Jovita Carranza

SBA Proposes Rule to Eliminate Regulations that Exclude Faith-Based Organizations from Seven SBA Programs

Retrieved on: 
Tuesday, January 19, 2021

Washington, Jan. 19, 2021 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration invites public comment on a proposed rule designed to remove regulatory provisions that exclude certain faith-based organizations from seven business loan and disaster assistance programs.

Key Points: 
  • Washington, Jan. 19, 2021 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration invites public comment on a proposed rule designed to remove regulatory provisions that exclude certain faith-based organizations from seven business loan and disaster assistance programs.
  • Because these provisions exclude otherwise eligible applicants based on their religious status, they violate their constitutionally guaranteed religious liberty rights.
  • Todays proposed rule would remove barriers to SBA loans and disaster assistance that current regulations unfairly impose on faith-based businesses and organizations, said SBA Administrator Jovita Carranza.
  • It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations.

SBA Extends COVID-19 Economic Injury Disaster Loan Application Deadline through Dec. 31, 2021

Retrieved on: 
Thursday, December 31, 2020

Washington, Dec. 30, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration today announced that the deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 Pandemic disaster declaration is extended to Dec. 31, 2021.

Key Points: 
  • Washington, Dec. 30, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration today announced that the deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 Pandemic disaster declaration is extended to Dec. 31, 2021.
  • The deadline extension comes as a result of the recent bipartisan COVID-19 relief bill passed by Congress and enacted by President Trump on Dec. 27, 2020.
  • Following the Presidents declaration of the COVID-19 Pandemic, the SBA has approved over 3.6 million loans through our Economic Injury Disaster Loan program nationwide, Administrator Jovita Carranza said.
  • EIDL loan applications will continue to be accepted through December 2021, pending the availability of funds.

SBA Announces New Regional Innovation Cluster Award Opportunities

Retrieved on: 
Monday, November 2, 2020

Washington, Nov. 02, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration announced new funding opportunities for the 2020-2021 Regional Innovation Clusters (RIC) initiative.

Key Points: 
  • Washington, Nov. 02, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration announced new funding opportunities for the 2020-2021 Regional Innovation Clusters (RIC) initiative.
  • The SBA is excited to continue building on the ongoing success of the RIC program which allows us to harness the power of innovation and continue strengthening our nations leadership in emerging markets, said SBA Administrator Jovita Carranza .
  • This impactful initiative will continue to create jobs and opportunities for all Americans, said SBA Associate Administrator for the Office of Entrepreneurial Development Allen Gutierrez .
  • To learn more, get contact information, or to obtain a complete list of SBA Regional Innovation Clusters, go to www.sba.gov/local-assistance.

National Veterans Small Business Week to Kick-off Nov. 2

Retrieved on: 
Friday, October 30, 2020

Washington, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration will celebrate veteran, service member, and military spouse small business owners nationwide during National Veterans Small Business Week , Nov. 2-6, 2020.

Key Points: 
  • Washington, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration will celebrate veteran, service member, and military spouse small business owners nationwide during National Veterans Small Business Week , Nov. 2-6, 2020.
  • National Veterans Small Business Week is the perfect time to reflect on the accomplishments of our nations 2.5 million veteran-owned small businesses, said SBA Administrator Jovita Carranza.
  • This years National Veterans Small Business Week theme is #VetBiz Resources in Your Local Community.
  • The U.S. Small Business Administration celebrates, connects, and empowers service members (including National Guard and Reserve), veteran, and military spouse entrepreneurs, and business owners past, present, and future during National Veterans Small Business Week (NVSBW).

SBA Achieves Historic Small Business Lending for Fiscal Year 2020

Retrieved on: 
Wednesday, October 28, 2020

Washington, Oct. 28, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration announced the Fiscal Year 2020 summary loan data of the financial assistance provided through traditional loan program lending as well as aid provided via the CARES Act.

Key Points: 
  • Washington, Oct. 28, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration announced the Fiscal Year 2020 summary loan data of the financial assistance provided through traditional loan program lending as well as aid provided via the CARES Act.
  • Loans guaranteed through traditional SBA lending programs exceeded $28 billion; however, the enactment of the CARES Act dramatically increased loan volume guaranteed by the Agency.
  • SBA lending data further reflects the extraordinary commitment this Administration has made to supporting entrepreneurs in underserved communities, Administrator Jovita Carranza said.
  • The U.S. Small Business Administration makes the American dream of business ownership a reality.

SBA Awards Timothy Porter of Appddiction Studio, LLC of Texas as 2020 Small Business Person of the Year

Retrieved on: 
Tuesday, September 22, 2020

Washington, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration recognized this years Small Business Person of the Year, Timothy Porter of Appddiction Studio, LLC, of Texas, during the 2020 National Small Business Week virtual ceremony.

Key Points: 
  • Washington, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration recognized this years Small Business Person of the Year, Timothy Porter of Appddiction Studio, LLC, of Texas, during the 2020 National Small Business Week virtual ceremony.
  • It is my honor to announce Timothy Porter of Appddiction Studio, LLC, is this years national Small Business Person of the Year.
  • After serving his country in the U.S. military, Timothy used SBA resources to propel his entrepreneurial passion into a thriving small business, said Administrator Jovita Carranza.
  • Today, Appddiction Studio, LLC, is a nationally recognized, veteran-owned company providing innovative IT solutions to government and corporate entities.

SBA Awards $5.5 Million in PRIME Grants to Help Emerging Micro-Entrepreneurs Gain Access to Capital

Retrieved on: 
Tuesday, September 22, 2020

These nonprofit organizations help low-income entrepreneurs gain access to capital to establish and expand their small businesses.

Key Points: 
  • These nonprofit organizations help low-income entrepreneurs gain access to capital to establish and expand their small businesses.
  • Capital is king for any aspiring or current entrepreneur, and the SBA is committed to providing critical funding to small businesses, SBA Administrator Jovita Carranza said.
  • President Trump signed legislation creating Opportunity Zones in 2017 to spur new capital investment in Americas economically distressed communities.
  • The PRIME grants range from $75,000 to $250,000, and typically require at least 50 percent in matching funds or in-kind contributions.

President Trump Proclaims National Small Business Week September 20-26

Retrieved on: 
Monday, September 21, 2020

Washington, Sept. 21, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administrations 2020 National Small Business Week celebrations officially commence this week with a virtual three-day award ceremony recognizing national award winners from across the country and U.S. territories for their significant accomplishments.

Key Points: 
  • Washington, Sept. 21, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administrations 2020 National Small Business Week celebrations officially commence this week with a virtual three-day award ceremony recognizing national award winners from across the country and U.S. territories for their significant accomplishments.
  • The three-day award ceremony will commence Tuesday, September 22, with SBA Administrator Jovita Carranza announcing the 2020 National Small Business Person of the Year.
  • National Small Business Week events will continue through September 26, with local events across the country.
  • This years National Small Business Week virtual conference will offer free educational webinars, free business advice, and an opportunity to network with fellow business owners.Registration is required; individuals interested in the conference can register here .

SBA Celebrates Women Empowerment and Entrepreneurship with Opening of Mississippi Women’s Business Center

Retrieved on: 
Tuesday, September 8, 2020

The SBAs funding of this new Womens Business Center (WBC) will further bring an important new small business resource to women entrepreneurs in Mississippi at a time when their businesses are working to recover from the coronavirus pandemic, said SBA Administrator Jovita Carranza .

Key Points: 
  • The SBAs funding of this new Womens Business Center (WBC) will further bring an important new small business resource to women entrepreneurs in Mississippi at a time when their businesses are working to recover from the coronavirus pandemic, said SBA Administrator Jovita Carranza .
  • The WBC at Alcorn State University will carry out the mission with the support of the SBAs Office of Womens Business Ownership (OWBO).
  • For over 30 years, the SBAs Office of Womens Business Ownership has proudly empowered women to become entrepreneurs through the education, training, and resources our Womens Business Centers provide, said Sery Kim , Assistant Administrator for OWBO.
  • Dr. Nave added, Alcorn State University is honored to partner with the SBA to host a Womens Business Center in Mississippi.

National Small Business Week to Kick-off September 22-24

Retrieved on: 
Thursday, September 3, 2020

Washington, Sept. 03, 2020 (GLOBE NEWSWIRE) -- Today, Jovita Carranza , Administrator of the U.S. Small Business Administration, announced the kick-off for National Small Business Week .

Key Points: 
  • Washington, Sept. 03, 2020 (GLOBE NEWSWIRE) -- Today, Jovita Carranza , Administrator of the U.S. Small Business Administration, announced the kick-off for National Small Business Week .
  • National Small Business Week honors the nations small businesses, many of which are veterans, women, and minority-owned, for their achievements and dedication to their communities.
  • This years National Small Business Week activities will include numerous educational panels providing retooling and innovative practices for entrepreneurs as our nations small businesses look to pivot and recover toward a stronger economy.
  • National Small Business Week will also recognize small business advocates for their involvement in disaster recovery, government contracting, and their support for small businesses and entrepreneurship.