Industry News – January 26, 2023

New York City Announces $75 Million Opportunity Fund  New York City Mayor Eric Adams announced a new $75 million loan program that will allow small business owners to apply for loans ranging from $2,000 to $250,000 with a fixed interest rate of 4%, regardless of loan...

Industry News – January 19, 2023

Consumer Economic Sentiment Continues Rising Per New Study  The University of Michigan’s consumer sentiment index rose to 64.6 in its preliminary January survey, up 8.2% since December. The rise is attributed to consumers feeling better about the economy due to lower...

Industry News – January 12, 2023

Venture Capital Funding Gap Still Exists for Latina Business Founders  Despite being one of the most prominent creators of new businesses each year, Latina entrepreneurs still face a significant venture capital funding gap. A lack of built-in networks to help find...

Industry News – January 5, 2023

Rural Small Businesses Owners Still Feel Uncertain About the Future   Despite rebounding after the COVID-19 Pandemic, more than half of rural small business owners surveyed still feel uncertain, according to a new report. The biggest challenges facing them include too...

Industry News – December 15, 2022

Small Businesses at Risk with Zelle Loophole for 1099-K Rule Small businesses that use the payment platform Zelle may still be responsible for reporting 1099-K income to the IRS. This is despite Zelle representatives saying that the new tax rule does not apply to...