Many small and mid-sized business owners strongly support vaccinations for COVID-19 and plan to encourage their employees to get the shots, which are central to a return to normalcy, according to the latest PNC semi-annual national small business survey. Here are some highlights: Vaccine plans: Nearly half of those surveyed (48%) plan […]
Economy
What you need to know about the CARES Act SBA loan programs
Have questions about the alphabet soup of pandemic-related government relief programs in the CARES Act? There’s the EIDL, the EIDL grants, the PPP, the second- round PPP, and PPP forgiveness, and new SBA guidance about these programs is coming out all the time. Want to know about the Employee Retention […]
COVID-19 relief: Forgivable PPP loans again available for small businesses
Is your small business still struggling because of the COVID-19 pandemic? Chances are you are still feeling the pain. A new study launched by America’s SBDC and Thryv in November 2020, details how small businesses are still being negatively impacted by the pandemic. Among the key survey findings, the data revealed that 87% […]
We pivoted to serve you better in 2020. Here’s hoping 2021 will be a year of recovery
What a year. At GrowBiz, we strive to bring you inspirational stories, smart advice and plenty of resources for growing your small business. But by mid- to late-March it was clear that we would be pivoting, just like so many of our region’s small businesses. Instead of stories about growth […]
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 […]
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 […]
Celebrate local businesses and #ShopSmall on Saturday and all holiday season
The annual tradition of Small Business Saturday will look and feel different this year. Some years cities in South Florida planned special events and entertainment — not so much this year amid the COVID-19 pandemic. But in 2020, more than ever, our small businesses need your support. Small Business Saturday, […]
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 […]
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 […]