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Magic Johnson offering $100 million in loans to minority-owned businesses left out of PPP loans

Grow Your Business Blog
With the future of small businesses in urban communities at risk, former National Basketball Association great Magic Johnson has stepped in to offer assistance. The CEO of Magic Johnson Enterprises collaborated with MBE Capital Partners to offer $100 million in loans to minority- and women-owned companies hurt by stay-at-home orders due to Covid-19. The loans were funded through Johnson’s...

Magic Johnson offering $100 million in loans to minority-owned businesses left out of PPP loans

Grow Your Business Blog
With the future of small businesses in urban communities at risk, former National Basketball Association great Magic Johnson has stepped in to offer assistance. The CEO of Magic Johnson Enterprises collaborated with MBE Capital Partners to offer $100 million in loans to minority- and women-owned companies hurt by stay-at-home orders due to Covid-19. The loans were funded through Johnson’s...

SBA Regional Administrator Ashley D. Bell & Rapper, Entrepreneur Tip "T.I." Harris Reached over 100,000 Entrepreneurs Across the South

Grow Your Business Blog
Goal was met in reaching 100k minority entrepreneurs to discuss COVID-19 Recovery opportunities ATLANTA – Yesterday evening, May 20th at 6:00 p.m. ET, Ashley D. Bell, SBA Regional Administrator and Entrepreneurship Policy Advisor for the White House Opportunity & Revitalization Council and Tip “T.I.” Harris, rapper, entertainer, and entrepreneur hosted a successful call for entrepreneurs across...

Spotlight on Commerce: Gabriela Morales, Senior Business Development Specialist

Grow Your Business Blog
Guest blog post by Gabriela Morales, Senior Business Development Specialist, Minority Business Development Administration (MBDA) I am excited to have the opportunity to be featured during Women’s History Month. I am a Senior Business Development Specialist at the Commerce Department's Minority Business Development Agency. My job is to ensure minority-owned firms have adequate skills, tools...

Spotlight on Commerce: Gabriela Morales, Senior Business Development Specialist

Grow Your Business Blog
Guest blog post by Gabriela Morales, Senior Business Development Specialist, Minority Business Development Administration (MBDA) I am excited to have the opportunity to be featured during Women’s History Month. I am a Senior Business Development Specialist at the Commerce Department's Minority Business Development Agency. My job is to ensure minority-owned firms have adequate skills, tools...

Spotlight on Commerce: Gabriela Morales, Senior Business Development Specialist

Grow Your Business Blog
Guest blog post by Gabriela Morales, Senior Business Development Specialist, Minority Business Development Administration (MBDA) I am excited to have the opportunity to be featured during Women’s History Month. I am a Senior Business Development Specialist at the Commerce Department's Minority Business Development Agency. My job is to ensure minority-owned firms have adequate skills, tools...

Spotlight on Commerce: Gabriela Morales, Senior Business Development Specialist

Grow Your Business Blog
Guest blog post by Gabriela Morales, Senior Business Development Specialist, Minority Business Development Administration (MBDA) I am excited to have the opportunity to be featured during Women’s History Month. I am a Senior Business Development Specialist at the Commerce Department's Minority Business Development Agency. My job is to ensure minority-owned firms have adequate skills, tools...

MBDA Opportunity Zone Summits

Grow Your Business Blog
Opportunity Zones are a tool created by the Tax Cuts and Jobs Act of 2017 to spur investment on underserved areas. They offer investors a tax incentive by investing their unrealized capital gains into a designated “Opportunity Fund.” Did you know that there are $2.3 trillion of unrealized capital gains in the United States? And did you know that the average Opportunity Zone consists of 56%...

MBDA Opportunity Zone Summits

Grow Your Business Blog
Opportunity Zones are a tool created by the Tax Cuts and Jobs Act of 2017 to spur investment on underserved areas. They offer investors a tax incentive by investing their unrealized capital gains into a designated “Opportunity Fund.” Did you know that there are $2.3 trillion of unrealized capital gains in the United States? And did you know that the average Opportunity Zone consists of 56%...

Family-Owned Biz in PA Helps People Get More Sleep, while Protecting International Sales with EXIM Financing

Grow Your Business Blog
A couple in Erie, Pennsylvania found their entrepreneurial calling in 2007 when they started a business making head phones to help people fall asleep, and named it AcousticSheep LLC. They invented a comfortable ear-muff like sound system that can play music, audible books, and other sounds helpful for a restful night. The founders, Dr. Wei-Shin Lai, a family physician and her husband Jason Wolfe...