The 42-day government shutdown deepened an already growing crisis for minority- and women-owned small businesses, erasing billions in economic output and halting critical programs that support SEDI entrepreneurs. Eric Morrissette argues that reopening the government must now serve as a broader act of renewal, rebuilding trust and restoring the agencies essential to inclusive economic growth.
Tag: Small Business Administration
Posted inBUSINESS
Government contracts can be game-changers for small and minority-owned businessesÂ
Government contracts can be transformative for small and minority-owned businesses, offering consistent work, credibility, and growth opportunities, and are particularly important for minority-owned businesses as they provide access to government-endorsed opportunities and resources.
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Five first steps to start a company
Starting a business requires a comprehensive business plan, adequate financing, determination of the legal structure and registration with the IRS, and seeking legal assistance to determine the best structure for your business.
Posted in!Front Page, !Front Page Baltimore News, Transportation
President Joe Biden visits Baltimore to assess Key Bridge collapse and recovery efforts
By Alexis Taylor AFRO Managing Editor President Joe Biden visited Baltimore on April 5, reiterating a federal commitment to help Maryland fully recover from the March 26 collapse of the Francis Scott Key Bridge, reopen the Port of Baltimore to full capacity and support those affected by the accident. Biden’s visit included an operational briefing […]
Posted inBaltimore Community
Resources for businesses deployed in wake of Key Bridge collapse
The Small Business Administration, the City of Baltimore, and the United Way of Central Maryland have stepped in to provide aid to affected businesses after the collapse of the Francis Scott Key Bridge.
Posted in!Front Page Baltimore News, Afro Briefs, Baltimore Community, Baltimore Government, Baltimore News, Homepage Slider, Mayor Brandon Scott, News, NEWS, POLITICS, Politics, Uncategorized
Temporary channel opens as authorities strive to clear Key Bridge wreckage
By Megan Sayles, AFRO Business Writer, msayles@afro.com It is still unclear when the rubble of the Francis Scott Key Bridge and the Dali container ship will be removed from the Patapsco River following the structure’s collapse on March 26. The Unified Command spent 10 hours cutting and lifting a 200-ton piece of the North section […]
Posted inCommentary
Small Business Saturday paves the way for holiday sales success
By John Fleming, SBA Mid-Atlantic Regional Administrator Turkey, stuffing, family and friends. Thanksgiving is that special time of year when loved ones gather from near and far to share for what and whom they are thankful, all topped off with cranberry sauce and a slice of pie. Once the dishes are put away and tryptophan […]
Posted inBUSINESS
Spend with those who serve: four Black, veteran-owned businesses to support today
By Megan Sayles, AFRO Business Writer, msayles@afro.com Veterans owned more than 1.9 million businesses and employed more than 5.2 million Americans in 2018, according to the Small Business Administration (SBA). As they have devoted their lives to serving their country, it’s only right that the country in turn patronizes their businesses. “Veterans are sometimes forgotten […]