Good record-keeping and advance preparation will aid applying entities once the application process begins, said Tod Kniazuk, director of the Big Easy in Buffalo.
The bipartisan Covid relief package passed Dec. 28 includes the Save Our Stages Act, which provides $15 billion nationally for independent live venue operators, independent movie theaters and cultural institutions.
The Buffalo and Erie County Naval & Military Park and the Explore & More Ralph C. Wilson Jr. Children's Museum are running out of money.
"Congress should not leave for the holidays until a bipartisan relief bill is passed and signed by the president," writes Rep. Chris Jacobs.
For all the good the PPP program apparently did, the data the SBA released this week by no means painted a picture of a perfect program.
The U.S. House of Representatives passed a $1.5 trillion infrastructure bill and a measure to extend the application deadline for the national Paycheck Protection Program.
The owners of Pharoah’s Gentlemen’s Club, in a new lawsuit, claim they were improperly denied a loan through the federal government.
The U.S. Small Business Administration is launching its first online Veteran Entrepreneurial Training and Resource Network Streetwise MBA program for veterans and their immediate family members who own small businesses in New York, starting in August. It’s the second phase of the Veteran Owned Small Business Growth Training Pilot Program, which the SBA launched earlier this year in New
The federal government’s major lifeline to small businesses is out of money – after less than two weeks – and local banks and companies are worried about what that
Daniel Lundquist had barely been running his company for seven months when the state ordered nonessential businesses to shut down. The technology entrepreneur’s firm, Neural Cloud, develops mobile and web applications for businesses, using five contracted engineers. While Lundquist can work remotely, the tech industry is suffering, as clients dropped their contracts.. So when the federal government introduced two
The director of the Small Business Administration’s Disaster Assistance Customer Service Center in Buffalo is retiring. Colleen Hiam’s retirement will take effect Dec. 31. She oversees a center on South Elmwood Avenue that helps individuals and businesses apply for SBA disaster loans following hurricanes, tornadoes and other major incidents. The center currently has 93 employees. Hiam has served as
M&T Bank continues to lead the way in both loans and dollars in a key Small Business Administration loan program in the Buffalo-Rochester region. Through the first 10 months of the current federal fiscal year, M&T recorded 170 loans through the SBA’s 7(a) program, with a combined value of $19.9 million. The federally backed loans help businesses that might otherwise
The U.S. Small Business Administration’s Buffalo District Office is sponsoring a special entrepreneurial workshop for veterans designed to spur more people to start or run small businesses. The free one-day training program, dubbed “Boots to Business: REBOOT,” will be held at the State University of New York’s Fredonia Technology Incubator, located at 214 Central Ave. in Dunkirk. The program
Big business tends to grab the headlines. Amazon has sparked a fervor over the competition for a second headquarters with 50,000 jobs. Apple turned heads with its pledge to create 20,000 U.S. jobs in the next five years. Small businesses trudge along with less fanfare, but still create most of the jobs in this country. Those smaller employers took a turn in the spotlight when the head of
McMahon, who gained fame as the co-founder and former CEO of what today is known as World Wrestling Entertainment, is visiting SBA districts around the country to meet agency employees and talk to small business owners about their