U.S. Treasury Awards $26 Million to Banks Investing in Economically Distressed Communities
The U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $26 million in awards to 158 banks through its Bank Enterprise Award program. The funds will be reinvested into economically distressed communities to help create further economic opportunities.
Small Business Administration Expands Federal Contracting Opportunities for Women-Owned Companies
The Small Business Administration (SBA) recently expanded the NACIS list of businesses eligible for the Women-Owned Small Business federal contracting program. The list now includes 300 more industries including compute manufacturing, home health services, and air transportation support.
Tips For Entrepreneurs to Organize and Streamline Their Work Day
Small business owners often work long hours to support their company, but this can be due to poor scheduling and organization. One successful entrepreneur shares her hacks on how she went from a 14-hour to a 5-hour workday.
Source: Business Insider
Detroit Based Organization Focused on Helping Entrepreneurs Celebrates 10th Anniversary
LaunchDETROIT, a Rotary-powered program created to help entrepreneurs in underserved communities in Detroit celebrated its 10th anniversary. The program has helped 83 entrepreneurs and provided micro-loans to 39 qualified participants.
The deadline to file 2021 federal taxes with the IRS is Monday, April 18. In addition, first-quarter estimated taxes for 2022 are also due on that date.