Secretary Rebecca Blank joined President Barack Obama Friday, February 1 at a
White House ceremony honoring the recipients
of the 2011 National Medals of Science and National Medals of Technology and
Innovation. These medals are presented each year by the President of the
Department of Commerce’s United States Patent and Trademark Office (USPTO) administers
the National Medal of
Technology and Innovation honoring those that deliver technologies that are
A major revision in the U.S. Small Business Administration’s Surety Bond Guarantee (SBG) Program more than triples the eligible contract amount, from $2 million to $6.5 million, the Agency will guarantee on surety bonds for both public and private contracts.
What does this mean for small businesses trying to grow?
A Los Angeles subcontractor for example, was looking to take on bigger jobs and grow its business, but needed a much larger bond to bid on and get a contract that was larger than past work it had performed.
If you’re thinking of becoming the owner of a franchise-type of business, there’s something you need to know about franchising…and you may not like it.
Now, what I’m about to share probably won’t be a game-changer if you’re really bent on buying a franchise, but you need to have as much factual information on this business model before you invest in one.
You’re going to have certain restrictions placed on you.
Do you run an overseas business? Thinking of expanding and selling into the U.S. market?
Because U.S. residency or citizenship is not required, non-U.S. citizens can readily sell into the U.S. However, many overseas business owners aren’t clear on whether they are required to incorporate in the U.S. and the associated tax implications.
Here’s what you need to know:
Should I Incorporate My Business in the U.S.?
This is a question that comes up frequently on the SBA Community Discussion Boards and there’s not a clear cut answer for all businesses.
We all have questions about the Affordable Care Act, whether it's deciphering facts from myths or trying to understand what your options for health care coverage are now and in the future.
Note: This post is authored by SBA's Presidential Innovation Fellows - Clay Johnson, Jed Wood, and Adam Becker.
Deputy Secretary Rebecca Blank visited the
Washington, D.C. Auto Show. While there, she visited various exhibits
including Ford, Toyota, Chrysler, GM, Honda, and Volkswagen. At each exhibit,
Blank spoke with representatives of each car maker and “kicked the tires” of
the models on display.
Are you a veteran-owned small business and thinking of selling to your former boss – the U.S. federal government?
Part of the mission of the SBA is to provide assistance to veterans and service-disabled veterans who return home to start, resume or grow their businesses. In addition to supporting veteran business owners through entrepreneurial training, and providing access to capital, the SBA also provides resources, tools and support to help veterans start and grow businesses through government contracting.
Yesterday, Deputy Secretary of Commerce Rebecca Blank
delivered keynote remarks at an event focused on the importance of developing a
skilled workforce in order to attract more investment and create more good
The event, hosted by German Ambassador Peter Ammon,
attracted CEOs of German-owned companies that have invested in the United
States (such as STIHL, BMW, Volkswagen, and Siemens) as well as leaders of U.S.
community colleges, universities, and think tanks.
Lenders: Help take your customers to the next level as they expand their sales overseas!