This week there are a number of scholarships offered by leading brands. From Wells Fargo to eBay, UPS and Indeed, along with public local, state and federal organizations, funds are now available that are essential in this dire economic climate. These grants address a range of issues facing small businesses, including recruitment, operations, business recovery, expansion, and more. Find out what’s available this week for your small business.
Wells Fargo invests $250,000 in micro-grants up to $10,000 to small businesses. Other public organization scholarships also offer a range of grants from $1,000 to $15,000 nationwide. Find out where these grants are available.
Grants of $10,000 will be awarded to small businesses along with guided online learning content in the US. The purpose of the grant is to assist business owners in their operations and provide resources to scale and grow.
With a $50 million fund, Indeed aims to help small businesses with their recruiting efforts. This is especially important now because hiring is a big problem. This is a nationwide effort by Indeed to help small businesses.
As part of Asian American and Pacific Islander Heritage Month, UPS is awarding grants to small business owners in this community. The $150,000 grant is administered by the Asian American & Pacific Islander Chamber of Commerce & Entrepreneurship (ACE).
Small Business News Feed – May 13, 2022
SBA Names Small Business Person of the Year until 2022
The United States Small Business Administration (SBA) has announced this year’s Small Business Person of the Year winner at the close of an encouraging National Small Business Week.
EIDL loan deadline approaches for small businesses and nonprofits seeking help from Hurricane Ida
Small business owners in New York, New Jersey, Connecticut, Massachusetts and Pennsylvania have until June 6 to apply for a Small Business Administration (SBA) Economic Impact Disaster Loan related to Hurricane Ida. Hurricane Ida ravaged the northeast coast for three days, September 1-3, 2021. The June 6 deadline is for completed applications.
Small increase noted in small business approval rates
Loan approval rates continue to climb slowly, but “not yet close to pre-pandemic highs,” said Rohit Arora, CEO of Biz2Credit. Biz2Credit is an online lending platform and reports monthly on loan approval rates. The report is based on loan applications from 1,000 small business owners. The report includes loan approval rates through April 2022.
Small Biz in :15 – Mike Blumenthal on how to respond to negative reviews
Most small business owners are aware of online business reviews. They let you know what your customers like about your products and services and what they don’t.
The most popular and best-selling NFT collections this week
This has been a very bad week for NFTs as sales fell over 90%. However, Otherdeed for Otherside managed to generate over $380 million in sales for the week. So there are ups and downs, just like other markets. The key is to be well informed before making your purchase and also to realize the speculative nature of NFTs as an investment vehicle is through the roof.
Shopify says its merchants have created nearly 5 million jobs
Canada-based global e-commerce company Shopify says its merchants contributed 5 million jobs and $444 billion in global economic activity by 2021. That’s a 45% increase from 2020. Shopify merchants sold $25 billion worth of goods and services outside of their home country. Small businesses accounted for $11 billion of the $25 billion.
Why you need TikTok in your small business
When people ask where to find me on social media, I say, everywhere except TikTok.” But now I realize that so many small business owners use videos on TikTok (and you don’t need to be able to dance!) in their marketing strategy. The growth of Tik Tok stats as a social media platform is nothing short of astonishing.
Finally! Apple offers customers self-service repair kits to fix broken iPhones
Good news for Apple customers, as the company recently announced that Self Service Repair is now available, including repair manuals and genuine Apple parts and tools that can be purchased through the Apple Self Service Repair Store.
Webinar National Women’s Business Council Details Female Biz Owners Statistics and Resources Available to Them
According to US Census Bureau statistics, 1.2 million women were entrepreneurs in 2019. But with a total of 5.7 million business owners in the US in 2019, women-owned companies accounted for 20.9% of the pie, according to Adji Fatou Diagne, research economist at the Center for Economic Studies, US Census Bureau. About three quarters of those female entrepreneurs were white women.
QuickBooks Announces New Premium Integrations
Intuit QuickBooks recently announced that they are introducing two new premium integrations for QuickBooks Online Advanced. QuickBooks Announces New Premium Integrations The first integration is Spreadsheet Sync, which enables two-way synchronization with Excel to help customers streamline their reporting processes.
Inflation also affects car insurance prices
Inflation has been taking its toll on many aspects of life in the US lately, and major auto insurance companies have now filed for rate hikes this year as well. Inflation also affects auto insurance prices Auto insurance premiums have already risen from 5% to 15%, which is an increase of about $16.55 per year or $138 per month.
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