$84 million deployed so far has helped keep 50,000 small business jobs
SAN FRANCISCO, January 21, 2021 /3BL Media/ - As many small businesses are still experiencing hardship from the COVID-19 pandemic, Wells Fargo is working to support its customers in another round of the Paycheck Protection Program (PPP) and continuing to provide additional small businesses support through its Open for Business Fund.
Governor Andrew M. Cuomo today announced the second phase of New York's Empire State Digital initiative to support the state's restaurants and food service industry affected by COVID-19 has launched. Beginning today and extending through April 2021, e-commerce company Ritual will offer its commission-free digital ordering platform Ritual ONE to New York's restaurants and food service businesses at no cost, for pickup and delivery.
CINCINNATI, December 11, 2020 /3BL Media/ – Fifth Third Bank, National Association, has announced the launch of the Greater Cincinnati COVID-19 Small Business Response and Recovery Initiative to ensure the success of small businesses in Hamilton County. The Initiative will provide small businesses of 25 or fewer employees (with an emphasis on small businesses with five or fewer employees) in low-to-moderate income communities that have been impacted by the pandemic with advice and pathways to accessing capital, via the Initiative’s loan and grant programs.
by Ebony Perkins, Investor and Community Relations Manager at Self-Help Credit Union
Can women really have it all?
Women have made much progress in the last century. They gained the right to vote, currently earn a higher percentage of college degrees than male counterparts, and represent more than half of the American workforce. Despite their strides, women have been disproportionately impacted by the pandemic’s economic effects, and their progress is in jeopardy.
Wells Fargo is encouraging everyone to shop local this holiday season and is deploying more than $50 million from its Open for Business Fund to help small businesses.
Small businesses are the backbone of the U.S. economy, and many have experienced significant challenges from the COVID-19 pandemic this year. Some have had to close their doors temporarily or permanently, and those who remain open are grappling with complying with new and evolving health and safety regulations, finding alternate ways to meet their customers’ needs, and retaining their employees.
Partnerships lead to transparency for small and medium-sized enterprises
Small and Medium-sized Enterprises (SMEs) form the majority of businesses globally, and as such play a crucial role in creating a more sustainable economy, environment and society. And as we approach Small Business Saturday (28 November), it is highly relevant to reflect on their contribution and importance.
With backing from the Swiss State Secretariat for Economic Affairs (SECO), GRI has over a number of years been supporting SMEs around the world in their sustainability journey.
This holiday season, Wells Fargo is proud to support the American Red Cross, Feeding America®, military families, front-line workers, and small businesses — the “heart” of communities nationwide.
The perseverance of communities continues to be a shining light during these trying times, and Wells Fargo is celebrating the optimism and determination of our community anchors. From local food banks stepping up to meet the steep increase of people seeking assistance, to small businesses adapting to rapidly changing environments, to military service members and front-line workers committed to keeping our communities safe, Wells Fargo salutes those working together to support each other year-round, and especially during the holidays.
As small businesses suffer the economic impact of COVID-19, Truist and community partner LISC are working to bring resources to rural towns.
Culpeper, Virginia, resident beekeeper and small-business owner Felecia Chavez has had a difficult year. Her business lost 90% of its revenue. She couldn’t pay her employees. Her landlord raised her rent. And she contracted COVID-19.
The COVID-19 pandemic changed everything for many small business owners almost overnight. In a new film, presented by Innovate Finance, hear how entrepreneurs from New York to the United Kingdom have pivoted their businesses, accelerated their digital payments offerings, and kept afloat in this challenging year with some help from PayPal.