COVID-19 Resources
SBA Awards $7.5 Billion in Shuttered Venue Operator Grants
This week, the U.S. Small Business Administration reached a new milestone of successfully awarding over $7.5 billion in Shuttered Venue Operators Grants (SVOGs) to more than 10,000 hard-hit live entertainment small businesses, nonprofits, and venues. The SVOG program is designed to assist in getting the nation’s cultural institutions, which are critical to the economy and were among the first…
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Small Business Administration Hosts Webinar for Small Business Leaders on Economic Recovery
Earlier this month, as part of the “Vaccine Month of Action,” The White House, the U.S. Small Business Administration, and Public Private Strategies Institute hosted a regional briefing for small business leaders on COVID-19 recovery as part of the “Getting Back on Track: Help is Here” webinar series. Over 2,000 participants joined the live briefing featuring former…
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SBA Reconvenes the Council on Underserved Communities
The U.S. Small Business Administration announced Tuesday that it is reconvening the Council on Underserved Communities (CUC) under the authority of the Federal Advisory Committee Act (FACA). The restoration of the Council will help support the SBA’s prioritization of equity across its programs and initiatives. The Council will consist of 20 diverse stakeholders from every region of…
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HR Tips for Growing Businesses
Did you experience difficulties with your supply chain due to the Covid-19 pandemic? This was a common experience for businesses over the past year, and many have adjusted their supply model in response, adopting a more regional approach. But this comes with its own questions, including how to maintain efficiency and manage employees and partner…
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Closure of the Paycheck Protection Program
Yesterday, U.S. Small Business Administrator Isabella Casillas Guzman issued the following statement on the closure of the Paycheck Protection Program (PPP) to new loan guaranty applications, which has provided over $798 billion in economic relief to small businesses and nonprofits across the nation, keeping employees employed and helping businesses come back stronger than ever. “The Paycheck Protection Program provided…
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Recovery for the Smallest Restaurants and Bars
Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, today is announcing the latest application data results for the $28.6 billion Restaurant Revitalization Fund (RRF), passed as part of the American Rescue Plan. The RRF has received more than 147,000 applications from women, veterans, and socially and economically disadvantaged business owners, requesting a total of…
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Navigating Recent Federal Legislation
Over the past year, there have been several federal laws passed as part of the governmental response to the Covid-19 pandemic, including the Families First Coronavirus Response Act, the Consolidated Appropriations Act, the Paycheck Protection Program, and the American Rescue Plan Act, among others. Many of these laws have impacted how employers handle issues like…
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Everything You Need to Know About the Latest Round of the PPP
Background The Paycheck Protection Program (PPP), part of the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act enacted into law in March 2020, was designed to assist eligible business concerns with fewer than 500 employees that have suffered Coronavirus (COVID-19)-related disruptions. The basic purpose of the PPP was to encourage small businesses to keep…
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Managing in Cyberspace
Not only has it been a growing trend for businesses to hire employees or independent contractors who take care of their work out of office, but in the current COVID-19 pandemic, many other businesses have been forced to adopt remote work, with their employees. Managing your employees in an office setting requires a fairly common…
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Small Business in the News: November 19, 2020 Edition
As the United States goes through the third wave of the Covid-19 pandemic, small businesses are reacting to the changing situation, having learned from the earlier waves. This wave could impact business during the holiday season, and is impacting everything from benefit plans to employee demographics. Learn more in some of our top headlines for…
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