The Small Business Administration has eliminated fees on loans of $150,000 or less. The upshot: A small business owner who receives a $150,000 loan guaranteed by the SBA’s 7(a) loan program will save more than $2,500. “This is an attempt to reach out to more of the smaller borrowers, who are looking for a smaller dollar amount, often for a startup, to make sure that it’s easier and less expensive…
Having a knockout pitch is vital for startups, because that’s how they win investors. So it’s fitting that the entrepreneurial pitch with the biggest punch will emerge victorious in the “Get in the Ring: The American Startup Clash” at 7 p.m. Nov. 18 at the Kauffman Foundation, 4801 Rockhill Road. There will be an opening reception at 6 p.m. The event, which will serve as the U.S. finals for the…
The National Federation of Independent Business is unveiling a new award to reward elementary and secondary teachers who promote entrepreneurship to their students. The NFIB’s Young Entrepreneur Foundation is taking applications now through March 31 for its new Entrepreneurship Educator Award, which will come with a $1,000 grant. The winner will receive the prize at the NFIB Young Entrepreneur of the Year Award Luncheon next spring in Washington, D.C. Teachers…
Oncimmune USA, a 25 Under 25® alumnus from 2011, is being acquired by Health Diagnostic Laboratory Inc., a Virginia-based company. Oncimmune USA, which is a subsidiary of a company based in the United Kingdom, has 25 employees at its lab in De Soto, and they’ll be added to HDL’s workforce of 740. The two companies have overlapping specialties. Oncimmune is known for its EarlyCDT-Lung technology, a blood test that helps…