{"id":36107,"date":"2021-10-28T16:01:30","date_gmt":"2021-10-28T20:01:30","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=36107"},"modified":"2022-02-16T12:59:39","modified_gmt":"2022-02-16T17:59:39","slug":"fiu-receives-2-5-million-sba-grant-to-help-local-businesses","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2021\/10\/fiu-receives-2-5-million-sba-grant-to-help-local-businesses\/","title":{"rendered":"FIU receives $2.5 million SBA grant to help local businesses."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-36117\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2021\/10\/fiu-sbdc-small-business-loans-1.jpg\" alt=\"FIU receives $2.5 million SBA grant to help local businesses.\" width=\"1000\" height=\"605\" srcset=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2021\/10\/fiu-sbdc-small-business-loans-1.jpg 1000w, https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2021\/10\/fiu-sbdc-small-business-loans-1-300x182.jpg 300w, https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2021\/10\/fiu-sbdc-small-business-loans-1-230x139.jpg 230w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p style=\"font-weight: 400;\">Florida International University has received a $2.5 million grant from the U.S. Small Business Administration\u2019s Community Navigator Pilot Program. The funds are earmarked for improving underserved entrepreneurs\u2019 access to government programs that provide assistance in launching a new venture, growing a business or managing unexpected business interruptions.<\/p>\n<p style=\"font-weight: 400;\">The Miami-Dade Small Business Resource Navigator Program will focus on small businesses, including microbusinesses with fewer than 10 employees, owned by women, veterans, and socially and economically disadvantaged individuals.<\/p>\n<p style=\"font-weight: 400;\">\u201cThis grant is a game changer to strengthen the entrepreneurial ecosystem in Miami-Dade County for underserved small businesses,\u201d said Brian Van Hook, regional director of the\u00a0<a href=\"https:\/\/business.fiu.edu\/centers\/sbdc\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/business.fiu.edu\/centers\/sbdc\/&amp;source=gmail&amp;ust=1635537411699000&amp;usg=AFQjCNGXPIoJMmrNjNafb68m2dkFayiQjg\">Florida SBDC at FIU Business<\/a>\u00a0(FSBDC). \u201cIt will help break down long-standing programmatic silos among the small business providers and spur entrepreneurship in our community.\u201d<\/p>\n<p style=\"font-weight: 400;\">The\u00a0FSBDC will serve as the hub of the program and will work with six Miami-Dade organizations to support local businesses and help create jobs:<\/p>\n<ul>\n<li style=\"font-weight: 400;\">Ascendus, a Community Development Financial Institution assisting small business owners, especially minorities, women and immigrants, with capital and financial literacy;<\/li>\n<li style=\"font-weight: 400;\">Branches, a community organization active in southern and northern Miami-Dade focused on micro-businesses;<\/li>\n<li style=\"font-weight: 400;\">Economic Development Council of South Miami-Dade, a not-for-profit economic development organization representing municipalities and business organizations in southern Miami-Dade County;<\/li>\n<li style=\"font-weight: 400;\">Miami-Dade Chamber of Commerce, the oldest Black chamber of commerce in South Florida, which provides training, networking and consulting for black, minority and women-owned businesses;<\/li>\n<li style=\"font-weight: 400;\">Prospera, an economic development non-profit specialized in providing bilingual assistance to Hispanic entrepreneurs trying to establish or expand their business<\/li>\n<li style=\"font-weight: 400;\">StartUP FIU Procurement, a university-based incubator program for minority-owned businesses seeking procurement opportunities.<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">Together, they will provide one-on-one assistance in the areas of business development, access to capital and financial assistance, contracting and procurement, as well as training, guidance in selecting resources, and networking opportunities.<\/p>\n<p style=\"font-weight: 400;\">\u201cThe Community Navigators Pilot Program is a critical tool for supporting the unique needs of our businesses owned by women, veterans, and economically disadvantaged individuals,\u201d said Congresswoman Maria Elvira Salazar, member of the U.S. House of Representatives Small Business Committee.\u00a0\u201cI am so excited to see this new program benefit the Florida Small Business Development Center (FSBDC) at FIU. This SBDC has been a crucial resource for my office as we continue to assist small business owners all over the 27<sup>th<\/sup>\u00a0district.\u201d<\/p>\n<p style=\"font-weight: 400;\">The FSBDC provides no-cost consulting and guidance on topics including financial management, business strategy, access to capital and market analysis. The center began offering services in Miami-Dade County in 2014 and expanded to Monroe County in October 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Florida International University has received a $2.5 million grant from the U.S. Small Business Administration\u2019s Community Navigator Pilot Program. The funds are earmarked for improving underserved entrepreneurs\u2019 access to government programs that provide assistance in launching a new venture, growing a business or managing unexpected business interruptions. The Miami-Dade Small Business Resource Navigator Program [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":36119,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3477,10],"tags":[3780,3121],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/36107"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=36107"}],"version-history":[{"count":4,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/36107\/revisions"}],"predecessor-version":[{"id":36123,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/36107\/revisions\/36123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media\/36119"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=36107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=36107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=36107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}