Tag Archives: small businesses

4 reasons to follow your passion leads to success

Opinions expressed by Contractor the contributors are theirs. When I was younger, I saw a motivational speaker give a very persuasive speech. The theme followed your passion. He explained that we all have to follow that fire within us to be successful. He said the only way to become who you are meant to be is to do it. He ...

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The Congressional spending bill battle had a message for Main Street

Elizabeth Frantz | Reuters A majority of Main Street small business owners say they favor more financial assistance from the federal government, but the resolution of the battle in Congress last week over the federal government’s spending bill shows that it may not come . This shouldn’t be a surprise. With fiscal hawks reluctant to provide more pandemic-related funds even ...

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Revive Grant Awarded to Three Growing Businesses in Downtown Charles Town | Journal-news

CHARLES TOWN – This has been heard time and time again throughout the past year as businesses in downtown Charles Town have expanded to larger locations, with every homeowner expressing a strong desire to stay in the area and to continue to be part of the community. At the Charles Town City Council meeting on Monday night, three more businesses ...

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NRL 2022: Telstra gives big shots to support small businesses

Small businesses across Australia will have the chance to benefit from Telstra’s Big Plugs for Small Business campaign, which offers eligible businesses a chance to gain valuable exposure in Round 9 of the 2022 NRL Telstra Premiership. Following a successful campaign in 2021 which saw small businesses across Australia recognized through premium advertising space, Telstra is once again offering the ...

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Names of companies benefiting from huge Covid loans will be secret | Business

The names of thousands of businesses who have received billions of pounds from Covid-19 loan schemes must remain confidential under new government rules to only publish state grants of £500,000 or more. The higher threshold was introduced after Brexit despite warnings that it could hamper the fight against fraudsters believed to have plundered billions from such schemes. The loan programs ...

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Oregon Legislature passes plan to offer bigger loans to startups and small businesses

Oregon lawmakers have approved a bill expanding access to capital for businesses that are too new or too risky to qualify for conventional bank loans. Under the bill, Business Oregon would increase the cap on direct loans to startups through its Entrepreneurial Development Lending Fund to $1 million, up from the current temporary limit of $250,000. Business Oregon is the ...

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Whitman County awards grants to nonprofits and small businesses – The Daily Evergreen

Rewards for Distributed Nonprofit Organizations; small business app always open County officials are providing grants to local nonprofits and small businesses, with 59 Whitman County businesses saying they are facing financial hardship in a recent survey by county officials. Jessica Jensema, director of administrative services for Whitman County, said the application process is now closed for nonprofits and grants are ...

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Portland’s $1.3M Cannabis Emergency Relief Fund Now Accepting Applications

Portland paves way to recovery for struggling cannabis companies by: Joelle Jones Job : 10 Feb 2022 / 16:38 PST / Update: 10 Feb 2022 / 16:38 PST FILE – In this Feb. 7, 2019 file photo, a bud shows one of the best cannabis strains at Serra, a dispensary in Portland, Oregon. (AP Photo/Richard Vogel, File) PORTLAND, Ore. (KOIN) ...

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State prepares to deploy $237 million for small businesses through loans and venture fund investments

Nearly $237 million in federal funding coming to the state is planned to support small businesses in Michigan through loan initiatives and equity investments in venture capital funds. the Michigan Economic Development Corporation. (MEDC) aims to deploy federal funding across five programs, including investing $75 million in one or more venture capital funds operating in the state. By partnering with ...

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State awards provide money to Lake County and Chicago-area businesses impacted by 2020 looting

Aftermath of Metro PCS, 1320 North Lewis Avenue in Waukegan, after being damaged overnight May 31-June 1, 2020. | Photo: Edith Newsome, alderman for the 5th district of Waukegan Two Lake County businesses received grants as part of a statewide economic stimulus program to help businesses rebuild after the 2020 riots. The Illinois Department of Commerce and Economic Opportunity (DCEO) ...

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BOLD Grants Awarded to Area Groups Improving Birmingham Communities « The Official Website for the City of Birmingham, Alabama

BOLD grants awarded to regional groups improving Birmingham communities BIRMINGHAM, AL — Over $500,000 was donated to organizations in the region to fund innovative ways to help improve Birmingham’s economic landscape. The BOLD program, which stands for Building Opportunities for Lasting Development, provides financial support to organizations and agencies that take creative, evidence-based approaches to solving a variety of community ...

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Marlin Business Services Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC – Form 8-K

Marlin Provides Update on Proposed Acquisition by Funds Managed by HPS Investment Partners LLC Mount Laurel, NJ, January February 12, 2022 – Marlin Business Services Corp. (NASDAQ: MRLN), a national provider of capital solutions for small businesses (“Marlin” or the “Company”), today announced an update on its proposed merger with a subsidiary of funds managed by HPS Investment Partners LLC ...

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New initiative to help mom-and-pop store owners in Boon Lay learn e-commerce skills

SINGAPORE – Madame Aisha Mohamed Sanif, owner of the Peti Sejuk frozen food store in the Boon Lay shopping center, noted that the elderly were afraid to leave their homes to shop during the pandemic. “They prefer their kids to buy an item online and send it home,” said the 53-year-old who set up her outlet in July 2020. When ...

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Small businesses fear funding for pandemic relief will be insufficient without greater investment from Youngkin and lawmakers

RICHMOND, Virginia (WRIC) – As daily coronavirus cases reach new highs in Virginia, some small businesses are concerned that relief from the pandemic may be insufficient and not properly targeting funding to the hardest hit industries. It is not clear whether the grant proposed by Gov. Ralph Northam will be sufficient to meet the needs of existing candidates, as lawmakers ...

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Ulster County Small Business Assistance Program awards $ 543,000 – Daily Freeman

KINGSTON, NY – Eighteen small businesses in Ulster County have received a total of $ 542,983 under the County’s CARES Small Business Assistance Program, according to County Manager Pat Ryan. Funding for each ranged from $ 10,600 to $ 35,000 and was awarded through the Ulster County Economic Development Alliance, Ryan’s office said. A second round of CARES funding announcements ...

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A New World Order | Book Review: The Raging 2020s: Companies, Countries, People – and the Fight for Our Future By Alec Ross

A call for bold action to not only control the exploitation of the planet but also its inhabitants seems daringly optimistic On a global macro level, it can be argued that the most critical and urgent take-home point of a 2020 marked by Covid is the gloominess of “our future” – a phrase that is part of the title of ...

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Using New Money: Houghton Company, One of 41 Michigan Companies to Receive Grant | News, Sports, Jobs

Graham Jaehnig / Daily Mining Gazette Carl Rundman, owner of Good Times Music, located on Shelden Ave. in Houghton, stands behind the counter of his music store, the only one between Marquette and Duluth. Good Times Music received a $ 25,000 Match on Main grant on Thursday through MEDC. Rundman has already made major renovations to his store, and the ...

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iwoca to extend Merchant Cash Advance product to all UK card-accepting SMEs

iwoca, one of Europe’s largest small business lenders, has announced the extension of its Merchant Cash Advance product to all small businesses accepting card payments in the UK. The merchant cash advance will allow small businesses to pay off their loan based on their sales and stay in control by choosing the percentage of their income to pay. This product ...

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I-11 should be the priority for infrastructure money | EDITORIAL

Nevada public officials are hesitant to get their hands on millions of new species coming to the state with the passage of the $ 1.2 trillion federal infrastructure bill. The legislation provides $ 275 billion to fund the Highway Trust Fund over the next five years. This is well above the current base expenses for surface transportation, which is mainly ...

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Berks LaunchBox Idea TestLab Final Pitch Winners Announced

The first three winners of the competition are: 1st place ($ 1,000 in seed funding): RISCQ Health (Talonda Rogers and Dina Torrie, Founders) – Their mission is to help women and families feel empowered to stand up for themselves for needed medical treatment by providing evidence-based educational information through an app and a “smart” pregnant plush, which will help decrease ...

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Bad payers and cash advance financing opportunists portrayed in local lawsuits

The contrasts between deadbeat borrowers and opportunistic lenders, as the providers and users of merchant cash advance financing claim, are perfectly illustrated in two lawsuits filed on November 9 in the Westchester Supreme Court. Greenwich Capital Management Limited Partnership of White Plains says the owner of Auto Custom Leathers Inc. of Ludlow, Massachusetts quickly defaulted on a $ 76,945 loan ...

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Emergency funds recommended to recruit health workers

HELENA, Mont. (AP) – A commission created to allocate federal COVID-19 relief funding to help stabilize Montana’s economy on Wednesday recommended that the governor allocate $ 4 million to help recruit new medical workers in the state. But members rejected a proposal to spend $ 13 million in retention bonuses for existing hospital workers. The Healthcare Worker Recruitment Program would ...

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Google’s future in business relies on strategic cybersecurity

Gaps in Google’s cybersecurity strategy are slowing banks, financial institutions and large corporations to adopt the Google Cloud Platform (GCP), with offerings often going to Microsoft Azure and Amazon Web Services. It also doesn’t help that GCP has long had a reputation for being more aligned with developers and their needs than with corporate and commercial plans. But Google now ...

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The PPP is gone, but government support for small businesses is not

The federal government’s paycheck protection program has provided small business owners just under $ 800 billion in COVID-19 relief, according to the US Small Business Administration. The PPP was closed on May 31, but as companies move forward in the takeover process, they may find a continued need for affordable financing. Here are some of the government funding options still ...

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Chicago’s new grants program aims to help local businesses survive – CBS Chicago

CHICAGO (CBS) – A $ 20 million boost to businesses still trying to recover from the pandemic. CBS 2 policy researcher Dana Kozlov reports from Hyde Park about a new Chicago grant program aimed at helping more businesses survive and compete. READ MORE: Cancer survivor uses photography to highlight her journey; “It made my cancer look different” Federal dollars are ...

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CFPB Prepares To Drive Financial Inclusion Agenda Forward With Proposed Rule Requiring Annual Reports on Small Business Credit Applications | Eversheds Sutherland (United States) LLP

On September 1, 2021, the CFPB published a proposed rule that would add a new subpart to Regulation B, which implements the Federal Equal Credit Opportunities Act (ECOA). The rule would implement Section 1071 of the Dodd-Frank Act and require covered financial institutions to report data on small business loans. The aim is to create a centralized database of small ...

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PNC Foundation Announces $ 16.8 Million Grant to Support and Develop Black-Owned Businesses through New Howard University Center for Entrepreneurship

Stimulates PNC’s commitment to supporting black entrepreneurship and economic empowerment Posted: October 20, 2021 at 9:35 a.m. EDT|Update: 1 hour ago PITTSBURGH, 20 October 2021 / PRNewswire / – The PNC Foundation today announced a five-year term, $ 16.8 million grant to create the Howard University and PNC National Center for Entrepreneurship – aimed at creating resources and support for ...

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Mexico finally knows a boon for startups

October 9, 2021 KAVAK, A MEXICAN startup, provides an elegant solution to a glaring problem: how to buy a used vehicle in a market that is both one of the largest and most informal in the world. Few buyers trust a seller’s assessment of the quality of the property. Few sellers trust the buyer to shell out the money. Transactions ...

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Funds Available to Businesses Under Updated EIDL COVID-19 Program | Lewitt hackman

The United States Small Business Administration (SBA) announced major changes to COVID-19 Economic Disaster Loan 2020 (EIDL) on September 8, 2021, including increasing the maximum amount of loans available from $ 500,000 to $ 2 million. The changes aim to make it easier for small businesses such as restaurants, gyms and hotels to access the more than $ 150 billion ...

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Here’s how to apply for COVID relief funds in 2 NJ counties. Other places are still in the pipeline.

New Jersey’s 21 counties are making plans on how to make their share of the billions in American Rescue Plan Act COVID-19 federal aid available to the public. Two, Camden and Cumberland, have confirmed they have live programming at the moment. Federal relief money rises $ 10.2 billion for New Jersey and its municipalities – with various sectors in difficulty ...

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Scott Crockett, CEO of Everest Business Funding, to Speak at Lend360 Conference | New

DORAL, Florida, September 24, 2021 / PRNewswire-PRWeb / – The COVID-19 pandemic has had a dramatic effect on small businesses across the country. After months of shutdowns and an unpredictable economy, small businesses are on the road to recovery – and they are thriving. As a financial expert Scott crockett points out, however, that many small businesses have already been ...

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New financing program available for smaller businesses in the state

Smaller businesses in California now have access to an additional $ 56.5 million through the California Rebuilding Fund, which offers flexible, low-cost loans to support long-term recovery from the COVID-19 pandemic. First announced by Governor Gavin Newsom in November 2020, the California Rebuilding Fund is a public-private partnership that combines capital from private, philanthropic and public organizations to support new ...

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The deadline to apply for the $ 5,000 energy efficiency grant is September 30

September 18, 2021, 7:51 PM HST PC: Hawai’i Energy Hawai’i Energy is accepting applications for its EmPOWER Grants Program, designed specifically for nonprofits and small businesses that pursue energy efficiency projects at their facilities to reduce energy use, increase resilience and , ultimately, reduce their operating costs. “Many Hawai’i businesses and nonprofits are still grappling with high energy costs as ...

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Panetta calls for the passage of the infrastructure bill at a chamber event: “It is important not to negotiate against ourselves”

U.S. Representative Jimmy Panetta (D-Carmel Valley) touted the federal pandemic relief dollars he helped bring to Santa Cruz County during a recent business lunch, adding that it was vital to continue pushing for more money for infrastructure to enable the region, state and country to emerge from its COVID-19 malaise. Dozens of community members and business owners flocked to the ...

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Congress Proposes Legislation Limiting Section 1202 Earnings Exclusion

When Congress enacted Section 1202, it noted that the earnings exclusion was intended to “encourage the flow of capital to small businesses, many of which have difficulty attracting equity financing.” When the percentage gain exclusion was raised to 100% in 2010, Congress noted that “the increased exclusion and elimination of the minimum tax preference for small business stocks will encourage ...

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$ 10.5 million grant program approved for recovery from tropical storms Henri and Ida

Provide grants of up to $ 5,000 to storm-affected businesses / nonprofits with up to 50 full-time equivalent employees September 8, 2021 The New Jersey Economic Development Authority (NJEDA) announced the approval of the Henri / Ida Business Assistance Grant program at a special meeting of its board of directors. The $ 10.5 million program will provide grants of $ ...

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Liberty Financial is helping businesses get ahead of this news

MELBOURNE, Australia, Aug 23, 2021 (GLOBE NEWSWIRE) – It’s hard to stand out in today’s competitive market, but there are ways for business owners to get ahead. The start of a new fiscal year is a great opportunity to reassess business goals and take a closer look at the company’s finances. A Commercial loan can provide the funds a business ...

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EIDL funds approved for non-qualifying businesses in adult entertainment, gambling – Boston 25 News

WASHINGTON – A monitoring report calls for improvements to one of the government’s pandemic relief programs aimed at helping small businesses after results showed millions of dollars were approved for potentially ineligible companies. The U.S. Government Accountability Office (GAO) report states that the Small Business Administration (SBA) has made approximately 5,000 advances through the Economic Injury Disaster Loan (EIDL) program ...

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Select businesses in downtown York to receive Bloom grant funds

Some businesses in downtown York have been selected to receive Bloom Grant funding from Downtown Inc. to help them recover or grow their businesses. Downtown Inc announced the recipients of the 2021 Downtown Bloom Grant in a press release. The 10 downtown businesses that will receive funding, and what they plan to do with it, include: A Chinatown Express: purchase ...

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FedNor Funding to Boost Kenora Area Businesses

FedNor renews operating funding for three Northwestern Ontario Community Futures Development Corporations. FedNor announced continued funding for three Future Aid Societies in the Kenora area, helping local businesses and nonprofits access capital, business advice and support. ‘other supports. The federal agency on Friday announced more than $ 6.6 million in funding, much of which spans five years, for the Lake ...

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Large companies gain market share, but struggling small companies

The distress faced by unorganized small businesses during the second wave of Covid and the market share gains of large companies that have gone largely unscathed are said to be reflected in their June quarter results. Small businesses suffered under the weight of localized and uneven bottlenecks and shorter opening hours during the first fiscal quarter, affecting operations as well ...

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Business owners respond to $ 100 billion in stimulus money set aside in state budget – NBC 7 San Diego

California Governor Gavin Newsom on Tuesday signed a budget of $ 262.6 billion. The budget represents an agreement between Newsom and the state’s two main legislative leaders, all Democrats. The budget sets aside $ 100 billion for various forms of pandemic relief, and some will land in the pockets of eligible San Diego’s in the form of stimulus checks, small ...

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Equitable Holdings announces first sustainable financing issue of $ 500 million

NEW YORK–(COMMERCIAL THREAD) – Equitable Holdings, Inc. (the “Company”) (NYSE: EQH) today announced the completion of a $ 500 million sustainable financing issue. The issue was offered in the form of 5-year Funding Backed Notes (FABNs) through Equitable Financial Life Global Funding. The transaction attracted strong participation from sustainable bond investors, with around half of the allocations going to investors ...

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Small businesses making payments on city guaranteed loans

Small businesses in Columbus that received low-interest loans from a city-funded program designed to help keep businesses afloat during the pandemic have started repaying what they borrowed. The program, called Columbus INvigorate, loaned approximately $ 874,000 to 48 small businesses within Columbus city limits last year. The three-year loans ranged from $ 5,000 to $ 25,000 with a six-month interest ...

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Coworking Spaces Market Report Featuring CIC, Convene, and Expansive

Shaping strategic responses through industry recovery phases CIC, Convene and Expansive will become the main players in the coworking spaces market during the period 2021-2025 NEW YORK, July 8, 2021 / PRNewswire / – The coworking space market is expected to grow $ 13.35 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of ...

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Metropolitan government sells funds to various companies – 89.3 WFPL News Louisville

Black residents represent more than 23% of the population of Louisville. But, only about 2% of the city’s businesses are owned by blacks. This could be attributed to the racial prejudice and discrimination that people of color face. in the form of economic, cultural and institutional barriers. Mayor Greg Fischer on Thursday promoted the city’s efforts, including $ 14.6 million ...

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Celtics Support Minority-Owned Small Businesses With New Grants Program

A dozen small minority-owned businesses have just received Power Forward grants. The Celtics have partnered with Vistaprint and the NAACP to provide each winner with $ 25,000 plus marketing assistance. It’s all part of a social justice initiative. The grants went to various local businesses, including Dorchester-based Coils to Locs, a wig company started by Dianne Austin. Austin’s line was ...

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