The United States Small Business Administration (SBA) recently announced its new Investing in America Small Business Hub. This is a digital portal, which provides industry-specific resources to help small businesses tap into opportunities under the President’s "Investing in America" agenda.

“President Biden’s Investing in America agenda is delivering generational investments to grow America’s economy, restore competitiveness, tackle climate change, and reshore manufacturing – all while including America’s small businesses, which are the backbone of our economy,” said SBA Administrator Isabel Casillas Guzman. “The SBA’s new Investing in America Small Business Hub will help more small businesses connect to the resources, funding opportunities, and support they need to capitalize on these opportunities and strengthen their businesses. From the contractor working with their clients to use the Inflation Reduction Act rebates and tax credits to complete home energy efficiency projects, to businesses helping rebuild America’s infrastructure through the Bipartisan Infrastructure Law, small businesses are front and center in the Biden-Harris Administration – and the SBA is here to help.”

According to the SBA, the Investing in America economic agenda has fueled "a historic nationwide Small Business Boom, with the first, second, and third strongest years of new business applications on record." The SBA pointed to new Census data showing that the United States has exceeded 17 million new business applications filed under the current administration. It describes this as "a historic rate of entrepreneurship," which it will continue to grow via the new Investing in America Small Business Hub.

The Hub points to opportunities in home repair and construction, government contracting and subcontracting, and manufacturing. Businesses can explore rebates, tax credits, general infrastructure contracting/subcontracting, high-speed contracting, and contracting with the Department of Transportation, as well as grant funding for small manufacturing businesses. Additional opportunities will be added in the future.

The Hub includes new technology assistance guides to help more small businesses access Investing in America grants, contracts, and market opportunities. Businesses can also find SBA resources that can help them access investment capital in order to scale, as well as needed certifications to qualify for Investing in America funding.

The Hub includes a section in which the SBA asks small business owners for their own Investing in America-related stories. They want to hear from small businesses who have received a grant, won a government contract, used rebates or subsidies to save customers money, or benefitted in other ways from Investing in America laws.

The SBA says it will collaborate with other federal agencies to host local events and webinars so they can connect directly with small businesses, and provide assistance on accessing contracting opportunities and incentives like home energy rebates and tax credits.

While the new Hub does provide a number of helpful resources, the SBA encouraged businesses to also continue pursuing Investing in America opportunities utilizing the Administration’s full suite of resources, which can be found at https://www.sba.gov/local-assistance.