As we enter the next phase of reopening our state, we must continue to practice social distancing and take other precautions to avoid the spread of Covid-19. We've done a good job of flattening the curve so far. Please keep it up.
Small Business News
The heavy blow of COVID-19 around the world has had a devastating impact, specifically on small businesses globally.These businesses typically lack the cash flow and capital to sustain a halt in normal operations. According to a study done by Small Business Majority, “small businesses report they’ve experienced negative impacts to their business as a result of the coronavirus crisis.”
The Small Business Majority manages Venturize, a free online resource hub for small business owners. Among other offerings, Venturize provides a guide for small businesses to access small business loans.
Guests will include Dr. Sundari Mase, Sonoma County public health officer; Barbara Nemko, Napa County superintendent of schools; and Mark Herbert, vice president for California of Small Business Majority, a nationwide small-business advocacy group. Each will make presentations before answering questions from listeners.
Who: Sen Bill Dodd; Dr. Sundari Mase, Sonoma County’s public health officer; Barbara Nemko, Napa County superintendent of schools; Mark Herbert, vice president of the Small Business Majority.
In the past few weeks, it has become abundantly clear that truly taking care of small businesses is not a top priority for the federal government, which is incredibly disappointing seeing as this is our greatest time of need.
Since the pandemic outbreak, the eBay Foundation has pledged millions in grants to small business development nonprofits; humanitarian and medical organizations; and emergency assistance funds in the U.S. and abroad. The Foundation provided funds to Hello Alice, the Opportunity Fund and Small Business Majority, all of which are focused on supporting underrepresented entrepreneurs.
Geri Aglipay, Midwest senior outreach manager for the group Small Business Majority, says smaller stores want to help their communities see a rebound in economic activity, but it can be harder for them to make decisions about reopening. She says there’s concern about enforcing proper guidelines.
Small Business Majority offers several resources for entrepreneurs across the US. The California office hosts events and started a Women’s Entrepreneurship Program to help women in Los Angeles start and grow their businesses.
The Small Business Majority, a policy and research advocate and lobbying firm with over 65,000 business owners among its members, says terms and coverage of the PPP still fall short of the boon it is supposed to bring to business owners.
“As most states begin to reopen, we continue to hear from small business owners that any financial assistance they have received from PPP will not sustain their recovery,” John Arensmeyer, founder and CEO of the Majority, said this week.