Another round of the Paycheck Protection Program (PPP) is likely on the way to help small businesses impacted by the economic fallout from the COVID-19 pandemic. Exactly what that relief funding will look like exactly is still a matter of Capitol Hill debate. But at this time, it looks like […]
Disaster Preparedness
From adding revenue streams to pivoting hard, small businesses take action to survive – and thrive again. Learn from their stories
For small business owners fighting for survival in the pandemic economy, “we’re holding our own” is the new “we’re doing great.” That’s what it’s all about — doing what you can to survive this crisis and setting your business up for better times on the other side, whatever that may […]
COVID-19 relief funds still available. Here are three sources
Here’s the lowdown on several relief funding programs still taking applications. If you live in Miami-Dade, applications are open for a loan that gives priority to small businesses that have not received federal or state stimulus aid to recover from the economic wallop of COVID-19. The RISE Miami-Dade Fund is […]
How office space needs are changing amid coronavirus crisis
From raising questions about shared offices and open floor plan designs to increased telecommuting and new means of client and employee interaction, the COVID-19 pandemic continues to disrupt the office setting. Rethinking architecture, construction, furniture placement and design, alongside greater integration of technology, will shape the workplace of the future. […]
Covid relief update: EIDL grants program ends, but loan applications will still be processed
The U.S. Small Business Administration announced this weekend that it will discontinue issuing advances, or small grants, through the Economic Injury Disaster Loan (EIDL) Advance program. The program provided U.S. small businesses, non-profits and agricultural businesses a total of $20 billion in emergency funding. Loan applications will continue to be […]
Need a PPP but didn’t apply? You now have until Aug. 8
Update: President Trump signed the PPP extension into law on July 4. If you haven’t applied for a PPP loan yet, you have more time to do so. With $130 billion still available, Congress passed a bill extending the deadline to apply for forgivable small business loans. These loans aim […]
COVID relief: SBA is accepting applications for EIDL loans again
The U.S. Small Business Administration announced it has resumed taking new applications for pandemic-related disaster loans from all eligible small businesses and nonprofits. The SBA shut down its online application portal for the Economic Injury Disaster Loan (EIDL) program on April 16 after exhausting the $17 billion authorized by Congress. […]
Miami-Dade County to launch small business micro-loan program
Miami-Dade County is launching a $25 small business micro-loan program. It is initially targeted to help small businesses hurt by the economic disruption caused by the pandemic, The Rise Miami-Dade program is designed to help small businesses that haven’t been to get other economic aid. The county will use community groups […]
PPP loan forgiveness just got easier: Congress approves key rule changes
Small business owners that received forgivable PPP loans can breathe a sigh of relief. Congress has cleared a bill making needed changes to the federal Paycheck Protection Program, which was designed to keep small businesses afloat during the height of the coronavirus pandemic. The bill is expected to be signed […]
COVID-19 relief: Pitbull-backed program offers emergency grants to Latino small businesses
During these challenging times, Growbiz aims to bring you not only advice on growing your business but also resources and tips on surviving the economic fallout of COVID-19. We know that for many, survival is job one right now. Here is a new resource for Latino small businesses. In an […]