Helping Businesses Grow & Succeed
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 […]
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 […]
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 […]
In the challenging capital-raising environment that we are in, entrepreneurs have been increasingly tapping their own crowds. That crowdfunding appears to be trending now perhaps shouldn’t be surprising. In survey after survey – even before the coronavirus crisis – access to capital is always one of the biggest challenges cited […]
By Gerri Detweiler – Guest Contributor A Trade Reference is a report detailing the payment history between a business customer and its supplier or vendor. Trade references may be supplied verbally, in the form of a trade reference letter, or by reporting payment history to commercial credit reporting agencies such […]
By Dileep Rao – Guest Contributor There will never be enough new business financing to satisfy all the world’s entrepreneurial hopes. Having been to many venture-development conferences, I have found that one theme remains constant – entrepreneurs everywhere, and the venture developers who promote them, seem to constantly complain about […]
By Dileep Rao – Guest Contributor Billion-Dollar Entrepreneurs (BDEs) are defined as entrepreneurs who have built ventures from startup to more than $1 billion in sales and valuation. Billion-Dollar Entrepreneurship (BDE-ship) is defined as the process used by BDEs to build these ventures. This blog explains the difference between the […]
By Gerri Detweiler – Guest Contributor If you took out a Paycheck Protection Program loan for $50,000 or less, you may be able to use a new application — Form 3508S — to obtain forgiveness. This application does not make forgiveness automatic, but it will make it easier for some […]
“Opportunity Zones” — everybody seems to be talking about it these days. If you’ve been wondering what this investment tool is all about, you’ve come to the right place. What are Opportunity Zones? Created by the 2017 Tax Cuts and Jobs Act, Opportunity Zones are an important economic development tool […]
Small businesses eager to have their SBA Paycheck Protection Program loans forgiven could begin receiving forgiveness decisions in the coming weeks. That may ease the fears small businesses worried that they may be on the hook for the money when they are barely holding on through this coronavirus crisis. But […]