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Alabama District Office – Newsletter April 2022
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Congratulations Alabama Winners!
About National Small Business Week (NSBW) – For nearly 60 years, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America’s entrepreneurs and
small business owners. More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year. As part of National Small Business Week, the
U.S. Small Business Administration takes the opportunity to highlight the impact of outstanding entrepreneurs, small business owners, and others from all 50 states and U.S. territories. Every day, they’re working to grow small businesses, create 21st century
jobs, drive innovation, and increase America’s global competitiveness.
In honor of NSBW, R. Gregory Brown of Brown Precision, Inc has been named the Alabama 2022 Small Business Person of the Year. In addition to the state winner, the Alabama District Director,
Thomas Todt, has announced that Alice Lessmann of Signalink, Inc is the 2022 District Director Awardee.
Congratulations to both of them!
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Upcoming Events
African American and Latino American Males SBA Q&A and Program Discussion
– multiple dates
A discussion of SBA Lending Programs, to include Working Capital and Contract Working Capital, from 10:00am – 11:30am CST. The Infrastructure Bill will create Contracting opportunities for African Americans
and Latino Americans. The remaining time will be used for Q & A. After this Session, Business Owners will be able to schedule a one-on-one Session with Roderick D. Perkins to discuss and/or resolve any EIDL issues they are facing. Business Owners will also
be able to schedule a one-on-one Session with Mr. Perkins to discuss their Capital Needs.
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SBA Loans 101 & 201
– multiple dates
The goal of the programs is to inform small business owners and entrepreneurs about key eligibility, key steps to obtaining loans, how to find resources partner assistance, the details of each SBA loan program and how to improve likelihood of approval. Are
you interested in attending? They do not need to be taken in any order – alternating every Thursday at 10:00am CST. Register today while the programs continues.
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Alabama – Resources for Veteran Entrepreneurs
Presented by the Alabama District Office from the U.S. Small Business Administration (SBA): Join us for a
virtual panel discussion to learn about economic development resources for veteran’s living in Alabama. Listen to special guest speakers from the SBA, the Veteran’s Business Outreach Center (VBOC), the U.S. Department of Veteran’s Affairs -Readiness
and Employment Office, and possibly others to learn about support programs for veterans and military personnel who are interested in self-employment and starting businesses.
Event details
Tuesday, May 24, 2022
12:00 pm – 1:00 pm CST
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Highlighted Resources
About Ascent:
Ascent offers eight essential journeys to assist women business owners with strategies toward growth and success, including
Disaster & Economic Recovery, Strategic Marketing, Your People,
Your Business Financial Strategy, Access to Capital, and Government Contracting. Each journey contains content and tools needed to grow your business. Additional topics will be added over time.
Veterans Business Outreach Center (VBOC)
The
VBOC is located at Mississippi State University but provides services to veterans in Louisiana, Mississippi, and Alabama. Check out events like
“Boots to Business” coming to Alabama in various locations and virtually!
Disaster Recovery – Alabama
Deadlines for Local Disasters are Approaching
If you are a business owner who lives in Bibb, Blount Greene, Hale, Marengo, Tuscaloosa or Perry counties AND your business was impacted by the
Tornado that
occurred on February 3, 2022, then you may be eligible for a disaster loan. Physical Damage loan application deadline is
May 6, 2022 and the disaster injury disaster loan (EIDL) application deadline is
December 7, 2022.
If you are a business owner who lives in Mobile or Washington counties AND your business was impacted by the
Rain
or Flash Flooding that occurred on April 10, 2021 – June 17, 2021, then you may be eligible for a EIDL. The EIDL application deadline is
May 13, 2022.
If you are a business owner who lives in Baldwin, Bibb, Conecuh, Covington, Fayette, Greene, Hale, Jefferson, Monroe, Pickens, or Walker counties AND your
business was impacted by Tropical
Storm Claudette that occurred on June 19, 2021, then you may be eligible for a disaster loan. EIDL application deadline is
April 22, 2022.
Each year, the SBA provides billions of dollars in low-interest, long-term disaster loans to help small businesses, homeowners, and renters recover from declared disasters. Loans may cover: real estate, personal property, economic injury, machinery & equipment,
inventory, and active duty military.
See all disaster declarations
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