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 […]
Resources
COVID resources: Free 5-hour digital marketing course available for small businesses
BizHack Academy and the Village of Pinecrest have joined forces to offer any business impacted by COVID-19 a 5-week crash course in digital marketing – at no cost to the small business. This training is funded through the federal CARES Act. This five-hour course will cover how to use digital marketing to drive revenue and increase brand awareness. Each week, it will […]
Look for veterans to help lead our economic recovery
On this Veterans Day, we honor our veterans and their families for their tremendous sacrifices for our country and its people. From the bottom of our hearts, thank you for your service. We’re here to also make the case that now more than ever, it is also the time to […]
If your PPP loan was for $50,000 or less, forgiveness just got a bit easier
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 […]
Interested in Opportunity Zones? We have some resources for you
“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 […]
10,000 Small Businesses: Now 526 companies strong and growing to help South Florida entrepreneurs
The Goldman Sachs 10,000 Small Businesses at Miami Dade College program has been helping small businesses grow since the first of its 16-week training programs launched in early 2014. In late August, the entrepreneurship program kicked off its 20th cohort. So far, 526 companies have graduated from the local […]
COVID relief update: The lowdown on PPP loan forgiveness, as it stands now
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 […]
Covid crisis spurs coffee business to refocus on core strengths and community connection
The java tastes unique and delicious in a shop that delivers an uplifting and welcoming experience. And all the while, the proprietors are successfully facing down the challenges of the pandemic economy. Gail Hamilton Azodo and her husband Uchendu Azodo opened SIPS, a coffee roasting company and eatery, in July 2019 […]
Grit, pivots and a rallying cry: How MBF and its small business clients navigate this crisis
Michael Sellinger of Miami Bayside Foundation recalls the early days of the COVID-19 crisis checking in on small business clients and offering MBF’s help. Bayside is a nonprofit organization that mentors, holds training programs, and facilitates loans for small businesses in Miami’s underserved communities. His message: “There is nothing you can […]
The state of small business now and 6 ways to move forward
Not a headline you want to see: Miami metro area in top 10 in U.S. for business closures. But here we are. In Yelp’s most recent economic impact report for September, which focuses on business closures caused by Covid-19 from March 1 through August, the Miami-Fort Lauderdale metro region had […]