According to the New York Times, unemployment is on the rise in Black America because of coronavirus. We have been more likely to shut down our businesses or lose our jobs during this time. Luckily, for one Detroit business owner, she has been proclaimed as “recession proof”. Katrina Wilson has been able to keep going. After receiving nearly $600k in funding including grants … [Read more...] about Black Woman Beats the Odds- Continues Launch of $800k Multicultural Salon in Downtown Detroit Despite Delays Due to COVID-19
Small Business News
Why You Shouldn’t Let the Pandemic Derail Your Business Plans
If you’d been planning to start a business this year but feel discouraged because of the pandemic, remember that you can still find success as an entrepreneur—even during a recession. There are ways to make your business idea a reality, but only if you commit to being resourceful and finding the silver linings. If you need encouragement or ideas, read on and check out more … [Read more...] about Why You Shouldn’t Let the Pandemic Derail Your Business Plans
Citizens Bank Announces Award of Grants for Minority-Owned Small Businesses
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Bank today announced that it has awarded 100 grants of $15,000 each totaling $1.5 million to minority-owned small businesses across its service areas as part of its previously announced $10 million investment to help drive social equity and economic advancement in underserved communities across its footprint. Through a short essay, … [Read more...] about Citizens Bank Announces Award of Grants for Minority-Owned Small Businesses
Tri Counties Bank Announces Contributions to Programs Supporting Minority-Owned Businesses
CHICO, Calif.--(BUSINESS WIRE)--Tri Counties Bank announced today it will provide $100,000 in total contributions to four community organizations that support minority-owned businesses throughout the Bank’s footprint in Northern and Central California. Further, the bank is appealing to its customers and communities to raise still more funds for these programs. The Bank will … [Read more...] about Tri Counties Bank Announces Contributions to Programs Supporting Minority-Owned Businesses
How Remote Work Is Changing Tech Salaries in the Era of Coronavirus
Tech companies are adopting 100% remote work. At the same time, many companies expect most of their workforce to return to the office by the end of the year. Trailblazing companies like Twitter, Slack, and Facebook announced they will let all employees work remotely from this point forward if they so choose. Mark Zuckerberg's Facebook will cut pay for employees who relocate to … [Read more...] about How Remote Work Is Changing Tech Salaries in the Era of Coronavirus