Small Business Grants: Get Free Funding

Sneha Hull | September 5, 2021 | 282 views

Doesn't free money for small businesses sound wonderful? Thus, free money to small-medium enterprises (SMEs) is the core purpose of small business grants. As a small business owner, you are constantly looking for funding opportunities for small businesses to expand your enterprise. This requirement became even more desirable during the coronavirus pandemic.

The following are the top challenges facing small businesses:

  • Cash flow is limited or inconsistent
  • Lack of capital raising
  • No provision for unforeseen expenses
  • Inadequate tax compliance
  • Absence of a budget
  • Combining commercial and personal finances

“It’s almost always harder to raise capital than you thought it would be, and it always takes longer. So plan for that.” 
                                                             – Richard Harroch, Venture Capitalist and Author


How About We Figure Out What a Business Grant is?

A grant is a sum of money provided to a business for a particular purpose. There are several financing possibilities for small enterprises when applying for start-up business grants. You only need to know where to find it. Government (federal and state), charities, and private institutions all offer small business grants.

Unlike small business loans, small business grants do not need a repayment. In addition, unlike loans, you are not required to provide security, are not charged late fees or interest, and are not required to give away any ownership of your business. As a result, grants for small businesses are an appealing source of finance for businesses.
 

Small business grants are frequently awarded based on specific areas, industrial sectors, community groups, or types of enterprises. Grants come in various forms, including those granted by the government, those supplied by private firms, and those directed for specific groups such as women, veterans, or women. In addition, considering the current pandemic crisis, a new grant has been established to assist individuals negatively impacted by the coronavirus pandemic.

The federal government does not provide start-up business grants; instead, its grant programs are often directed toward non-profit organizations or other government agencies that face financing challenges.

COVID-19 Small Business Grants

Several types of COVID-19 small business grants are available to mitigate the loss caused by the coronavirus to small businesses. First, government grants for small businesses provide economic relief from the loss of revenue.

The United States Small Business Administration (SBA) administers federal small business funds for coronavirus recovery under the Economic Aid to Hard-Hit Small Businesses, Non-profit Organizations, and Venues Act.

Paycheck Protection Program (PPP):

Small Business Administration (SBA) provides financial help by introducing financial assistance programs like Paycheck Protection Program (PPP). However, Paycheck Protection Program (PPP) concluded on May 31, 2021. Even after the termination of the program, you can still qualify for loan forgiveness. This program was a significant part of COVID-19 small business grants. As of May 10, 2021, the SBA has authorized $782 billion in PPP loans.

To qualify for loan grants, you must establish the following:
  • Maintaining employee and pay levels
  • The revenues of the loan are used to cover payroll costs and other allowable expenses
  • At least 60% of the earnings are used to cover payroll expenditures

COVID-19 Targeted Economic Injury Disaster Loan (EIDL)

The Federal government recognized the coronavirus's impact and introduced many COVID-19 small business grants, and Targeted EIDL was one of the leading financial assistance programs offered.

The SBA makes targeted economic injury disaster funding available to small companies in low-income regions that have suffered revenue loss due to the coronavirus pandemic. This is more of a donation than a loan, as it is not returnable.

The targeted EIDL offers up to $10,000 in advance if your firm is:
  • Located in a low-income neighborhood
  •  Has sustained a higher than 30% economic loss
  •  Employ no more than 300 people

Due to COVID-19, small business owners and qualified agricultural companies in all 50 states and territories of the United States are presently eligible to apply for a low-interest loan.

Shuttered Venues Grant

As of August 2021, the Shutter Venues Grant program is ended. However, later that month, the Small Business Administration (SBA) planned to establish a supplemental Shuttered Venue Operators Grant (SVOG) application for 50% of the initial amount, up to a maximum of $10 million.

The Economic Aid to Hard-Hit Small Businesses, Non-profits, and Venues Act established the Shuttered Venue Operators Grant (SVOG) program, modified by the American Rescue Plan Act. The initiative, managed by the SBA's Office of Disaster Assistance, would provide over $16 billion in subsidies to closed venues.

Eligible candidates may receive up to 45% of their gross earned revenue in the form of a grant. The maximum grant is ten million dollars.

Restaurant Revitalization Fund (RRF)

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide emergency assistance for eligible restaurants, bars, and other eligible businesses impacted by the pandemic.

This program compensates restaurants for income losses caused by the pandemic, up to a maximum of $10 million per firm and no more than $5 million per physical location.

As of now, RRF is closed for new applications.

Government Grants for Small Business

Numerous government grants for small businesses have been made available for free by the federal, state, and municipal governments. However, accepting free government money entails a considerable bit of paperwork and is time-consuming and technical at the same time.

Federal Government Grants for Small Business

The federal government offers many other additional grants for small businesses along with COVID-19 assistance. Federal government grants for small businesses are generally available to firms engaged in research, technology, or health.

The government agencies that support small company grants are the SBA, the National Institutes of Health (NIH), and the Department of Agriculture.

Let us find out which are the most competitive government grants for small businesses.
  • Small Business Innovation Research Program (SBIR)
  • Small Business Technology Transfer Program (STTR)
  • U.S. Small Business Administration State Trade Expansion Program (STEP)
  • NIH Grants
  • U.S. Department of Energy (DOE) and Environmental Protection Agency (EPA)
  • U.S. Department of Agriculture (USDA)

State Government Grants for Small Business

State offers government incentives to a small business that address the state's social or economic issues. However, due to the minor application set for state funds, competition may be less severe and easily accessible.

Federal agencies occasionally award grants to state governments, which then distribute the monies.

Below is few resources body that offers funding opportunities for small businesses:
  • U.S. Economic Development Administration
  • State Business Incentives Database
  •  Small Business Development Centers (SBDCs)

 Private Small Business Grants

While government grants are beneficial to small companies, the financing levels are insufficient. Occasionally, private corporations and charities step forward and provide small business grants. On the other hand, private business grants need separate applications and may have eligibility limits confined to specific industries.

Numerous corporate-sponsored small business grants require applicants to compete in pitch competitions or something comparable. Unfortunately, few major private corporations provide substantial financial incentives to small businesses for joining (and winning) contests or pitch competitions. However, even if you do not win, you may receive a runner-up reward or exposure for your business.

Below are few private small business grants available
  • FedEx Small Business Grant Contest
  • National Association of the Self-Employed (NASE)
  • Visa Everywhere Initiative
  • Wells Fargo Community Investment
  •  Nav's Quarterly $10,000 Business Grant
  •  Patagonia Corporate Grant Program

Start-Up Business Grants

A start-up business grant is money provided by the government or another entity to assist small businesses and organizations in establishing and developing their businesses. Initially, small business grants are often not accessible to launch a firm; nevertheless, they are available for specific businesses and owners.
 

The following is a list of different sorts of businesses eligible for start-up small business grants:
  •  Innovators
  • Rural Businesses
  • Green businesses
  •  Women, veteran, or minority-owned businesses
  • Non-profit organizations

Here is an example of small business start-up grants
  • 4.0 Schools fellowships
  •  Jack Daniel's pitch distilled

Final Thought

As the information above indicates, there are several small business grants available. However, applying for grants is time intensive and may result in your firm not receiving the money needed. Finally, explore the small business grant, whichyour business is eligible for.
If small business grants are not a possibility for you, several alternative funding choices are available that fit your budget.

FAQs:

What can a small business grant be used for?

Small business grants are used for a variety of purposes: to establish a business, to stimulate minority entrepreneurship, to support research and development in a particular industry, to bring innovation, and to assist businesses in the domains of science, technology, and health, the list goes on.

How can I get a grant to start a small business?

There are several websites and organizations where you may obtain small company grants, including the following:
  • SBIR.gov
  •  USDA Rural Business Development Grants
  • Small Business Development Centres
  • Grants.gov
  •  National Association for the Self-Employed (NASE)
  •  FedEx Small Business Grant Contest

What distinguishes grants from small business loans?

The primary distinction between small business grants and small business loans is that grants are not returned (with certain circumstances), but loans need to be paid back. In addition, grants are generally reserved for small firms, requiring more time to process and receive the funds.

Spotlight

Smart Construction

Smart Construction delivers property related services including, but not limited to Glass, Doors, Locks, Windows, Conservatories and Garage Doors supply, fit, repair Home Improvements.

OTHER ARTICLES
TECHNOLOGY, SMALL BUSINESS ADVICE

How to Choose the Right Small Business Accounting Software?

Article | July 14, 2022

Introduction With increasing complexities in financial management and migration towards digital technologies for accounting operations, advanced accounting solutions are gaining massive traction across the small business sector. Accounting software assists small businesses in enhancing their financial performance by providing higher accuracy, optimized payroll, automated transaction tracking, centralizing financial records, and others. However, it is crucial for small businesses to integrate the right accounting software as per their requirements to get the most out of the solutions. Since the market is full of numerous accounting solutions with different capabilities, selecting the one that is most suitable for your business can be overwhelming. So what are the factors that a small business owner should consider before looking for an accounting solution? Let’s see below. Select the Right Accounting Software: The Top 5 Primary Factors to Consider for Small Businesses Types of Software With multiple types of accounting software available, such as system software, application software, cloud-based software, and others, small business owners can opt for solutions that suit their operations and working style. If the owners operate in an on-the-go style, cloud-based software is best for them. But if the owners prefer to work from a single location, then the system software is appropriate for them. Learning Curve Until and unless small business owners are aware of the ins and outs of accounting software, using the software may seem complicated. As the high complexity of the solutions can result in costly errors, these owners should make sure that the learning curve for operating the software is not too steep. Features List Before small business owners start reviewing various types of accounting software platforms, they should take the time to brush up on the basics. It is crucial for the owners to make sure that the accounting solution has all the functionalities and features they need, such as inventory management, multi-currency support, payment processing, expense tracking, and others. They should also consider the add-on features that the solution provider can offer. Software Cost Accounting software varies in cost, depending on the number of users it supports, its tools and features, and other factors. The more specialized the software is, the more expensive it gets. Small business owners should compare prices between various accounting software providers and understand the exact amount and the process by which they will be charged. For instance, some of the companies charge standard monthly fees, while others have a single upfront cost with additional charges for add-on services. They should also find out if there are any hidden charges associated with the setup, customer support, and cloud storage. Customer Support A huge part of a reliable accounting solution is customer service. This is because small business owners need quick solutions and answers if they get stuck or have any questions related to the software. They do not want to be bounced around from representative to representative when reaching out for support. Thus, the owners should look for accounting software that offers excellent customer support and service. While selecting the solution, they should research and read customer testimonials about the software’s customer support. Begin Your Accounting the Right Way Efficient accounting is a crucial part of financial management, which involves tracking critical business activities such as accounts receivable and payable, invoicing and billing, bank reconciliation, reporting, and tax compliance, among others. It can be difficult for small businesses to get everything right, yet good accounting is fundamental for the company's growth and success. Choosing the correct accounting software is a crucial first step when getting started with the discipline. To get the most out of your accounting software, it is essential for small businesses to carefully consider their requirements, check the availability of features as per the requirements, and then select the accounting software that provides the capabilities they require for the greatest accounting experience.

Read More
TECHNOLOGY, SMALL BUSINESS ADVICE

How Are Small Business Accounting Software Meeting the Industry Needs Today?

Article | July 16, 2022

Introduction Every business owner wishes to become financially independent when starting a business. To achieve that, it is crucial for the owners to manage their finances in an efficient manner. When done wrong, financial management, which is supposed to make a company's budgeting processes more efficient, has led to the loss of funds in many cases. Without sound financial management, small businesses may struggle to meet their objectives and might even suffer losses that could push them into insolvency. Financial management assists businesses in maximizing their market share, minimizing capital expenditures, maintaining proper cash flow, and improving profits. Accounting software plays a significant role in proper financial management and has become a vital need for all businesses today. With a better understanding of the inefficiencies of manual bookkeeping and the increased chances of error in finance tracking, business owners are increasingly shifting from managing finances manually to leveraging innovative solutions, such as accounting software, to improve their financial management. Why Is Small Business Accounting Software a Need for the Industry Today? In the course of a typical day, there are numerous tasks and responsibilities that must be managed and accomplished by small businesses by the end of the day. From planning to managing finances and accounting, a small business owner's back is full of a plethora of day-to-day tasks. As a result, keeping track of every last detail is nearly impossible for them, especially in accounting, where keeping track of every transaction is critical for managing business operations. Accurate and reliable accounting management is critical for small businesses and start-ups to ensure stable cash flow. As accounting software helps small business owners keep track of every single transaction along with other benefits, such as managing business finances, understanding profitability, and preparing tax statements, among others, it is becoming a necessity for small business financial management. Here are some of the other reasons why small business accounting software is becoming a necessity in the industry. Overcoming Manual Records With the growing number of transactions in the small business sector, it is becoming increasingly difficult for business owners to track and record income and expense data. As accounting software assists these owners to overcome manual work by recording the data directly into the page in real time and keeping a daily update of all the transactions, it is increasingly being sought by small businesses. Ease in Maintaining Transaction Due to the increasing customer inclination towards the adoption of digital payment solutions, small businesses are encountering numerous obstacles in maintaining all transactions from different online portals. Accounting software helps businesses leverage the bank feed feature to connect credit card accounts and the business bank, thereby centralizing and maintaining all transactional data in one place. Preparation of Reports and Financial Statements Keeping track of all small and large transactions and preparing financial statements, such as profit and loss statements and balance sheets, of these transactions manually is a tedious task and prone to errors. Accounting software automates the preparation of these financial statements and allows comparing transaction activity from prior months and years. As a result, it is increasingly gaining acceptance among small business owners. Increases Efficiency Accounting software allows small businesses to manage invoices and expenses, prepare for taxation, and keep tabs on all the financials, including payments, bad debts, upcoming dues, employee salaries, and others. Delegating all these financial management responsibilities to accounting software enables small business owners to focus on tasks that require their undivided attention, thereby boosting business efficiency. Bottom Line Regardless of the size of the business, every company strives to optimize its financial management, improve efficiencies, minimize costs, and simplify complex and tedious tasks. Accounting software can help small business owners achieve these objectives, along with eliminating time-consuming manual processes and redundancies, by automating accounting practices. Following this, the growing introduction of advanced cloud-based accounting software capable of providing real-time data access to business owners from anywhere at any time and on any device is expected to change the ways accounting is done in the small business industry in the coming years.

Read More
SMALL BUSINESS ADVICE

5 Tax-Related Resolutions for Smarter Small Business Accounting in 2020

Article | August 24, 2022

Accountants working with small businesses often play the role of business advisors, especially when it comes to educating their clients about tax regulations and reducing their tax bill by taking all legitimate factors into account. We’ve gathered four tips that accounting professionals can use as a check-list to give to their small and mid-size business owner clients looking to make better financial decisions this year.

Read More

7 BIGGEST ENTREPRENEURIAL MISTAKES

Article | February 11, 2020

This is the first post in a seven-part-series detailing the biggest entrepreneurial mistakes business owners make. The series will run over the next few weeks so check back to learn more. These are the 7 Biggest Mistakes I have seen entrepreneurs and companies make that can devalue their Intellectual Property (“IP”) portfolio, damage their brand, or sink a deal. If you are considering turning your idea into a business, read this carefully first. There are other mistakes you can make, but these are the deal-breakers. Any one of these can cost you big bucks, credibility in the eyes of investors and potential partners, and ultimately lead to evaporation of the value of your idea.

Read More

Spotlight

Smart Construction

Smart Construction delivers property related services including, but not limited to Glass, Doors, Locks, Windows, Conservatories and Garage Doors supply, fit, repair Home Improvements.

Related News

SMALL BUSINESS ADVICE

First West Credit Union Expands Relationship with Fiserv to Bring Clover to More Small Businesses Across British Columbia

Fiserv | November 21, 2022

First West Credit Union (FWCU), a British Columbia-based credit union with $16.9 billion in total assets under administration, and Fiserv, a leading global provider of payments and financial services technology solutions, announced an expanded relationship that will make the Clover® point-of-sale and business management system from Fiserv available to all FWCU business banking customers in Canada. Clover is a market-leading point-of-sale (POS) platform processing more than USD $230 billion in annualized payment volume globally. Designed to be a complete business management platform enabling small businesses to maximize their operating efficiencies and grow, Clover offers business owners in Canada a modern approach to managing their business operations, including smart, flexible POS hardware, intuitive software and a robust set of tools to accept payments and manage operations. With 46 branches and more than 250,000 members, FWCU brands include Envision Financial, Valley First, Island Savings and Enderby & District Financial. Envision Financial began offering Clover in 2019; the expanded relationship with Fiserv will make Clover available to Valley First, Island Savings and Enderby & District members for the first time. Our small business members need technology that can help them engage customers, simplify day-to-day tasks, and support their ongoing growth we’re thrilled to offer this value to them,” Paul Brodeur, Chief Strategy & Market Growth Officer at First West Credit Union. “This partnership is another example of how we can bring the best of both worlds to the business banking experience leveraging our size and scale to provide world-class products and services to our members combined with a localized, member-centric approach through our trusted brands. “Through Clover, we’re enabling Canadian businesses to serve their customers with flexible payment capabilities in store and online, while also providing access to simple solutions that help streamline back-office tasks so they can spend more time running their business,” Our expanded relationship with FWCU will allow more businesses in British Columbia to manage their operations efficiently, while creating better experiences for their customers.” Brian Green, Country Head, Canada at Fiserv. First introduced to the Canadian market in 2019, Clover adoption has grown rapidly across the region thanks to its ability to help small business owners like Brock Tilling, a member of Envision Financial that uses Clover at his rock climbing gyms in Abbotsford, Cloverdale, and Chilliwack. First West Credit Union’s customer care and service has been incredible, including how they connected us to Clover to improve our small business operations,” said Tilling, owner and operator of the Project Climbing Centre. “From support teams taking the time to understand and address our needs, to the slick technology which helps us simplify day-to-day tasks, Clover gives us the technology we need to keep customers engaged and our business running smoothly. About First West Credit Union First West Credit Union offers members the financial strength, comprehensive product selection and extended branch network of a large financial institution while maintaining local brand identities and a unique grassroots approach to service. Led by Launi Skinner, First West is British Columbia’s third-largest credit union with nearly $16.9 billion in total assets and assets under administration, more than 250,000 members and approximately 1,250 employees. It operates 46 branches throughout the province under the Envision Financial, Valley First, Island Savings and Enderby & District Financial brands. Visit firstwestcu.ca for more information on First West Credit Union. About Fiserv Fiserv, Inc. aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index, the FORTUNE® 500, and has been recognized as one of FORTUNE World’s Most Admired Companies® for 11 of the past 14 years and named among the World’s Most Innovative Companies by Fast Company for two consecutive years. Visit fiserv.com and follow on social media for more information and the latest company news.

Read More

MANAGEMENT

Awesome Motive Announces Thrive Themes Growth Tool Suite Acquisition

Awesome Motive, Inc | January 24, 2023

On January 23, 2023, Awesome Motive, a software and media enterprise with over 21 million websites employing their software, announced the acquisition of Thrive Themes, the company creating powerful small business growth tools for WordPress. Thrive Themes' growth tool suite is used by over 200,000 website owners to quickly build high-converting websites that result in more email subscribers, revenue generation, and satisfied customers. The acquisition of Thrive Themes further solidifies Awesome Motive's position in the WordPress and online marketing space as it continues to deliver innovative solutions that assist small businesses in growing and competing with larger corporations. Syed Balkhi, CEO of Awesome Motive, shared, "Easy to use online marketing tools that deliver results is essential for small business success, especially in today's economic environment." He added, "Thrive is a well-known and respected brand that has a long-history of helping businesses improve their online marketing efforts. We are excited to welcome them to the Awesome Motive family, so we can help more of our customers create thriving online businesses." (Source – PR Newswire) Other solutions by Awesome Motive that help small businesses develop their online presence include WPForms, OptinMonster, AIOSEO, and MonsterInsights. In addition, customers can get even better results with a potent mix of growth tools in the Thrive Themes suite. About Awesome Motive Florida-based Awesome Motive is a software development company offering tools and training that help small businesses grow and compete with large enterprises. It has developed popular tools such as OptinMonster, WPBeginner, WPForms, MonsterInsights, SeedProd, All In One SEO, PushEngage and Smash Balloon, among others. With more than 20 million websites using Awesome Motive's solutions, the company is considered an innovator in the industry. It aims to help its customers stay ahead of the curve and gain a competitive advantage.

Read More

SMALL BUSINESS ADVICE

Synergita Introduces OKR for Small and Medium-Sized Businesses

Synergita | January 05, 2023

Synergita Software, a developer of Synergita Perform, has recently announced the release of objectives and key results (OKR) software for Small and Medium-Sized Businesses (SMEs). Synergita's OKR solution is positioned as a growth enabler for SMEs that struggle to convert strategies into action plans, particularly in post-pandemic environments. Hybrid workforces, quiet departing, and headwinds have compelled businesses to review their approach for developing a purpose-driven workplace culture and aligning their workforce. The OKR platform is a breath of fresh air, as it promises to align strategy, people, and outcomes. Synergita's OKR is a great option for small and medium-sized businesses to establish goals, align OKRs, and monitor progress with trajectory reports, single sign-on, and notifications. Synergita commenced the advertising campaign by publishing their product on Product Hunt. Additionally, companies and business leaders can sign up for a free trial of the software to try it out. About Synergita Software Founded in 2014, Synergita Software is an award-winning provider of continuous employee performance management and OKR software helping organizations to track and monitor employee's performance through periodic feedback and employee engagement development. The company has assisted small and medium-sized businesses boost productivity, morale, and profitability by enhancing workplace conditions. Synergita currently works with over 180 clients all around the world. Synergita is set to grow as the Small and Medium Enterprises (SME) preferred choice.

Read More

SMALL BUSINESS ADVICE

First West Credit Union Expands Relationship with Fiserv to Bring Clover to More Small Businesses Across British Columbia

Fiserv | November 21, 2022

First West Credit Union (FWCU), a British Columbia-based credit union with $16.9 billion in total assets under administration, and Fiserv, a leading global provider of payments and financial services technology solutions, announced an expanded relationship that will make the Clover® point-of-sale and business management system from Fiserv available to all FWCU business banking customers in Canada. Clover is a market-leading point-of-sale (POS) platform processing more than USD $230 billion in annualized payment volume globally. Designed to be a complete business management platform enabling small businesses to maximize their operating efficiencies and grow, Clover offers business owners in Canada a modern approach to managing their business operations, including smart, flexible POS hardware, intuitive software and a robust set of tools to accept payments and manage operations. With 46 branches and more than 250,000 members, FWCU brands include Envision Financial, Valley First, Island Savings and Enderby & District Financial. Envision Financial began offering Clover in 2019; the expanded relationship with Fiserv will make Clover available to Valley First, Island Savings and Enderby & District members for the first time. Our small business members need technology that can help them engage customers, simplify day-to-day tasks, and support their ongoing growth we’re thrilled to offer this value to them,” Paul Brodeur, Chief Strategy & Market Growth Officer at First West Credit Union. “This partnership is another example of how we can bring the best of both worlds to the business banking experience leveraging our size and scale to provide world-class products and services to our members combined with a localized, member-centric approach through our trusted brands. “Through Clover, we’re enabling Canadian businesses to serve their customers with flexible payment capabilities in store and online, while also providing access to simple solutions that help streamline back-office tasks so they can spend more time running their business,” Our expanded relationship with FWCU will allow more businesses in British Columbia to manage their operations efficiently, while creating better experiences for their customers.” Brian Green, Country Head, Canada at Fiserv. First introduced to the Canadian market in 2019, Clover adoption has grown rapidly across the region thanks to its ability to help small business owners like Brock Tilling, a member of Envision Financial that uses Clover at his rock climbing gyms in Abbotsford, Cloverdale, and Chilliwack. First West Credit Union’s customer care and service has been incredible, including how they connected us to Clover to improve our small business operations,” said Tilling, owner and operator of the Project Climbing Centre. “From support teams taking the time to understand and address our needs, to the slick technology which helps us simplify day-to-day tasks, Clover gives us the technology we need to keep customers engaged and our business running smoothly. About First West Credit Union First West Credit Union offers members the financial strength, comprehensive product selection and extended branch network of a large financial institution while maintaining local brand identities and a unique grassroots approach to service. Led by Launi Skinner, First West is British Columbia’s third-largest credit union with nearly $16.9 billion in total assets and assets under administration, more than 250,000 members and approximately 1,250 employees. It operates 46 branches throughout the province under the Envision Financial, Valley First, Island Savings and Enderby & District Financial brands. Visit firstwestcu.ca for more information on First West Credit Union. About Fiserv Fiserv, Inc. aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index, the FORTUNE® 500, and has been recognized as one of FORTUNE World’s Most Admired Companies® for 11 of the past 14 years and named among the World’s Most Innovative Companies by Fast Company for two consecutive years. Visit fiserv.com and follow on social media for more information and the latest company news.

Read More

MANAGEMENT

Awesome Motive Announces Thrive Themes Growth Tool Suite Acquisition

Awesome Motive, Inc | January 24, 2023

On January 23, 2023, Awesome Motive, a software and media enterprise with over 21 million websites employing their software, announced the acquisition of Thrive Themes, the company creating powerful small business growth tools for WordPress. Thrive Themes' growth tool suite is used by over 200,000 website owners to quickly build high-converting websites that result in more email subscribers, revenue generation, and satisfied customers. The acquisition of Thrive Themes further solidifies Awesome Motive's position in the WordPress and online marketing space as it continues to deliver innovative solutions that assist small businesses in growing and competing with larger corporations. Syed Balkhi, CEO of Awesome Motive, shared, "Easy to use online marketing tools that deliver results is essential for small business success, especially in today's economic environment." He added, "Thrive is a well-known and respected brand that has a long-history of helping businesses improve their online marketing efforts. We are excited to welcome them to the Awesome Motive family, so we can help more of our customers create thriving online businesses." (Source – PR Newswire) Other solutions by Awesome Motive that help small businesses develop their online presence include WPForms, OptinMonster, AIOSEO, and MonsterInsights. In addition, customers can get even better results with a potent mix of growth tools in the Thrive Themes suite. About Awesome Motive Florida-based Awesome Motive is a software development company offering tools and training that help small businesses grow and compete with large enterprises. It has developed popular tools such as OptinMonster, WPBeginner, WPForms, MonsterInsights, SeedProd, All In One SEO, PushEngage and Smash Balloon, among others. With more than 20 million websites using Awesome Motive's solutions, the company is considered an innovator in the industry. It aims to help its customers stay ahead of the curve and gain a competitive advantage.

Read More

SMALL BUSINESS ADVICE

Synergita Introduces OKR for Small and Medium-Sized Businesses

Synergita | January 05, 2023

Synergita Software, a developer of Synergita Perform, has recently announced the release of objectives and key results (OKR) software for Small and Medium-Sized Businesses (SMEs). Synergita's OKR solution is positioned as a growth enabler for SMEs that struggle to convert strategies into action plans, particularly in post-pandemic environments. Hybrid workforces, quiet departing, and headwinds have compelled businesses to review their approach for developing a purpose-driven workplace culture and aligning their workforce. The OKR platform is a breath of fresh air, as it promises to align strategy, people, and outcomes. Synergita's OKR is a great option for small and medium-sized businesses to establish goals, align OKRs, and monitor progress with trajectory reports, single sign-on, and notifications. Synergita commenced the advertising campaign by publishing their product on Product Hunt. Additionally, companies and business leaders can sign up for a free trial of the software to try it out. About Synergita Software Founded in 2014, Synergita Software is an award-winning provider of continuous employee performance management and OKR software helping organizations to track and monitor employee's performance through periodic feedback and employee engagement development. The company has assisted small and medium-sized businesses boost productivity, morale, and profitability by enhancing workplace conditions. Synergita currently works with over 180 clients all around the world. Synergita is set to grow as the Small and Medium Enterprises (SME) preferred choice.

Read More

Events