Linkedin Facebook Twitter
InnovatorsLINK

News

PPP Lending Exceeds $100 Billion, Including $1.5 Billion in Connecticut

  • SBA says it has approved 1.4 million Paycheck Protection Program loans totaling $103 billion
  • Connecticut businesses have received $1.5 billion under the program
  • SBA says it is taking steps to increase “equitable access” to loans
Read more

Business News Roundup, February 11, 2021

Criticism of a proposed economic stimulus package, renewed concerns over United States unemployment, and a major oil producers retreat from petroleum are among the top business items this morning. National Republican lawmakers are intensifying their criticism of President Joe Biden's…

Read more

Lamont Proposes Legalized Marijuana, Mileage Tax, Workforce Development Initiatives in Budget Address

  • Governor Ned Lamont proposes two-year, $46 billion state budget for Connecticut
  • Measures include legalized marijuana, mileage tax on truckers, gaming expansion, and climate initiatives to generate revenue
  • Lamont sees growing economy, federal aid, or drawing on rainy day fund to offset anticipated deficit
Read more

Gyms and Fitness Centers Would Receive $30 Billion in Relief Under House Proposal

  • Bipartisan introduced in U.S. House of Representatives would provide $30 billion in grants to gyms and fitness centers
  • These businesses could receive funds up to 45 percent of their 2019 revenues if the legislation is approved
  • Gyms have been lobbying Congress for targeted assistance for several months
Read more

Does Financial Stress Weigh on Worker Productivity?

  • Study tests whether having more cash on hand helps boost the productivity of low-income workers
  • Field experiment in India finds that easing financial worries is associated with better performance
  • Funds were often put towards reducing debt when they became available
Read more

House Committee Proposes $50 Billion in Small Business Aid as Part of Economic Stimulus

  • House Committee on Small Business pitches $50 billion in additional small business aid as part of a $1.9 trillion economic stimulus proposal
  • Draft measure includes direct support for restaurants as well as additional funding for PPP, EIDL, and the Shuttered Venue Operators Grant Program
  • Committee is also seeking a pilot program to raise awareness of available COVID-19 relief measures among business owners
Read more

Napping on the Job Can Lead to Productivity Boost, Research Suggests

  • Recent research suggests that afternoon naps are associated with improved mental function
  • Several previous studies have shown that even short naps can help workers recharge and be more productive
  • Naps can offer a useful break for remote workers struggling to separate work and home life
Read more

Connecticut Adds New Tools to State’s Online Business Resource

  • Connecticut updates the features on its online business portal
  • Major change includes a new customizable resources serving as a focal point for 170 business programs
  • More than 2,500 startups have utilized the site since it was established last summer
Read more
[um_loggedout]

Join with Free InnovatorsLINK Account

Start accessing all the free member benefits and valuable content on the InnovatorsLINK platform. Create a BizLINK listing to boost brand exposure, receive the weekly Main Street Journal newsletter, engage in forums, get full access to free content, and more.
Sign Up
[/um_loggedout]
il-logo-white

Connecting Connecticut businesses with resources and like-minded entrepreneurs.

InnovatorsLINK is a Benefit Corporation
Contact Us
Linkedin Facebook-f Twitter
Resources
Community
User Account
About
Help