Скачать или смотреть 💰💰 NEW SBA Stimulus Business Grants – BETTER THAN EIDL?

We all know millions of small businesses have been screwed over by the promise of EIDL money that never materialized for many, prompting many business owners to look for other financial resources. Over the past few weeks, I have noticed a handful of YouTubers have been talking about a new SBA program launching that targets small businesses in underserved communities with grants ranging from $1million and $5million. These YouTubers have missed some essential keys to this grant, and I need to set the record straight. So, what exactly is this grant, who is it for, how do you apply--all this and more in today’s video?

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https://www.sba.gov/local-assistance/...

‪@CEODeshayla‬   • $1,000 to $5,000,000 in Business Grants fo...   While Deshayla and I differer on our opinion of the Community Navigator Pilot Program, she has great insights into other small business grants.

Per the SBA:
Through the Community Navigator Pilot Program, SBA will engage with states, local governments, SBA resource partners, and other organizations in targeted outreach for small businesses underserved communities. These efforts began with SBA issuing an Information Notice that offers advice and guidance on best practices for adopting the community navigator model for use by SBA district offices, state and local government partners, Small Business Development Centers (SBDCs), Women’s Business Centers (WBCs), SCORE, Veterans Business Outreach Centers (VBOCs), and other resource partners.

The Biden-Harris Administration and Congressional leaders supported a $100 million investment, as part of the American Rescue Plan Act of 2021, to establish Community Navigator Programs for individuals with disabilities and/or in minority, immigrant, rural, and other underserved communities across the country.

The SBA is implementing this initiative by building upon its extensive network of resource partners across the country. To ensure the Community Navigator Pilot Program reaches communities across the country in the coming months, SBA has issued a grant funding opportunity that will be open to proposals from SBA resource partners, states, tribes, units of local governments, and other nonprofit organizations.

Competitive grant awards will range from $1 million to $5 million for a two-year performance period. Applicants have until July 12, 2021, to submit their applications at grants.gov. Performance periods are projected to commence in September 2021. Those eligible to apply must meet and demonstrate abilities to support the requirements of this funding opportunity.

This brings me to the second issue. This grant is not, and I repeat, NOT for small businesses to apply and receive the money. Any YouTuber or blogger telling you your business can get $1m - $5m is either lying, or they never read the program. Instead, this entire program is basically a scam. It gives grants to local non-profit partners to reach out to underserved communities and provide them with smaller grants. On the surface, that sounds fine, but as I said, $100 million is not enough, and most of that will be used by the local non-profits to administer the programs themselves.

Or another quick way of looking at it. If they split this money equally to all 3,143 counties in the United States, that would give $31,820 per county. I do not know about you, but even the small “middle of nowhere” county in Virginia where one of my tech startups are located, $31,820 spread across every small business in town, wouldn’t be a drop in the hat for what the community needs.


⚠️ ⚠️ ⚖️⚖️ I am not a lawyer, CPA, tax advisor, realtor, financial advisor, etc., I have absolutely no licenses/certifications in anything related to these industries, I am just a dude on the internet. So, in full disclosure: the information I provide here is for “entertainment purposes only!” You should seek counsel from competent and certified individuals if you have questions. I may receive commissions when you use my affiliate links.