Small businesses can start getting ready for the new round of Paycheck Protection Program loans. The PPP is returning, thanks to the recently passed coronavirus stimulus package by Congress, and it is available to businesses that already received a PPP loan. For struggling small businesses, a second round of loan […]
Disaster Preparedness
Miami Beach offers $20K small business grants, while deadlines loom for other COVID-19 grant and loan programs
While South Florida and the nation’s small businesses await news on a Congressional stimulus package that is expected to include PPP relief funds, cities and the county are either rushing to try to disperse CARES Act funding to small businesses before the end of the year, and at least one […]
Who were the biggest PPP lenders for South Florida companies? Here’s what the data tells us
As Congress continues to debate the Bipartisan Emergency COVID Relief Act of 2020 – what stays in and what doesn’t – the Paycheck Protection Program is widely expected to be part of it. The PPP, an SBA forgivable loan program through partnering lenders, will likely look a little different when […]
FIU’s Pino Center organizes record number of trainings to boost local businesses amid pandemic
During the pandemic, a common term heard among busines owners in Miami-Dade County and around South Florida is “pivot.” Retailers have pivoted to focus on more online sales, other businesses have pivoted to roll out new products or services, and restaurants have pivoted to offering more delivery or take out […]
The faces of agility and resiliency: How small businesses are fighting back
With her indoor restaurant closed, Cheesburger Baby’s owner Stephanie Vitori sought out partnerships to help keep her business afloat. In addition to pivoting to takeout and delivery only at her location, she partnered with a bar to run their commercial kitchen, serving up Cheeseburger Baby’s delicious burgers and fries to […]
COVID relief: Rise Miami-Dade Fund extends deadline, relaxes requirements for loans up to $45K
The Rise Miami-Dade Fund still has money to lend to small businesses hurt by the pandemic. Just $7 million of the $25 million fund has been dispersed to about 400 businesses since the loan program was launched in June. In an effort to get more of it out to companies […]
COVID relief: Following Miami’s lead, Coral Gables also announces small business grant program
The City of Coral Gables has announced a grant program for small businesses hurt by the COVID-19 crisis. The new Small Business Recovery Grants Program is available to Coral Gables-based enterprises with up to 30 employees. The maximum grant award is $50,000. Coral Gables’ announcement follows one by the City […]
COVID relief: City of Miami opens $20K grant program for small businesses
The City of Miami announced a new rant program for small businesses hurt by the pandemic crisis. The city will start taking applications for the grants up to $20,000 on Friday, and will continue until the $5 million pool of federal CARES Act funds runs dry. The city’s Department of Housing […]
Against the odds, Cheeseburger Baby owner says ‘I’m going to find a way’
The year 2020 kicked off like a winner for Cheeseburger Baby. The Super Bowl, the Miami International Boat Show and the South Beach Wine and Food Festival were huge for the small Miami Beach business known for its tasty classic-style burgers and accompaniments that have served celebrities, residents, workers and […]
Med Aesthetics Miami turns to the Florida SBDC at FIU Business again
Nearly a decade after the Florida SBDC at FIU Business (FSBDC) helped her launch her own business, Rosanna Bermejo again turned to the small business development center. This time, she sought help for her business, Med Aesthetics Miami, in recovering from the economic impact of the COVID-19 pandemic. The skincare and wellness […]