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SEC Report Reflects “Banner Year” in Small Business Capital Raising, Though Challenges Remain

  • Report from Securities and Exchange Commission analyzes the state of small business capital access after the start of the COVID-19 pandemic
  • Early-stage companies often grapple with finding adequate knowledge and networks, and barely over one-third apply for financing
  • Women and minorities becomes more prominent among entrepreneurs, but inequities persist
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Unemployment Assistance Related to Hurricane Ida Remnants Expanded to Include New Haven County

  • New Haven County is now included in a federal unemployment assistance program related to the remnants of Hurricane Ida
  • People can receive assistance if disruptions from the storm caused them to become unemployed or work reduced hours
  • Claimants must first file for regular Connecticut unemployment benefits before seeking Disaster Unemployment Assistance
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Small Business Economic Report Identifies Concerns with Technology, Cybersecurity Gaps

  • Report from the National Small Business Association and Cisco finds that small business owners’ economic outlook remains relatively unchanged compared to a year ago
  • The survey also identified considerable gaps in technology issues and cybersecurity protections
  • Worries about cyberattacks have eased, though the report warns that this isn’t correlated with any decrease in incidents
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Addressing Skills Gaps After Pandemic-Related Disruptions

  • Closing skills gaps becomes a more crucial issue for companies
  • Tips on building and maintaining a skilled workforce
  • Identifying needs, deciding whether to skill or reskill, and forming partnerships
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Two Southern New England Blue Tech Efforts Among Finalists in Build Back Better Regional Challenge

  • Southeastern Connecticut Enterprise Region, University of Rhode Island Research Foundation leading coalitions that were named finalists in the Build Back Better Regional Challenge
  • Challenge invests in projects designed to develop and strengthen industry clusters
  • Southern New England finalists submit proposals looking to strengthen the region’s blue tech economy, including offshore wind development
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Business News Roundup, Dec. 15, 2021

An anticipated acceleration in the Fed's tapering plans, a vote to lift the debt ceiling, a major jump in wholesale prices, the diminished impact of resume gaps, strong holiday shopping expectations, and the one-year anniversary of COVID-19 vaccines becoming available…

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What Factors Make Employees More Satisfied With Their Job?

  • Quits have been elevated for several months as workers leave their jobs, often to seek opportunities elsewhere
  • A look at what drives satisfaction and happiness in the workplace
  • Taking a substantial role in projects, closing a sale, and other factors that can improve worker contentment
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Small Business Optimism Ticks Up Slightly in November NFIB Report

  • NFIB Small Business Optimism Index increases 0.2 points in November
  • Report shows some improvement on sales and credit conditions, but pessimism persists on economic conditions
  • A record share of small business owners are planning to hike their prices
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Is Analytics Fraud Costing Your Business Money?

  • Report finds that more than two-thirds of companies lose an average of 4.07 percent of revenues to fraudulent analytics, on par with losses due to ad fraud
  • Analytics driven by bots can cause businesses to chase nonexistent customers
  • Marketers can often spot such issues before cybersecurity teams, suggesting a need for increased collaboration between the two
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