The U.S. Small Business Administration says it will be making more than $7 million available to regional development clusters to help create job growth and new small business formation.
SBA says funding is available to support regional clusters
SBA’s 504 loan rate drops again
The interest rate on loans made through the U.S. Small Business Administration’s 504 loan program have now reached their lowest point of the year, which should spur business formation and expansion.
Small businesses take teens’ summer jobs to the next level
While teens have often made up a significant portion of summer workers as they take a break from school, some students are rejecting traditional summer jobs and starting their own businesses, according to the Indianapolis Star.
NY event helps entrepreneurs turn pink slips into a ticket to independence
Many laid-off workers are transitioning away from unemployment. But instead of simply working for another company, a significant number are going into business for themselves.
Legislation would create ‘Small Business Administration for nonprofits’
A bill proposed by Minnesota Congresswoman Betty McCollum would create a 16-member bipartisan council to represent nonprofit organizations in Washington D.C., according to the Nonprofit Times.
Officials revive Alabama business incubator
A Decatur, Alabama, business incubator is now back open for business after city officials revamped what had been a largely stagnant project in recent years, according to the Decatur Daily.
House set to vote this week on small business loan fund
The U.S. House of Representatives will soon vote on a small business loan fund proposed by President Barack Obama earlier this year to promote job growth and new business formation.
Telephone credit card scam targets business owners
The Better Business Bureau says a new telephone-based scam abusing disability services is targeting many small businesses, including restaurants and other business types.