Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Small Business articles below.
The COVID-19 crisis is bringing out the best in communities from coast to coast. Economic development organizations are giving small businesses financial lifelines. They’re also teaming up with local businesses to create a supply chain for critical medical supplies.
The new initiatives were launched to help Indiana businesses restart, adapt and stimulate long-term growth, especially small businesses and manufacturers.
Since launching in early May, the Indiana Small Business PPE Marketplace has received nearly 20,000 orders for personal protective equipment (PPE) and has fulfilled 10,000 orders.
Respondents who secured Paycheck Protection Program (PPP) funding were able to retain about 2,400 of their employees and rehire another 331 employees.
In Vero Beach, FL, the Indian River County Chamber of Commerce is supporting local business and encouraging manufacturers to produce personal protection equipment.
City of Harlingen and Harlingen EDC set aside $1 million to launch Harlingen’s Emergency Loan Program (HELP) for Small Business.
The Person County Economic Development Commission's COVID PIVOT Impact Loan program will provide short-term assistance to small businesses.
The fund provides disaster relief to small businesses in Blount County, TN that develop innovative solutions to overcome catastrophic challenges due to the COVID-19 pandemic.
Consumers Energy President and CEO Patti Poppe and her husband are donating $1 million to help small businesses in her company’s hometown of Jackson, MI.
The initiatives will support between 3,000 and 5,000 small and midsize enterprises and are meant to complement recently announced federal economic recovery initiatives.
The Regional COVID-19 Business Support Task Force brainstorms ideas, curates resources, and shares information to address business, employer, and community concerns.
Entrepreneurial support organizations and the Michigan Economic Development Corporation have joined forces to help small businesses overcome loss from the COVID-19 virus.
Small businesses across the country will have access to $17.4 million in funding to help them compete in the global marketplace, thanks to the Small Business Administration (SBA) announcement of 40 awards from the agency's State Trade and Export Promotion (STEP) program.
The program is expected to accelerate export business and job growth by connecting Bank products and services to a statewide network of Small Business Development Centers (SBDCs).
Michigan Economic Development's president and CEO provides insight into the state's incentives and investments in large and small businesses.