The economic stimulus grants that small businesses offer can be the difference between staying open and closing altogether. Even before the pandemic, grants for small businesses offered great opportunities to continue operating and support growth with strategic funding. This week, there are scholarships for a range of challenges with lucrative funding offering $150,000 and more across the country.
The federal American Rescue Plan Act or ARPA continues to provide communities across the country with economic incentives for recovery. From Clackamas County, OR to San Luis Obispo County in California, Lubbock County, TX, Falls Church, VA and other states, with grants up to $25,000. These communities are creating their own small business grant programs to address the challenges of recent years.
The state of Illinois has several lucrative grants up to $250,000 as part of the Chicago Small Business Improvement Fund. Local businesses can apply for grants that cover between 30 and 90 percent of their remodeling or construction costs. In addition, grants are available from the Illinois Restaurant Association Educational Foundation, Feed the Seed Business Startup Grants, City of Urbana grants for select new and growing businesses, and others.
Colorado also has equally lucrative grants with up to $500,000 for everything from technology projects to artists, advanced industries, startup capital, and more. The state also offers additional grants to small businesses looking to improve the state’s manufacturing, export, cannabis and even more art projects.
Small Business News Feed – March 25, 2022
Check out what else is happening to small businesses in the rest of this week’s recap:
GIF inventor Steve Wilhite dies after battle with COVID-19
Steve Wilhite, creator of the popular Graphics Interchange Format (GIF) file format, died on March 14 due to complications from COVID-19. Wilhite, 74, is best known for creating the GIF file format while working at CompuServe in 1987, which is now used for comments, posts, and memes.
Funding Circle and Pitney Bowes Announce Small Business Loan Partnership
Funding Circle, the online small business lending platform, has partnered with Pitney Bowes, a global shipping and postal service provider, to provide small businesses with more affordable loans. Under the partnership, Funding Circle’s machine learning and technology platform will be combined with Pitney Bowes’ logistics and financial services.
Zuckerberg Says Instagram Is Becoming An NFT Marketplace
On a panel, at Austin’s South by Southwest Festival last week, Mark Zuckerberg said, “We’re working on bringing NFTs to Instagram soon.” With the switch from Facebook to Meta, this announcement is not surprising as NFTs will be an integral part of the metaverse.
10 Profitable Online Businesses for Sale in March
Electric vehicles don’t just cover cars, nowadays if they have wheels they can also run on batteries. One of the online companies for sale in this list is a brand name Electric Scooter Co. that is innovative and has enormous growth potential. The online businesses for sale in March come from BizBuySell, the largest and most visited marketplace for businesses on the Internet.
How to keep your employees in the new way of working?
How do you compete in a post-COVID world where employee retention is everything, but you still struggle to keep your teams together? How do you run your small business so that your team wants to stay with your company?
Ukraine uses NFT to fund war effort against Russia
We see many more brands using NFT, but now there is news that an entire nation is using them to generate war revenues. Ukraine is desperately trying to fund its war effort to repel Russian forces from its borders. It is used to NFTs to fund the cause.
The benefits of slow hiring and fast hiring for companies
An infographic compiled by MBA Stack, providers of useful and accurate information for current and prospective MBA students, affirms the value of hiring slowly and starting quickly. The survey shows that nearly 3 in 4 employers say they have hired the wrong person for a position.
SBA Launches Building a Better America, a Small Business Community
The American Small Business Association (SBA) has announced the launch of a new series of engagements known as “Building a Better America: A Small Business Resource Community.” In partnership with the Public Private Strategies Institute, the new virtual series aims to connect small businesses to SBA resources and networks as the U.S. economy returns to normal.
This post Lucrative Grants of $150,000 and More for Small Businesses was original published at “https://smallbiztrends.com/2022/03/small-business-news-roundup-march-25-2022.html”