<p>The FOMC announces at 2 PM ET — what to listen for in the statement language. The SBA expanded its US-citizens-only restriction to backed loans in April, affecting any business with a non-citizen 20%+ owner. NIH SBIR/STTR reauthorized for five years, restoring $1.3B in non-dilutive funding.</p>

The FOMC announces at 2 PM ET — what to listen for in the statement language. The SBA expanded its US-citizens-only restriction to backed loans in April, affecting any business with a non-citizen 20%+ owner. NIH SBIR/STTR reauthorized for five years, restoring $1.3B in non-dilutive funding.

Fed decision day, SBA tightens citizenship rules, and NIH SBIR is back

Daily small business news in five minutes. Three stories every weekday morning, no filler — what happened, why it matters to your business, and what to watch. Covering tariffs, SBA loans, IRS rules, Federal Reserve moves, labor, and regulation through the lens of small business owners, independent operators, and main street operators who need to stay informed but don't have time to read everything. Monday through Friday. Part of Main Street Media.

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Fed decision day, SBA tightens citizenship rules, and NIH SBIR is back

Fed decision day, SBA tightens citizenship rules, and NIH SBIR is back