Financial assistance

Bayside and Georges River eligible for disaster recovery assistance | County Leader of St George and Sutherland

Bayside and Georges River local government areas are eligible for disaster recovery assistance and there are several Australian Government and New South Wales Government grants available to help affected individuals and businesses in the recovery phase. “This government assistance will help ensure communities can recover, rebuild and return to some sort of normality as soon […]

Technical assistance

Honoring Black Achievements – Precinct Reporter Group News

Double the work to do, during Black History Month and beyond February is Black History Month – an annual commemoration of the achievements of Black Americans and their remarkable impact on history. It’s a time to celebrate the cultural legacy shaped by generations of Black Americans who for many decades fought for fairness – a […]

Technical assistance

Lithuania lifts Covid-19 restrictions to welcome international tourists

Hopes that the tourism industry would rebound from the devastating effects of the COVID-19 pandemic have been dashed by the spread of the Omicron variant wildfires. In an exclusive interview with UN News, Zoritsa Urosevic, Executive Director of the United Nations World Tourism Organization (UNWTO), called for new ideas to revive the sector. The United […]

Technical assistance

National Urban League and Small Business Association Launch Community Navigator Program

This community-based program will engage and support underserved small businesses, including micro and rural businesses, with a focus on those owned by women, veterans, and socially and economically disadvantaged people. LOS ANGELES, 01 Feb. 11, 2022 (GLOBE NEWSWIRE) — The National Urban League (NUL) and the U.S. Small Business Administration (SBA) have announced a pilot […]

Technical assistance

People of Color Small Business Relief Program

MANCHESTER, NH (AP) — The Manchester NAACP and the New Hampshire Community Loan Fund are launching an effort to provide financing and coaching to small businesses owned by people of color. The initiative began with interviews with 45 Greater Manchester business owners who identify as black, indigenous or of colour, about their strengths, challenges and […]

Technical assistance

Michelle Deal-Zimmerman: Our hopes for Baltimore in the new year | REMARK

As a recent transplant, I’m grateful to have landed in Baltimore and found a community of like-minded people who think big and believe big things are possible. I love energy and enthusiasm, although I’m not all sunshine and rainbows. I see the challenges of divestment, education, housing, and racial disparity, but I’ve learned that magic […]

Technical assistance

Tacoma Continuous Acceleration Program Launches – The Suburban Times

City of Tacoma announcement. TACOMA, Washington – The Minority Business Development Agency (MBDA) Washington Business Center, in partnership with the Tacoma-Pierce County Economic Development Board (EDB), has launched Continuous Acceleration, a program providing a continued support for Blacks, Indigenous (and) Small Businesses owned by People of Color (BIPOC) and graduates of regional acceleration programs. The […]

Technical assistance

Inland Empire Group Seeks $ 100 Million In Federal Grants To Promote Racial Equity In Logistics Industry – Daily Bulletin

An Inland Empire collective of nearly 100 members – from universities and nonprofits to industry leaders, small businesses, unions and advocates – prepare to apply for federal funding $ 100 million to promote racial equity and sustainability in the region booming logistics sector, said a spokesperson for the collaboration. The collective Inland Economic Growth and […]

Technical assistance

Las Cruces residents can comment on the use of US federal bailout funding

The City of Las Cruces Economic Development Department conducted a competitive RFP process for community and economic development initiatives. The City planned to allocate approximately $ 10.4 million in federal funds for programs or services that addressed or mitigated the negative impacts of the COVID-19 pandemic on households, businesses or residents who have been affected. […]

Technical assistance

Plank Road Small Businesses Receive Economic Revitalization Aid

BATON ROUGE, Louisiana (BRPROUD) – A new program is helping small businesses around the Plank Road area in Baton Rouge. Build Baton Rouge with TruFund and Metromorphosis worked together to help North Baton Rouge businesses grow and redevelop. It’s all part of their new Advancing Cities Baton Rouge Business Development Program. After surviving the hardest […]

Technical assistance

Grant to Minority-Owned Valley Small Businesses for Economic Recovery

FRESNO, Calif. (KFSN) – In downtown Fresno, a check for $ 3.25 million has been presented to nonprofits and financial institutions that lend to low-income entrepreneurs. The grant comes from the Wells Fargo “Open for Business Fund”. “Our goal is to create an ecosystem of business resource partners that will allow our small businesses to […]

Financial assistance

Hurricane Ida Aid To Small Businesses Surpasses $ 1 Billion | New

WASHINGTON – U.S. Small Business Administration Administrator Isabella Casillas Guzman today announced that the agency has provided more than $ 1 billion in relief funds to small businesses, homeowners, tenants and to private non-profit organizations recovering from the damage caused by Hurricane Ida in September. “Hurricane Ida left a trail of damage, and the SBA […]

Technical assistance

$ 2.5 million grant to encourage small business development in underserved communities | Business

The Arkansas Center for Small Business and Technology Development at the University of Arkansas at Little Rock received a $ 2.5 million grant to engage in targeted outreach activities with small businesses in underserved communities. A center office is located at Southern Arkansas University. The US Small Business Administration (SBA) provided competitive funding under the […]

Tech support

Tech surveillance campaign challenges big tech to hide behind small businesses – TechCrunch

Time and time again, the most powerful tech companies have pushed the narrative that any threat to their own trillion dollar businesses will reverberate, hurting small businesses that depend on their products. But unlike the warm and fuzzy anecdotes Big Tech has rolled out over the years, some business owners struggle to rely so much […]

Technical assistance

Three Kansas Main Street towns to be added through competition

Governor’s office TOPEKA – Governor Laura Kelly has announced plans to expand the Kansas Main Street program to three more communities this winter. Phillipsburg, Russell and Hoisington are currently members of the program. “When our main street businesses are successful, our entire economy is successful,” Governor Kelly said. “That’s why my administration relaunched the Kansas […]

Tech support

PSI Services wins 2021 Tech Cares award from TrustRadius

PSI Recognized for Giving Back to Employees, Customers and Community with 2021 Tech Cares Award from TrustRadius GLENDALE, California, October 7, 2021 / PRNewswire / – PSI Services LLC, a global workforce solutions company, has been recognized with a 2021 Tech Cares Award from TrustRadius. This second annual award celebrates companies that have gone above […]

Tech support

Administrator of United States Economic Development. Awards $ 2 million in grants to support MI tech startups

Governor Gretchen Whitmer, in conjunction with the Michigan Economic Development Corporation, announced that three Michigan SmartZones have received more than $ 2 million in grants from the US Economic Development Administration (EDA) to support programs that “fuel innovation. and technology-based economic development. . “ “In Michigan, we are focused on supporting small businesses and providing […]

Technical assistance

Minority-Owned Businesses in Los Angeles to Get Financial Boost – Los Angeles Sentinel | Los Angeles Sentry

JPMorgan Chase and the Local Initiatives Support Corporation (LISC) have launched a $ 2.65 million pledge to provide capital and resources to entrepreneurs of color in Los Angeles. Los Angeles has the largest small business economy in the United States, with over 250,000 small businesses. However, there is a dearth of capital available for these […]

Financial assistance

Ulster County receives $ 1 million in CARES funding to help struggling small businesses – Daily Freeman

KINGSTON, NY – Ulster County has received $ 1 million to provide direct financial assistance to struggling small businesses through federal CARES funding from the Office of Homes and Community Renewal, according to the office of the County Executive Pat Ryan. Qualifying businesses must have 25 or fewer employees and must be owned by someone […]

Technical assistance

Nonprofits serving San Diego residents could be eligible for more than $ 4.2 million in federal funding

SAN DIEGO – Nonprofits serving low and moderate income communities in San Diego will be eligible for millions of dollars in federal funding for programs, operations and facility needs, city officials said Friday. The City of San Diego Department of Economic Development accepts applications from nonprofit groups seeking funding for programs that provide community services […]

Technical assistance

KSU Pollution Prevention Awareness Funding

The Pollution Prevention Institute at Kansas State University received a grant of $ 333,000 from the Kansas Department of Health and Environment, or KDHE, to provide free and confidential environmental compliance assistance to small businesses in Kansas. Nancy Larson, director of the Pollution Prevention Institute, said the funding will allow the program to provide a […]

Tech support

Chinese Tech Executives Support “Common Prosperity”, Help Small Businesses At Internet Summit

Alibaba Group CEO Daniel Zhang (Zhang Yong) speaks at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China on November 23, 2020. REUTERS / Aly Song / File Photo WUZHEN, China, September 26 (Reuters) – Chinese technology officials, facing repression from the authorities, pledged on Sunday to support Beijing’s “common prosperity” campaign and help […]

Technical assistance

Procurement opportunities for minority-owned businesses

Procurement opportunities are abundant for women and minority-owned businesses. However, when it comes to looking for contracts with federal, state, county or municipal governments, large corporations, schools systems, and more, “You must be there [bidding on contracts], or you don’t exist, ”says Andrew Bennett, procurement consultant for New Jersey Small Business Development Centers (NJSBDC). “It’s […]

Technical assistance

Governor Hochul announces expanded eligibility for $ 800 million small business recovery grant program in COVID-19 pandemic

Governor Kathy Hochul today announced New York State’s $ 800 million COVID-19 changes Pandemic Small Business Recovery Grants Program which will allow more small businesses to apply for financing. As of today, businesses with revenues of up to $ 2.5 million can apply for grants, up from $ 500,000 previously. In addition, the limit for […]

Technical assistance

Celebrate National Farmer’s Market Week 2021 |

The South Dakota Specialty Producers Association (SDSPA) is joining Farmers Markets across the country to celebrate National Farmer’s Market Week August 1-7, 2021. In the midst of a global pandemic, Farmers’ Markets, like all other small businesses, have innovated to keep doing business for farmers and the communities that depend on them. Market managers have […]

Technical assistance

READING: US Small Business Administration Hosts Webinar For Small Business Owners On … |

Washington, July 10, 2021 (GLOBE NEWSWIRE) – On Thursday, July 8, the US Small Business Administration and the Public Private Strategies Institute hosted a New England (Connecticut, Maine, Massachusetts) area briefing. New Hampshire, Rhode Island, Vt.) For small business owners on recovering from COVID-19 as part of the “Getting Back on Track: The Help is […]

Technical company

FBI – Virginia Settlement Attorney Sentenced to Jail for Conspiring to Fraudulently Obtain Over $100 Million in SBA-Backed Loans

BALTIMORE—U.S. District Judge William D. Quarles, Jr. sentenced Seung E. Oh, aka Sandy Oh, 44, of Great Falls, Virginia, today to 51 months in prison, followed by three years of probation , for conspiracy to commit bank fraud and money laundering in connection with a scheme to fraudulently obtain business loans guaranteed by the Small […]

Technical company

Guaranteed-return product under NPS likely by year-end, says PFRDA

The regulator’s chairman, Supratim Bandyopadhyay, said talks had already taken place last year on the guaranteed minimum return product. NPS is a market-linked insurance product and has generated returns close to 10% over the past ten years. Speaking at a press conference, Bandyopadhyay said that whatever guaranteed products were present in the insurance industry, they […]

Technical company

United States processes over $ 500 billion in small business loans to stem coronavirus fallout | Money

The average loan size in the second round of PPP loan processing was US $ 79,000. Reuters photo WASHINGTON, May 4 – The United States has provided more than US $ 500 billion (RM 2.15 trillion) in loans to small businesses hit hard by the coronavirus pandemic, and approximately US $ 145 billion remains in […]

Technical company

US Provides More Than $ 500 Billion In Small Business Loans Amid COVID-19

The United States has provided more than $ 500 billion in loans to small businesses hit hard by the coronavirus pandemic and about $ 145 billion remains in the congressional-approved fund, the Small Business Administration and the department said on Sunday. from the United States Treasury. The SBA has processed approximately 2.2 million loans worth […]

Technical company

Government-backed coronavirus loans and holiday bill exceed £ 60bn

More than £ 40 billion has been loaned under four government loan programs designed to support businesses during the coronavirus pandemic. The Treasury has revealed that rebound bank loans to businesses reached £ 28.1 billion through June 21 for 921,229 companies, out of 1.12 million applications. The loans are 100% guaranteed by the taxpayer. He […]

Technical company

Businesses can get COVID-19 relief loans as early as Friday | Economic news

By JOYCE M. ROSENBERG, AP Business Writer NEW YORK (AP) – Small businesses seeking loans through the government’s $ 2 trillion coronavirus relief program could receive cash as early as Friday. The prediction came from senior administration officials on Tuesday who spoke to reporters about the details of the loan program. Companies will be able […]

Technical company

Covid loans could cost government up to £ 27bn

The government expects to lose up to £ 27bn on three coronavirus loan programs it has put in place to bail out UK businesses at the height of the lockdown. The Department for Business, Energy and Industrial Strategy (Beis) said the Bounce Back loan scheme could cost it at least £ 13.3bn, but possibly as […]

Technical company

Updated SBA ‘Necessity’ Guidelines serve as a warning to borrowers who have already obtained or applied for Paycheck Protection Program loans

In response to the economic crisis caused by the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted and devoted $ 349 billion to the Paycheck Protection Program (“PPP”) . After all funds were used up in less than two weeks and Congress worked to pass an additional stimulus package […]

Technical company

10 secured PPP loans from Puerto Rico co. SBA-backed $ 5-10 million – News is My Business

On August 4, the site will begin accepting applications from borrowers who have a PPP loan with a lender who has opted for the remission system. (Credit: Designer491 | Dreamstime.com) The US Small Business Administration has revealed that it has guaranteed nearly 2,000 loans worth between $ 150,000 and $ 10 million through its wage […]

Technical company

Hundreds of companies with PPP loans have gone bankrupt

Some 300 companies that received government loans linked to the Paycheck Protection Program (PPP) pandemic have filed for bankruptcy, according to a Wall Street Journal analysis released Tuesday. Many companies, which altogether employ some 23,400 workers, said the loans were not enough to keep them afloat, especially since there were no additional stimulus payments even […]

Technical company

Does Personal Credit Affect Business Loans?

Do business loans use personal credit? Usually yes. Unlike CEOs of large public companies, whose personal financial situation has little impact on their business borrowing, if you are a small business owner, your personal credit is a major factor influencing your access to capital. your business. There are many reasons why small business owner personal […]

Technical company

Irish businesses need ultra-cheap state-backed bank loans to survive

The government will almost certainly have to guarantee ultra-cheap loans for Irish banks to inject into businesses if many small businesses are to survive the Covid-19 economic storm, according to economics professor Alan Ahearne, who is an adviser to the Central Bank. In an interview with the Irish Examiner, the director of the Whitaker Institute […]

Technical company

‘More debt is not the solution’: why the government’s COVID-19 loan program will probably never work

Treasurer Josh Frydenberg. After three months, only four percent of the $ 40 billion available under the federal government’s COVID-19 loan program has fallen into the hands of SMEs. Recognizing this, the government decided on three improvements: The duration of guaranteed loans can be extended from three to five years; SMEs can now borrow up […]

Technical company

Fresno SBA office announces record lending levels

Downtown Fresno SBA District Office via interiorintervention.blogspot.com published on December 4, 2017 – 12:33Written by Business Journal staff The US Small Business Administration announced record levels of small business loans from its Fresno office, which covers an area of ​​15 counties in the Valley and the Central Coast. For fiscal 2017, the Fresno SBA guaranteed […]

Technical company

Center ready to provide up to 100% credit guarantees for MSME loans: sources

New Delhi / Mumbai: The Indian government has confirmed a proposal to guarantee loans to small businesses by financial institutions as it seeks to revive business when the coronavirus lockdown begins to ease, a government source said and two bank managers. “Up to 100% of loans to MSMEs (micro, small and medium enterprises) would be […]

Technical company

$ 9 million in grants and $ 5 million in loans for small businesses

Trade Minister Joey Hew at Monday’s press conference (CNS): Commerce Minister Joey Hew announced a low-interest loan program for 100% Caymanian-owned micro and small businesses and a grant initiative for local businesses that could survive the post-COVID-19 economy. At Monday’s press conference, Hew described the first steps in a stimulus package the government plans to […]

Technical company

UK finance offers to repackage state-guaranteed coronavirus loans

LONDON (Reuters) – Britain’s financial sector is proposing repackaging some 35 billion pounds ($ 44 billion) in state-backed coronavirus business aid loans to ensure taxpayers don’t foot the bill. The UK government introduced state guaranteed loans after a coronavirus lockdown in March forced thousands of businesses, large and small, to close for several months. “Many […]

Technical company

Small Businesses Will Benefit From Cheap Sh3b State Loans

Small and medium-sized businesses will have access to cheap secured loans from banks, starting today, as the state prepares to improve their survival. It was after Cabinet Secretary of the Treasury Ukur Yatani (on the picture) officially unveiled a credit guarantee scheme that will allow small businesses affected by the pandemic to access cheap loans […]

Technical company

Over 1.1 million small business loans canceled by recently reopened paycheck protection program

WASHINGTON, DC (WWTI) – More than a million loans have already been canceled for small businesses across the country. The Small Business Administration of the United States announced that it canceled more than 1.1 million Paycheck Protection Program loans during the recently opened first draw period. According to the SBA, this has totaled more than […]

Technical company

US securities regulator examines state-owned companies that have taken out emergency loans – sources

Band Koh Gui Qing NEW YORK, May 14 (Reuters) – The U.S. securities regulator has asked public companies that have received emergency government loans to prove they are eligible for the funds and has made consistent statements to investors about their need for assistance, said to Reuters two people aware of the request. The Securities […]

Technical company

Government pushes PSU banks to provide cheaper loans to small businesses

NEW DELHI: Government pushes public sector banks to provide additional working capital to small businesses at 7.5% interest rate under loan guarantee program which offers to provide up to Rs 3 lakh crore, while asking them to ensure that older people get higher returns. on their term deposits. While reducing deposit rates – to ensure […]

Technical company

SBA Granted Black Women Over $ 160 Million In Business Loans In 2018

The rise of black women-owned businesses helped the US Small Business Administration post double-digit dollar earnings this year in loan approvals for these businesses. The SBA’s 7 (a) loan program, the agency’s main and most common loan program, approved 696 loans for just over $ 166.7 million for African-American businesses, an increase of 3% in […]

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Jonah Bank of Wyoming granted $ 51,914,250 in PPP loans to businesses in Casper and Cheyenne

Jonah Bank of Wyoming announced that it processed 460 loans totaling $ 51,914,250 under the Small Business Administration’s Paycheck Protection Program (PPP) to help small businesses in Casper and Cheyenne support payroll and related costs. The average loan amount was $ 112,857 as of May 29. The PPP, which was originally launched on April 3 […]

Technical company

‘Significant increase’ in Covid-19 credit guarantee scheme loans by R200 billion

There has been an improvement in uptake of the Covid-19 credit guarantee program for small businesses whose operations have been adversely affected by the virus and the lockdown – with efforts underway to change some of the eligibility criteria in order to further increase demand. Lily: R100 billion Covid-19 loan program now operational The program […]