Fun Facts about Halloween 2016

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Halloween is just around the corner! Before we know it kids will be dressed in their favorite costumes stuffing their pillowcases and jack-o’-lantern pails with magnificent amounts of candy. Today, the Census Bureau released their latest Profile America Facts for Features with Halloween as the subject.

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Protect your Small Business from Cyber Attacks

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October is National Cybersecurity Awareness Month, an annual campaign established by the Department of Homeland Security (DHS) to raise awareness about and educate the public and business owners on cybersecurity. Having secure systems is important for all businesses, including small ones that may not feel at risk of cyber attacks due to their small size.

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SBA to Announce New Research Findings on Diversity Trends in Small Business Investing

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The U.S. Small Business Administration (SBA) has announced that on Thursday, October 13, Maria Contreras-Sweet, Administrator for the U.S. Small Business Administration (SBA), will release research findings from a recent SBA study conducted by the Federal Research Division of the Library of Congress on diversity-related trends in small business investing.

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SBA Proposes Changes to SBIC Early Stage Program

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Today the U.S. Small Business Administration (SBA) released proposed changes to its SBIC Early Stage Program, a feature of the Small Business Investment Company (SBIC) Program.  SBA has proposed a number of regulatory changes that seek to broaden access to the Early Stage Program and strengthen the impact of SBIC’s on early stage small businesses.

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The Inside Scoop on Small Businesses

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Yesterday, the U.S. Small Business Administration (SBA) Office of Advocacy released an update with new comment letters, Requests for Comments (RFC) and, interestingly, new research. This new research presents an update on the state of small businesses in the increasingly competitive American marketplace.

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Popular App Saves Small Business

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A struggling Washington ice cream shop has reaped the benefit of the new Pokemon GO app craze. This is the story of owner Gary Dear and Mad Hatter’s Ice Cream in Anacortest. Located just across the street from one of the app’s “Poke-stops,” which players visit to collect Pokeballs and other app items, the small business is being saved by the hundreds of weekly visitors who see the shop across the street and can’t resist stopping in for a frozen treat.

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New Changes to SBA Mentor-Protégé Program

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The Small Business Administration’s (SBA) 8(a) Business Development (8(a) BD Mentor-Protégé Program is crafted to enable successful companies to provide “forms of business development assistance” to 8(a) Program Participants. The program’s goal is enhancing the capacity of participants to “be competitive, achieve entrepreneurial success and contribute to the U.S. economy.”

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DOL Helps Overtime Workers, Hurts Small Businesses

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Last year, the Department of Labor (DOL) issued a Notice of Proposed Rulemaking (NPRM) focused on increasing the overtime eligibility for millions of Americans currently classified as exempt workers. With the proposed rule, the salary threshold for employees eligible for overtime pay would change from $23,660 to $50,440 in 2016 and be updated every year.

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Small Business Week Day 3

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National Small Business Week continues today as the Small Business Administration (SBA) travels to Atlanta, where Deputy Administrator Doug Kramer and small business experts address the current and future small business field, and New York, as Administrator Maria Contreras-Sweet and Mike Muse connect with and describe the opportunities for millennial entrepreneurs.

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