Small Business Administration
The Croissanterie’s Journey from Truck to Two Locations
Jill McDonald and Wendy Schay grew The Croissanterie from a food truck to two brick-and-mortar locations in under four years, thanks to hard work, good timing, and support. read more >
by Jan Cottingham -
Startup Junkie to Lead Regional Lithium Center
The federal Small Business Administration selected Startup Junkie to direct the public-private initiative. read more >
A Family Business’ Blueprint for Success (Howard Hurst Commentary)
Passion, relationships and taking care of employees fuel longevity in small businesses. read more >
by Howard Hurst -
Supporting Small Businesses with SBA District Director Adriene Brown
Brown joined the Small Business Administration in April. She previously worked 13 years for the U.S. Department of Defense, where she was deputy division chief for Shared Services. read more >
Orthodox Farmhouse Brewery to Open in Washington County
Owners Ashlyn Gagnon and her husband, Jesse, are in their “final push” to open the craft brewery in Elkins by the end of this year. read more >
Entrepreneurship for All Northwest Arkansas, SBA Form Alliance
Rodrigo Salas, EforAll’s executive director, said in a news release that the SBA offers many tools and resources but many minority business owners aren’t aware of them. read more >
ASBTDC Awarded $125K Grant to Help Startups
The money will go toward specialized training, mentoring, and technical assistance for research and development-focused small businesses. read more >
Arkansas Women’s Business Center Awarded $200K to Improve Offerings
Winrock International’s Arkansas Women’s Business Center in El Dorado has been awarded a $200,000 grant to improve service delivery, training and support to women-owned businesses affected by COVID-19. read more >
SBA Administrator Visits Northwest Arkansas
Isabella Casillas Guzman, administrator of the Small Business Administration, on Friday told northwest Arkansas business owners that the agency is ready to continue helping them and wants to know about their current experiences as well as the future challenges they expect to face. read more >
by Marty Cook -
PPP Extended, Expanded to Provide More Funding (Commentary)
The Paycheck Protection Program (PPP) has been extended and expanded to provide more funding for first-time borrowers and to allow some existing borrowers the opportunity to receive additional help. read more >
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Minority-Owned Companies Waited Months for Loans, Data Shows
Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled to find banks that would accept their applications or were disadvantaged by the terms of the program. read more >
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SBA Releases Simpler Application for Smaller PPP Loans
The U.S. Small Business Administration, in consultation with the Treasury Department, recently released a simpler loan forgiveness application for Paycheck Protection Program loans of $50,000 or less. read more >
Little Rock Chamber Announces Partnership with SCORE
The Little Rock Regional Chamber announces a new partnership with the local SCORE chapter of Little Rock. read more >
ASBTDC Gets $200K Grant to Help Innovative Small Businesses
The Arkansas Small Business & Technology Development Center at the University of Arkansas at Little Rock recently received $200,000 to support innovative small businesses. read more >
SBA Loans in Arkansas Increase 111 Percent
Arkansas’ performance exceeded the national average and includes a 34 percent increase in numbers of loans, the SBA said. read more >
Are You Overlooking Potential Customers? (Heather Robinette Expert Advice)
Untapped international markets represent a viable opportunity for expansion and diversification for many Arkansas companies, including small ones. However, the narrow view of too many business owners is that exporting is an option only for larger companies or manufacturers. read more >
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Arkansas Capital Corp. Changing Funding Model
Arkansas Capital Corp. of Little Rock will no longer work with state government to provide small-business loans. For the first time in the organization’s almost 60-year history, its funding model is changing. read more >
by Mark Carter -
SBA District Office Names New Director
The U.S. Small Business Administration (SBA) Arkansas District Office named Edward Haddock as the new deputy district director. Haddock’s responsibilities will include helping boost economic development by ensuring the delivery of loan programs and business development services. read more >
by Alexis Crowe -
WooHoo! Snack Mix Finds Way to Stores
WooHoo! snack mix is founder Melinda Smith’s second foray into the specialty food industry after her accidental debut. read more >
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SBA Lending in Arkansas Rises in 2013
Good news for the state’s small business environment: The number of loans from the U.S. Small Business Administration is increasing nationwide, and Arkansas is no exception. read more >
by Luke Jones -
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