The provision of pandemic-related grants remains to be various, however there are nonetheless numerous packages out there. As a small enterprise proprietor, you need to verify together 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 numerous methods. Listed here are a couple 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 progress. Grants can be used to spend money on progress, 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 scale back debt, similar to by paying off loans or traces of credit score. This may release money circulation 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, remember 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 by means of the factors and ensuring you qualify earlier than you apply will prevent time. And as all the time, flip your software as quickly as potential 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 might probably impression your small enterprise advertising and marketing. In different information, UPS and the Teamsters resumed their negotiations, and SBA reported small companies obtained $162.9 billion in federal contracts in 2022. For that and extra, have a look at the remainder of the information roundup.

Freelancer.com Knowledge Reveals 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 concerning the impression of synthetic intelligence (AI) on job prospects. In response to 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 ability.

QuickBooks Workforce Cellular App Streamlines Work and Payroll Administration

Intuit Inc. has launched its new QuickBooks Workforce cellular 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 know-how of the platform. As a small enterprise proprietor, chances are you’ll 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 yr after Musk acquired the social media platform for $44 billion. Musk stated the title change was essential to mirror Twitter’s new path 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 Enormous Gross sales for Small Companies

The primary day of Prime Day occasion this yr, on July 11, was the most important gross sales day in Amazon’s historical past, setting a brand new milestone for the e-commerce big and considerably benefiting small and medium-sized companies. Over the two-day buying extravaganza, Prime members worldwide bought greater than 375 million objects, saving over $2.

Building Business Will get a New Device With The Launch of HP SitePrint

The HP SitePrint is now out there within the US, Canada, UK, and Eire for the development trade. The robotic resolution, designed to print advanced building web site layouts with impeccable precision, is claimed to spice up productiveness as much as tenfold in comparison with handbook strategies.

TikTok Implements Passkeys for Login, Becoming a member of FIDO Alliance to Bolster Safety

TikTok has launched passkeys for iOS units, offering a safer login various to conventional passwords. This announcement comes with the information of TikTok’s membership within the FIDO Alliance, an trade 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% objective. This equates to a $162.9 billion funding, an $8.7 billion improve from the earlier fiscal yr, considerably boosting the small enterprise economic system.

SBIC Program Reforms to Rework Public-Personal Funding Program

Administrator Isabella Casillas Guzman of the U.S. Small Enterprise Administration (SBA) not too long ago introduced a finalized rule to modernize the Small Enterprise Funding Firm (SBIC) Program. The SBIC Funding Diversification and Development 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 May By no means Be Denied Success

Over 15 years, I’ve interviewed 1000’s of well-known and never so well-known folks.

Navy Spouses Inspired to Pursue Entrepreneurship with New SBA Coaching Course

In a transfer that might doubtlessly rework the panorama of small enterprise possession, the U.S. Small Enterprise Administration (SBA) has launched a contemporary enterprise coaching initiative, “The Navy 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 Vehicles, Inc., an automotive restore enterprise, was sentenced at present to at least one yr and someday in jail for submitting a false company earnings tax return with the IRS. In response to 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 set of AI-powered capabilities to streamline the whole website-building course of. These new options will improve companies’ operational effectivity and progress like by no means earlier than. The AI Website Generator, a groundbreaking device quickly to be unveiled by Wix, guarantees a radical change in web site creation.

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