The COVID-19 public health crisis and resulting economic crisis have created a variety of challenges for small, micro, and solo businesses in communities across the country. The Treasury Department is providing critical assistance to small businesses across the country, facilitating the urgent deployment of capital and support to help these organizations not just persevere, but recover on solid footing. The American Rescue Plan extends a number of critical tax benefits, particularly the Employee Retention Credit and Paid Leave Credit, to small businesses. Emergency Capital Investment ProgramThe Emergency Capital Investment Programs support the efforts of low- and moderate-income community financial institutions Paycheck Protection ProgramThe Paycheck Protection Program is providing small businesses with the resources they need to maintain their payroll, hire back employees who may have been laid off, and cover applicable overhead. What is the function of the SBA Small Business Development Center quizlet?The SBA promotes small business development, helps businesses secure government contracts, and provides assistance and advice on how small businesses can increase revenues and profits. A volunteer organization in which retired business executives share their business experience with small business owners.
Is a source of assistance that offers a variety of programs and support services to help entrepreneurs get started and resources to help once the business is open?Small Business Administration; offers a variety of programs and support services to help entrepreneurs get started, and resources to help once the business is open.
What is the purpose of the Small Business Administration quizlet?The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters".
Which government agency is responsible for encouraging the development of small business?Mission. The U.S. Small Business Administration (SBA) helps Americans start, build, and grow businesses.
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The SBA is a source of assistance that provides small businesses with the following programs
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