Brian Hamilton, who now runs the Brian Hamilton Foundation and Inmates to Entrepreneurs after founding and later selling software firm Sageworks, says he sees a big “glitch” in the new plan providing $349 billion in loans to help small businesses deal with the economic fallout of the coronavirus.
Read MoreMillions of small business owners will be turning to the government, seeking help for an individual and nationwide cataclysm, the economic devastation caused by the coronavirus outbreak. The government says it will begin disbursing loan money to company owners and freelancers Friday under the Paycheck Protection Program, part of the $2 trillion relief package signed into law last week. For many companies, it may be the quickest way to rebuild the lifeblood of any business: the cash flow that enables a company to pay its bills. The program could be vital to the economy’s recovery: Small businesses employ about...
Read MoreTreasury Secretary Steven Mnuchin says small business loans that are part of the recently passed $2 trillion coronavirus relief package should become available by April 3 with approval expected “the same day.”
Read MoreThe question was raised during a call organized by the UNC Kenan-Flagler Business School and its affiliated Kenan Institute of Private Enterprise, which have been holding weekly briefings since the crisis erupted.
Read MoreStartups backed by venture capital may not qualify for a new $349 billion round of Small Business Association loans, warns PitchBook.
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More financial relief for startups and small businesses are coming through actions taken by the Federal Reserve on Monday. This follows the news of last week that the US Small Business Administration is making loans up to $2 million for eligible businesses after it approved a “disaster declaration” for North Carolina.
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Here’s our latest wrapup of upcoming conferences, contests, workshops, application deadlines and socials happening across North Carolina through the end of January.
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Lots of events and application deadlines have been announced across North Carolina for the month of January. Here’s our exclusive guide.
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Several events have been announced across North Carolina for the month of July. Here’s a guide.
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