The opportunities and risks of Metaverse for small businesses

The opportunities and risks of Metaverse for small businesses

The Metaverse has been become one of the biggest buzzwords in the blockchain and crypto, as it promises to provide a more immersive, interactive and collaborative experience than what the internet has accomplished to date.  This promise of a new world has huge enterprises like Meta (formally known as Facebook) investing huge sums in the

Black Business Expo and Financial Empowerment Summit teaches businesses growth opportunities

Black Business Expo and Financial Empowerment Summit teaches businesses growth opportunities

FLINT, MI — The 2022 Black Business Expo and Financial Empowerment Summit was held on Friday, July 22 at the Flint Farmers’ Market. The event was designed to highlight minority-owned businesses by providing professional financial education, information on local and government resources for business development, and social media presence. Chennelle Dismond, chairperson of the Black

Marijuana Businesses Could Be Listed On Stock Exchanges And Access Financial Services Under New Bipartisan Bill

Marijuana Businesses Could Be Listed On Stock Exchanges And Access Financial Services Under New Bipartisan Bill

State-legal marijuana businesses would be able to be listed on national stock exchanges and access key financial services under a bipartisan congressional bill that was filed on Thursday. The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act is being sponsored by Reps. Troy Carter (D-LA) and Guy Reschenthaler (R-PA). While a main thrust of

U.S. businesses have mixed reaction to order

U.S. businesses have mixed reaction to order

U.S. businesses are giving a mixed reception to President Biden’s COVID-19 vaccination mandate for firms with 100 or more employees, with many larger companies or their trade groups welcoming the directive even as smaller businesses are bristling. Some companies say the order imposes yet another burden that could intensify historic worker shortages and supply-chain bottlenecks. Meanwhile,

Bike ride will raise money for Black businesses, nonprofits

Bike ride will raise money for Black businesses, nonprofits

An organization plans to bike about 375 miles to raise money to help Black-owned businesses and nonprofits. Black Leaders Detroit hosts the seven-day ride from Detroit to Mackinaw City called the BLD: Ride for Equity.  The group plans to leave from Detroit at 8 a.m. Sunday. “Black leadership in Detroit still not having the same level of access

Ohio needs to spend money on struggling small businesses instead of vaccine incentive stunt

Ohio needs to spend money on struggling small businesses instead of vaccine incentive stunt

Ohio businesses are not out of the woods from the pandemic. Small business owners are facing inflation, a worker shortage, and the lingering effects of shutdowns and capacity limitations. But that doesn’t seem to be of concern to Ohio’s leaders. Gov. Mike DeWine has done little to aid struggling entrepreneurs. Instead, he’s focused on failed

Texas approves another 0 million to entice businesses

Texas approves another $100 million to entice businesses

The state’s best-known corporate incentive program, the Texas Enterprise Fund, got its usual vote of confidence last month. Lawmakers in Austin approved another $100 million for the next two years, allocating roughly the same amount to the so-called deal-closing fund as in recent legislative sessions. That’s welcome news in Dallas-Fort Worth, where projects over the

Legacy offers forgivable loans for businesses hurt by COVID pandemic

Legacy offers forgivable loans for businesses hurt by COVID pandemic

As the country inches to some sense of normalcy, small businesses — especially minority-owned companies — are still struggling to recover from the pandemic’s financial gut punch. Shutdowns during the early days of the pandemic and keeping pace with public health orders wreaked havoc on mom-and-pop businesses’ bottom line. Even as businesses open up, mask restrictions loosen

Payroll Protection Program running out of money for small businesses | Business

Payroll Protection Program running out of money for small businesses | Business

SPOKANE — What started as a bold plan to save small businesses by a federal agency best known for disaster loans has turned into a massive $780 billion bailout that local bankers believe was necessary to prevent more catastrophic economic damage from the coronavirus pandemic. The U.S. Small Business Administration’s officials on Wednesday announced the