Category Archives: News

Jan 24

COVID EIDL Hardship Accommodation Plan

Due to the continued adverse effects of the pandemic, SBA provided a deferment period of 30 months from the date on the original Note for COVID-19 EIDL borrowers. Interest continued to accrue on the loans during deferment. EIDL payments are … Read More

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Jan 24

Small Business Trends to Watch in 2023

From Motley Fool, here are five trends to watch for in 2023: 1. Technology will become even more important The trick with new technology is to implement solutions that will make your life easier, without letting it take over. Don’t … Read More

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Jan 13

NC SBIR Success Story: QATCH Technologies

Multi-SBIR/STTR Awardee Shares Insights QATCH Technologies, founded by Dr. Zehra Parlak in 2016, is leveraging its Duke-originated sensor technology to change how drug formulations are developed. The Durham-based company consists of a team of six engineers and scientists. Its innovative … Read More

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Jan 11

NC Global Advantage Forum Honors Representative David Price

The annual NC Global Advantage Forum seeks to engage and convene a broad cross-section of North Carolina leaders to focus on global opportunities in education, economic development, and entrepreneurship. Sponsored by GO Global NC, in partnership with the NC Coalition … Read More

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Dec 19

Business Trends for 2023

Source: US Small Business Administration It’s difficult to understate all the changes the business landscape has seen in the past few years, and yet entrepreneurs have responded with incredible adaptability. Perhaps that is one of the biggest reasons small business … Read More

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Oct 20

Big Changes to the 1099-K

Source: Maine SBDC What’s the big change? Starting in 2022, third-party settlement organizations (TPSOs) must report any income you receive “for goods and services in excess of $600” to the IRS. Prior to the bill, these processing platforms only reported … Read More

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Sep 21

Where’s the beef?

Contributed by Byron Hicks, SBTDC State Director I hope some of you are old enough, as I am, to remember the Wendy’s Hamburger ad with the elderly women yelling “where’s the beef?” For small business owners the question is “where’s … Read More

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