New Update: NEXUS Implementation on GrowthWheel Online for SBA reporting

For the past 6 months, we've been working closely with SBA's NEXUS team to ensure that GrowthWheel NG is compatible and meets the new requirements.

True to our beliefs, we have created a beautiful and user-friendly system to assist business advisors in easily tracking SBA impact information and more.

This software update encompasses a series of updates, including data requirements from the SBA and enhancements to our system's user experience, ensuring advisors can efficiently track all client information.

Some of the NEXUS updates include the following specifications:


New fields and selection options have been added to the client 641 intake form:

  1. Intake demographic fields now include options for individuals to "Prefer to self-describe."

  2. A new field has been introduced for "Business verification" and "Reportable Impact" on counseling records.

  3. Additional certification options are now available under counseling (e.g. DBE, WOSB).


Removed fields from the user interface on all forms:

  1. Type of client on 641 intake form. 

  2. Preferred appointment on 641 intake form. 

  3. Counseling history field on interactions. 

  4. Program format, attendee fee, and gross income fields on the 888 Form


888 training fields removed and some others re-organized:

  1. New demographic categories for Total number trained: LGBTQ, Active Duty, Spouse of Military Member, Total Underserved Trained, North African, and Middle Eastern.

  2. A new type of training field.

NEXUS updates will be available in early January 2024 for all our SBA-funded business advisors.

 

For any questions related to NEXUS please reach out to nexus@growthwheel.com