News
“Building Banking Relationships that Stick” workshop helps Cambridge small businesses improve their access by banking local
The Cambridge-Somerville Black Business Network (CSBBN) hosted a free workshop to help local businesses – especially those owned by people of color – learn about and build relationships with three locally-based community banks.
National evidence in the wake of the Payroll Protection Program (PPP) indicated that Black and other minority-owned businesses were far less likely to have successful applications for this crucial support, in part because of a history of discrimination from banks of all types.
Topics covered during the session included building and nurturing banking relationships, managing cash flow and credit, and financial aspects of running a business. The workshop was sponsored by the Sustainable Business Network of Massachusetts and Cambridge Local First, both members of AMIBA.
Learn more about these organizations and the new Black Business Network at SBNMass.org and CambridgeLocalFirst.org
EBay offers Virtual and Live Webinar Sellers School to help small business owners succeed online
From ebay.com
EBay is offering two versions of its Sellers School to small businesses in the US. Six weeks of guided training and support to help you grow your business on eBay, including access to:
- eBay Seller School learning content
- Weekly webinars from eBay’s selling experts
- Weekly coaching sessions with expert sellers for guidance and inspiration
- Dedicated discussion board to ask questions, share learnings, and connect with peers
A second self-directed learning program provides access to on-demand video content.
The Seller School guided course is open to US-based retail businesses that have:
- registered as an eBay business within the last six months, and
- been in operation outside of eBay at least one year
In-person sessions start October 21. For more information,
Maine Voices: Covid-battered Local Businesses Need Congress to Step Up
From Portland Press Herald. By AMIBA Board of Directors member Mary Alice Scott.
For local businesses in Portland, the future is bleak. Portland Buy Local recently surveyed our members and found that nearly 30 percent are considering permanently closing.
This isn’t unique to Portland, and yet national leaders don’t seem bothered by the grim reality that our communities could soon be filled with shuttered storefronts.
Anti-Monopoly Fund Funnels $1 Million into Antitrust Efforts
From washingtonpost.com
A group pushing for more competitive markets is funneling more than $1 million into initiatives that promote stronger antitrust enforcement as U.S. regulators examine whether Silicon Valley’s biggest companies have too much power over commerce.
Three Banks Award $33K Grant to Help Support Tourism in Las Vegas, New Mexico
From Businesswire.com
Southwest Capital Bank, Community 1st Bank Las Vegas (Community 1st Bank) and the Federal Home Loan Bank of Dallas (FHLB Dallas) have provided $33,000 in Partnership Grant Program (PGP) funds to help a nonprofit foundation in Las Vegas, New Mexico, market the city to tourists.
‘Downtown on the Farm’ continues at a social distance in 2020
From wgnsradio.com
Downtown on the Farm, presented by Locally Owned Murfreesboro, is BYOB (Bring Your Own Blanket) in 2020, the nonprofit announced. The organizing committee has taken the current public health situation into consideration and made adjustments to this year’s annual farm-to-table fundraising dinner.
What Will It Take To Save America’s Small Businesses?
From wbur.org
Devastation for American small businesses. Federal relief funds ran out almost instantaneously. More may be on the way, but what can be done to save small business?
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