Job growth continued in February. Firms increased employment by 0.34 workers per firm on average over the past few months, following equally good readings in December and January. Some parts of Main Street remain closed down or seriously restricted, but the economy continues to open up overall, with New York and California lagging.
State Representative Yasmin Neal (D-Jonesboro) recently introduced House Resolution 129, which seeks to allow Georgia lottery revenue to be used for HOPE recipients to convert their HOPE scholarship to a small business startup loan to fund their business venture should they decide they want to try entrepreneurship instead of traditional college upon leaving high school. Rep. Neal’s legislation was recently passed by the House Economic Development & Tourism Committee and was sent to the House Rules Committee.
Source: All On Georgia
Boston Mayor Marty Walsh announced officials are working on launching the “B-Local” app in partnership with Colu. By using the app when making purchases, customers will earn “Boston Points,” which they will be able to use like cash, with each point worth $1, at participating businesses. The initiative will help residents connect with local Black-owned, women-owned, and Main Street businesses, Walsh said.
Source: Boston Globe
The CDC released hopeful news on Monday: fully vaccinated people can be around other fully vaccinated people, indoors, without masks. But the news left some small business owners with concerns on how to regulate the guidelines and keep unvaccinated people safe. Business owners are worried about how to continue keeping employees and patrons safe.
MeMa’s Chick’n’ & Ribs in Burgaw, NC is working on a $2 million development in partnership. MeMa’s is the only black-owned restaurant in the county and has been in Burgaw for around four years, and patrons say the business is ready to scale up.
Sources: ABC News 12