Linkedin Facebook Twitter
InnovatorsLINK

News

More Than $100 Billion in PPP Loans Have Been Forgiven, SBA Announces

  • SBA announces that it has made payment on 1.1 million PPP forgiveness applications and forgiven more than $100 billion
  • The initial program distributed $523 billion to approximately 5.2 million businesses
  • The SBA continues to process forgiveness applications as a new round of PPP gets underway
Read more

Business News Roundup, January 14, 2021

It's a big day for news affecting the business world, ranging from a historic second presidential impeachment to a Connecticut investigation into Amazon. National The House of Representatives voted 232-197 in favor of impeaching President Donald Trump on a charge…

Read more

Proposed Connecticut Business Legislation Includes Liability Protections, Small Business Relief, and New Sales Rules

  • Dozens of bills before the Connecticut General Assembly would have an effect on the state’s businesses
  • Proposals include liability protections, digital enhancements, and a child care employer tax credits
  • Other bills would either loosen or tighten restrictions on certain sales, or affect the rules governing certain industries
Read more

Small Lenders Can Begin Making PPP Loans on Friday; Program Reopens to All Lenders Jan. 19

  • SBA updates timeline on applications for the Paycheck Protection Program
  • Smaller community lenders can access the PPP loan portal starting on Friday, with the portal reopening to all lenders on Jan. 19
  • PPP applications became accessible to community financial institutions earlier this week
Read more

Deadline Extended for Entrepreneur Innovation Awards

  • CTNext extends the deadline on its Entrepreneur Innovation Awards to Jan. 22
  • Presentations will now take place on March 3, with winners announced on March 5
  • Startups with a “clear deliverable milestone” can compete for $10,000 grants
Read more

SBA Debuts Digital Learning Platform Geared to Women-Owned Businesses

  • SBA launches Ascent, a free digital learning platform for women entrepreneurs
  • Users can access resources on topics such as capital access, strategic marketing, and recovering from a disaster or economic downturn
  • SBA says Ascent and a commitment to launch 20 new Women’s Business Centers constitute the “largest single expansion” of resources aimed at women entrepreneurs in three decades
Read more

Health, Energy, and Digital Provide Main Avenues of Job Growth Over Next Decade, Labor Department Says

  • Aging baby boomer generation helps fuel demand for more health care workers and aides
  • Strong growth anticipated in digital fields and energy as well
  • E-commerce and automation expected to cut into manufacturing, administrative support, and sales jobs
Read more

“Bridge Grant” Funding Begins Arriving for Small Businesses

  • More than 2,000 Connecticut businesses receive grants under a recent grant program
  • “Bridge” grants designed to help companies until they can receive PPP funding
  • Approximately 60,000 businesses have received state aid since the start of the COVID-19 pandemic
Read more

Offering Family Leave Isn’t Out of Reach for Small Businesses

  • Offering family leave can make a company more competitive and help with employee retention
  • While such a program comes with costs, it is also infrequently used and can be cost-effective when considering other potential expenses
  • Connecticut is in the process of rolling out a state family and medical leave program, and companies are exempt from payroll deductions if they offer a similar benefit
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