News (2430)
Burlington Vermont Offers Grants
Burlington Vermont is offering business owners of color access to $180,000 in grants, reports NBC 5.
The city of Burlington is giving $180,000 to small businesses and nonprofits owned by people of color. "They really want to see small businesses thrive. They want to see someone like me thrive for sure," says Mujib Khaliq, the owner of North Country Kettlebells in Burlington.
Read more...The Barstool Fund Has Nonprofit Fund for Small Business
The Barstool Fund’s nonprofit 30 Day Fund helps small businesses, reports Fox Business.
Husband and wife Pete and Burson Snyder, who founded the nonprofit 30 Day Fund to help communities and small businesses, on Thursday pledged $1 million to The Barstool Fund if the fundraising effort reaches $14 million by midnight on New Year's Eve.
Read more...Congress Approves More PPP Funding
The latest round of funding passed by congress includes more money for the Paycheck Protection Program, reports KCRA.
Small businesses struggling from the COVID-19 shutdowns are getting another round of financial help with the latest spending bill passed by Congress.
Read more...Minorities Last to Receive PPP
Data from the Paycheck Protection Program businesses owned by minorities were some of the last loans funded, reports Associated Press.
Thousands of minority-owned small businesses were at the end of the line in the government’s coronavirus relief program as many struggled to find banks that would accept their applications or were disadvantaged by the terms of the program.
Read more...Small Businesses Get Tests
Texas small businesses will soon have rapid Covid tests that they can administer to their employees, reports Click 2 Houston.
With new cases of the coronavirus and hospitalizations spiking in Texas as winter approaches, Gov. Greg Abbott on Monday launched a program to provide small businesses with rapid tests for their employees.
Read more...Additional Paycheck Protection Funds May Come
According to CNBC, the new Covid relief plan includes additional Paycheck Protection Program funds for small businesses.
Small business owners with battered finances might be in line for additional funding from the Paycheck Protection Program.
Read more...New Retirement Plan Option
According to Small Business Trends, Paychex will offer a new retirement plan program, the Pooled Employer Plan.
In response to the SECURE Act’s provisions, Paychex, Inc. will be among the first retirement plan providers to introduce a Pooled Employer Plan (PEP) to help U.S. small businesses offer a cost-effective retirement plan option for their eligible employees.
Read more...New Mexico Businesses Get Boost
Small businesses in New Mexico can apply for covid relief grants from the state, reports KOB 4.
Starting next week, small business owners in New Mexico can apply for a grant from the $100 million that state lawmakers set aside during the special session.
Read more...SF Area Business Fear New Shut Down Means End for Them
San Francisco Bay area businesses worry about surviving another shut down order, reports SF Gate.
Many Bay Area small businesses barely survived the first shutdown in March, only to go under during the summer when California's watch list system imposed another round of mandated closures.
Read more...PPP Loan Program Abused
According to NBC News, data from the Small Business Administration shows PPP loans were given to questionable recipients.
Sweeping data released by the Small Business Administration on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small businesses, an initial analysis by NBC News shows.
Read more...
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