November 1st to the 5th is National Veterans Small Business Week. Sponsored by the U.S. Small Business Administration (SBA), the week is designed to encourage veterans, who own 9% of all small businesses in the country, with information on funding, training, and landing federal contracts.
Per a recent survey, 50% of all small businesses are owned by those age 55 or older. That’s why more 50+ professionals are considering starting a business rather than enter retirement, in order to earn income and take advantage of their existing skills.
ZmBIZI, a new startup, is expanding its business phone services to assist minority owned businesses in Los Angeles after a successful pilot launch in Washington, D.C. The startup’s owners hope to make it easier for more small businesses to use tech for contactless payments and customer service.
Source: Los Angeles Magazine
Diageo North America, through its “Raising The Bar” fund, aims to support small hospitality businesses in Seattle, with a particular focus on businesses owned by people of Asian or Pacific Islander descent. Applications are being accepted until November 19, 2021, with eligible businesses receiving $7,500 each.
Through a new partnership based in Richmond, Virginia, Latino entrepreneurs can learn necessary skills to start and run a business. The academy is the first of its kind in the area to target a bilingual audience.