CINCINNATI, July 1, 2020 /3BL Media/ – Duke Energy, through its foundation, is partnering with the Cincinnati USA Regional Chamber and the Northern Kentucky Chamber to provide financial assistance to local women-, veteran- and minority-owned small businesses impacted by the coronavirus.
Each chamber will receive $75,000 from Duke Energy to be distributed to qualified small businesses.
June 25, 2020 /3BL Media/ - Moody’s Analytics has added new capabilities to its small business loan application and lending portal to help banks process loan forgiveness applications under the CARES Act Paycheck Protection Program (PPP).
Taproot Foundation brings together panelists on June 25 to explore how pro bono can support small businesses during our current crises.
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Small businesses are often described as the backbone of our communities, employing millions of individuals and providing vital services and contributions. But what does their path forward look like in the wake of our current crises?
Truist helps rebuild underserved communities through small business support and connective technology
CHARLOTTE, N.C., May 20, 2020 /3BL Media/ – Truist Financial Corporation (NYSE: TFC) today announced it will commit an additional $25 million philanthropic pledge as part of its Truist Cares initiative, now totaling $50 million. The financial services company launched Truist Cares* earlier this year in response to the COVID-19 pandemic to meet the immediate and long-term needs of communities, clients and teammates.
CINCINNATI, May 7, 2020 /3BL Media/ – Fifth Third Bank, National Association announced today that it has secured more than $5.5 billion in funding approval for more than 31,000 businesses through the Small Business Administration’s Paycheck Protection Program. These loans have the potential to support up to 555,000 jobs.
Alexion partners with a wide variety of third parties to deliver the goods and services required to support the discovery, development and commercialization of life-changing therapies. We work to develop mutually beneficial relationships that support our corporate goals, while engaging in a manner that supports our patient focus and values.
Cisco has partnered with Kiva on multiple initiatives, as part of our efforts to support entrepreneurs to start small businesses, and bank the unbanked. We have provided cash grant investments for early stage Kiva concepts which now are operating at scale, as well as donations of Cisco technology which Kiva uses to run their operations. Last year, Kiva facilitated support to nearly 1,000 small business owners across the U.S.
By Tony Rogers, Senior Vice President and Chief Member Officer
Our members are at the heart of everything that we do because of everything they do – and that’s especially true for our small business members who serve communities across America. Unfortunately, many small business owners are in duress due to the economic impact of the COVID-19 pandemic. In fact, according to the National Federation of Independent Businesses, over 90% of small businesses have been negatively impacted.
Strengthening CDFIs is essential for helping businesses and communities rebound from the pandemic
As Americans are bracing for the health fallout from the COVID-19 outbreak, the nation’s Main Street businesses are fighting for their survival. Salon owners, event planners, shopkeepers and restaurants are being forced to make hard choices—pay their bills or their employees—and the workers who rely on them for their livelihoods face prolonged economic hardship.