Black printer’s business thrives amid COVID-19 and social unrest -

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Black printer’s business thrives amid COVID-19 and social unrest -

Few small businesses have been able to withstand the aftermath of COVID-19 without taking a serious financial hit. In a fluctuating and unstable economy such as ours, the idea of …

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Source: MN Spokesman Recorder

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Democratic Senators Introduce Bill to Protect Minority Businesses Amid COVID - Black Enterprise

The Minority Business Resiliency Act would expand the MBDA's scope and provide more resources and funding to invest in minority businesses.

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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

EARVIN “MAGIC” JOHNSON’S EQUITRUST FUNDS OVER $100 MILLION IN PPP LOANS FOR MINORITY AND WOMEN-OWNED BUSINESSES | Afro

May 18, 2020 (New York, NY) — Earvin “Magic” Johnson, majority owner of EquiTrust, the nation’s largest minority-owned insurance company, announced a $100 million partnership with MBE Capital Partners (MBECP), the largest certified minority-owned asset-based lender, and the National Action Network

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Source: Afro | The Black Media Authority

Forgivable SBA loans for Atlanta-area small bizs from minority-led Lendistry

Enterprises able to document 2019 finances encouraged to apply at www.mylendistry.com Lendistry CEO Sands: Shorter wait times for well-documented applicants, new clarity from SBA on loan forgiveness, mean now is the time to act

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Source: Atlanta Tribune

NJOROGE: How SMEs can build resilience to crisis like Covid-19

SMEs will need to re-think their productivity strategies to optimize their human capital resources.

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Source: Business Daily

Tough loan guarantee terms for small firms

Only micro, small and medium enterprises with a maximum annual turnover of Sh100 million and 250 employees will qualify for loans guaranteed by the government.

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Source: Business Daily

Billions of Dollars in Aid For Small Businesses Go Unclaimed | Afro

By JOYCE M. ROSENBERG, AP Business Writer NEW YORK (AP) — Billions of dollars offered by Congress as a lifeline to small businesses struggling to survive the pandemic are about to be left on the table when a key government program stops accepting applications for loans. Business owners and advocacy

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Source: Afro | The Black Media Authority

Uniting to defeat an external enemy – Daytona Times

The calamity that has been wrought by the coronavirus is the result of an external attack, this time by a virus rather than an armed enemy. It too should be a time of national unity, of rallying together to share the sacrifices, to help one another through the crisis, and to rebuild the country

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Source: Daytona Times

Representative Karen Bass Holds Town Hall to Discuss Heroes Act

She was joined by Councilmember Marqueece Harris-Dawson of Los Angeles City Council, Sheila Kuehl of the Los Angeles County Board of Supervisors, and Tunua Thrash-Ntuk, the Executive Director of Local Initiatives Support Corp, Los Angeles

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Source: Black News Black Press | Los Angeles Sentinel | Los Angeles Sentinel | Black News

DIAZ: Stimulus package good for business confidence

Central Bank of Kenya (CBK) Governor Patrick Njoroge, citing an April study by McKinsey, recently warned that three quarters of the country’s MSMEs could fold by the end of June without optimal support by

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Source: Business Daily

Magic Johnson Offers $100 Million to Minority Businesses

He’s won championships on the court, he’s started and grown businesses to hundreds of millions of dollars off the court and now he’s continuing to give back to our community in a big

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Source: BlackDoctor | Health News On Fitness, Nutrition & Weight Loss - BlackDoctor

Americans Have United Before to Defeat an External Enemy and We Can Again

Small businesses exhaust their reserves and are forced to lay off the team of workers they have

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Source: Houston Forward Times - Reporting The Truth | Affecting Change | Moving Forward

Black Fireworks Industry Left Out of Local Festivities

While James P. Peters III, a local fireworks wholesaler in a legal battle with the D.C. government, didn't go so far to draw that conclusion, he argued that the D.C. Department of Consumer and Regulatory Affairs' (DCRA) decision to allow Costco Wholesale Corporation to sell fireworks while denying

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Source: The Washington Informer

Mayor Keisha Lance Bottoms announces One Atlanta to secure residents and businesses | Atlanta Daily World

Mayor Keisha Lance Bottoms Announces One Atlanta: Economic Mobility, Recovery and Resiliency Plan ATLANTA—Mayor Keisha Lance Bottoms announced the One Atlanta: Economic Mobility, Recovery and Resiliency Plan —a comprehensive plan to ensure economic and quality-of-life security for Atlanta residents

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Source: Atlanta Daily World - Powered by Real Times Media

WITH STATE STAY AT HOME ORDER STRUCK DOWN, MAYOR BARRETT ANNOUNCES PROGRAM TO RESTART LOCAL BUSINESSES AND GET THEM UP AND RUNNING

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Source: Milwaukee Community Journal - Wisconsin's Largest African American Newspaper

Americans Have United Before to Defeat an External Enemy and We Can Again

Small businesses exhaust their reserves and are forced to lay off the team of workers they have

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Source: The Charleston Chronicle

Stay connected and let us know what you’re thinking on Facebook, Instagram and Twitter @DefenderNetwork. Plus, discover on DefenderNetwork.com agencies and companies offering funding to small businesses, the latest on exercise and nutrition, and if you’re a recent high school or college

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Source: Houston Defender Network - Houston's Leading Black Community News & Information Source

Hennessy Offers $3M in Support for Minority Small Business-Owners

Hennessy is stepping up to help minority small businesses struggling with the effects of COVID-19 by providing immediate financial support through a new program called Unfinished

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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

Minority-Owned Firm Partners with Microsoft to Launch $250M Fund for Small Businesses

By Jeffrey McKinney Black Enterprise Siebert Williams Shank Co. L.L.C. (SWS) is partnering with Microsoft Corp. to launch the Clear Vision Impact Fund L.L.C., with an initial $25 million seed investment from the software giant. The nation’s largest minority-and-women-owned financial firm, SWS

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Source: The Birmingham Times

Small business aid went beyond hard-hit companies, data show - Black News Channel

By CHRISTOPHER RUGABER and JOYCE M. ROSENBERG AP Business Writers WASHINGTON (AP) — The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money from a program that likely helped prevent the job market meltdown from growing worse but that

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Source: Black News Channel - Black News Channel

Comerica Bank Makes Historic Donation to Support Black-Owned Businesses

Comerica Bank today announced its $1 million commitment over four years to the National Business League as part of a national partnership that will launch the Black Capital Access Program (BCAP), an access to capital initiative to assist Black businesses across the

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Source: Michigan Chronicle - Powered by Real Times Media

Pandemic boosts profits for Big Tech | Afro

Internet domain registrar GoDaddy recently launched an initiative to support small businesses forced to close their physical spaces because of

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Source: Afro | The Black Media Authority-0

CORONA-NNOUNCEMENTS

FREE VIRTUAL JAZZ PROGRAM: The Hammonds House Museum – former residence of the late Dr. Otis Thrash Hammonds, a prominent Atlanta physician and a passionate ...

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Source: South Florida Times

US wrestles with economic response to coronavirus pandemic

The Democratic-led U.S. House of Representatives narrowly passed a $3 trillion stimulus bill, known as the Heroes Act, last month that would provide an additional $1,200 direct payment per family member and $600 per household, close to $1 trillion to state, local, territorial and tribal

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Source: New Orleans Data News Weekly – The People’s Paper

Masiyiwa rolls out Mat South solar power project

BUSINESSMAN and philanthropist, Strive Masiyiwa has, through the “Re-Imagine Rural” initiative, completed a 100 killowatt (KW) solar power project at Ndolwane, Bulilima district, near Plumtree town in Matabeleland

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Business League Hosts Virtual Recovery and Relief Roundtable

With the state of North Carolina slowly heading towards reopening, local organizations are collaborating to assist COVID-19 recovery efforts in Guilford

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Source: http://www.peacemakeronline.com

Beyoncé’s ‘Black Parade’ Is A Juneteenth Anthem And Call To Action For Black Businesses

Yesterday was the 155th Juneteenth and Beyoncé gathered up the spirit of the ancestors—plus a hefty dose of Southern dipped swag—for a new song, “Black

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Source: Black Women's Lifestyle Guide, Black Love & Beauty Trends - Essence

Charter Invests $10 Miliion Dollars with National Urban League and National Action Network to Assist Black-Owned Small Businesses in Underserved Communities

Stamford, CT. – June 11, 2020 – Charter Communications, Inc. today announced the company will invest $10 million in partnership with both the National Urban League (NUL) and National Action Network (NAN) to support Black and other minority-owned small businesses in underserved

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Source: The Madison Times Weekly Newspaper

Local skincare company now making COVID-19 hand sanitizer

As sanitizing products continue to remain scarce nationwide due to the coronavirus pandemic, a local skincare company is doing its part to minimize the virus’ spread by shifting its production from bath and body products to hand

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Source: Atlanta Tribune

Mayor Turner, City Council approve additional $5M for small businesses - DefenderNetwork.com

Mayor Sylvester Turner and City Council approved $5 million in additional funding for the City’s Small Business Economic Relief Program (SBERP), which was created to provide grant assistance to small businesses and chambers of commerce that have been adversely impacted by the COVID-19 pandemic. In

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Source: Houston Defender Network - Houston's Leading Black Community News & Information Source

45% Of Black Businesses Anticipate Closing Due To COVID-19

Now, new data show that African American and Latinx businesses are not only in danger of losing their businesses but have been disproportionately denied relief loans established for the

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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

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