation, sleep, and daytime function in OSA.
  • It is one of the largest clinical trials ever conducted of potential drug treatments designed to target the underlying cause of OSA.

Fuse Integration and Raytheon Technologies Receive DoD Nunn-Perry Award for Mentor-Protégé Excellence

Retrieved on: 
Monday, April 24, 2023

The award recognizes collaboration supporting warfighters by delivering capabilities across major defense programs.

Key Points: 
  • The award recognizes collaboration supporting warfighters by delivering capabilities across major defense programs.
  • “The DoD Mentor-Protégé Program has been a significant factor in maturing our company's production process for battlespace networking products and airborne integrated systems,” said Sumner Lee, CEO of Fuse.
  • “We are immensely proud to be selected for the Nunn-Perry Award and are grateful to Raytheon Missiles and Defense for their leadership.”
    Nunn-Perry Award recipients exhibit “exemplary protégé growth and developments” under their respective teaming agreements.
  • “Supporting the DoD’s mission to deliver critical capabilities to the warfighter is a top priority at Raytheon Technologies,” said Lionel Boisvert, Deputy Director, Advanced Technology Sensors at Raytheon Missiles & Defense.

Landmark agreements worth over $6.4 billion announced on Day 4 of Biban 2023 forum

Retrieved on: 
Monday, March 13, 2023

The multibillion-dollar pledge was announced on Day 4 of Biban 2023, with the landmark commitment set to contribute to the achievement of the nation’s Vision 2030 objectives.

Key Points: 
  • The multibillion-dollar pledge was announced on Day 4 of Biban 2023, with the landmark commitment set to contribute to the achievement of the nation’s Vision 2030 objectives.
  • View the full release here: https://www.businesswire.com/news/home/20230313005354/en/
    Biban 2023 unites the world's brightest entrepreneurs, SMEs and startups to foster tangible opportunities (Photo: AETOSWire)
    The SDB pledge joins the long list of agreements signed at Biban 2023: Saudi Arabia’s flagship startup and SME forum.
  • Biban 2023 also hosted the final round of the Entrepreneurship World Cup (EWC), which was one of the day’s major highlights.
  • WhiteHelmet was announced — on the fourth day of the Biban forum — as the 2023 EWC winner, taking home the grand prize of $300,000 US.