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News (2424)

Agritourism Helps Small Farmers and Businesses

According to WTKR, with regular tourism down many small businesses are seeing a boost from RV owners doing ‘agritoursim’. 

During a time where the coronavirus pandemic has curtailed tourism and travel and has hit local small businesses like farms and farmer’s markets, agritourism has helped businesses see a boost and travelers get their travel itch taken care of.

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Helping Small Business Secure Government Contracts

President Biden’s new Executive Order could help minority owned small businesses secure government contracts, reports Washington Technology.

Among the raft of executive orders President Biden has signed in his first days in office is one that has the potential to revamp small business contracting.

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Small Businesses Struggle to Make Rent

A new survey from Alignable finds that 49% of all minority small businesses couldn’t make rent in January, reports Axios. 

Nearly half (49%) of all minority small business owners and a third (33%) of all small business owners were unable to pay their rent this month, according to the latest survey from Alignable.

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No Second Round of Economic Injury Relief

According to CNBC, there will be no second round of funding for the Economic Injury Disaster relief loan program. 

Small businesses that took a hit from the coronavirus pandemic will be able to draw a second Paycheck Protection Program loan. But the same isn’t true for another popular Covid-era funding source for entrepreneurs.

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More Small Business Relief Planned

Incoming President Biden has a $1.9 trillion dollar economic relief plan in the works that helps individual taxpayers and small businesses, reports CPA Practice Adviser. 

President-elect Joe Biden rolled out a $1.9 trillion coronavirus relief plan — including $1,400 stimulus payments for taxpayers who received previous stimulus payments — aimed at beating back the highly contagious virus and resurrecting an economy in tatters from the pandemic. 

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Small Businesses Eager for More PPP

Small businesses are eager to apply for the second round of funding available under the Payroll Protection Program, reports CNBC.

For Andrea Herrera, founder of Amazing Edibles Catering in Chicago, the pandemic has tested her ability to adapt on the fly amid falling revenues. 

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The Paycheck Protection Fund Will Have More Funds Available

Small businesses will have access to additional Paycheck Protection Funds, reports CNBC.

The Paycheck Protection Program will reopen on Jan. 11, offering forgivable loans to small businesses and allowing certain cash-strapped firms to borrow a second time, according to the U.S. Small Business Administration.

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Green Bay Quarterback Gives to Small Business Fund

According to the Green Bay Press Gazette, the quarterback for the Green Bay Packers is donating $500,000 to the Barstool Fund to help small businesses. 

Aaron Rodgers has donated $500,000 to The Barstool Fund to help small businesses struggling to stay afloat during the coronavirus pandemic.

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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.

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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.

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