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Should Your Company Offer Paid Time Off or Other Incentives For Employees to Receive the COVID-19 Vaccine?

  • Some companies are giving employees paid time off or other perks for receiving the COVID-19 vaccine
  • Employers are typically interested in encouraging vaccination to promote a safer work environment
  • Such rewards can lead to complications if incentives are not offered properly
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SBA Announces Shuttered Venue Operators Grant Program Will Open April 8

  • U.S. Small Business Administration sets date when it will start taking applications for its Shuttered Venue Operators Grant program
  • The program is open to a variety of arts and cultural organizations
  • More than $16 billion is available to disburse, and eligible recipients can qualify for grants of up to $10 million
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Commercial Contractors Show More Optimism as Pandemic Concerns Ease

  • U.S. Chamber of Commerce finds improved optimism among commercial contractors
  • Majority of contractors expect there to be adequate business and stable or improved revenues in the coming year
  • Shortages in skilled workers and materials continue to pose challenges
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Business News Roundup, March 19, 2021

The United States nears 100 million COVID-19 vaccine doses, economic activity picks up, caution urged in a tax filing deadline delay, and business groups opposing a plan to replenish Connecticut's unemployment fund are among the top business news items this…

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Connecticut Updates Business Rules, Repeals Mandatory Travel Advisory, Opens Vaccination Eligibility to 45+

  • Relaxed sector rules for businesses and organizations go into effect in Connecticut today
  • State’s vaccination eligibility expands to residents and workers ages 45 and older
  • Governor Ned Lamont signs executive order lifting mandatory travel advisory and self-quarantine requirements
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How Restaurants Can Prepare to Apply for Restaurant Revitalization Fund Grants

  • American Rescue Plan establishes $28.6 billion for a grant program to support restaurants, bars, and others in the food service and hospitality industry
  • Initial rules set guidelines for who is eligible and what the funds can be used for
  • Businesses can set up the necessary registration and arrange documentation while awaiting SBA rules on the program
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Connecticut Reaches Agreement With Tribes on Modernized Gaming Options

  • Governor Ned Lamont announces deal with Mashantucket Pequot and Mohegan tribes on online gaming and sports wagering
  • Agreement sets tax rates and brings on Connecticut Lottery Corporation as a partner
  • Lamont says the gaming expansion would result in tens of millions of dollars in new state revenues
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Kauffman Report: Rate of New Entrepreneurs Surges During COVID-19 Pandemic

  • Kauffman Foundation identifies a “substantially higher” rate of new entrepreneurs in 2020 compared to 2019
  • New entrepreneurs are driven more by necessity than by choice due to economic pressures created by COVID-19
  • Startup survival rate falls for the first time since the Great Recession
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