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A surge in small business creation has led three states to launch new funding opportunities for local entrepreneurs. New York is offering flexible loans to companies and nonprofits through its forward loan Fund 2 Initiative. In Illinois, local small businesses are set to receive up to $20,000 from the Cook County Source Grant. Finally, Orange County’s Boost Program is giving out up to $10,000 in grant monies to help small businesses recover from the pandemic. All three programs are taking online applications for a limited time. Read More
Intuit simplifies admin and payroll duties via its new QuickBooks Workforce App
Financial software developer Intuit has launched a new mobile app to help companies manage administrative and payroll tasks. The QuickBooks Workforce application helps employees stay organized through features such as scheduling, billing, time management, and more. Jennifer Bickerstaff, vice president of product management for Intuit QuickBooks, called the program a”Hub created to help expanding businesses take care of their workforce.” The app can be downloaded on Android and iOS devices for users across North America. Read More
Instacart is now offering a complimentary year of free deliveries and cash back opportunities to small businesses. From now until October 31, eligible entrepreneurs who create a new Instacart business account will get access to $0 delivery fees on orders over $35, in addition to a 2% credit on purchases over $250. The company said it aims to give small business owners reliable access to office supplies and groceries, without the need for spending hours in-store. Read More
Small Business Administration marks 70 years by ringing NYSE’s closing bell
The Small Business Administration celebrated its 70th anniversary by ringing the closing bell at the New York Stock Exchange on July 31. Administrator Isabella Guzman conducted the ceremony live to recognize the organization’s success and its decades of hard work. In a pre-event statement, Guzman reflected on the SBA’s legacy, noting it had “Financed billions, fueled some of our most iconic brands and innovative industries, and helped millions of hopeful entrepreneurs realize their American dreams of business ownership.” Read More