insert_link Food & Drink The House Just Passed $42 Billion in Additional Relief for Restaurants Few sectors were hit as hard by the COVID-19 pandemic as the hospitality industry, with restaurants and bar closures serving as a frontline defense against social mixing. And yet, many of these businesses have struggled to get relief funding. As Food and Wine reports, despite multiple iterations, the SBA's Paycheck Protection Program proved problematic and controversial. And more recently, the Restaurant Revitalization Fund only provided compensation to about a third of businesses that applied […] todayApril 11, 2022
insert_link Fashion Fashion and Beauty Brands Start Grants for BIPOC-Owned Businesses According to CBS News, 40% of Black-owned enterprises might not make it through the Covid-19 pandemic. The Center for Responsible Lending estimated that 90% of small businesses owned by people of color "have been, or will likely be, shut out" from the Small Business Administration's Paycheck Protection Program (PPP), Ashley Harrington, the organization's director of federal advocacy and senior council, told CBS News in April. (You may remember how, quite controversially, the PPP initially sent loans […] todayJune 26, 2020
play_arrow
play_arrow
