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MBDA Keeps “Boots on the Ground” Skills Sharpened

Blogged By: 
MBDA Office of Public Affairs
Created on September 16, 2014
 

National Training Conference Attendees, MBDA Associate Director MarcusSharpening your skills in any profession is a continuing effort. That is why the Minority Business Development Agency (MBDA) conducts annual training so our “boots on the ground,” can continue delivering excellent technical assistance, business development resources, as well as access to contract, capital and markets.

This year’s training conference will take place Sept. 15-19 in Detroit and will host approximately 250 attendees, made up of MBDA Business Center Operators and directors, invited speakers and MBDA headquarters staff.

The conference provides an annual training platform for MBDA’s nationwide network of 44 Business Centers.  The training is a requirement stated as part of the Federal Funding Opportunity Announcement which is the controlling document for the Agency’s cooperative agreement which funds their operations.

Apply for Membership on the Manufacturing Council

Blogged By: 
MBDA

The Department of Commerce announces the renewal of the Manufacturing Council (Council) and is currently seeking applications for appointment of up to 30 members of the Council for a two-year term to begin in December 2014. The Council advise the Secretary of Commerce on policies and programs that affect manufacturing, provide a forum to discuss and propose solutions to industry related problems, and ensure that the U.S. remains the top world destination for manufacturing in the world.

The Survey of Business Owners and Self-Employed Persons Is Key to Explaining America’s Economy

Blogged By: 
John Thompson, Director, U.S. Census Bureau
Created on September 11, 2014
 

Cross blog post by John Thompson, Director, U.S. Census Bureau

Business PeopleDid you know that there are 27.1 million non-farm businesses in America? The U.S. Census Bureau’s Survey of Business Owners and Self-Employed Persons provides the only comprehensive source of statistics about business ownership in the U.S. The Census Bureau conducts the SBO every five years. This is the first time the SBO is being conducted primarily online.

If you own a business, such as a salon or a landscaping company, you may be one of the one million Americans selected to participate in the Survey of Business Owners. Even if you do not have employees other than yourself, we want to hear from you. By participating online now, you can help provide consistent, comparable, and comprehensive statistics on U.S. business performance. For example, the 2007 SBO showed us that 5.9 percent of responding firms reported income from e-commerce – an important insight into how the Internet is shaping our economy.

Finding Success with Help from the African Development Bank

Blogged By: 
Tradeology, the ITA Blog
Created on September 9, 2014
 

This post originally appeared on the Tradeology, the ITA Blog

Kenneth R. Mouradian is the Director of the International Trade Administration’s Orlando U.S. Export Assistance Center.

With the United States continuing its focus on doing business in Africa, we are working to connect more U.S. companies with every opportunity available on the continent.

From the recent U.S.-Africa Business Forum to the upcoming DISCOVER GLOBAL MARKETS: Sub-Saharan Africa event in Atlanta, the United States has made it a priority to support U.S. companies doing business in Africa.

Register Now for DISCOVER: Sub-Saharan Africa

Disaster Loan Program Explained

Blogged By: 
SBA News
Created on September 9, 2014
 

Loan ApprovedDid you know that in the wake of a disaster, the U.S. Small Business Administration (SBA) provides low-interest disaster loans to homeowners, renters, businesses of all sizes and private, nonprofit organizations? In the aftermath of hurricanes, floods, earthquakes, wildfires, tornadoes and other disasters, SBA is the primary source of money from the federal government for long-term recovery assistance.

Am I eligible?

SBA’s Disaster Loan Program is not exclusively for small businesses. These low-interest, long-term loans are available for damage to private property owned by individuals, families, businesses of all sizes and private nonprofits not fully covered by insurance.

While property owners usually have some insurance coverage, often it does not cover all losses or even the type of hazard that caused the damage. And that’s where a disaster loan comes into play.

What can I use the loan for?

There are actually a few different types of disaster loans available. SBA can provide up to $2 million in disaster assistance for businesses.  This includes loans to cover physical damage and economic injury losses. Some applicants will qualify for both an economic injury loan and a physical disaster loan.  Meanwhile, the dollar limit for the combined loans is $2 million.

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