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1 min read

India-US join hands to promote cooperation in MSMEs

The landmark Memorandum of Understanding (MoU) will enable the MSMEs of the two countries to partic…

ANI   


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2 mins read

The SBA can't help business owners hit by Helene, Milton until Congress comes back post-election

The Small Business Administration can't make disaster loans to businesses, homeowners until Congres…

Catherine Boudreau   


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8 mins read

Boomers are selling off their businesses. Millennials are swooping in.

Americans over 50 own half of small businesses. The massive sell-off could be a $10 trillion opport…

Ann C. Logue   


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2 mins read

A man from Georgia blew most of his COVID-19 small business loan on a $58,000 Pokémon card, prosecutors say

Federal prosecutors say Vinath Oudomsine lied about the size of his business, and then spent most o…

Grace Dean   


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3 mins read

The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects

The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…

John Towfighi   


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5 mins read

Tech and business leaders will be looking for 3 things during the Harris-Trump debate

Industry leaders told Business Insider that they hope the candidates clarify crypto guidelines, AI …

Alice Tecotzky   


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2 mins read

Small businesses can now get up to $2 million in government loans to help them recover from the pandemic

The SBA raised the cap on Economic Injury Disaster Loans from $500,000 to $2 million for businesses…

Jennifer Ortakales Dawkins   


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2 mins read

Self-employed people are 4 times wealthier than workers, on average

Wages for American workers have been shrinking for decades. Their self-employed peers tend to have …

Juliana Kaplan   


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5 mins read

Harris can chart her own path with the top regulators — and Big Business hopes she's on their side

When it came to economic appointments, Biden was hamstrung by campaign promises. Harris isn't — som…

Alice Tecotzky   


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2 mins read

The Biden administration opened a new relief fund for restaurants. 186,200 applied in 2 days.

Biden said of his $28.6 billion Restaurant Revitalization Fund: "It looks like we'll be able to pro…

Juliana Kaplan   


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2 mins read

House passes bill to extend PPP small business aid for 2 months

The bill extends the small business lending program through May 31 while allowing loan applications…

Ayelet Sheffey   


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5 mins read

Harris and Trump face off for the first time tonight, but some corners of the business world are already over it

Kamala Harris and Donald Trump will face off on the debate stage at 9 p.m. ET, but some investors v…

Dan DeFrancesco   


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2 mins read

New business owners could get a $50,000 tax deduction under Kamala Harris's plan

Kamala Harris's next big economic proposal hinges on making it easier for you to start a small busi…

Juliana Kaplan   


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2 mins read

Meet Isabel Guzman, the SBA Administrator Biden picked to navigate 'a crossroads moment for small businesses'

The SBA position has barely made news in past administrations, but now the recovery of America's Ma…

Dominick Reuter   


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8 mins read

Private jet companies scored a pile of federal aid meant for airlines and small businesses, boosting the industry as other sectors collapsed

Private jet companies received $666 million in CARES Act funds, carrying the industry through the s…

David Slotnick   


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2 mins read

Black-owned businesses nearly twice as likely to close amid the coronavirus pandemic, New York Fed study finds

"These firms had weaker financial cushions, weaker bank relationships, and preexisting funding gaps…

Carmen Reinicke   


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2 mins read

Private jets are taking over a small-town Idaho airport for the annual 'summer camp for billionaires'

The small local airport is managing heavy private-jet traffic and logistical challenges ahead of th…

Taylor Rains,Grace Kay,Madeli…   


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2 mins read

Business owners of color seeking SBA loans now have to write an essay proving their race is a 'social disadvantage' after a judge ruled it isn't enough

In July, a federal judge ruled that race is no longer a disadvantage in America. Business owners no…

Ayelet Sheffey   


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2 mins read

As many as 14% of small businesses may lay off workers when their PPP loans run out

"Those businesses hardest hit by the crisis will likely need additional help," NFIB analysts wrote …

Carmen Reinicke   


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4 mins read

A millennial left his job to start a consulting business and booked $400k in revenue in the first year. He shares his advice on launching a startup.

Mario Vasquez Zuniga founded a consulting company in June 2023. He said getting regular meals with …

John Towfighi