Communities across the United States are offering Small Business Stability Grants to address the lingering problems of the pandemic along with other issues small business owners face. These grants are more accessible and address issues that can be resolved through small grants. For companies that have not taken out a PPP loan or are in need of additional funds, these are the ideal grants to help entrepreneurs until the economy recovers. Take a look at these articles to see what scholarships are available in your area.
Grants ranging from $5,000 to $10,000 are available nationwide. These grants are intended to help small business owners suffering from pandemic-related losses tackle many industries including hotels and hospitality. In addition, the grants also want to help with operating expenses, child care programs, mental health support, and other recovery efforts. Find out where these scholarships are:
In addition to grants, the SBA encourages PPP loan recipients to apply for exemption. There are still many small businesses that have not applied for their loan forgiveness. Not having to pay off the loan, such as getting additional income each month if you are approved. Whether it’s partial or total forgiveness, the money you save will help your small business. If you get the loan, apply now.
Small Business Roundup – April 29, 2022
New US purchasing rule could benefit small businesses
Don’t like getting a government contract? You know, a nice order from the Federal General Services Administration or the Department of Defense? The Federal Reserve has changed a rule in the buying process that can make this a reality for small businesses. The new US buying rule from the Biden administration has changed the US buying rule guidelines.
How bad is a labor shortage for a small business? A new study highlights
60% of small businesses are having difficulties filling vacancies, as the market challenges of the pandemic continue to emerge.
Small business owners say inflation is getting worse — energy prices are up, too
Inflation harms the ability of small businesses to hire and retain workers. As such, companies are forced to raise prices on consumers. Overall, inflationary pressures on businesses have worsened since January.
Amazon Web Services launches $30M accelerator for underserved business owners
Amazon Web Services (AWS), an Amazon subsidiary that provides on-demand cloud computing platforms, has announced that it will commit more than $30 million to startups for disadvantaged business owners. This initiative is part of the AWS Impact Accelerator, which gives high-potential and innovative startups the knowledge and tools to reach milestones.
Pawn shop owner settle PPP loan fraud case
A New Jersey pawn shop owner has settled claims related to a Paycheck Protection Program (PPP) loan.
These countries have the most trusted companies
A new study analyzing data from the Better Business Bureau (BBB) has revealed which US cities and states have the highest percentage of businesses that people trust. Countries with Most Trusted Firms The study was conducted by ZenBusiness and used data collected by the BBB, a nonprofit organization that aims to focus on boosting trust in the marketplace.
Elon Musk Buys Twitter – Impacting Small Business
Elon Musk is buying Twitter, he said. According to a FoxBusiness.com report, Twitter’s board of directors has approved Musk’s offer to make the company private for $44 billion. Twitter shareholders will receive $54.20 per share in the company they own at the time of the deal’s formalization. Musk has tweeted several times since news of the deal became public.
SBA announces “Building a Better America through Entrepreneurship” bus tour
The Small Business Administration (SBA) has announced a special bus tour dedicated to “Building a Better America through Entrepreneurship.”
Corporate sales are near 2019 levels but inflation is a concern
Business for sale transactions showed steady growth in the first quarter of 2022 according to the latest BizBuySell Insight report. Small business acquisitions are up 24% year-over-year and just 3.7% compared to the first quarter of 2019, before COVID-19 hit the market.
What you need to know about Bitcoin for your small business
As a small business owner, I’ve been avoiding cryptocurrency and bitcoin for many years. But on this week’s The Small Business Radio Show, we discuss what you need to know about Bitcoin for your small business, your customers, and your sellers. Chris Brady is a New York Times bestselling author and speaker with a new book, “The Bitcoin Bride.”
Visa and Mastercard urged not to increase credit card fees for small businesses
The National Retail Federation has added its voice to the voices of both sides of Congress in urging Visa and Mastercard to repeal increases in credit card fees.
10 Online Businesses for Sale in April
Internet based businesses can show that they have a proven business model that generates revenue. The online businesses for sale this month have achieved just that, with one set up in 2001 and still going strong.
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