Linkedin Facebook Twitter
InnovatorsLINK

News

SBA Debuts Restaurant Revitalization Fund Application Requirements, Issues Updates on Other COVID-19 Relief Programs

  • U.S. Small Business Administration releases more information on its Restaurant Revitalization Fund as it prepares to accept applications
  • Program guide offers information on calculation methods, eligible expenses, and more
  • SBA also issues updates on its Shuttered Venue Operators Grant and Targeted EIDL Advance programs
Read more

Businesses Urged to Take Active Role in Promoting COVID-19 Vaccinations

  • Dr. Ashish K. Jha encourages businesses to take an active role in promoting COVID-19 vaccines
  • Jha says such actions can help build trust in vaccination efforts
  • Employers can legally require employees to be vaccinated in order to return to an office environment as long as they follow proper protocols, and some companies have turned to promotions to encourage customers to get vaccinated
Read more

Fed Study Finds Minority-Owned Firms Are Half as Likely as White-Owned Businesses to Receive Necessary Financing

  • Federal Reserve report finds that minority-owned businesses face greater challenges than White business owners in receiving financing during the COVID-19 pandemic
  • Black and Hispanic business owners were half as likely as White business owners to be approved for non-emergency loans
  • Minority business owners are also more likely to rely on personal sources for funds to offset revenue losses
Read more

Small Investors Gaining Favor Among Companies

  • Companies work to curry favor with smaller investors as they gain power during the COVID-19 pandemic
  • More people dabble in retail trading during the COVID-19 pandemic
  • Businesses have modified their strategies to better appeal to these investors, which can be more suited to long-term success
Read more

Four-Part Series to Explore Challenges and Opportunities of Infrastructure Investment

  • New England Council hosting “Investing in Infrastructure” series of panel discussions
  • Series looks at infrastructure needs in New England and how they might be addressed through federal investments
  • Discussions focus on transportation, energy, innovation, and financing
Read more

IRS Guidance Advises Employers on Claiming an Employee Retention Credit in 2021

  • IRS issues supplemental guidance on the Employee Retention Credit
  • Credit was extended through the end of this year as part of the American Rescue Plan
  • Smaller companies can request an advance on the credit for the first two quarters of 2021
Read more

Business News Roundup, April 16, 2021

A debate over the SALT cap, SBA lending bills clear the House, a disconnect between unemployment and labor shortages, a warning from insurers, and another court decision upholding gubernatorial emergency powers in Connecticut are among the top business news items…

Read more

White House Pushes Small Business Benefits of Infrastructure Plan

  • White House fact sheet argues that President Joe Biden’s infrastructure bill creates several opportunities for small businesses
  • Benefits range from better financing options to increased government contracting opportunities
  • Republicans and Democrats continue to spar over scope and cost of infrastructure initiatives
Read more

Connecticut Adds 5,400 Jobs, Unemployment Rate Drops Slightly

  • Connecticut posts third consecutive month of jobs growth
  • Seven industry supersectors post gains, while three see a decrease in positions
  • Unemployment rate drops slightly, but remains persistently above 8 percent
Read more

Connecticut Real Estate Brokerage Debuts Service to Purchase Clients’ Homes to Streamline Their Move

  • William Raveis Real Estate introduces Raveis Purchase to help current homeowners tap equity to purchase their next home
  • Program allows homeowners to sell their property to the brokerage for up to 80 percent of its value
  • The initiative aims to help homeowners be more competitive when making an offer in a hot real estate market
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