Small Business Sentiment Drops to 11-Month Low 

The National Federation of Independent Business revealed that its Small Business Optimism Index dropped to 97.1 last month, its lowest level since February 2021. A lack of available workers and rising labor costs remain the core worries for businesses right now.  

Source: Yahoo Finance 


SBA Announces New Funding for Outreach Centers Aimed at Women Entrepreneurs through Minority Serving Institutions 

The Small Business Administration (SBA) will offer $1.5 million in grants to Minority Serving Institutions that want to start a Women’s Business Center to help local women entrepreneurs. The proposal deadline to apply is March 14. 

Source: Yahoo Finance 


Five Things Small Businesses Should Know About the Metaverse 

The metaverse continues to gain a lot of buzz as the next big thing for the digital economy. Yet, small business owners should wait and see as the technology develops in the next few years.  

Source: Tampa Bay Times


How a Journalist Turned Her Side Hustle into a Profitable Newsletter Focused on Minority Tech Entrepreneurs 

Journalist and entrepreneur Sherrell Dorsey turned hard work and savvy business decisions to create “The Plug” – a subscription-based newsletter focused on Black innovation trends. Since its launch five years ago, profits have been up 400%.  

Source: Business Insider 


How One Micro-Business Owner Survived a “Roller Coaster” of a Year. 

After starting a craft retail store in Durham, North Carolina, the owner pivoted several times because of the pandemic. That included offering online retail options and teaching virtual classes.  

Source: Marketplace