[Paycheck Protection Program\Economic Injury Disaster Loan Program]
SBA Administrator Jovita Carranza: “While every American is being affected by COVID-19, the impact of this pandemic is particularly hurting our schools and places of worship, and disproportionately impacting the underrepresented communities.”
Photo: YouTube
Article: Small Business
Small Business
BLACK BUSINESSES LOSE GIANT WITH BLACK ENTERPRISE FOUNDER’S PASSING
[Black Businesses\Earl Graves\Black Enterprises]
Morial: “Graves demonstrated an almost perfect combination of intelligence, ambition, tenacity, and passion in his career… His influence can be seen everywhere from the humblest small businesses to the c-suites of the nation’s most influential corporations.”
Photo: YouTube
BLACK ENTERPRISE FOUNDER EARL GRAVES SR., PASSES AWAY AT 85
[Black Business\Earl G. Graves Sr.,]
Graves was widely considered to be the ultimate champion of Black business, launching Black Enterprise in 1970 to not only chronicle the rise of African American entrepreneurs, but also provide the tools for African Americans to succeed in business.
Photo: YouTube
SBA’S PAYCHECK PROTECTION LOANS APPEAR TO EXCLUDE MANY CONSTRUCTION COMPANIES
[COVID-19\Paycheck Protection Program]
AGC: “We urge the President and the Administrator of the Small Business Administration to immediately clarify the eligibility standard for the program so that all construction firms that employ fewer than 500 people are able to take advantage.”
Photo: YouTube
WATERS: COMMUNITY FINANCIAL INSTITUTIONS MUST BE INVOLVED IN HELPING SMALL BUSINESSES
[Community Financial Institutions]
The PPP allows financial institutions to provide forgivable loans to small businesses so they can keep employees on their payroll while having additional funds to pay rent, utilities and other costs.
Photo: YouTube
T.D. JAKES’ INTERNATIONAL LEADERSHIP SUMMIT TO HIGHLIGHT CONTRIBUTIONS OF WOMEN
[Women’s History Month\T.D. Jakes’ International Leadership Summit]
T.D. Jakes: “Female leaders bring a unique perspective and drive to the workplace. “Their brilliance, extreme drive to achieve and infectious enthusiasm are not to be missed.These women represent the fact that God has an international strategy for women.”
Photo: YouTube
THREE BUTTERFLIES COMPANY LAUNCHES MULTICULTURAL GREETING CARD LINE
Three Butterflies LLC\Little Lumpy & the Butterfly Bunch]
Comprised of Little Lumpy, Amazing, Sophie, Hector, Hazel, and the Twins, PJ & Joseph, Little Lumpy & the Butterfly Bunch, is an emerging global children’s lifestyle brand.
Photo: Three Butterflies
NEW SMALL BUSINESS ADMINISTRATOR TO TESTIFY BEFORE HOUSE NEXT WEEK
[Small Business Administration]
Rep. Velazquez: “I am looking forward to the opportunity to gain a greater understanding of Administrator Carranza’s plans to run the agency.”
Photo: Wikimedia Commons
NEW YORK CONGRESSWOMAN VELAZQUEZ SEEKS TO ADDRESS ISSUES FACING EMPLOYEE OWNED SMALL BUSINESSES
[Small Business\Employee Owned Businesses]
Rep. Velázquez. “Employee-owned companies can take on many forms, but the central premise is that interests of the employees and owners are aligned.”
Photo: Facebook
CHICAGO MAYOR LIGHTFOOT ANNOUNCES $10 MILLION IN BUSINESS GRANTS THRU 2020 NEIGHBORHOOD OPPORTUNITY FUND PROGRAM
[Black & Minority Businesses\ Chicago’s NOF Program]
Mayor Lightfoot: “Today’s announcement of additional funding builds on our commitment to drive transformative inclusive growth in neighborhoods with the greatest need. Our efforts to reform the Neighborhood Opportunity Fund grant process will support more local businesses and entrepreneurs, sending a clear message that every community in Chicago is open for business.”
Photo: Facebook