Through the $2.2 Trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, the U.S. Department of Agriculture (USDA) will receive funding across many of its most vital programs to support the agriculture industry sector and rural America. Overall, the bill will send roughly $48.9 Billion to the USDA, which does not include added funding for […]
The Department of Housing and Urban Development Community Development Block Grant (CDBG) program addresses community development efforts all over the United States. The federal Stimulus legislation dramatically increased CDBG funding and added flexibility to program rules to support small business and community’s impacted by COVID 19. CDBG funds are directed to community development activities that […]
The U.S. Department of Commerce’s Economic Development Administration (EDA) is traditionally at the point of the spear for the federal government related to economic development program. The recently Congress recently provided the EDA with $1.5 B in supplemental funding for the Economic Adjustment Assistance program, of which 2% is carved out to support ‘salaries and […]
The $2 T federal stimulus package provides $500 B for the U.S. Treasury Department to backstop through its Exchange Stabilization Fund two loan programs of the Federal Reserve Bank being used to support large companies. Millions of unemployed and concerns with gathering in airports, car dealers and other business are going to lead to a […]
COVID 19 has brought the forefront how the United States financing small businesses. According to the U.S. Small Business Administration the United States has over 30 M small business, firms with fewer than 500 workers, employing nearly 60 M Americans or nearly half of the nation’s workforce. Eighty-one percent, or 24.8 M, had no employees, […]
City and State COVID 19 Business Recovery Programs This is a sample of reported city and state COVID 19 business recovery programs. Actual details need to gained from the cited governmental organization. States Alabama Small business impacted by COVID 19 without credit available elsewhere located in the state are eligible to apply for low-interest (small […]
With or without COVID 19, the United States remains a global economic powerhouse. The U.S. has an unmatched base of manufacturing companies, leadership in quality global health care, an open and thriving capital market and financial services industry and the largest venture capital industry in the world driving technology disruption and a high-tech revolution going […]
Ohio small businesses, nonprofits, and employees are facing unprecedented concerns and financial instability as a result of the COVID-19 pandemic. In Ohio, several measures are being taken to offer necessary financial support to the backbone of our economy – our small businesses. While Ohio and the world navigate through this crisis one this is certain, […]
COVID 19 is an unprecedented public health crisis in modern times that is having a devasting personal toll on people around the globe and a negative impact on the global economy. Public officials are rightly addressing this crisis through aggressive efforts to limit public interaction by closing schools, restaurants, bars, events, and other businesses where […]
