Feds: Small business loans to diverse owners increase across eastern Pa. | Thursday Morning Coffee
The U.S. Small Business Administration's Eastern Pennsylvania District, which is made up of 40 of Pennsylvania's 67 counties, reported that the SBA 7(a) loan, its standard small business loan program, saw "significant gains" in loans to underserved communities over the past year.
Wolf announces $145 million COVID-19 grant fund for small businesses
Pennsylvania businesses that have been battered by the pandemic received a holiday surprise on Wednesday, when Gov. Tom Wolf announced he would skim $145 million from a state insurance fund to create a new grant program for struggling firms.
Pa.’s small businesses are stronger – and alive today – because of digital services | Opinion
Digital programs allow businesses to build a flexible model that gives workers the freedom to structure their work in a way that fits their lifestyle needs.
Pa. awards $96 million in first round of COVID-19 relief grants to small businesses
There were nearly 50,000 applicants for the first round of grants, CDFI officials said, showing the need for assistance. Ultimately, 4,933 recipients were chosen.
With focus on diversity and inclusion, Pa. rolls out new contractor policies
The three-fold changes to Wolf’s 2015 Diversity, Inclusion and Small Business Opportunities in Commonwealth Procurement and in Pennsylvania’s Economy executive order are attempting to improve opportunities for minority, women, LGBTQ, veteran and disabled-owned businesses to compete for state government contracts, the administration said.
Federal coronavirus aid posed barriers to rural small businesses, lawmakers hear
Rural small businesses have largely missed out on federal coronavirus assistance and many may not survive without another round of aid tailored to small-town and agricultural enterprises, members of a U.S. House small business subcommittee heard Wednesday.
Former LG GOP hopeful Bartos finds second act helping small biz thru COVID-19 | Friday Morning Coffee
"This has been the most profound thing I've ever done," Jeffrey Bartos, the former 2018 GOP LG candidate said in an interview of his new effort.
Acknowledging losses, Wolf announces $60M loan program for Pa. small businesses
The Wolf administration says it’s rolling out a new $60 million loan program to help the scores of small businesses that have been hard hit because of the COVID-19 pandemic. The new COVID-19 Working Capital Access Program or CWCA, would award loans of up to $100,000 to for-profit businesses with 100 or fewer full-time employees, […]