SBA To Begin Accepting SVOG Applications April 8
Vermont Business Magazine The Small Business Administration is slated to begin accepting applications for the Shuttered Venue Operators Grant April 8 and has launched a portal, www.svograntportal.sba.gov, for the much-anticipated critical economic relief program.
Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. Reserved is $2 billion for eligible applications with up to 50 full-time employees. Eligible entities may be live venues, promoters, theatrical producers, live performing arts organizations, museums, movie theaters, and talent representatives.
Prior to the official SVOG application opening, the SBA will host a webinar to highlight the application process for potential eligible entities from 2:30 to 4 p.m. ET March 30. Visit www.svogapplicationinfo.eventbrite.com to register.
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Live Panel Session March 25
The U.S. Small Business Administration will host a live online panel session at 1 p.m. March 25 in celebration of Women’s History Month to discuss economic recovery with a dynamic group of women small business owners from various sectors utilizing SBA resources and critical financial lifelines to pivot during the pandemic.
Learn more about the resources available to help women entrepreneurs launch new businesses, compete in the marketplace, and connect with the training and funding opportunities specifically for women to help recover and rebuild.
To register, visit https://sbawomenshistorymonth.eventbrite.com.
Guzman Confirmed As Administrator
Isabella Casillas Guzman has been confirmed as the 27th Administrator of the U.S. Small Business Administration. On March 16, the U.S. Senate confirmed President Joe Biden’s nominee with broad bipartisan support, 81-17 votes as Administrator of the SBA. Guzman will represent the more than 30 million U.S. small businesses and lead an agency committed to helping small business owners and entrepreneurs start, grow and be resilient. “SBA must continue to be a lifeline for small businesses in the months ahead, and I am confident that Isabel Guzman is the best person to lead the agency out of the pandemic and through the economic recovery to follow,” said Senate Committee on Small Business & Entrepreneurship Chair Ben Cardin (D-MD). “Mrs. Guzman’s commitment to equity and her deep knowledge of the needs of small businesses will make her a strong advocate for all small businesses in the Biden Administration. I am looking forward to working with Mrs. Guzman as we in Congress work to fine-tune SBA to better meet the needs of small businesses in Black, Latino, Native, and other underserved communities.” |
PPP Forgiveness Webinars Tuesdays
The SBA Vermont District Office hosts free webinars from 11:30 a.m. to 1 p.m. Tuesdays about Paycheck Protection Program forgiveness. Topics include criteria, the process, changes and more.
To access the webinar, click here.
To access the webinar by phone, call 202-765-1264 and enter code 986 011 495#.
For more information, email [email protected].
PPP First & Second Draw Webinar Wednesdays
The SBA Vermont District Office hosts free webinars from 9 a.m. to 10:30 a.m. Wednesdays about the Paycheck Protection Program First Draw and Second Draw options. What is a PPP loan, terms, eligibility, and the application process. What is the difference between them? What has changed with the Economic Aid Act? Details on both programs will be presented.
To access the webinar, click here.
To access the webinar by phone, call 202-765-1264 and enter code 142 718 62#.
For more information, email [email protected].
Source: WASHINGTON –The Small Business Administration 3.24.2021