Friday, July 12, 2019

SBA Increases Opportunities for Idaho Women Entrepreneurs with New Women's Business Center Locations - Yahoo Finance

SBA Increases Opportunities for Idaho Women Entrepreneurs with New Women's Business Center Locations - Yahoo Finance


SBA Increases Opportunities for Idaho Women Entrepreneurs with New Women's Business Center Locations - Yahoo Finance

Posted: 12 Jul 2019 10:33 AM PDT

Idaho WBC ribbon cutting to be held on July 19 at the Idaho State Capital

WASHINGTON, July 12, 2019 /PRNewswire/ -- The U.S. Small Business Administration (SBA) announced today the ribbon cutting for the new Idaho Women's Business Center (WBC). The new center, hosted by the Idaho Hispanic Foundation, will carry out the mission of helping women entrepreneurs start and grow their businesses.  Operating under the Idaho Hispanic Foundation, the center will open two new locations in Treasure Valley and Magic Valley, with plans to secure an additional location in Idaho Falls. The University of Idaho will serve as a co-partner to the Idaho WBC.

SBA LOGO. (PRNewsFoto/U.S. Small Business Administration) (PRNewsFoto/U.S. SMALL BUSINESS ADMINIS...) (PRNewsfoto/U.S. Small Business Administrat)

"With two new locations, I am excited to announce that the SBA has expanded its network of Women's Business Centers in the state of Idaho, increasing women's access to resources that help them start and grow their businesses," said Associate Administrator for the Office of Entrepreneurial Development Allen Gutierrez. "Entrepreneurs are passionate about what they do and we want them to be confident in the SBA's resources that will help them deliver on their products or services."

The SBA WBCs are a national network of more than 100 centers that offer one-on-one counseling, training, networking, workshops, technical assistance and mentoring to women entrepreneurs on numerous business development topics, including business startup, financial management, marketing and procurement.

The new Idaho WBC ribbon cutting will take place on Friday, July 19, 2019 at 10:00 a.m. at the Idaho State Capital. With funding from the SBA, there will be two WBCs in Idaho, one in the Treasure Valley and one in the Magic Valley.

"The SBA supports Women's Business Centers throughout the nation that have helped more than two million business owners start, grow and expand their companies since the program's inception in 1988," said SBA Regional Administrator for Region X Jeremy Field. "The new WBC locations will encourage more women to seek the services offered by the SBA and join the ever-growing community of women entrepreneurs as they start their small businesses." 

"We are honored to be selected to open a new SBA Women's Business Centers in the Treasure and Magic Valleys," said Diane Bevan, president and CEO of the Idaho Hispanic Chamber of Commerce. "This is an exciting time to be part of such important work and the Idaho WBCs will proudly serve all women, cultures and communities in achieving their educational, professional and entrepreneurial goals."

In fiscal year 2018, the WBC program counseled and trained nearly 152,000 entrepreneurs nationwide.  According to the SBA's Office of Advocacy, there are 9.9 million women-owned businesses in the U.S. They employ more than eight million workers, provide more than $264 billion in wages and salaries to employees, and contribute $1.4 trillion in sales to the national economy.

To learn more about SBA's programs and services for women entrepreneurs, visit online at www.sba.gov/women, and to find other WBC locations and SBA resources, visit www.sba.gov/tools/local-assistance.

About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov .

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Release Number: 19-39                        

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SOURCE U.S. Small Business Administration

FEMA And SBA Disaster Assistance Applications Up But Still Lagging Ahead Of Deadline - WYSO

Posted: 11 Jul 2019 02:17 PM PDT

The deadline for tornado survivors to apply for disaster assistance through FEMA and the U.S. Small Business Administration is just weeks away on Aug. 19. Miami Valley officials are urging anyone in need to apply, even if they're still waiting to hear about an insurance claim.

So far, FEMA reports more than 4,000 people have sought help across the Ohio counties affected by the Memorial Day storms.

Agency numbers show more than 1,700 people have visited a Dayton-area disaster recovery center for help, and more than three-quarters of FEMA assistance applications have come from Montgomery County.

But, officials say these numbers do not reflect the need, and that many tornado survivors have yet to come forward.

FEMA spokesperson Erin Gaddis says homeowners, renters and business owners are eligible for cash grants. Displaced renters could also receive up to 18 months of rent payments.

"We want to encourage people to just get their application in, whether they are insured, underinsured, not insured at all. The state of Ohio has some specific programs as well that'll assist where maybe SBA or FEMA can't," she says.  

The SBA is offering special low-interest disaster loans for people in the tornado area.

Disaster loans of up to $200,000 are available to homeowners to repair or replace disaster damaged or destroyed real estate. Homeowners and renters are eligible up to $40,000 to repair or replace disaster-damaged or destroyed personal property. Interest rates are as low as 4 percent for businesses, 2.75 percent for nonprofit organizations and 1.938 percent for homeowners and renters, for loans with terms up to 30 years.   

The agency has so far approved more than $5 million in loans across Montgomery, Greene and Mercer counties.

Governor Mike DeWine's recent request for additional federal disaster aid to help reimburse counties for cleanup expenses is still pending. 

Applicants may apply online using the Electronic Loan Application via the SBA's secure website at DisasterLoan.sba.gov.

To be considered for all forms of disaster assistance, applicants should register online at DisasterAssistance.gov or download the FEMA mobile app.

If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362.

SBA officials are also offering Miami Valley businesses free assistance with reconstructing financial records, preparing financial statements and submitting the loan application from any of SBA's partner groups: Small Business Development Centers, SCORE, Women's Business Centers, and Veterans Business Outreach Centers. 

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