This week, a number of grants are available for small businesses ranging from $500 to $25,000. And some of them have different July deadlines, so you need to apply before the end of the month. The state of the economy being what it is, you should always be on the lookout for grants you can apply for.
The grants seek to provide immediate relief with a cash injection to the small businesses they wish to support. Whether it is a public or private grant, as a business owner, you owe it to yourself to try to obtain these grants. Take a look at what’s available.
Grants with a July deadline include several options. This includes small local government incentive programs to business capital provider Antares, Bantera Bank and others. While all grants have a deadline, these have a final application deadline in July, so keep an eye out for dates before applying.
The Latest Micro and Women-Owned Business Grants Small Business Grants are looking to help with funds of up to $25,000. Grants come from local and state programs as well as the Wells Fargo Foundation, the Coos Economic Development Corporation, and others.
If you are in Texas, a $100,000 grant is available for underrepresented business owners in the state. Grants will range from $1,500 to $10,000 per business. Plus, it includes a guaranteed spot in one of Founders First’s acceleration programs to provide additional help with business operations and more.
In related news, the Senate introduced a bill to issue another round of COVID relief to help small businesses by making $6 billion available. The grants will provide the funds to hard-hit small businesses that may suffer substantial losses in 2020 and 2021 due to the COVID-19 pandemic.
There is also an SBA advisory for small businesses affected by the wildfires in California, Oregon and Washington. Although not grants, the loans offered by the SBA have low interest rates (2.88%) and long terms (up to 30 years). If you are in these states, do not miss the opportunity.
Small Business News Roundup – July 1, 2022
Here’s the rest of this week’s news:
Majority of consumers are doing it now to fight the costs of inflation
A new report has discovered that a significant number of consumers are switching to cheaper brands in response to rising costs.
5 tips to protect your sales process against the recession
Small SaaS companies are once again facing difficult macroeconomic conditions. As the specter of a recession looms, small business owners need to take steps to ensure they are engaging with their customers and future-proofing their businesses. Achieving this goal is easier said than done.
New Dropbox store lets creators sell digital assets
Dropbox has announced that individuals in the United States can now start using the new Dropbox store app to sell their digital content such as art, plug-ins and music.
Meta announces new ways for creators to monetize Facebook and Instagram
Meta recently announced that they are expanding the ways creators can earn money on Facebook and Instagram. Meta Announces New Ways for Creators to Monetize Facebook and Instagram Meta also said they will extend their no-fee commitment on subscriptions, badges, paid online events and the newsletter for an additional year.
3 Indicted for selling $88 million worth of pirated phone system software
Three people have been charged with selling more than $88 million in stolen software licenses from Avaya Direct International involving a phone system product called IP Office, used by thousands of businesses worldwide. The FBI conducted the investigation, which led to their indictment on federal wire fraud and money laundering charges.
Florida cop charged with EIDL loan fraud – Find out how he allegedly used the money
A police officer in Coral Springs, South Florida, has been charged by a federal grand jury with fraudulently applying to the US Small Business Administration (SBA) for a Covid-19 relief advance grant and loan at low interest rates.
Microsoft says Viva Sales will redefine the seller experience
Microsoft recently launched the Viva Sales app which it hopes will redefine the salesperson experience while improving productivity.
Mastercard and Verizon launch new credit card for small businesses
Verizon partners with Mastercard to launch a small business credit card designed to unlock value for small business owners across the United States.
Spa owner pleads guilty to payroll tax evasion charges
A Brookville, New York business owner has pleaded guilty to willfully failing to collect and pay employment taxes to the IRS. Spa owner pleads guilty to payroll tax evasion charges Court documents show that Sung Soo Chon, known as Steve Chon, oversaw the day-to-day operations of two spas and their related businesses.
Patrick Palmer explains how to start a successful business in a small town
Many entrepreneurs dream of reaching millions with their product or service, but what if your customer base is only a few thousand? Patrick Palmer successfully runs his small business, The Computer Guy, in a town of less than 5,000 people.
TikTok says small businesses are flocking to the site
A new study has found that small businesses are finding their way onto TikTok and have quickly become a valued part of the TikTok experience.
SBA administrator releases statement on Roe vs. Wade quashing
Small Business Administrator Isabella Casillas Guzman said the Supreme Court’s decision last week overturning the 1973 Roe v. Wade decision “would jeopardize the civil liberties of millions of women.”
Should we really imitate superstar CEOs?
In our business world today, we revere many of our most financially successful business leaders with intense fervor. Think of all the impromptu memorials in Apple stores for Steve Jobs when he died. Look at the attention and respect demanded by Elon Musk, Jeff Bezos and Richard Branson.
Picsello promises to be breakthrough software for a photography business
A new all-in-one photography management software designed to help photographers manage, market and monetize their business has been launched. Picsello promises to be revolutionary software for a photography business Picsello is more than a software management platform as it provides intuitive business tools, data and coaching through its fully integrated platform.
10 online businesses for sale in June
The economy being what it is, having multiple sources of income is a great way to deal with record high inflation. And one of the best ways to do that is with an online business. An online business allows you to manage your operations from anywhere while acquiring a global customer base.
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