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Massachusetts District Office  

u s small business administration

SBA Massachusetts October Newsletter

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LEAF’s mission is to promote human and economic development by providing financing and development assistance to cooperatives and social purpose ventures that create and save jobs for low-income people.

LEAF lends nationally, with a focus on community-owned natural food cooperatives that create high quality jobs and provide access to healthy food in urban and rural communities; low-income cooperative housing developments; and worker-owned firms and other community-based businesses and social enterprises. Since its founding over 30 years ago, LEAF has invested and leveraged over $122 million, resulting in the creation or retention of more than 10,300 jobs.

In addition, LEAF provides capital advisory services and other technical assistance to small businesses in the Greater Boston Area. For more information on that program, please visit the Elevate Small Business website.


NEWS RELEASE: SBA Administrator Guzman Announces $7.2 Million in PRIME Grants to Help Emerging Micro-Entrepreneurs Gain Access to Capital 

Grants Will Help 38 Small Business Support Organizations Provide Technical Assistance and Training Services to Economically Disadvantaged Businesses, Rural Small Businesses, and Foreign Language Entrepreneurs  

Release Date: September 22, 2022               
Release Number: 22-78

WASHINGTON  Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, announced a $7.2 million grant award to 38 organizations under the Program for Investment in Micro-Entrepreneurs (PRIME), a $1.7 million increase, up 30% from last year’s allocated $5,500,000 in funding. The PRIME award will support these nonprofit organizations as they help low-income entrepreneurs get financing to establish and expand their small businesses or provide capacity-building training for other organizations that provide capital to underserved small businesses.   

In line with the President’s mission of creating an economy that works for all, Administrator Guzman has led the SBA to prioritize equity through all its offerings and increasing support for entrepreneurs from underserved communities at each stage of the entrepreneurship journey. PRIME helps execute the above strategic goals and others outlined in the Agency’s Equity Action Plan, aimed at lowering barriers to accessing capital while deepening engagement with trusted community organizations.  

“Our SBA PRIME grants provide critical support for nonprofit organizations that are delivering needed technical assistance and training to America’s small businesses so they can continue to power our nation’s strong economic recovery and transition to strong, stable growth,” said SBA Administrator Guzman. “This year, the SBA focused our PRIME grant selection process on our nonprofit partners who can best bring federal resources to life, especially in the regions and communities where they are needed most. I look forward to working with these organizations as they help us connect America’s entrepreneurs with the capital they need to start, grow and build resilient businesses.”  

Congress established PRIME as part of the Program for Investment in Microentrepreneurs Act of 1999. Grant funds will be made available on September 30, 2022, and the project period for each grant is one year. The SBA placed special emphasis in this year’s competition on projects that will offer training and technical assistance to strengthen economically disadvantaged businesses, particularly those that service entrepreneurs in rural areas and foreign language-speaking small business owners.  

The PRIME grants range from $75,000 to $250,000 and typically require at least 50 percent in matching funds or in-kind contributions. 

For more information on the SBA’s PRIME grants and a list of this year’s grantees, visit www.sba.gov/document/support-prime-grantees.   

 


Fire

#DYK a fire can become life-threatening in just 2 minutes? Make sure you have an evacuation plan in place for your employees. Learn more:
Emergency Response Plan | Ready.gov

Upcoming Events

10/25 How Small Businesses Can Afford Health Insurance in Massachusetts

Health Insurance


Tuesday, October 25th / 1:30PM

 

REGISTER

 

Your business has made attracting and retaining great employees a priority, and part of that effort includes offering high-quality health insurance to your team.

Learn how to find comprehensive, affordable health insurance for your company during this presentation.

The session is hosted by the SBA in Massachusetts and delivered by Health Connector for Business, state’s health insurance exchange for small businesses with 50 or fewer employees in Massachusetts.

By working with Health Connector for Business, you can empower your company to provide affordable, quality health insurance, while delivering the flexibility to employees to choose the plan that best meets their needs.

Save money by shopping plans, on average employers are saving 20 percent on premiums when they shop and compare through Health Connector for Business, and the ConnectWell program provides an additional 15 percent rebate to employers. If you need help, a certified broker can help you select a plan and enroll.


 

Wednesday 10/19/22 / 5:30pm – 6:30pm
Writing a Business Plan Part 2 – The Business Description

Thursday 10/20/22 / 12:00pm – 1:00pm
Business Foundation – Legal Business Entities

Thursday 10/20/22 / 11:00am – 12:00pm
Speed Date a Database! Business Databases at the Salem State Library

Thursday 10/20/22 / 2:00pm – 4:00pm
Global Trade Economic and Regulatory Outlook

Thursday 10/20/22 / 9:00am – 12:00pm
Basics of Starting Your Business

Tuesday 10/25/22 / 11:00am – 12:00pm
2022 PTAC Webinar: PTAC Intro to Doing Business with the Federal Government

Tuesday 10/25/22 / 1:00pm – 2:30pm
Business Plan Basics – CWE Central MA – Live Webinar

Tuesday 10/25/22 / 5:00pm – 7:30pm
Funding Your Business – Central MA – Live Event

Tuesday 10/25/22 / 9:00am – 10:00am
SBA 8(a) Business Development Program

Tuesday 10/25/22 / 11:00am – 12:00pm
2022 PTAC Webinar: PTAC Intro to Doing Business with the Federal Government

Wednesday 10/26/22 / 11:00am – 12:00pm
MA SBA Virtual Café: No-Fear Government Contracting

Wednesday 10/26/22 / 10:00am – 11:00pm
Quickbooks Intro, Set Up and Problem Solving

Wednesday 10/26/22 / 5:30pm – 6:30pm
Writing a Business Plan Part 3 – Location and Facilities

Thursday 10/27/22 / 6:00pm – 7:00pm
Business Strategy for Growth – CWE Central MA – Live Webinar

Thursday 10/27/22 / 6:00pm – 9:00pm
Simple Steps for Starting Your Business – Financial Matters


10/19 & 10/20 CWE Women Business Leaders Conference

New


October 19th and 20th

 

REGISTER


Join us for CWE’s third Virtual Women Business Leaders Conference featuring the Women of Color Business Summit, on October 19 and 20, 2022.
 This is our premier educational and networking event for women business leaders and supplier diversity professionals. This year’s event will feature:

  • Workshops and panel discussions led by knowledgeable experts
  • Women of Color Business Summit (October 20) includes forums, panels and workshops specifically addressing the needs of women of color entrepreneurs and business leaders of color
  • Keynote Speakers 2022 (cweonline.org)
  • CWE WBENC Meet and Greet. Exclusive, invite-only session for WBENC-Certified businesses.
  • Ample opportunities to network and make new connections 

To view the entire agenda please click here


10/26 MA SBA Virtual Café: No-Fear Government Contracting

Government  Contracting Programs, visit sba.gov/contracting


Wednesday, October 26th / 11AM

 

REGISTER

 

Join Outreach and Marketing Specialist Caroline Williams from the MA SBA office and Michelle Simoes from the Procurement Technical Assistance Center as she and guests talk about getting started with government contracting at both federal and state levels. Learn from contracting experts and small businesses who have navigated this process before. Let us help you start, grow, and expand your small business without fear.


ACCEPTING NOMINATIONS UNTIL 12/8!

Illustration of a trophy with text, 2023 National Small Business Week Awards. Now accepting nominations. The SBA logo is included.


INSTRUCTIONS TO NOMINATE


Email
the following information to: norman.eng@sba.gov and CC the business owner

  • Nominator: Full Name /Phone /Email
  • Award Nominee: Contact Full Name/ Business Name / Website / Phone / Email
  • Nomination Summary: Which category? How do they fit the criteria?
  • SBA District Office will contact the nominee to submit a package

(SELF-NOMINATIONS ARE ACCEPTED AND INDIVIDUALS MAY SKIP ABOVE STEPS AND JUST UPLOAD THEIR COMPLETED PACKAGES IF THEY PREFER.)

Where are the nominations to be sent? All nominations must be submitted electronically to their SBA state district office BOX ACCOUNT HERE by: 3:00 P.M. on December 8, 2022.

 

2023 Award Categories

National Awards

  • Small Business Person of the Year
  • Small Business Exporter of the Year

Massachusetts District & New England Regional Awards

  • Jeffrey Butland Family Owned Small Business
  • Minority Small Business Owner
  • Veteran Small Business Owner
  • Woman Small Business Owner
  • Microenterprise
  • Young Entrepreneur (30 or under on June 1st 2022)
  • Small Business Manufacturer
  • Homebased Business Champion
  • Financial Services Champion

10/26 SCORE Cape Cod Chapter’s Small Business Awards Event 2022

New


Wednesday, October 26th / 8:00am  

REGISTER

 

Join us for the 29th Annual Small Business Awards Breakfast as we recognize our Small Business, Nonprofit and Small Business Champion of the Year as well as the Chambers of Commerce Small Business Excellence awards winners. New for 2022 will be a panel of small business owners and lenders who will share their insights into issues and solutions facing small business owners on the Cape & Islands.


11/2 REGISTER NOW: NATIONAL VETERANS SMALL BUSINESS WEEK EVENT

Vets


Wednesday, November 2nd 9AM-11:30AM

REGISTER

JOIN US!  Wednesday, November 2nd from 9:00AM to 11:30AM EST for this Veterans Business Support Workshop

In this VIRTUAL workshop, you will learn about the U.S. Small Business Administration, its’ Resource Partners, and free support services available to help you start and grow your Veteran-owned business.

We will also have an SBA Lender Panel explaining how to access capital and you will hear from Veteran Business Owners on their challenges and success. 

All are invited to join, you don’t have to be a Veteran.

Program:

  • Mike Vlacich, SBA New England Regional Administrator, will provide opening remarks
  • SBA Overview: Lisa Welch & Carlos Hernandez
  • SBA Resource Panel: Northeast SCORE Co-Chair, Betsy Harper; Northeast SBDC Director, Nancy Gerardi; VBOC New England Director, Jennie Murphy
  • SBA Lender Panel: Jugmi Rao, TD Bank; Charles Smith,  Community Teamwork; Paul Roucco, Eastern Bank
  • Veteran Owned Business Panel: Hear from three Veteran Owned Small Businesses
  • SBA Contracting Overview: Susan Lourie, Business Opportunity Specialist

Government Contracting and Business Development

Government contracting

 

Tuesday 10/25/22 / 9:00am – 10:00am
SBA 8(a) Business Development Program

Tuesday 10/25/22 / 11:00am – 12:00pm
2022 PTAC Webinar: PTAC Intro to Doing Business with the Federal Government

Wednesday 10/26/22 / 11:00am – 12:00pm
MA SBA Virtual Café: No-Fear Government Contracting


Gov Contracting


Get weekly information on eligibility assistance for HUBZone certification

Members of the HUBZone team answer questions on a weekly basis to help firms navigate the certification process.

When

Tuesdays and Thursdays from 2-3 p.m. E.T.

How

Find a local number, or call 208-391-5817 and enter Skype conference ID #278449067

For PDF versions of information about the HUBZone Program and related improvements, select the HUBZone Fact SheetProgram Improvements, and  SBA’s latest FAQs.

Learn How to Apply to Get Certified as an 8(a)BD Small Business

Microsoft Teams 8(a)BD “Straight Talk” meeting Public Access

Members of the 8(a) team answer questions on a monthly basis to help firms navigate the certification process, including program benefits and eligibility requirements for 8(a) certification.

When

Third Wednesday of each month – 2:00p.m. to 3:00p.m. (ET)

How

Call 202-765-1264 (Washington, DC) and enter phone conference ID#: 217 121 169

 


7J

7(j) training, provided to eligible firms and their employees, includes very specialized training in the areas of federal contracting. The training will be provided in an online format with live instructors and the ability for students to participate and ask questions. Up to 40 participants per workshop will receive training on how to make “real world” business decisions that will facilitate their firm’s success.

Please check out the 7J training schedules for Bidspeed below. 

BIDSPEED

Through SBA Cooperative Agreement contract #SBAGC7J200001-02-00, will be providing hands-on, interactive, virtual training that will assist companies with doing more business with the Federal Government. These webinars will assist companies with necessary fundamentals to help them obtain and win more business in the Federal Marketplace in FY22. If your company wants to win a Government contract you should plan to attend.  Anticipated length of these training webinars is approximately 45 minutes.

View the full training schedule at https://fedbidspeed.com/sba-grant/        

NetQuarry’s unique Bidspeed Platform provides complete access to up-to-the-minute data on Federal opportunities, forecasts, recent awards, expiring and renewing contracts all combined with technical assistance and training that includes best-practice knowledge and processes.  The Bidspeed Platform will help small business concerns better understand the Federal procurement landscape, better allocate their marketing and business development resources, and make more timely decisions that increase teaming opportunities and lead to winning new Federal contracts and is a unique solution that provides empirical intelligence specifically designed to combine data from multiple data sources into a single actionable product for small business contractors.  NetQuarry’s Bidspeed Platform uniquely brings together many sources of data across the Federal marketplace in one place, including data from FPDS, SAM, FBO, SBIR/STTR, NAICS, and Grants.gov, that will help small businesses better understand and manage their business development efforts.

If you have questions about any of these upcoming webinars or how to register for them, please contact Allen Shipes by phone at 405-202-7589 or by email at allen.shipes@fedbidspeed.com.

BidspeedBidspeed 2



cwe

Apply now to CWE’s Spanish-Language Programs!

Are you looking to grow an existing business? Do you have a business idea and want to know how to develop it?


CWE
, in collaboration with Surfside Capital Advisors, as its technical assistance provider, have the pleasure to announce the launch of Spanish-language programming

10 WEEKS TO CREATE YOUR BUSINESS PLAN.”

AND “ONE TO ONE STRATEGIC BUSINESS CONSULTING”

These programs are for all who want to have a successful business, regardless of the stage you are in formation, start-up, growth, development, or expansion

Program- 10 Weeks to Create Your Business Plan

Aimed at potential business owners who are defining or beginning to formalize their business and need the support of expert consultants to develop their strategic business plan.

What benefits do the programs offer?

→     Develop a business plan supported by CWE Surfside Capital Advisors consultants.

→     CWE-sponsored subscription to LivePlan, an online, interactive tool to help you write your business plan.

→     Option to continue with personalized consulting to address a specific area of your project or access capital (the business plan must be completed)

Program – One to One Strategic Business Consulting

This program is aimed at all business owners who want to: increase sales, stabilize cash flow, improve their finances, digitalize processes, develop digital marketing strategies, or prepare to obtain access to capital, among other needs.

What benefits does the program offer?

→     Personalized consulting focused on solving or developing a critical element of your business.

→     Immediate execution of the strategies with the resources that your business has today: people, equipment, system, and capital

→     Flexible hours adapted to your own schedule.

To learn more about the programs visit and register at CWE www.cweonline.org/EnEspanol  

The program is free for all participants. Applications are open now!

 

 

cwe2

¡Inscríbase en los programas de CWE en español!

¿Tienes un negocio y necesitas estrategias para crecer tu empresa? ¿Tienes una idea de negocio y quieres saber cómo desarrollarla?

 

CWE, en colaboración con Surfside Capital Advisors, tiene el placer de anunciar el lanzamiento de los programas en español:

10 SEMANAS PARA CREAR TU PLAN DE NEGOCIOS”

UNO A UNO ASESORÍAS ESTRATÉGICAS DE NEGOCIO”

Ambos programas, completamente gratuitos, están dirigidos a las todas las mujeres que tienen como meta un negocio exitoso, sin importar la etapa en la que se encuentre.

Programa- 10 Semanas para crear su Plan de Negocios

Dirigido a potenciales dueñas de negocio que están definiendo o comenzando a formalizar su empresa y necesitan el apoyo de consultores expertos para desarrollar su plan estratégico de negocios.

¿Qué beneficios ofrecen los programas?

  • Desarrollo de un plan de negocios con el apoyo de los consultores expertos.
  • Suscripción a LivePlan, una herramienta interactiva que lo ayudará a crear su plan.
  • Opción de continuar con asesorías personalizadas para atender un área de su plan.

Programa – Uno a Uno Asesorías Estratégicas de Negocio

Dirigido a las dueñas de negocio que quieren ejecutar acciones para: aumentar las ventas, estabilizar el flujo de efectivo, mejorar sus finanzas, estrategias de marketing digital, tener acceso a capital, entre otros.

¿Qué beneficios ofrece el programa?

  • Consultorías personalizadas enfocadas en resolver solventar o desarrollar elementos críticos de su negocio.
  • Ejecución inmediata con los recursos que hoy tiene disponible: personas, equipos, sistemas y capital.
  • Horario flexible y adaptado a su tiempo.

Para conocer más acerca de los programas y aplicar visite www.cweonline.org/EnEspanol


WHERE CAN I GET HELP?

Please direct all other inquiries and questions to our District Office email at:

MassachusettsDO@sba.gov

FREE and confidential counseling services are available across the Commonwealth. 

 

Virtual education, training and networking sessions are happening daily.

 

Please schedule a virtual session with any of our Resource Partners below…


Resource Partner Network

MSBDC


WE ARE OPEN FOR BUSINESS!

Staff are working remotely and can be reached via email or telephone. MSBDC is committed to supporting entrepreneurs during these very challenging times.

MSBDC advisors can assist businesses with disaster loan applications.

If you are not currently a client and would like to speak with a counselor, please find your region and reach out to the REGIONAL OFFICE SERVING YOU.

Berkshire Regional Office
33 Dunham Mall, Suite 103
Pittsfield, MA 01201
413-499-0933 | Fax: 413-499-3005
www.msbdc.org/berkshire

Central Regional Office
Clark University
The Carriage House, 125 Woodland Street
Worcester, MA 01610
508-793-7615 | Fax: 508-793-8890
www.clarku.edu/offices/sbdc

Northeast Regional Office  (SPANISH-SPEAKING COUNSELOR)
Salem State University
121 Loring Avenue, Suite 310
Salem, MA 01970
978-542-6343 | Fax: 978-542-6345
www.salemstate.edu/sbdc

Procurement Technical Assistance Center
Scibelli Enterprise Center
1 Federal Street, Building 1
Springfield, MA 01105
413-545-6303 | Fax: 413-737-2312
https://www.massptac.org

Southeast Regional Office
200 Pocasset Street
Fall River, MA 02721
508-673-9783 | Fax: 508-674-1929
www.msbdc.org/semass

Western Regional Office
Scibelli Enterprise Center
One Federal Street, Building 101
Springfield, MA 01105-1160
413-577-1768 | Fax: 413-737-2312
www.msbdc.org/wmass

 


SCORE

Reach out to other SCORE CHAPTERS throughout the state below.

SCORE Boston Chapter

SCORE Worcester Chapter


SCORE Northeastern Massachusetts Chapter


SCORE Southeastern Massachusetts Chapter


SCORE Western Massachusetts Chapter


SCORE Cape Cod Chapter


SCORE Rhode Island (Serving Fall River, New Bedford)

 


CWE

Eastern Massachusetts Center – Boston
44 School St., Suite 200
Boston, MA 02108
www.cweonline.org

Central Massachusetts Center – Westborough
69 Milk St., Ste. 217
Westborough, MA 01581

Veterans Business Outreach Center of New England (VBOC of NE)
132 George M. Cohan Blvd.
Providence, RI 02903
Veterans Business Outreach Center (VBOC) (cweonline.org)


Disclaimer: The SBA does not endorse the organizations sponsoring linked websites, and does not endorse the views they express or the products/services they offer.  All programs and services are extended to the public on a nondiscriminatory basis.