Money is the place to find financial guidance and advice to plan your small business or your family’s future as well as information for access to capital, funding and investors.

SBA to Prioritize Smallest of Small Businesses in Paycheck Protection Program

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After  a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration announced they are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s smallest of small businesses. 
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NJ FAM Fund Created to Support NJ Latinx and Black Businesses

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Last week, eight mayors from urban cities announced the creation of the NJ FAM (New Jersey 40 Acres and a Mule Fund), with the collective goal of putting capital directly in the hands of New Jersey’s Black and Latinx business owners and communities, which traditionally have suffered the greatest barriers in access to financial resources.

$10,000 Grant Opportunity for Black and Minority-Owned Businesses

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In response to the economic challenges brought on by COVID-19 and civil unrest, Fiserv is giving back to help small businesses get Back2Business with a program focused on helping to jump-start Black- and minority-owned small businesses in hard-hit communities. 

Nigerian finance leader Ngozi Okonjo-Iweala to lead WTO 

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In a statement late Friday, the Biden Administration expressed its strong support for Ngozi Okonjo-Iweala,  leading candidate for leader of the World Trade Organization (WTO). The administration has lauded her for he experience at the World Bank and leading Nigeria’s finance ministry, and pledged to work with her on needed reforms.

Recent survey data reveal the effects of COVID-19 on women’s careers 

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Last month, record job losses pushed women and people of color out of the workforce en mass with over 140,000 jobs lost in December alone. The effects of COVID-19 on women’s careers has been extensive. Women in the U.S. have bore the brunt of pandemic-related layoffs, resulting in over 5 million jobs lost according to the Bureau of Labor Statistics. 
American Rescue Plan

How the $1.9 Trillion "American Rescue Plan" will help communities rebuild post-COVID

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The twin disasters of the COVID-19 pandemic and economic fallout have left families reeling from sickness, unemployment, and increases in food anxiety. Communities of color have especially been disproportionately affected.As President Biden steps into office, it is crucial that these issues be addressed with the recovery plan that will aim to combat these crises. 
PPP loan forgiveness

PPP Loan forgiveness: $50,000 loans for small business and self-employed

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Update on the PPP loan forgiveness application The SBA and US Treasury released a new, simpler forgiveness application Form 3508S for PPP borrowers who have loans of up to $50,000 - either employer or self-employed. 

2021 Update to PPP loans and Employee Retention Tax Credit

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During the January 5th Small Business Update, U.S. Chamber of Commerce executive vice president and chief policy officer, Neil Bradley, discussed the recently-passed  $900 billion coronavirus stimulus bill in more detail. Below is a breakdown on what to expect from the Employee Retention Tax Credit (ERTC), second draw PPP loans, Economic Injury Disaster Loans (EIDLs), and new live-venue grants.

Immigrant mixed-households to receive stimulus checks

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New stimulus checks are coming for jobless Americans. After months of negotiations, lawmakers struck a $900 billion COVID-19 stimulus deal. The stimulus package was passed by the Senate earlier this week, just in time as nearly 12 million Americans are set to lose unemployment benefits the day after Christmas.