Source: SC SBDC The United States has experienced consistent and steady economic recovery following the COVID-19 recession that took place during the Spring of 2020. Yet 2022 brought with it a new set of challenges. To specifically identify issues faced … Read More
Source: Arkansas SBDC When the pandemic swept the world, causing great stress on small businesses, the Small Business Administration (SBA) responded by creating the COVID-19 Economic Injury Disaster Loan (EIDL). Small business owners could apply for this government-provided loan, and … Read More
Due to the continued adverse effects of the pandemic, SBA provided a deferment period of 30 months from the date on the original Note for COVID-19 EIDL borrowers. Interest continued to accrue on the loans during deferment. EIDL payments are … Read More
From Motley Fool, here are five trends to watch for in 2023: 1. Technology will become even more important The trick with new technology is to implement solutions that will make your life easier, without letting it take over. Don’t … Read More
The One NC Small Business Program was funded at $2M for FY 2023 which runs from 7/1/22 to 6/30/23. The Program has two components: the incentive and the match. Links to the program solicitations are noted below. If you believe … Read More
Multi-SBIR/STTR Awardee Shares Insights QATCH Technologies, founded by Dr. Zehra Parlak in 2016, is leveraging its Duke-originated sensor technology to change how drug formulations are developed. The Durham-based company consists of a team of six engineers and scientists. Its innovative … Read More
The annual NC Global Advantage Forum seeks to engage and convene a broad cross-section of North Carolina leaders to focus on global opportunities in education, economic development, and entrepreneurship. Sponsored by GO Global NC, in partnership with the NC Coalition … Read More
The US Small Business Administration has announced that they will waive the interest rate for the first year on new disaster loans and extend the initial payment deferment period automatically to 12 months. New disaster loan borrowers will now have … Read More
Source: US Small Business Administration It’s difficult to understate all the changes the business landscape has seen in the past few years, and yet entrepreneurs have responded with incredible adaptability. Perhaps that is one of the biggest reasons small business … Read More
Source: Maine SBDC What’s the big change? Starting in 2022, third-party settlement organizations (TPSOs) must report any income you receive “for goods and services in excess of $600” to the IRS. Prior to the bill, these processing platforms only reported … Read More
