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Administration Launches SBIC-E Initiative

SBA and DOE partner to advance small business innovation. The Department of Energy (DOE) and the Small Business Administration (SBA) launched the Small Business Investment Company-Energy (SBIC-E) Initiative last month. This new program…

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DOJ Launches National Fraud Detection Center

An assistant attorney general stated, “If you defraud federal programs, we have the tools and the law enforcement partners to find you.” The Department of Justice announced the formation of…

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SBA, DOL, and OpenAI Host Inaugural Manufacturing Workforce Expo

The job fair is being held at Atlantic Technical College in Coconut Creek, Florida. The Small Business Administration (SBA), Department of Labor (DOL), and OpenAI are hosting the…

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SBA Suspends Loans to Borrowers in California Over Fraud

The move comes after the agency similarly suspended federal funding to Minnesota due to widespread fraud. The Small Business Administration (SBA) announced that federal funding would be frozen…

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EPA and SBA Administrators Meet with LA Officials to Expedite Wildfire Recovery

The rebuilding process has been hampered by permitting and other obstacles. Environmental Protection Agency (EPA) Administrator Lee Zeldin and Small Business Administration (SBA) Administrator Kelly Loeffler met with…

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Treasury Department Launches Audit of Federal Contracting Practices

The review focuses on the potential misuse of small-business contracting programs. The Department of the Treasury recently announced a comprehensive audit of preference-based federal contracts totaling about $9…

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Federal Officials Announce Actions to Strengthen U.S. Beef Industry

USDA and partner agencies create measures to stabilize markets, support ranchers, and safeguard food security.  Federal officials recently introduced coordinated actions to support the U.S. beef industry and…

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SBA Investigates Contracting Abuses in Federal Small Business Program

The SBA probe follows allegations of fraudulent subcontracting and misuse of the 8(a) program. The Small Business Administration (SBA) opened an investigation last month into two companies following…

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Kelly Loeffler, Administrator, Small Business Administration

Kelly Loeffler, Administrator, Small Business Administration

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SBA Orders Lenders to End Debanking Practices

The administration sent letters to ensure institutions cease politicized denials of service. The Small Business Administration (SBA) sent letters to over 5,000 lenders last week directing them to…

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