April 19, 2021

Small

House Passes Rep. Kim’s Small Business Capital Bill

WASHINGTON, DC – The U.S. House of Representatives on Thursday passed the Microloan Improvement Act of 2021 (H.R. 1502), a bipartisan bill introduced by Congressman Andy Kim (NJ-03) to help small businesses access much needed capital to help them through the coronavirus crisis. 

“We need to do everything we can to help our small businesses in this critical time,” said Congressman Kim. “We’ve seen too many times during this crisis small businesses that have missed out because the system simply doesn’t reach them. This bill will make a big difference for small businesses across our country, and I’m proud to

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Small Business Administration Launching Restaurant Revitalization Fund


Application and eligibility information available in English and Spanish

Trae Lamond, the owner of Chadwicks Restaurant in Old Town. (Photo: Lucelle O’Flaherty/The Zebra Press/File photo)

ALEXANDRIA, VA-The restaurant industry has been hit hard by the pandemic. As part of the American Rescue Plan, President Biden established the $28.6 billion Restaurant Revitalization Fund (RRF), overseen by the U.S. Small Business Administration (SBA). The aim of the RRF is to bring jobs back and boost the struggling industry.

“Today, we are starting the process to help restaurants and bars across the country devastated by the pandemic, and this is our message: Help

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Statewide small business program offers many benefits | Southernminnbiz

Local businesses have a litany of resources at their disposal thanks to Small Business Development Centers throughout the state.

The centers offer free access to capital, loan packaging, financial analysis and assessments, accounting systems and literacy, marketing and research, marketing plan development, feasibility analysis, startup assistance and business plan development.

The centers, offered through the U.S. Small Business Administration, operates a state office and more than 15 satellite centers. Regional offices in Minnesota are in Bemidji, Brainerd, Duluth, Mankato, Marshall, Minneapolis, Moorhead, Rochester and St. Cloud.

SBDC State Director Bruce Strong said the organization is aware of the importance that

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CanadianSME Small Business Foundation announces the launch of UPS Small Business of the Day Campaign.

In collaboration with the Exclusive Title Sponsor, UPS, CanadianSME Small Business Foundation is promoting Small Businesses from across Canada on a daily basis on their social media platforms.

MISSISSAUGA, Ontario, April 12, 2021 (GLOBE NEWSWIRE) — CanadianSME today announced a new campaign that is intended to help small business owners in every way possible in association with their corporate partner UPS.

It’s no surprise that small businesses are the ones that were most impacted by the pandemic. While the government has provided Canadian small businesses with resources and funding to help them during these challenging times, it’s still not enough

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MLB All Star Game boycott ‘crushing’ for Atlanta small businesses

Georgia businesses are speaking out against Major League Baseball’s (MLB) decision to punish the state’s new voting law by moving the All-Star Game from Atlanta to Denver, saying the league’s decision to move the All-Star Game to Colorado was “crushing.”

Tudy Rodney of Rodney’s Jamaican Soul Food in Atlanta told FOX 5 Atlanta’s “Good Day Atlanta” on Monday that the move by the MLB was “crushing.” Rodney’s restaurant

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‘False hopes’: Small business rescue faces crunch just days after Congress extended it

Now, some advocacy groups are warning that the funding lapse could leave thousands of small businesses on the sidelines and that Congress must spend billions more, particularly to help those that Biden promised to support with more generous loan terms implemented last month.

“This is unfair for the smallest businesses to be shut out in the final hours,” said Erik Asgeirsson, an executive with the American Institute of CPAs, which is calling for more PPP funding. “A lot of false hopes were raised.”

The sudden lurch into a new PPP funding discussion just after a debate on extending the application

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