Hub details billions of dollars in grants, contracts, and market opportunities
WASHINGTON, April 11, 2024 (GLOBE NEWSWIRE) — Today, Administrator Isabel Casillas Guzmanhead of U.S. Small Business Administration (SBA) President Biden's Cabinet, the voice of America's more than 33 million small businesses, announced the launch of the SBA's new Invest America Small Business Hub. It is the first and only digital portal of its kind to provide industry-specific resources to help small businesses leverage. Opportunities under President Biden's signature Investing in America (IIA) Agenda.
“President Biden’s U.S. investment policy will deliver generational investments to grow the U.S. economy, restore competitiveness, tackle climate change, and bring manufacturing to our coasts. “This includes America's small and medium-sized businesses, which are the backbone of the economy.” Guzman administrator. “SBA's new Investing in America Small Business Hub will help more small businesses connect with the resources, financing opportunities, and support they need to take advantage of these opportunities and strengthen their businesses. From contractors working with Inflation Control Act rebates and tax credits to complete home energy efficiency projects to businesses helping rebuild America's infrastructure through the Bipartisan Infrastructure Act, small businesses It’s front and center of the Biden-Harris administration, and the SBA is here to help.”
The Biden-Harris administration's U.S. economic policies have stimulated a historic national small business boom, with the strongest new business applications on record in the first three years of President Biden's presidency, the first and second year , which occurred in the third year. New Census data released today shows that more than 17 million new business applications have been filed in the United States since he took office. This is a historic rate of entrepreneurship, and the IIA Small Business Hub plans to support continued growth by helping small business owners take advantage of the opportunities created by the IIA. Agenda for investing in America.
The IIA Small Business Hub includes new technical assistance guides to help more small businesses access Investing in America grants, contracts, and market opportunities. We also highlight SBA resources that help small businesses access the investment capital they need to scale up and the certifications they need to qualify for IIA funding. As part of this effort, SBA is collaborating with other federal agencies to host local events and webinars to connect directly with small businesses on how to access IIA contract opportunities and incentives such as home energy rebates and tax credits. We plan to provide support regarding this. In addition to the Small Business Hub, small businesses are encouraged to take advantage of all of SBA's small business resources to pursue investment opportunities in America.
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About the U.S. Small Business Administration
The U.S. Small Business Administration helps advance the American dream of business ownership. As the single go-to resource and voice for small businesses backed by the power of the federal government, the SBA helps entrepreneurs and small business owners start, grow, and expand their businesses, and recover from recessions. We will provide you with the resources and support you need. declared a disaster. We provide services through an extensive network of SBA field offices and partnerships with public and private organizations. For more information, please visit www.sba.gov.
CONTACT: Christine Saah-Nazer U.S. Small Business Administration 202-756-0304 Christine.saahnazer@sba.gov Han Nguyen U.S. Small Business Administration 202-756-0304 han.nguyen@sba.gov Rebecca Galanti U.S. Small Business Administration 202-756-0304 rebecca.galanti@sba.gov
