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Latest Update on the SBA Community Navigator Funding Opportunity

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Small Business Administration first released the Notice of Funding Opportunity for the Community Navigator Pilot Program. With the July 12 application deadline fast approaching, we wanted to address a few frequently asked questions about the program and funding opportunity. What is the SBA Community Navigator Model?

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SBA Announces Community Navigator Model and Funding Opportunity

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While it appears the SBA will be applying this approach to the existing SBA-funded national network such as SBDCs, SCORE and Women Business Centers, the announcement indicates a new funding opportunity will soon open for states, tribes, units of local governments and other nonprofit organizations. What is the SBA Community Navigator Model?

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Investing In Distressed Communities. Opportunity Zones

Smart Hustle Magazine

Ramon Ray got a chance to talk with Scott Turner, the Executive Director of the White House Opportunity and Revitalization Council, which is quite a mouthful, so you can refer to it as WHORC. Opportunity Zones and What They Are. These are considered vulnerable communities, or distressed communities. . How It Helps SMB’s.

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BankTech Ventures’ Fintech Investing focuses on Community Banks

American Entrepreneurship

Funding supports innovative technology companies that are taking community banks into the future. Community Banks, defined by the Federal Reserve as having less than $10 billion in assets, totaled 4,001 in the U.S, The Fund just announced their investment commitment of $13.5 as of December 31, 2022, according to the FDIC.

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Register Now: EDA American Rescue Plan Funding Opportunities

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Last week, EDA announced six programs to equitably invest $3 billion allocated under President Biden’s American Rescue Plan. To learn more about EDA and these funding opportunities, please register for one of the informational webinars: EDA 101 and American Rescue Plan Overview 3 p.m. Indigenous Communities ($100 million).

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3 new ways to empower your entrepreneurial community

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In 2017, we shared 3 ways to empower your entrepreneurial community. Racial wealth disparity is a major barrier to thriving communities and economic growth. Creating inclusive entrepreneurial ecosystems can help close the wealth gap , as entrepreneurship offers one of the greatest opportunities for personal wealth building.

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How a Company Becomes a Pillar of Its Local Community

Revolution

At the turn of the 20th century, any number of American municipalities with similar access to talent, materials, investment, and transportation might have emerged as the beating heart of the automobile industry. Third, to become a tentpole, a company must create wealth that the whole community can feel. as do manufacturing workers.