This week there are a series of scholarships offered by leading brands. From Wells Fargo to eBay, UPS and Indeed, along with funding from local, state and federal public organizations that are essential in this low economic climate, are now available. These grants address a variety of issues facing small businesses, including hiring, business operations, business recovery, expansion, and more. Find out what’s available for your small business this week.
Wells Fargo is investing $250,000 in microgrants of up to $10,000 for small businesses. Other public organization grants also offer a range of grants from $1,000 to $15,000 across the country. 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 goal of the grant is to help business owners with their operations and provide resources to scale and grow.
With a $50 million fund, Indeed seeks to help small businesses with their recruiting effort. This is especially important now because hiring is such a big deal. This is a national 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 will be administered by the Asian American and Pacific Islander Chamber of Commerce and Entrepreneurship (ACE).
Small Business News Roundup: May 13, 2022
SBA Names 2022 Small Business Person of the Year
The US Small Business Administration (SBA) has announced the winner of this year’s Small Business Person of the Year to round out an encouraging National Small Business Week.
EIDL Loan Deadline Approaches for Small Businesses and Nonprofits Seeking Hurricane Ida Relief
Small business owners in New York, New Jersey, Connecticut, Massachusetts and Pennsylvania have until June 6 to apply for an economic impact disaster loan from the Small Business Administration (SBA) related to Hurricane Ida. Hurricane Ida hit the northeast coast for three days, September 1-3, 2021. The June 6 deadline is for complete applications.
Small increase seen in small business loan approval rates
Loan approval rates continue to rise slowly but are “still nowhere near pre-pandemic highs,” according to Biz2Credit CEO Rohit Arora. Biz2Credit is an online lending platform and reports loan approval rates on a monthly basis. 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, with sales plummeting by over 90%. However, Otherdeed for Otherside managed to generate more than $380 million in sales for the week. So, there are ups and downs, just like other markets. The key is to educate yourself well before you make your purchase and also to realize that 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 in 2021. That’s a 45% increase from 2020. Shopify merchants sold $25 billion in goods and services outside their countries of origin. Small businesses accounted for $11 billion of the $25 billion.
Why you need TikTok in your small business
When people ask where they can find me on social media, I say, everywhere except TikTok.” But now I realize that many small business owners are using videos on TikTok (and you don’t have to know how to dance!) in their marketing strategy. The stats growth of Tik Tok as a social media platform is incredible.
At the end! Apple offers self-service repair kits to customers to fix broken iPhones
Great 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. .
National Council of Women in Business webinar details statistics on female business owners and resources available to them
According to statistics from the US Census Bureau, in 2019, 1.2 million women owned businesses. But with a total of 5.7 million business owners in the US in 2019, women-owned businesses made up 20.9% of the pie, according to Adji Fatou Diagne, a research economist at the Center for Economic Studies at the Bureau of Economic Studies. from the US Census. About 3/4 of those women business owners were white women.
QuickBooks announces new premium integrations
Intuit QuickBooks recently announced that it will introduce 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 has an impact on car insurance prices
Inflation has recently been affecting many aspects of life in the US, with major auto insurance companies now asking for rate increases this year as well. Inflation also has an impact on car insurance prices Car insurance premiums have already increased from 5% to 15%, which is an increase of about $16.55 a year or $138 a month.
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