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News (2185)

Budget Asks for Small Business Increases

The Biden 2023 budget proposal includes big increases for small business funding, reports Small Business Trends. 

The Small Business Administration budget request for fiscal year 2023 includes some big increases. The budget request has been passed by the Senate Committee on Small Business and Entrepreneurship.

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Equity Could Attract Employees

According to the Greater Baton Rouge Business Report, small businesses should offer equity to employees as a way to standout from other businesses in a tight labor market.

Offering employees equity is normal for startups and tech companies, but growing small businesses, more generally, might benefit from looking at employee ownership.

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Grants Available to Small Businesses

There are a number of small business grants available nationwide, reports Small Business Trends.

In this week’s roundup, there are multiple opportunities for small businesses to apply for grants ranging from $5,000 to $20,000 and much more.

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Survived Pandemic but Squeezed by Inflation

Small businesses, after surviving the pandemic, are finding themselves squeezed by inflation, reports CNBC.

Small business owners have had a few rough years. First, the Covid-19 pandemic caused many to lose revenue. Now, they’re dealing with higher costs as inflation rises.

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Google Career Certificates for Small Businesses

According to Small Business Trends, Google is offering career certificates that will help small businesses enhance their digital skills.

The Google Career Certificates enable job seekers to study part-time for 3-6 months to gain the skills required to fill roles within in-demand fields, with no degree or experience required to be eligible.

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Meta for Small Business

What the Metaverse means for small businesses, reports Small Business Computing. 

The metaverse can be described as an interconnection of virtual worlds that employs artificial intelligence (AR), virtual reality (VR), and other immersive technologies and provides users with a digital second life.

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Congress Trying to Take Covid Funds Back

Congress is pondering taking Covid relief money back from small businesses, reports CNN.

Congress is considering taking back some of the money it authorized last year for a small business aid program in order to pay for new Covid-19 vaccines, testing and therapeutics. 

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Local Relief for Small Businesses

According to Small Business Trends, many local communities are offering additional relief programs for small businesses. 

Many small businesses are still reeling from the pandemic. Though the initial relief programs have already doled out funds, communities are still offering grants to help their local economies stabilize

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Small Business Funding

According to the Post Falls Press, there are several places small businesses can turn for funding.

The current inflationary environment in the U.S. economy can put significant pressure on small business finances making continued business operations more difficult without additional capital from some type of lending source. 

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Additional Help for Restaurants

Lawmakers could vote on a package to help restaurants with additional Covid funding, reports New Jersey Monitor.

Restaurants and other businesses that have survived more than two years of COVID-19 restrictions could see an infusion of federal dollars in the coming months, as long as U.S. lawmakers reach final agreement on a multibillion-dollar package.

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