As more Americans receive the COVID-19 vaccine, states lift restrictions, and businesses continue to reopen, a majority (65%) of small business owners are more optimistic that the worst of the pandemic is over. That’s according to the Q2 2021 MetLife and U.S. Chamber of Commerce Small Business Index released this week. […]
Economy
Florida SBDC at FIU Business posts record level of assistance for small businesses to recover and thrive
The Florida SBDC at FIU Business (FSBDC) has increased its support to the small business community in Miami-Dade and Monroe Counties, getting funds into business owners’ hands, developing strategies for recovery from the impact of COVID-19, and setting the stage for growth. Since January, the organization has secured $9.9 million in contracts […]
FSBDC at FIU helps Creativo Dance Studio make the right moves toward full recovery
Daysi Cepeda never thought about closing her Creativo Dance Studio before 2020, when the pandemic shook her to her core. Since 2002, Cepeda had been teaching young students dance in her studio locations, watching them blossom into happy, self-confident girls and boys. She adjusted the programming over the years and […]
Just 35% of Florida small businesses can maintain payroll without additional PPP, Goldman Sachs survey says
While America’s Main Street businesses are reopening as the vaccine rollout makes serious headway, small businesses are still very worried about maintaining payroll through the summer without additional relief, says a new national survey of small business owners called Goldman Sachs 10,000 Small Businesses Voices. Its part of a series […]
COVID relief: New details about the Restaurant Revitalization Fund
Restaurants and bars are another step closer to getting financial help after experiencing devastating losses during the COVID-19 pandemic. The long-awaited opening of the Restaurant Revitalization Fund is now close finat hand. The U,S, Small Business Association has released some key details about the pandemic relief program for the restaurant […]
COVID relief: Shuttered Venue Operators Grant program opens. What you need to know
UPDATE: The SBA ran into technical difficulties and has paused the Shuttered Venue Operators Grant Program while it works with the vendor to reopen the program. The Small Business Administration i launched its $16.25 billion Shuttered Venue Operators Grant program today, but the application process will go in steps. The […]
More restaurant relief on way via the Restaurant Revitalization Fund
It’s no secret that restaurants were one of the hardest-hit industries during the COVID-19 pandemic. The newly passed American Rescue Plan Act aims to help restaurants, bars and related businesses with a new grant program called the Restaurant Revitalization Fund. The RRF will offer $28.6 billion in grants to hard-hit restaurants and […]
PPP program extended but funding may run out, plus the latest with the EIDL and Shuttered Venue grants
Thousands of small businesses struggling to stay afloat because of the pandemic are getting extra time to apply for forgivable, low-interest loans. The Senate voted overwhelmingly to extend the deadline of the Small Business Administration’s Paycheck Protection Program to May 31, and. President Joe Biden is expected to sign it […]
8 Ways the American Rescue Plan Will Help Small Businesses
By Gerri Detweiler – Guest Contributor The American Rescue Plan Act has passed the House and Senate, and President Biden is expected to sign it this week. It includes a number of provisions that will help small business owners— including those who are self-employed or are independent contractors— in the form […]
COVID relief: SBA issues new PPP guidance aimed at smallest businesses
U.S. Small Business Administration on Wednesday released new guidance on the changes to the Paycheck Protection Program. The changes to the popular program focus on reaching the hardest-hit businesses. Here’s what you need to know about the changes in the final month of the PPP application period unless the program gets […]