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SMALL PERCENTAGE OF BUSINESS HAVE GONE CASHLESS, STUDY SUGGESTS

Toronto Sun | January 14, 2020

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Paying for goods and services with plastic seems to be the most convenient thing to do nowadays, but only 5% of small business have stopped taking cash, according to a Bank of Canada study. The study, entitled Merchant Acceptance Survey, noted futuristic forecasts of a cashless world seem to be overblown. “We estimate that only 5% of merchants currently do not accept cash, and an additional 8% plan to stop accepting cash within the next five years,” the study stated, as reported by B...

Read More

Management

PROSPERA ANNOUNCED RECEIVING FUNDING FOR PROCUREMENT READINESS PROGRAM

Prospera USA | February 14, 2023

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On February 13, 2023, Prospera, a non-profit economic development organization, announced receiving its first grant from a non-profit organization, The Rockefeller Foundation, to offer procurement-focused training and technical help to small, Hispanic-owned businesses in the Miami and Atlanta metro areas. Grant-funded educational programs will focus on a variety of procurement-related matters, including bidding processes and resources, minority certifications, and access to capi...

Read More

Finance

BCL OF TEXAS LAUNCHES DALLAS SMALL BUSINESS DIVERSITY FUND WITH $1 MILLION INVESTMENT FROM COMERICA BANK

Comerica Bank | September 05, 2022

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Community Development Financial Institution (CDFI) BCL of Texas announced today that it will offer loans ranging from $10,000-$75,000 to traditionally underserved businesses. The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation."We know that many minority businesses are often self-funded due to lack of access to capital, and a key component of our m...

Read More

Business Strategy

YELP ANNOUNCES “MAKE IT HAPPEN DAY” TO GALVANIZE TEXANS TO MAKE REPAIRS TO THEIR HOMES AND BUSINESSES

Small Business News | August 23, 2021

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Yelp is declaring August 26 “Make It Happen Day” in Texas, in response to the challenging year small businesses and residents endured due to the ongoing impacts of COVID-19, Winter Storm Uri, and severe weather. A $100,000 Make It Happen Day Fund has been established to help small businesses and consumers across Texas make much-needed repairs. The fund will go towards covering the cost of improvement projects for select small businesses across Texas, including community-serving nonpr...

Read More
news image

SMALL PERCENTAGE OF BUSINESS HAVE GONE CASHLESS, STUDY SUGGESTS

Toronto Sun | January 14, 2020

Paying for goods and services with plastic seems to be the most convenient thing to do nowadays, but only 5% of small business have stopped taking cash, according to a Bank of Canada study. The study, entitled Merchant Acceptance Survey, noted futuristic forecasts of a cashless world seem to be overblown. “We estimate that only 5% of merchants currently do not accept cash, and an additional 8% plan to stop accepting cash within the next five years,” the study stated, as reported by B...

Read More
news image

Management

PROSPERA ANNOUNCED RECEIVING FUNDING FOR PROCUREMENT READINESS PROGRAM

Prospera USA | February 14, 2023

On February 13, 2023, Prospera, a non-profit economic development organization, announced receiving its first grant from a non-profit organization, The Rockefeller Foundation, to offer procurement-focused training and technical help to small, Hispanic-owned businesses in the Miami and Atlanta metro areas. Grant-funded educational programs will focus on a variety of procurement-related matters, including bidding processes and resources, minority certifications, and access to capi...

Read More
news image

Finance

BCL OF TEXAS LAUNCHES DALLAS SMALL BUSINESS DIVERSITY FUND WITH $1 MILLION INVESTMENT FROM COMERICA BANK

Comerica Bank | September 05, 2022

Community Development Financial Institution (CDFI) BCL of Texas announced today that it will offer loans ranging from $10,000-$75,000 to traditionally underserved businesses. The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation."We know that many minority businesses are often self-funded due to lack of access to capital, and a key component of our m...

Read More
news image

Business Strategy

YELP ANNOUNCES “MAKE IT HAPPEN DAY” TO GALVANIZE TEXANS TO MAKE REPAIRS TO THEIR HOMES AND BUSINESSES

Small Business News | August 23, 2021

Yelp is declaring August 26 “Make It Happen Day” in Texas, in response to the challenging year small businesses and residents endured due to the ongoing impacts of COVID-19, Winter Storm Uri, and severe weather. A $100,000 Make It Happen Day Fund has been established to help small businesses and consumers across Texas make much-needed repairs. The fund will go towards covering the cost of improvement projects for select small businesses across Texas, including community-serving nonpr...

Read More