Category: Small Business

Small Business Owners Can Get $50K For A Commercial Vehicle

by Jeffrey McKinney May 17, 2024Progressive Insurance is now taking applications for its Driving Small Business Forward grant. Many small businesses, including Black-owned ones, can use extra funding to help fuel their growth. Acting to support small business owners, Progressive Insurance is now taking applications for its Driving Small Business Forward grant. This year’s program is offering $1 million in grants and business coaching assistance. More specifically, It calls for 20 recipients to be selected and awarded a $50,000 grant each that can be used to buy a commercial vehicle for their business, according to a news release. A…

Five Reasons Why Small Businesses Are Migrating to Nubi Websites

by Taufan

Nubi Websites builds high-converting online sites with an all-in-one service. LOS ANGELES, CALIFORNIA, USA, May 20, 2024 /EINPresswire.com/ — When building a website, small business owners face a lot of challenges. One, most website-building platforms online only offer hosting, which means that small business owners will still have to pay thousands to hire developers and designers to build their sites. Two, when the time comes that they need to make changes to the website, they need to hire developers or designers again. To solve this problem, Nubi Websites — a no-code, all-in-one solution for building websites, guides small business owners…

PHA residents start businesses with help from HUD-funded fellowship program

by Taufan

Reshay Kennedy traces her love of baking to her childhood, when she made desserts in her Easy-Bake Oven and made treats with her grandmom. Having her own children pushed her to turn a hobby into a business during the pandemic. She became more aware of how much sugar and preservatives were in baked goods and wanted to offer alternatives. So in January 2021, Kennedy started Nuri’s Sweet Treats. She sells her desserts, including vegan and sugar-free options, at pop-up events and is working to get into farmers markets this summer. “By the end of this year, I will have my…

Massachusetts small business owners make pitch for state aid

by Taufan

BOSTON — Boasting that he’s a “paperwork guy,” a whiz at filling out and filing forms, Neil Abramson, CEO of ECi Stores in Leominster said even he is confused by the complexity of applying for state workforce training grants. “And It can take up to six months to get the money back,” Abramson told legislators attending the briefing for Small Business Day Wednesday at the State House. Some grants, Abramson said, require applicants make the initial investments before getting reimbursed.His stores, Cutie Patuties, are celebrating their 25th anniversary in Leominster this year, Abramson said. They are crucial to the…

2024 Federal Budget: What it means for Small and Medium Businesses

by Taufan

May 15, 2024 The instant asset write-off, energy relief featured this year plus the big, new Future Made in Australia program, which aims to make us a renewable energy superpower.Federal Budget: What does it mean for business? New Policy Measures Since MYEFO Housing AffordabilityHeadlining the government’s focus on housing affordability was increasing the maximum rate of Commonwealth Rent Assistance by 10% (worth $1.9bn over 5 years). The government announced new measures and increased spending worth $1.5 bn over 7 years “increasing investment in infrastructure to build more homes sooner” and to support state and territory governments under a new…

Ombudsman ‘disappointed’ with SME procurement report response

by Taufan

Bruce Billson. Source: SmallBizWeekSmall business and government are both getting a raw deal on procurement because of systematic risk aversion, according to a new report. The final report from Australian Small Business and Family Enterprise Ombudsman Bruce Billson’s inquiry into the effectiveness of commonwealth procurement rules for small businesses has found small business owners think applying for government work is more trouble than it’s worth. Billson said Commonwealth procurement has increasingly favored large and existing suppliers since 2014. He said small businesses didn’t have the resources to compete with large, established suppliers on government tenders. “Seasoned small business suppliers…

Supreme Court Ruling on CFPB Funding Structure Disappoints Small Businesses

by Taufan

CFPB v. CFSA is concerned whether the CFPB violates the Appropriations Clause WASHINGTON, DC (May 16, 2024) – Small businesses are disappointed by today’s US Supreme Court decision in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Limited. The Court ruled that the funding mechanism for the Consumer Financial Protection Bureau (CFPB) complies with the Constitution’s Appropriations Clause. “Small businesses will feel the negative impact of this decision,” said Beth Milito, Executive Director of NFIB’s Small Business Legal Center. “We are disappointed with the Court’s ruling, which will ultimately leave small businesses with expensive penalties and burdensome…

Small business grants are available for veterans – LocalNews8.com

by Taufan

Krakenimages.com // Shutterstock Small business grants are available for veterans Woman wearing camo military uniform sits at desk doing paperwork. If you’ve served in the US military and you have an entrepreneurial spirit, small business grants for veterans are an invaluable resource that can help you start or grow your venture. Next Insurance reports on how you can tap into these grants and join the ranks of nearly two million veteran-owned businesses that provide jobs to over five million Americans. The 8 best small business grants for veterans A grant is a financial award given to support business development. Unlike…