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The provision of pandemic-related grants remains to be various, however there are nonetheless a variety of packages out there. As a small enterprise proprietor, you must examine along with your native authorities, chamber of commerce, or different organizations to see what grants can be found in your space.
Pandemic-related grants are nonetheless serving to small companies in a variety of methods. Listed below are a number of examples:
- Protecting working prices. Grants may also help small companies cowl their working prices, similar to lease, utilities, and payroll. This may also help companies keep afloat throughout tough occasions and keep away from layoffs.
- Investing in development. Grants may also be used to spend money on development, similar to by increasing into new markets or launching new services or products. This may also help companies emerge from the pandemic stronger than ever earlier than.
- Decreasing debt. Grants can be utilized to cut back debt, similar to by paying off loans or traces of credit score. This will unlock money move and assist companies spend money on their future.
- Offering technical help. Some grants additionally present technical help to small companies, similar to assist with advertising and marketing, enterprise planning, or monetary administration. This may also help companies enhance their operations and turn into extra profitable.
If you end up making use of for these pandemic-related grants, make sure to learn the eligibility necessities rigorously earlier than making use of. Grants are usually awarded to companies which were adversely affected by the pandemic and that meet different standards. Going via the standards and ensuring you qualify earlier than you apply will prevent time. And as all the time, flip your utility as quickly as doable and earlier than the deadline.
Small Enterprise Information July 28, 2023
The week Elon Musk modified the title of Twitter to X, learn the way it will possibly affect your small enterprise advertising and marketing. In different information, UPS and the Teamsters resumed their negotiations, and SBA reported small companies acquired $162.9 billion in federal contracts in 2022. For that and extra, have a look at the remainder of the information roundup.
Freelancer.com Information Exhibits Artistic Expertise Surging as AI Falls Quick
Freelancer.com has launched figures revealing a notable uptick in demand for human inventive expertise amid ongoing debates in regards to the affect of synthetic intelligence (AI) on job prospects. In accordance with the Quick 50 Q2 2023 report, an evaluation of over 280,000 jobs posted on Freelancer.com between April and June 2023, inventive writing emerged because the fastest-growing talent.
QuickBooks Workforce Cell App Streamlines Work and Payroll Administration
Intuit Inc. has launched its new QuickBooks Workforce cell app to streamline work and payroll administration for small and bigger companies. The announcement got here on July 17, 2023, from the corporate’s headquarters in Mountain View, California.
What Twitter’s Rebranding to X Means for Your Small Enterprise
On July 23, 2023, Elon Musk introduced that he was rebranding Twitter to X. This transfer has been met with combined reactions, with some folks praising Musk for his imaginative and prescient and others criticizing him for his lack of information of the platform. As a small enterprise proprietor, you might be questioning what the rebranding of Twitter to X means for you.
Twitter Rebrands to X
In a shock announcement, Elon Musk rebranded Twitter as X. The title change comes simply over a 12 months after Musk acquired the social media platform for $44 billion. Musk stated the title change was essential to replicate Twitter’s new route beneath his possession. “Twitter is not only a social media platform,” he stated in a tweet. “It’s the way forward for communication and engagement.
UPS and Teamsters Resume Negotiations
Subsequent week marks a key level for UPS and the Teamsters, a labor union representing a good portion of UPS’s workforce. After a hiatus, the 2 entities might be again on the negotiating desk, trying to resolve lingering points and solidify phrases that might set the trajectory for bundle supply companies for years to return.
Document-beaking Prime Day 2023 Fuels Big Gross sales for Small Companies
The primary day of Prime Day occasion this 12 months, on July 11, was the largest gross sales day in Amazon’s historical past, setting a brand new milestone for the e-commerce large and considerably benefiting small and medium-sized companies. Over the two-day buying extravaganza, Prime members worldwide bought greater than 375 million gadgets, saving over $2.
Development Trade Will get a New Software With The Launch of HP SitePrint
The HP SitePrint is now out there within the US, Canada, UK, and Eire for the development business. The robotic resolution, designed to print advanced development web site layouts with impeccable precision, is claimed to spice up productiveness as much as tenfold in comparison with guide strategies.
TikTok Implements Passkeys for Login, Becoming a member of FIDO Alliance to Bolster Safety
TikTok has launched passkeys for iOS gadgets, offering a safer login various to conventional passwords. This announcement comes with the information of TikTok’s membership within the FIDO Alliance, an business group devoted to selling safe authentication requirements.
Small Companies Recieved $162.9 Billion in Federal Contracts
The Biden-Harris administration awarded small companies 26.5% of federal contract {dollars}, exceeding their preliminary 23% aim. This equates to a $162.9 billion funding, an $8.7 billion improve from the earlier fiscal 12 months, considerably boosting the small enterprise financial system.
SBIC Program Reforms to Remodel Public-Personal Funding Program
Administrator Isabella Casillas Guzman of the U.S. Small Enterprise Administration (SBA) lately introduced a finalized rule to modernize the Small Enterprise Funding Firm (SBIC) Program. The SBIC Funding Diversification and Progress Rule, a part of President Biden’s Investing in America Agenda, will come into impact on August 17, 2023.
Radio Present #750: How This Entrepreneur Might By no means Be Denied Success
Over 15 years, I’ve interviewed hundreds of well-known and never so well-known folks.
Army Spouses Inspired to Pursue Entrepreneurship with New SBA Coaching Course
In a transfer that might probably remodel the panorama of small enterprise possession, the U.S. Small Enterprise Administration (SBA) has launched a contemporary enterprise coaching initiative, “The Army Partner Pathway to Enterprise Program.
New Jersey Auto Restore Store Proprietor Sentenced for Submitting False Company Tax Return
Gabriel Ferrari, a New Jersey man who owns and operates Buses and Vans, Inc., an automotive restore enterprise, was sentenced in the present day to 1 12 months and at some point in jail for submitting a false company revenue tax return with the IRS. In accordance with court docket paperwork and statements made in court docket, Ferrari had used enterprise funds to pay for private bills, together with playing on horse races, in 2011.
Wix Now Has Web site Creation with AI-Powered Options and Website Generator
Wix.com Ltd. introduced plans to launch an AI Website Generator and a collection of AI-powered capabilities to streamline the whole website-building course of. These new options will improve companies’ operational effectivity and development like by no means earlier than. The AI Website Generator, a groundbreaking instrument quickly to be unveiled by Wix, guarantees a radical change in web site creation.
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