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California Governor Jerry Brown has signed the New Parent Leave Act (SB 63) enabling 2.6 million small business workers to take 12 weeks of unpaid family leave without having to worry about losing their jobs. The new bill will go into effect on January 1, 2018.
October is National Women’s Small Business Month, dedicated to celebrating the contributions and successes of our nation’s women small business owners. The 10 million women-owned businesses in the U.S. hold tremendous value, generating $1.4 trillion in revenue and employing 8.4 million people, according to the National Women’s Business Council (NWBC).
October is National Cyber Security Awareness Month (NCSAM), an annual campaign dedicated to raising awareness of cyberattacks and the importance of cybersecurity. Launched in October 2004 by the U.S. Department of Homeland Security (DHS) and the National Cyber Security Alliance (NCSA), NCSAM features initiatives and events designed to educate public and private sector partners on the tools and resources required to stay safe online.
The U.S. Small Business Administration (SBA) has launched a new lending tool helping connect small businesses and lenders. The new tool, Lender Match, connects entrepreneurs to over 800 SBA lenders in an effort to increase access to capital. The program is an upgrade to LINC (Leveraging Information and Networks to access Capital), which was introduced as a pilot in 2015.
The U.S. Small Business Administration’s (SBA) has announced that it has awarded a combined $5 million in grants to 34 community-based organizations that assist disadvantaged entrepreneurs through its Program for Investment in Micro-Entrepreneurs (PRIME).
The Survey of Consumers from the University of Michigan reveals that consumer confidence grew substantially in the first half of August. From July to August of this year, the Index of Consumer Sentiment increased from 93.4 to 97.6 percent, marking an 8.7 percent increase from August 2016.
The National Association of Women in Real Estate Businesses (NAWRB) announces the expansion of its Small Business Sustainability Care Package with a fifth pillar, Small Claims Accountability. In December 2016, NAWRB released the Small Business Sustainability Care Package to provide accountability and sustainability to the 30 million small businesses across the nation. As small business owners encounter obstacles, NAWRB equips them with sound tools and information for success.
Tomorrow, July 21, 2017, the Dodd-Frank Wall Street Reform and Consumer Protection Act will have its seventh anniversary. The Act has not been stranger to controversy, with some arguments claiming the act hinders Americans and others asserting it promotes growth under safe regulatory practices.
In this session moderated by Desiree Patno, CEO & President of NAWRB, panelists Michelle Hollis, Director, 6th Street Consulting; Laura Hartsgrove Baker, Sales Director, Herbert H. Landy’s Insurance Agency; and John Moon, District Manager, Community Development, Federal Reserve Bank of San Francisco gave their unique insights into the four main pillars of NAWRB’s Small Business Sustainability Care Package, including: cybersecurity, insurance with crime prevention and employee dishonesty riders, vetting financial institutions, and payroll alert/assistance.
With limited resources, it is crucial for small business owners to know their rights and resources, to be able to identify a streamlined course of action when an issue arises. Sharon Asar, Deputy Ombudsman, CFPB Ombudsman’s Office and Philip D. Lovas, Regional Advocate – SBA Region IX, Office of Advocacy, U.S. Small Business Administration (SBA) shared the resources their offices offer to America’s small business owners and the value they hold for entrepreneurs.
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