Obama’s SBA rolls out entrepreneur training and microloans for formerly incarcerated individuals

Obama visits prison
Source: Whitehouse on Tumblr
This week, the leaders of the SBA, W.K. Kellogg Foundation and microlender Justine PETERSEN announced the formation of the Aspire Entrepreneurship Initiative, a groundbreaking new $2.1 million partnership to expand access to entrepreneurial education and microloans for formerly incarcerated individuals, with a specific focus on those who are parents. Initial rollout for the initiative is planned for Detroit, MI, Chicago, IL, Louisville, KY and St. Louis, MO.

“Entrepreneurship and small business ownership are proven paths toward wealth creation and financial independence especially for people who might otherwise feel trapped by their circumstances” said SBA Administrator Maria Contreras-Sweet. “America remains a land of opportunity, a place where we believe in second changes for those who have paid their debt to society. Entrepreneurship can be a ladder of opportunity for citizens who have paid that debt but are still struggling to find employment after incarceration. With the training and startup tools provided through this partnership, these American citizens can finally start to rebuild their lives and restore their relationships with their families and communities.” read more

Got an amazing success story? Submit it to the SBA for national recognition.

SBA small biz week award
Source: SBA small biz week award contest
If you are a small business owner with an amazing success story to tell – submit your story to the 2016 National Small Business Week Awards contest. Apply online by January 11 2016 at http://awards.sba.gov.

You can also apply by mail or hand deliver to the nearest SBA District Office. Postmark or hand delivery must be submitted no later than 3pm ET on January 11 2016. Winners will be announced during National Small Business Week, May 1-7 2016.

National Small Business Week award categories include:
Small Business Person of the Year Award
Small Business Exporter of the Year
Phoenix Award for Small Business Disaster Recovery
Phoenix Award for Outstanding Contributions to Disaster Recovery
Federal Procurement Award- Small Business Prime Contractor of the Year Award
Federal Procurement Award- Small Business Subcontractor of the Year Award
Federal Procurement Award- Dwight D. Eisenhower Award for Excellence
8(a) Graduate of the Year Award
Small Business Development Center Excellence and Innovation Award
Veterans Business Outreach Center Excellence in Service Award
Women’s Business Center of Excellence Award
Jody C. Raskind Lender of the Year
Small Business Investment Company of the Year read more

Women Entrepreneurs Rock event at legendary Stone Pony in Asbury Park on Mon 10/19

womenentrepreneursrock bannerTo facilitate a real dialog about topics important to women in business, the New Jersey Small Business Development Center at Brookdale Community College will hold its second annual “Women Entrepreneurs Rock” (aka WeRock) at a legendary music venue in Asbury Park on Monday, October 19. The event is free and open to the public.

19 October 19 2015
6-9pm (networking until 10)
The Stone Pony
913 Ocean Ave, Asbury Park, NJ 07712

A report in The State of Women Owned Businesses, 2014 from American Express OPEN says: read more