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Know Who Will Own Your Company When You Pursue Venture Capital

  • Harvard Business School professor looks at different approaches taken by venture capitalists depending on whether they’re a tighter-knit group or more dissociated
  • Close groups of investors are more likely to pursue an acquisition, while dissociated groups are more likely to pursue an IPO
  • Understanding the benefits and risks of each approach
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Three-Quarters of Americans Support Government-Sponsored Worker Training Programs to Assist With Pandemic Recovery

  • Half of respondents in a Pew Research Center poll support major changes to the United States economic system
  • Strongest support is for government-sponsored job and skills training programs
  • Respondents are more divided on issues of business regulation and higher taxes on the wealthy
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Business News Roundup, April 28, 2021

A new White House spending initiative, eased mask guidance, office space conversions, improved consumer confidence, and easier COVID-19 vaccine access in Connecticut are among the top business news items this morning. National President Joe Biden will discuss his next major…

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Yelp Economic Report Shows Signs of Business Recovery in Q1 2021

  • Yelp Economic Average report for the first quarter of 2021 shows strong growth in new businesses at the start of the year
  • Restaurant and food service businesses post major gains, along with home and auto services
  • Consumers show renewed interest in resuming pre-pandemic activities
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Connecticut Restaurants Launch Free Drink Incentive for Vaccinated Customers

  • Connecticut restaurants participating in incentive offering a free drink to customers who bring in their COVID-19 vaccine card
  • Currently, 18 venues are participating
  • Follows a call from Governor Ned Lamont for the business community to help promote vaccinations
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Study Suggests That Employees Begin to Work and Engage With Others Less in Weeks Leading Up to Departure

  • Worker productivity software company scrutinizes employee behavior in weeks leading up to their departure from a business
  • Those who leave show more volatility in workday, co-worker interactions, and other areas
  • Workers who stay end up putting in more hours during co-worker’s final weeks
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Restaurant Revitalization Fund Open to Registrations April 30, Applications on May 3

  • Restaurants and others in the food and beverage industry can register for a $28.6 billion grant program being managed by the U.S. Small Business Administration
  • Applicants can receive grants of between $1,000 and $10 million
  • Program aims to support a sector that suffered major revenue losses during COVID-19
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Business News Roundup, April 27, 2021

Higher wages for federal contractors, the Fed holds steady on rates, soaring copper prices, and slow growth in Connecticut's population are among the top business news items this morning. National President Joe Biden has issued an executive order raising the…

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Lamont Proposes Unemployment Trust Relief and Financial Support for Hospitality, Arts in Plan for Spending Connecticut Share of American Rescue Plan Funds

  • Governor Ned Lamont issues plan on how Connecticut should allocate $2.6 billion in anticipated funds under the American Rescue Plan
  • Funding for economic initiatives includes starting the process of replenishing Connecticut’s unemployment trust and direct support for hospitality, arts, and entertainment businesses
  • Connecticut’s legislature must come up with its own proposal by May 16
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Report: A Little Praise Goes a Long Way in Boosting Employee Morale

  • Study looks at effect of symbolic awards on employee morale
  • Social workers who received a letter of praise from their direct manager were more likely to feel valued at the company than those who didn’t
  • Tips for managers on effectively offering symbolic awards
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