Tag: u.s small business administration
The Florida Department of Economic Opportunity (DEO) released the unemployment figures for March, showing the first indicators of the economic damage the coronavirus pandemic caused.
The bridge loan program, managed by DEO, provides short-term, interest-free loans to small businesses that experienced economic injury from COVID-19. Additionally, DEO announced the availability of business resources to help businesses recovering from the economic impacts resulting from COVID-19.
On Friday, Rubio and U.S. Sen. Ben Cardin, D-Mary., the top Democrat on the committee, sent a letter to SBA Administrator Jovita Carranza on the matter.
On Thursday, the Florida Department of Agriculture and Consumer Services issued additional guidance regarding COVID-19 for the agriculture industry, consumers, and regulated industries.
On Monday, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Committee on Small Business and Entrepreneurship, sent a letter to Jovita Carranza, the administrator of the U.S. Small Business Administration (SBA), urging the agency to issue an Economic Injury Disaster Loan (EIDL) declaration for the state of Florida to help businesses receive SBA EIDL loans that are suffering from economic injury due to the coronavirus.
On Thursday, the U.S. Senate overwhelmingly voted for a bill authorizing $8.3 billion to ready for and combat coronavirus.
On Thursday, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, and U.S. Sen. Ben Cardin, D-Mary., the top Democrat on the committee, sent a letter to Jovita Carranza, the administrator of the U.S. Small Business Administration (SBA), requesting information on the agency’s plan to ensure small businesses are prepared to respond to potential disruptions caused by the coronavirus pandemic.
The SBA’s request is a nearly 35 percent reduction from their current congressionally authorized budget. “This new budget process stifles their ability to properly budget and ultimately limits the services SBDCs can provide to America’s entrepreneurs,” Rubio’s office claimed.
While, the Small Business Administration (SBA) launched a “Boots to Business” program in 2013 with “which the SBA advises veterans, current active military personnel, spouses, and dependents on how to start their own small businesses,” Scheider’s and Spano’s bill would fully authorize the program.
From his perch as the chairman of the U.S. Senate Committee on Small Business and Entrepreneurship, this week, U.S. Sen. Marco Rubio, R-Fla., paired up with U.S. Sen. Maria Cantwell, D-Wash., brought out the “Women and Minority Equity Investment Act.”
Rubio paired up with U.S. Sen. Ben Cardin, D-Mary., the top Democrat on the committee, to unveil the resolution which was cosponsored by a host of other senators including U.S. Sen. Rick Scott, R-Fla.
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