Chester County News and Community Website
PENNSYLVANIA— More than half of small-business owners expect artificial intelligence to reduce their workforces within three years, even as many report delaying automation because of loyalty to employees, according to …
Small Businesses See AI Cutting Jobs Despite Worker Loyalty Read More
WASHINGTON, D.C. — The U.S. Small Business Administration launched a $20 million prize competition for small manufacturers that can rapidly expand domestic production in critical supply-chain sectors, offering non-dilutive capital …
SBA Offers $20 Million to Scale Critical U.S. Suppliers Read More
CONSHOHOCKEN, PA — Firstrust Bank and the Philadelphia Eagles have opened nominations for the third year of a program that will provide one Greater Philadelphia business with up to $25,000 …
Firstrust, Eagles Expand Small-Business Promotion Contest Read More
WASHINGTON, D.C. — The U.S. Small Business Administration has doubled the amount qualified borrowers may obtain through its 7(a) and 504 loan programs to a combined $10 million, expanding access …
SBA Doubles Combined Loan Capacity to $10 Million Read More
WASHINGTON, D.C. — The federal government awarded nearly $273 billion in prime contracts and subcontracts to small businesses in fiscal 2025, exceeding its statutory small business contracting target and directing …
Federal Small Business Contract Awards Reach $273 Billion in FY25 Read More WASHINGTON, D.C. — The U.S. Small Business Administration has launched a nationwide initiative encouraging small businesses to participate in events tied to America’s 250th anniversary, as the agency seeks to …
SBA Launches Freedom 250 Program to Engage Small Businesses Read More WASHINGTON, D.C. — The U.S. Small Business Administration has proposed eliminating race-based presumptions of social disadvantage in its 8(a) Business Development Program, requiring all individual applicants to provide documented evidence …
SBA Moves to End Race-Based 8(a) Admissions Standards Read More WASHINGTON, D.C. — The U.S. Small Business Administration is reorganizing its internal operations following a workforce reduction of more than 50% last year, a move the agency says is intended …
SBA Reorganization Consolidates Operations Following Workforce Cuts Read More WASHINGTON, D.C. — The U.S. Small Business Administration has approved 19 loans totaling more than $30 million through its enhanced Grocery Guarantee program, an initiative the agency says is intended …
SBA Approves $30 Million in Food-Sector Loans Under Grocery Program Read More
WILMINGTON, DE — Small businesses across the Mid-Atlantic remain broadly optimistic despite inflation, tariff uncertainty and recession concerns, with 92% reporting that they are meeting or exceeding performance expectations, according …
Mid-Atlantic Small Businesses Maintain Growth Outlook Despite Inflation Read More