article thumbnail

The SBA Needs To Get It’s Act Together On The PPP

VC Adventure

The SBA’s implementation of the Payroll Protection Program (PPP) has been a mess. The intention was to provide needed relief to businesses that were impacted economically by the COVID-19 crisis. The Paycheck Protection Program was established by the CARES Act to help small businesses keep paying their workers.

SBA 79
article thumbnail

Government Grants for Small Business Startups: Finding and Applying for Them

Board Effect

Government grants for small business startups are plentiful if you know where to look for them. Federal, state, and local governments offer many grants for various types of businesses to help boost the economy. Grants provide valuable opportunities to kickstart your business, fund new initiatives, or weather challenging times.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Thoughts For VC Backed Companies Considering SBA/PPP Loans

Feld Thoughts

My partner Seth Levine recently put up an extremely thoughtful post titled SBA PPP Loans Aren’t for Everyone. The other is an OpEd for CNBC written by Seth and Elizabeth Macbride titled Stampede for emergency loans is crushing lenders, putting millions of small businesses at risk. Here are steps to fix the system.

SBA 229
article thumbnail

The Basics of Small Business Loans [WEBINAR]

Up and Running

What do you need to know about small business loans before you apply? You have a lot of options, and there are a lot of variables in the equation that determines whether you’ll qualify for the loan you’re applying for (or whether that loan is even a good fit for you and your business). Scott: Hi everybody.

article thumbnail

7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

According to recent statistics from the Small Business Administration (SBA), this approach still accounts for 99 percent the businesses out there today. As the total owner of your own small business, you have maximum control of where and how to spend your time and money.

article thumbnail

How to Get Funding for a Business

Up and Running

For example, many ongoing businesses have access to standard business loans from a traditional bank that would not be available to startups. Also, high-tech high-growth startups have access to investment funding that would not be available to stable, established businesses that show only slow growth.

SBA 161
article thumbnail

Funding for Women-Owned Businesses

Women Entrepreneurs Can

Targeting funding opportunities aimed specifically at women-owned businesses should be a priority funding strategy of any women-led startup or small business. Not only do such funding sources focus on women-owned businesses, they also tend to offer more favorable terms. US Small Business Administration (SBA).

SBA 97