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Celebrating Small Business Week

This week, CMDC celebrates National Small Business Week in partnership with the Small Business Administration (SBA). Here in Minnesota, 46% of workers are employed by small businesses, which account for 1.3 million jobs. New small businesses in Minnesota are more likely to be thriving at five years than anywhere else in the country. At CMDC, we are working hard to support small businesses whether they have been operating for decades or are launching the next new technology start-up.

From September 13 – 15th of this week, the SBA will host a three-day virtual summit with numerous educational panels providing innovative practices for entrepreneurs. Here is a preview of this year’s events.

This year’s National Small Business Week Virtual Conference offers:

22 sessions of information and content especially curated for small business entrepreneurs. Download the agenda.
A special highlight on small business resiliency in 2021 and beyond
Keynote session by the SBA Administrator, Mark Cuban, and White House Senior Advisor Cedric Richmond
Focus on Hispanic small business on Sept 14 as part of Hispanic Heritage Month
Resources from industry-leading small business partners
Easy to navigate online virtual conference space, with live interactive networking and sessions
Networking lounge and opportunities with other business owners and aspiring entrepreneurs

Don’t miss this once-a-year exciting event, especially for small business owners and aspiring entrepreneurs!

For more information and to register for the event, visit the link below.

Small Businesses Can Now Refinance Commercial Mortgages and Other Business Debt Under the New SBA 504 Refinance Loan Program

Small business owners can reduce their monthly mortgage payments and access trapped equity in commercial real estate they own by refinancing conventional real estate loans through the SBA’s new 504 Debt Refinancing Program.