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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

How these six businesses worked with the SBA to grow. The Small Business Administration (SBA) is a federal agency that supports the US economy by aiding small businesses, including offering loans and grants as well as free education, assistance, and other resources. iRobot — From robots to riches.

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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning. There are certainly some people who are publicly saying that VC-backed businesses shouldn’t take government money. shouldn’t I?

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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

Speaking of help, the Federal Government has allotted upwards of $2 trillion to help those struggling in the US economy. Inc has prepared a useful list made up of loans and grants offered by the Federal and state governments and private corporations. Available Financial Assistance. You can even tap into the growing ecommerce market.

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Covid-19 is a marathon, not a sprint, for startups in US, UK and Israel

VC Cafe

Source: NVCA , “Startup Ecosystem Faces Capital Crunch over Coming Months” USA – SBA Loans and PPP. The $349 billion aid package issued by the US Government and distributed in the form of SBA loans was quickly gobbled up by a large number of applications, many of which were from venture-backed or PE-backed startups.

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Funding for Women-Owned Businesses

Women Entrepreneurs Can

Not only are women-owned businesses increasing at two and a half times the rate of all US businesses combined, but both the revenue growth and employment growth of women-owned businesses have also outpaced the national averages for all businesses. US Small Business Administration (SBA). Women-Owned Business Federal Procurement Program.

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The 10 Best Sources of Cash to Start Your Business

Startup Professionals Musings

Just don’t quit your day job before your new company is producing revenue. This source often gets overlooked, but it should be a major focus these days due to government initiatives on alternative energy and technology. Friends and family. Use this approach before you have a real valuation, a real product, or any real customers.

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4 Startup Funding Challenges and How to Overcome Them

Up and Running

Your business model must show the potential to increase the revenue with minimal expenditure in the coming months or years. You may also be able to apply for government-subsidized bank loans or soft loans. Small Business Administration (SBA) loans can be a good option. Save the splurge for when you’re bringing in more revenue.

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