The U.S. Treasury Department Community Development Financial Institutions (CDFI Fund) will deliver $194.1 million in financial assistance awards to 252 Community Development Financial Institutions. Award recipients also included 23 CDFIs designated as Minority Depository Institutions.
Source: Financial Regulation News
A bipartisan bill in the Senate will be introduced that could limit or outright ban foreign technology programs like TikTok in the U.S. A similar bill is already under review in the House of Representatives.
Vice President Kamala Harris participated in a roundtable discussion with Asian American small business owners in San Francisco. The owners told her the administration needs to tailor its communication to specifically help impacted communities.
Source: San Francisco Standard
Small business owners in several states can take advantage of grant opportunities in March. These include opportunities in Los Angeles, California and Greensboro, North Carolina.
Source: Small Business Trends
Most small business owners are too focused on the day-to-day running of their operations to focus on retirement for the future. Business owners must take the time to plan for their retirement, limit their overall debt, and seek out financial counseling.
Source: The Motley Fool