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LOWE'S INCREASES ITS SMALL BUSINESS GRANTS TO $55M, PLEDGES ANOTHER $25M FOR RURAL COMMUNITIES

Lowe's Companies, Inc. | July 17, 2020

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In response to the overwhelming need to help support small businesses across the country, Lowe's Companies, Inc. is announcing it is increasing its minority small business grants from $25 million to $30 million while donating an additional $25 million to its small business grant program with the Local Initiatives Support Corporation (LISC), doubling the amount already committed. The additional funds will focus on rural communities, which have been hard hit by the pandemic. The total $55 mill...

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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...

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INDUSTRY OUTLOOK

PILLAR LAUNCHES ECONOMIC RECOVERY EFFORT FOR RAINIER VALLEY SMALL BUSINESSES

Pillar | February 11, 2022

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Pillar launched an inaugural round of grantees and an open call for applications in Rainier Valley. In partnership with local community-based organizations, the initiative directs philanthropic dollars to independently owned businesses providing vital jobs, goods, and services. Pillar develops its grantmaking method by identifying and partnering with reputable local groups. Global Majority Consortium (GMC) co-led early community engagement and recipient selection in Rainier Valley...

Read More

MANAGEMENT

STYLE AI LAUNCHES SUITE OF AI ASSISTANTS TO HELP SMALL BUSINESS GET MORE CUSTOMERS DIGITALLY

Businesswire | May 19, 2023

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Style AI, the cutting-edge, Series A startup from the Bay Area, is on a mission to empower small to medium-sized businesses with a comprehensive suite of AI assistants. Today, Style AI proudly announces the much-anticipated launch of their second AI assistant, "Seona," a true game-changer in the world of search engine optimization (SEO). Seona, powered by advanced machine learning models and AI built out of UC Berkeley, revolutionizes SEO optimization for websites. Wit...

Read More
news image

LOWE'S INCREASES ITS SMALL BUSINESS GRANTS TO $55M, PLEDGES ANOTHER $25M FOR RURAL COMMUNITIES

Lowe's Companies, Inc. | July 17, 2020

In response to the overwhelming need to help support small businesses across the country, Lowe's Companies, Inc. is announcing it is increasing its minority small business grants from $25 million to $30 million while donating an additional $25 million to its small business grant program with the Local Initiatives Support Corporation (LISC), doubling the amount already committed. The additional funds will focus on rural communities, which have been hard hit by the pandemic. The total $55 mill...

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

INDUSTRY OUTLOOK

PILLAR LAUNCHES ECONOMIC RECOVERY EFFORT FOR RAINIER VALLEY SMALL BUSINESSES

Pillar | February 11, 2022

Pillar launched an inaugural round of grantees and an open call for applications in Rainier Valley. In partnership with local community-based organizations, the initiative directs philanthropic dollars to independently owned businesses providing vital jobs, goods, and services. Pillar develops its grantmaking method by identifying and partnering with reputable local groups. Global Majority Consortium (GMC) co-led early community engagement and recipient selection in Rainier Valley...

Read More
news image

MANAGEMENT

STYLE AI LAUNCHES SUITE OF AI ASSISTANTS TO HELP SMALL BUSINESS GET MORE CUSTOMERS DIGITALLY

Businesswire | May 19, 2023

Style AI, the cutting-edge, Series A startup from the Bay Area, is on a mission to empower small to medium-sized businesses with a comprehensive suite of AI assistants. Today, Style AI proudly announces the much-anticipated launch of their second AI assistant, "Seona," a true game-changer in the world of search engine optimization (SEO). Seona, powered by advanced machine learning models and AI built out of UC Berkeley, revolutionizes SEO optimization for websites. Wit...

Read More