Governor Newsom Announces $1.1 Billion in Small Business Support Coming to California

U.S. Treasury’s State Small Business Credit Initiative will increase small business owners’ access to capital, cover upwards of 80% of loans.California to launch new program designed to create a more-inclusive venture capital ecosystem. SACRAMENTO — Today, Governor Gavin Newsom announced $1.1 billion in funding to support California’s small businesses. The funding comes from the U.S. Treasury’s State Small Business Credit...

Partnerships to Connect Small and Disadvantaged Businesses to Infrastructure Programs

September 20, 2022Contact: pressoffice@dot.gov Biden-Harris Administration Announces Groundbreaking Partnerships to Connect Small and Disadvantaged Businesses to Infrastructure Programs DOT Will Host Business Forum to Improve Access to Capital and Resources in the Bipartisan Infrastructure Law Washington, DC – Today, the USDOT Office of Small and Disadvantaged Business Utilization (OSDBU), the U.S. Small Business Administration (SBA) and the US Department of...

US DOT DBE Project/Contract Goal Setting

USDOT’s Departmental Office of Civil Rights (DOCR) held a training session with FAA, FHWA, and FTA to discuss best practices in DBE project and contract goal setting.  Recording(passcode t!iYd5Ux)Training Slides

Governor Newsom Strengthens State’s Commitment to a California For All

New executive order directs state agencies to take critical actions on equity and discrimination and establishes state’s first Racial Equity Commission   Governor signs legislation focused on advancing equity and tackling disparities “In California, we recognize that our incredible diversity is the foundation for our state’s strength, growth and success – and that confronting inequality is not just a moral imperative,...

DBE/ACDBE NPRM Comment Period Extended

Today the Department issued a 6-week extension for stakeholders to comment on the Notice of Proposed Rulemaking NPRM issued on July 21, 2022. We encourage you to read the NPRM, paperwork burden estimates, and the Regulatory Impact Analysis (RIA) in full and provide any comments by October 31, 2022. If you would like to learn more about the rulemaking process and view the recordings of our recent NPRM outreach sessions,...

Bipartisan Infrastructure Law Webinar hosted by FAA Small Business Program

The Federal Aviation Administration (FAA) Small Business Program Office is hosting a third webinar about areas of opportunities related to the Bipartisan Infrastructure Law (BIL) on Monday, September 12, 2022 1:30 PM-2:30 PM Eastern Time. This virtual event is targeted for small business and small disadvantaged business firms interested in FAA contracting and subcontracting opportunities in areas of infrastructure supporting...

Caltrans Disadvantaged Business Enterprise Oversight Monitoring Review

The Caltrans Office of Civil Rights (OCR) and Division of Local Assistance (DLA) are partnering to complete a virtual Disadvantaged Business Enterprise (DBE) Oversight Monitoring review. The oversight review is required under Section 26.37(a) of Part 26 within Title 49 in the Code of Federal Regulations (49 CFR 26.37(a)), which states in part: “You [Caltrans] must implement appropriate mechanisms to ensure compliance...

Finding the Ability to Accumulate Substantial Wealth- Proposed Changes to Federal DBE Program

Preliminary Note: The U.S. Department of Transportation recently released a long-awaited Notice of Proposed Rulemaking to modernize the Disadvantaged Business Enterprise (DBE) program regulations. This blog is part of a series looking at some of the significant proposed changes. A copy of all of the proposed changes can be found here: https://www.federalregister.gov/documents/2022/07/21/2022-14586/disadvantaged-business-enterprise-and-airport-concession-disadvantaged-business-enterprise-program. Among the many potential changes announced by the U.S. Department...