One of the biggest ongoing challenges for startups is financing. And it is much more difficult if you are not located in certain parts of the country. Localized or state-specific grants seek to overcome these challenges by providing grants to help start-ups get the funding they need. This week’s grants looks at those grants, as well as what’s available in other parts of the country.
With grants starting at $10,000 and going up to $150,000, Florida High Tech Corridor Grants support technology research and development projects through funding and university partnerships. Some of the other grants currently available in Florida include, Enterprise Florida offers Virtual Business Matching Grants, Florida Export Marketing Plan Grants, and others. If you are in Florida, see what else is available:
The challenges of the pandemic continue to affect small businesses, and Massachusetts is providing up to $75 million in COVID grant funds to address the issue. If you have not received any COVID-related grants and your business is in underserved markets, including those owned by minorities, women, and veterans, please read for more details:
The latest set of grants comes from GM to help businesses in Flint, Michigan, as well as other funding opportunities in Hawaii, Florida and elsewhere. Learn more here:
Small Business News Roundup: March 11, 2022
Take a look at the rest of the news happening in the small business world this week:
Uber adds restaurant reservations and event ticketing for companies
People in 15 cities in the United States and Mexico can now use the Uber app to find and book experiences, like dinner reservations and live events.
Visa will reduce credit card pass fees for small businesses
Visa has announced it will cut credit card interchange fees, or swipe fees, for online and in-store transactions for small businesses by 10%, according to an AP report. Visa to Reduce Credit Card Transfer Fees for Small Businesses The lower fees begin in April, and Visa hopes they will help maintain its status as one of the world’s largest payment companies.
New IRS rule will lead to widespread phishing scams
As US tax season progresses, new concerns about phishing scams are emerging as a new directive from the Internal Revenue Service (IRS) requires mobile payment apps to report business transactions totaling of more than $600 in a year.
Rise in small business loan fraud blamed on pandemic
Credit fraud among small and medium-sized businesses has increased 6.9% since 2020. More than a third of the growth in credit fraud for small and medium-sized businesses is attributed to the pandemic. These were some of the key findings of the LexisNexis Risk Solutions Small Business (SMB) Loan Fraud Study.
Inflation concerns are highest since 1981 for small businesses
In the past month, small business owners’ inflation concerns have risen from 22% to 26%. And according to the latest Small Business Optimism Index from the National Federation of Independent Business (NFIB), this is the highest reading since the third quarter of 1981.
Yotpo Accepts Applicants for Black-Owned Business Accelerator
Ecommerce marketing platform Yotpo has announced a call for applications for its Yotpo Grow brand incubator program. Yotpo Accepts Applicants for Black-Owned Business Accelerator Yotpo’s business is helping brands strengthen their relationships with consumers through unified data-driven solutions for loyalty, SMS marketing, reviews and more.
Transforming corporate culture in a race-conscious world
As a white Jew who grew up in the American middle class, I always thought I was born at second base. I had the opportunity to go to college where my parents paid half of the tuition and I was able to borrow the rest. With an elite education, I was presented with opportunities in the business world that most people don’t have.
Small Business Cybersecurity Concerns Amid Russia-Ukraine Crisis
A week before Russia launched its invasion of Ukraine, the Cybersecurity and Infrastructure Security Agency (CISA) issued a rare “Shields Up” cyber warning. CISA said there are no specific or credible cyber threats to the US territory at this time.
New Jersey City Shuts Down Lukoil Franchise Deals Amid Russia-Ukraine Conflict
The Newark, New Jersey, city council has frozen the business licenses of Russian oil company franchises, including two Lukoil stations. New Jersey City Closes Lukoil Franchise Business The council voted unanimously to request that the city manager suspend Lukoil’s business operations in Newark.
The most popular and best-selling NFT collections this week
While cryptocurrencies have declined sharply over the last month, NFTs are still going strong. Granted, it’s not at the same pace that it delivered nearly $5 billion in January 2022, but the market doesn’t appear to be slowing down.
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