Monitoring grant alternatives is necessary for small enterprise homeowners. Grants present needed funding for various enterprise wants like enlargement, gear purchases, and advertising and marketing. Staying up to date on out there grants permits companies to safe monetary assist with out compensation obligations, serving to keep money movement and promote progress.
Moreover, grants usually present entry to assets, mentorship, and networking alternatives, aiding enterprise growth and sustainability. Commonly checking for grants ensures that small companies can benefit from these helpful alternatives to enhance their operations and obtain long-term success.
1000’s in Extra Grant Funds Proposed to Assist Small Companies
Small enterprise grant applications stay top-of-the-line methods for native communities and authorities businesses to assist the economic system. There are numerous methods these applications will help small companies, from bettering downtown storefronts to creating new jobs. Beneath, discover a number of applications which are at present supporting companies and communities all through the U.S.
SBA Publicizes $3M in Grants to Enhance Cybersecurity for Small Companies
The U.S. Small Enterprise Administration (SBA) has introduced $3 million in new funding to assist cybersecurity for rising small companies. This initiative, below the Cybersecurity for Small Companies Pilot Program, will award three grants to state businesses, offering coaching and assist to fight cyber threats.
Small Enterprise Information July 26, 2024
This week, the roundup begins with a warning from the IRS. Promoters and social media platforms are spreading false data, encouraging taxpayers to file incorrect “Self Employment Tax Credit score” claims. The IRS can be urging taxpayers who requested an extension to file their taxes over the summer season fairly than ready till the October deadline. For extra small business-related information, check out the remainder of the roundup.
IRS Warns Taxpayers About False “Self Employment Tax Credit score” Claims
The Inner Income Service (IRS) has issued a warning to taxpayers about deceptive claims concerning a non-existent “Self Employment Tax Credit score.” Promoters and social media platforms are spreading false data, encouraging taxpayers to file incorrect claims.
IRS Urges Early Submitting with Free File Forward of October Deadline
The IRS is urging taxpayers who requested an extension to file their taxes to make the most of IRS Free File and different assets on IRS.gov over the summer season fairly than ready till the October deadline. By doing so, taxpayers can keep away from the frenzy and potential stress because the deadline approaches.
Supreme Courtroom Choices Profit Small Companies in 2023-2024 Time period
The U.S. Supreme Courtroom’s 2023-2024 time period introduced key victories for small companies, impacting the Most important Avenue economic system. The Nationwide Federation of Impartial Enterprise (NFIB) filed amicus briefs in 12 instances, with 5 choices favoring small companies, together with a big ruling overturning Chevron.
Former Tech CEO Pleads Responsible to $14M Payroll Tax Fraud
Andrew Park, a New Hampshire resident and former CEO of a startup expertise firm, has pleaded responsible to evading over $14 million in payroll taxes and failing to file private tax returns. Park, 49, from Bedford, was chargeable for the corporate’s monetary issues, together with submitting quarterly employment tax returns and managing federal, state, and native tax funds.
SBA Working Capital Loans Deadline for New York Companies: August 5, 2024
The U.S. Small Enterprise Administration (SBA) is alerting small companies, agricultural cooperatives, aquaculture enterprises, and most non-public nonprofit organizations that the deadline to use for federal working capital loans is quick approaching. These loans are for these impacted by the twister and heavy rains that started on July 2, 2023.
Amazon Prime Day 2024 Achieves Report Gross sales
Amazon has introduced that Prime Day 2024 was its most profitable Prime Day occasion ever, breaking gross sales information with extra gadgets offered than any earlier 12 months. In the course of the two-day occasion, Prime members worldwide took benefit of offers throughout greater than 35 classes, saving billions of {dollars}.
Treasury and IRS Replace RMD Laws for IRAs and Retirement Plans
The Treasury Division and the Inner Income Service (IRS) have issued up to date steering on required minimal distributions (RMDs) from Particular person Retirement Accounts (IRAs) and different retirement plans. These remaining rules, which align intently with the proposed guidelines from 2022, replicate modifications launched by the SECURE Act and the SECURE 2.0 Act.
SBA Amends Catastrophe Declaration, Provides Loans to Texas Nonprofits
The U.S. Small Enterprise Administration (SBA) has amended its catastrophe declaration for Texas, making low-interest federal catastrophe loans out there to particular non-public nonprofit organizations in Bailey County. This follows President Biden’s Might 23 main catastrophe declaration because of extreme storms, straight-line winds, tornadoes, and flooding from April 26 to June 5.
Small Enterprise Demonstrates What’s Doable When Adopting AI
Synthetic intelligence is a supply of each pleasure and nervousness for a lot of small companies. One enterprise in Michigan is at present exhibiting what’s doable, whereas additionally leaving many unanswered questions concerning the future. LaFleur Advertising and marketing in Grand Rapids, Michigan, first began utilizing a number of AI instruments final 12 months.
Practically All Small Enterprise Homeowners Are Blissful When Fulfilled at Work
Most of the present headlines surrounding small enterprise homeowners sign doom and gloom. For instance, many are pessimistic about their firm’s outlook for the approaching 12 months, involved about inflation, and even closing because of rising lease and different bills. However even with all of those hardships, a latest survey suggests that almost all small enterprise homeowners describe themselves as completely satisfied.
Entrepreneur Combines Passions for Baseball and Woodworking
Baseball is a sport steeped in custom and nostalgia. However one entrepreneur in Baldwin Metropolis, Kansas is discovering methods to place a novel new spin on the sport. Jacob Austin Walters is a longtime baseball fan who grew up taking part in up by the school degree. His different ardour as he grew up was woodworking. So Walters discovered a approach to combine these two pursuits – making bats.
Salesforce Launches Einstein Service Agent for Environment friendly Buyer Service
Salesforce has launched Einstein Service Agent, an AI-driven chatbot designed to streamline customer support by resolving points rapidly and precisely. This new software improves customer support by offering an clever, conversational interface that makes use of trusted enterprise and buyer information.
Semrush and Emojipedia Launch Emoji Advertising and marketing Mini-Course for Entrepreneurs
Semrush Academy has teamed up with Emojipedia to launch an Emoji Advertising and marketing Mini-Course, aiming to help entrepreneurs in utilizing emojis successfully. This partnership addresses the demand from entrepreneurs who usually discover it difficult to pick out applicable emojis for his or her campaigns. Emojipedia, a number one digital model below Zedge, Inc.
Michigan Teen Graduates Excessive Faculty Early to Run Companies
For years, younger folks have been informed to go to school after which discover a profitable profession. However larger training isn’t essential to run a profitable enterprise, as one younger entrepreneur in Michigan is proving. Addison Bringedahl is a 17-year-old in Pentwater, Michigan. Her household runs a number of companies, together with a common retailer and a enterprise that rents and repairs golf carts.
Miami Entrepreneur Finds Distinctive Approach to Battle Quick Trend Air pollution
Quick trend manufacturers are a significant contributor to the world’s air pollution. However one Florida enterprise is discovering a novel approach to make the business extra environmentally pleasant. Patricia Ermecheo is the founding father of Osomtex, a Miami-based trend firm that makes recycled cloth and yarn out of potential trend waste.
Be Uniic’s No-Nonsense Method Revolutionizes Startup Advertising and marketing
Within the aggressive world of startup advertising and marketing, success tales are uncommon, and lots of businesses fail to ship on their guarantees. Be Uniic is altering the sport with an easy method to progress and advertising and marketing for startups. Specializing in pre-seed to Collection B startups, Be Uniic focuses on driving progress by sensible, data-driven methods.
GPS Producer Pays $2.6M to Settle False Claims Act Allegations Over PPP Mortgage
Hemisphere GNSS (USA) Inc., a GPS producer in Arizona, has agreed to pay $2.6 million to settle allegations that it violated the False Claims Act. The corporate allegedly supplied false data to use for and obtain forgiveness of a Paycheck Safety Program (PPP) mortgage it was not entitled to obtain.
IRS Enhances FATCA Registration with Multi-Issue Authentication
The Inner Income Service (IRS) introduced that it’s going to enhance the id authentication course of for monetary establishments registering below the Overseas Account Tax Compliance Act (FATCA). Beginning July 14, customers should register or register with the IRS’ credential service suppliers, Login.gov or ID.me, to entry the FATCA Registration System. FATCA requires most U.S.
Elon Musk Publicizes California Exit Because of Controversial New Regulation
Billionaire Elon Musk just lately introduced that he’s shifting the headquarters for his firms SpaceX and X out of California after the passage of a controversial new invoice. The Invoice, Elon Musk exiting California because of AB 1955, a invoice that prohibits faculties from notifying mother and father of modifications in a baby’s gender id. Musk wrote on X, previously generally known as Twitter, “That is the ultimate straw.
She Traveled to All 50 States- That is What She Discovered About Enterprise
What in the event you traveled across the nation to every state for per week multi function 12 months and met folks identical to you and folks that weren’t in any respect such as you. This week on The Small Enterprise Radio Present, I talked to State Senator Dafna Michaelson Jenet, who did simply that a few years in the past and was featured on “Sunday Morning” consequently.
Smartsheet Integrates Amazon Q to Enhance Worker Productiveness with AI
Smartsheet has built-in Amazon Q, a generative AI assistant, into its operations to boost productiveness and streamline data administration. This new AI-powered software, a part of a deeper partnership with Amazon Internet Providers (AWS), seems to be to offer fast solutions to staff’ questions, serving to them work extra effectively.
Arkansas Nonprofits: SBA Catastrophe Mortgage Deadline Approaches
The deadline for Arkansas non-public nonprofit organizations to use for Small Enterprise Administration (SBA) federal catastrophe loans is approaching. Francisco Sánchez Jr., affiliate administrator for the Workplace of Catastrophe Restoration and Resilience on the SBA, reminded organizations of the August 14, 2024 deadline.
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