
Ask ISED
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Ask ISED
@AskISED
Innovation, Science and Economic Development Canada (ISED). We’re here M-F, 8:30am-5pm ET. En français : @DemandezaISDE. Notices: https://t.co/BwEQ2yWBir














A message for the incoming Trump administration, lawmakers generally, @elonmusk and @VivekGRamaswamy: Do not cut the SBA! Expand its programs! It is the liquidity and lifeblood of Main Street. - Increase the $5 million max loan size for 7(a) acquisition financing to $10 million - Cover bank exposure up to loan amount; limit personal guarantees and collateralization thereafter - Reduce red tape; simplify the SOPs - Eliminate the business plan requirement - Longer amortization periods (10 years +) - Lower the guarantee fees There is a tidal wave of main street business that need to be sold. There is an army of industrious young people waiting in the wings to takeover. Make this transition smoother to ignite the economy!













