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Are you a technology startup looking for funding and opportunities for growth? The Multicultural Innovation Lab, an accelerator program hosted by Morgan Stanley, is seeking applications until January 19th from technology startups with multicultural or women entrepreneurs to jump start their company in 2018.
November is National Entrepreneurship month, a time to recognize and celebrate the successes and contributions of our nation’s entrepreneurs and express our support of them and their work in innovating and mapping the future. Established in 2012, National Entrepreneurship Month evolved from the first National Entrepreneurs’ Day in 2010. As we zero in on the holiday season, it is especially important to support the entrepreneurs in your life and community.
The National Association of Women in Real Estate Businesses (NAWRB) announces the expansion of its Small Business Sustainability Care Package with a fifth pillar, Small Claims Accountability. In December 2016, NAWRB released the Small Business Sustainability Care Package to provide accountability and sustainability to the 30 million small businesses across the nation. As small business owners encounter obstacles, NAWRB equips them with sound tools and information for success.
With limited employees, capital and resources, small businesses are hit the hardest by rigorous regulations, and the expense of compliance often poses sustainable growth roadblocks for the entrepreneurs who need it the most. The following months could prove especially pivotal for small business owners, as the possibility of new legislation and regulations grows.
Access to Credit
A vital decision on the horizon is the possible repeal of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which has constrained some mall businesses and homebuyers seeking access to credit. As data from the Federal Reserve Bank of St. Louis shows, in the six years prior to Dodd-Frank, small bank lending surpassed large bank lending by over 150 percent. In the six years after the bill’s passage, small bank lending sits nearly 80 percent below lending from large banks.
The bill’s stringent credit qualifications have arguably limited Americans in their personal and professional lives, increasing the difficulty to access business capital and home loans. The possible repeal of Dodd-Frank could mean easier access to credit for millions of businesses, increased homebuyers and a stimulated economy.
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The new CNBC/SurveyMonkey Small Business Survey reveals that small business owners hold high hopes for the future of their companies and the economy. The report’s inaugural installment analyzed a sample of 2,030 small business owners from April 17-28, 2017.
Congratulations to Jennifer Stewart-Tai, President and Founder of City Girl Prepper, for winning the InnovateHER Challenge co-hosted by NAWRB and the Small Business Administration (SBA)!
This morning, NAWRB co-sponsored the InnovateHER Innovating for Women Challenge 2017 at the Lutron Electronics Training Center in Irvine, CA. This competition is inspired by the need for innovative products and services to assist working women and their families.
NAWRB is excited to announce that we are once again co-sponsoring the InnovateHER Innovating for Women Challenge 2017 with the Small Business Administration (SBA)! The competition gives entrepreneurs across the country the opportunity to showcase their products and services while competing for up to $70,000 in prize money.
The latest research from the Association for Enterprise Opportunity (AEO), The Tapestry of Black Business Ownership in America: Untapped Opportunities for Success, assesses the economic fortitude and potential of Black-owned firms, identifies the opportunities and obstacles for these business owners and addresses the ways in which policies and investments can contribute to the success of Black entrepreneurs.
National Entrepreneurship Week is an annual campaign dedicated to recognizing the achievements and contributions of our country’s business owners. Taking place this year from February 20-24, the weeklong celebration features resources and local events providing entrepreneurs with opportunities for bottom-line growth.
Today the U.S. Small Business Administration (SBA) issued a release inviting funding proposals from state, local and tribal government agencies, institutions of higher learning and non-profit organizations to “provide ‘Boots to Business’ entrepreneurship training to service members, military spouses, and veterans.”
The SBA’s Office of Veterans Business Development (OVBD) is hosting the competition, which will allow the SBA to administer the global Boots to Business program. Providing “entrepreneurial education and training to military service members and spouses,” the program consists of an Introduction to Entrepreneurship two-day classroom course and a Foundations of Entrepreneurship eight-week, instructor led online course.
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