Minority Business Grants Links

Bank of America Announces New Program to Help Spur up to $100 Million in Small Business Lending Nationwide

WASHINGTON--(BUSINESS WIRE)--Bank of America today announced it will provide $10 million in grants to nonprofit lenders, such as Community Development Financial Institutions (CDFIs), to leverage funds from the U.S. Small Business Administration (SBA) and the U.S. Department of Agriculture (USDA) for lending to small and rural businesses. The grants, for use as loan loss reserves, may unlock as ...

Georgia Trades a Stick for a Carrot in Overtures to Abkhazia, South Ossetia

Georgia has come knocking on separatist doors with a basket full of promised grants, investments and social welfare perks, but de facto Abkhaz and South Ossetian officials, wary of Georgians bearing gifts and mindful of Moscow and their own declarations of independence, show no sign of interest in the offering.

State stumbles in Race to the Top: Fails to make finalists list for billions in school reform funding (documents)

Connecticut lost the Race to the Top Tuesday, but state schools already had won a $146 million consolation prize.

Finance and Banking

On July 21, 2010 (the "Enactment Date"), President Obama signed into law The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"). The legislative changes mandated by the Act, which is named after Senate Banking Committee Chairman Christopher Dodd (D-Conn.) and House Financial Services Committee Chairman Barney Frank (D-Mass.), are intended to shield the financial system from ...

Bus study could get a second look in private

TUPELO The crowd at Tuesdays public transit meeting blindsided City Council members, who had anticipated an intimate work session to hash out the details of a proposed bus system.