From pandemic recovery grant programs to small communities, large businesses, and even a single individual, there are a number of grants available for small businesses. As always, these grants address specific problems, and the individuals and organizations providing the funds seek to help solve a problem they see in their communities or groups of people.
When grants are created by individuals, the total amount is usually not that large, but it still helps the recipients a lot. This is the case with the grant provided by Gabrielle Union. Whether the grant is sponsored by an individual, the government, or a private organization, always keep an eye on the grants you qualify for.
With up to $10,000 available, Pandemic Recovery Grant Programs are now offered nationwide. These grants are aimed at expansion, growth, economic development, fighting inflation, and more.
Actress and businesswoman Gabrielle Union has a $75,000 grant that seeks to help Black women-owned businesses in the fashion, skincare, and hair accessories sectors. Each recipient will receive $25,000.
If you are in the hospitality and lodging industries and in Washington state, $100 million is available to help businesses affected by the pandemic.
Verizon is offering $10,000 to small businesses through its “Digital Ready” grant program in partnership with Next Street and LISC. Along with the grant, Verizon is also offering more than 40 online courses with personalized courses for free.
Small Business News
This week’s roundup also includes the SBA’s decision to halt collections on some PPP loans, which may help many small businesses struggling with current inflation-related challenges.
Builder confidence continues to rise cautiously
Builder confidence is measured at 44%, according to the National Association of Home Builders (NAHB) Housing Market Index, released this week. The HMI has risen steadily from a low of 31 in December 2022. However, the future of home construction is uncertain due to “interest rate volatility”.
SBA questioned over decision to suspend collection on some PPP loans
According to Texas Representative Roger Williams, the Small Business Administration (SBA) has decided to stop collecting Paycheck Protection Plan loans with a balance less than $100,000. The PPP predated the CARES Act, passed in March 2020 in response to the Covid pandemic. By April 2020, the SBA was distributing PPP money. The program ended on May 31, 2021.
Ranch ice cream? Brand collaboration figures, why not?
Wait, ranch flavored ice cream? Hidden Valley Ranch ice cream is one of Van Leeuwen’s seven new spring flavors. Most of the flavor alliances seem logical, like Sweet Maple Corn Bread, Blood Orange Chocolate Chip, Carrot Cake, Strawberry Shortcake, Honey Graham Cracker, and Limoncello Cake. Most of us could sit down with a cone of any of those flavors.
How what you eat drives your business success
People always emphasize exercise as a key to staying healthy while building a small business. On a daily basis, I have always believed, as one of my trainers always said, “movement is lotion”. But you also have to realize that what you fuel your body with is just as important as how much exercise (and sleep) you get.
Entenmann’s brings back classic packaging after rampant customer complaints
Entenmann’s, a New Jersey-based baked goods company, has brought back its iconic “window packaging” after receiving customer complaints about a change in its packaging design. The company had switched to a new packaging design that did not feature the transparent window, according to a Fox report, which allowed customers to see the product inside.
NFIB argues that employers can require uniforms with trade logos
Small businesses across the country will soon be free to require uniforms with trade logos and allow employees to display union logos in other ways. The National Federation of Independent Business (NFIB) filed an amicus brief in support of Tesla in a recent case before the United States Court of Appeals for the Fifth Circuit.
Etsy sellers experience payment delays after Silicon Valley Bank collapse
Etsy sellers are affected by the collapse of Silicon Valley Bank in the worst possible way. The e-commerce marketplace popular with handmade artists told sellers in an email that processing payments to their accounts could be delayed. NBC News reports that Etsy does not provide a timeline for when payments to sellers would resume.
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