$10B for small biz credit

      The Treasury Dept. has released guidance on implementing the new $10 billion State Small Business Credit Initiative Program intended to strengthen state programs supporting private financing to small and disadvantaged firms in response to the COVID-19 pandemic.

      Treasury will distribute grants to states and territories, and over $500 million to Native American tribes.

      Also included is $2.5 billion in seed capital for loans for socially or economically disadvantaged individuals.

      Congress also designated $500 million for very small businesses and $500 million for technical assistance.

More Information:
Treasury Guidelines: https://bit.ly/3fLCi8d

IG says SBA’s loose controls fostered massive fraud in 2020

Procurement forecasts out

GOP Reps. fiercely critique SBA for actions under Trump’s watch

Another CR?

Vax-or-test mandate ban

Affirmative Action portal to open

Are set-asides ‘zero sum’?

$10B for small biz credit

Column: Establishing Irreparable Harm in Bid Protests

Washington Insider:

Coronavirus Update