Detroit City Wire

The U.S. Small Business Administration (SBA) has announced the opening of nominations for the 2025 National Small Business Week (NSBW) Awards. Administrator Isabel Casillas Guzman, head of the SBA and a member of President Biden’s Cabinet, made the announcement today.

For over six decades, the SBA has supported small businesses in America, recognizing their achievements and contributions through the annual NSBW awards. These awards honor individuals and businesses that have received SBA assistance and contribute significantly to the American economy.

“From corner shops to innovation hubs, American entrepreneurs create jobs, invent and provide crucial products and services to their communities, and help define the neighborhoods they serve,” said Administrator Guzman. “The SBA is proud to celebrate National Small Business Week each year to lift up the best of that American entrepreneurial spirit and recognize the many essential contributions all of our small businesses make to our nation.”

Nominations can be submitted online at sba.gov/nsbw until 4 p.m. ET on December 5, 2024. The national awards will be presented during a ceremony in Washington, D.C., on May 4-5, 2025.

The signature award during NSBW is the Small Business Person of the Year (SBPOTY). One business owner from each state, as well as from the District of Columbia, Puerto Rico, U.S. Virgin Islands, and Guam will be selected for individual State SBPOTY awards. These winners will compete for the title of 2025 National Small Business Person of the Year.

Additional award categories include:

- Small Business Exporter of the Year

- Small Business Investment Company (SBIC) of the Year

- SBIC Emerging Manager

- SBIC Established Manager

Phoenix Awards for Disaster Recovery:

- Phoenix Award for Small Business Disaster Recovery

- Phoenix Award for Small Business Disaster Recovery – Mitigation

- Phoenix Award for Outstanding Contributions to Disaster Recovery by a Public Official

- Phoenix Award for Outstanding Contributions to Disaster Recovery by a Volunteer

Federal Procurement Awards:

- Small Business Prime Contractor of the Year

- Small Business Subcontractor of the Year

- Dwight D. Eisenhower Awards for Excellence

Awards to SBA Resource Partners:

- SBDC Excellence and Innovation Center Award

- SCORE Chapter of the Year

- Women’s Business Center of Excellence Award

- Veterans Business Outreach Center of the Year

Surety Bond Agent of the Year

For further information or local contacts related to these awards, visit https://www.sba.gov/national-small-business-week/district-office-awards.