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News

NASA Awards Innovation Contracts

NASA will award 127 small businesses with a Small Business Innovation and Research contract to bring their product into development, reports NASA.

NASA has a long history of supporting America’s entrepreneurs as they develop technologies from ideas to commercial readiness. The agency’s Small Business Innovation Research (SBIR) program is furthering that legacy with 140 new Phase II awards to 127 U.S. small businesses that will help them move their innovations to market.

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Only Small Percentage of Businesses Could Face Tax Hike

According to Reuters, only 3% of small business owners would see an increase in taxes under Biden’s new jobs and infrastructure plan. 

Less than 3% of the roughly 30 million small-business owners in the United States could face tax increases under President Joe Biden's jobs and infrastructure plan, according to a new analysis by the White House on Friday.

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New Relief Targets Restaurants

The Small Business Administration is releasing a new round of relief targeting restaurants, reports KOLD. 

A new round of relief is about to be served up to restaurant owners starting Monday, May 3. The Small Business Administration is offering up money through their Restaurant Revitalization Fund to help with employee payroll, rent, and other expenses.

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