Amazon to grant $5 million to small businesses near its headquarters struggling due to coronavirus

The Seattle Times | March 11, 2020

Amazon executives approved a $5 million fund to support small businesses around its Seattle headquarters struggling with a dramatic slowdown since the company instructed its employees to work from home if they could. The company will provide cash grants to businesses with fewer than 50 employees or less than $7 million in annual revenue that serve the public, rely on foot traffic, and have a physical presence “within a few blocks of our Regrade and South Lake Union office buildings,” Amazon vice president of global real estate and facilities John Schoettler said in a message on the company’s blog.

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Cloudways Launches Black Friday Offers and a New Pricing Tool to Help Small Businesses

Cloudways | November 15, 2022

Cloudways, the multi-cloud managed hosting platform and subsidiary of DigitalOcean, announces the launch of its Web Hosting Savings Calculator for small businesses. As companies prepare for the holiday online shopping blitz and look ahead to 2023, the new tool aims to help small businesses to calculate their expenditures, stay on top of their finances, and more easily evaluate the costs involved in embracing cloud hosting technology Rising costs and inflation have presented formidable obstacles to the growth of small businesses and freelancers in 2022 and are predicted to continue their upward trend in 2023. With a shift from brick-and-mortar transactions toward e-commerce purchasing, many companies that depend on web traffic are seeking cost-effective ways to optimize the speed, reliability and security of their online businesses and keep their expenses in check. The Web Hosting Savings Calculator allows businesses to input details about their website and traffic and receive a comparison of hosting plans across a variety of companies. Beginning November 14th, in advance of Black Friday/Cyber Monday, Cloudways is also helping small businesses cut costs at a crucial time by offering special pricing for their core web hosting products offering 40% off for 4 months and up to 30 free migrations. Cloudways champions small businesses, offering flexible and easy-to-use services that make it straightforward for a business to build a modern online presence. “We recognize that small businesses are hurting from rising costs due to inflation and the wider economic conditions, Cloudways is proud to offer a service that lets small businesses quickly and affordably build a modern, secure, high performing digital presence. With the launch of the Web Hosting Savings Calculator and our Black Friday offers, we hope we can contribute a little bit to helping the bottom line of small businesses around the world.” Aaqib Gadit, SVP, General Manager of Cloudways. About Cloudways Founded in 2012, Cloudways, a DigitalOcean company, is an intuitive, one-click managed cloud hosting platform that hosts over 100,000 servers globally. G2’s Best Managed Hosting Provider for 2021, the platform lets users host WordPress and WooCommerce websites on top of a variety of cloud-hosting providers, including DigitalOcean, Google Cloud, Amazon Web Services, Vultr, and Linode. The platform features a web app management function that easily launches cloud servers for the deployment of WordPress, Magento, and PHP. About DigitalOcean DigitalOcean simplifies cloud computing so developers and businesses can spend more time building software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers, startups and small and medium-sized businesses (SMBs) rapidly build, deploy and scale applications to accelerate innovation and increase productivity and agility. DigitalOcean combines the power of simplicity, community, open source and customer support so customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth.

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BUSINESS STRATEGY

Self Esteem Brands Unveils Partnership, Incentive Program to Increase Franchise Ownership with Minority Small Business Owners

Self Esteem Brands, LLC | November 14, 2022

Self Esteem Brands (SEB), the parent company of Anytime Fitness, Basecamp Fitness, The Bar Method, Stronger U and Waxing the City, today announced a partnership with The J3 Collaboration Project (J3) and a new diversity franchise incentive program to make franchising opportunities more attractive and accessible for black, indigenous and people of color (BIPOC) in communities across the U.S. The J3 partnership and incentive program are key elements of Self Esteem Brands' social impact strategy: With more than 5,000 gyms and studios worldwide, the company is on a mission to enrich the health, wealth and wellbeing of people and communities around the world. Both underscore a commitment to that mission by directly improving Diversity, Equity, and Inclusion (DEI) across its U.S. franchise network of fitness and wellness brands. 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Above and beyond the Self Esteem Brands diversity incentive program, J3 and Self Esteem Brands are actively working to develop additional financing opportunities for prospective business owners from underrepresented communities. For example, J3 is currently working with AltCap, a community development financial institution (CDFI) that helps support underserved communities with financing, to help fund and provide technical assistance to minority entrepreneurs interested in franchising with Self Esteem Brands. As champions of diversity focused on improving our underserved communities, Self Esteem Brands is an ideal partner for us," said Jack Wilson, franchise and independent business broker and co-founder of The J3 Collaboration Project. "Through our partnership, we hope to make the dream of minority business ownership a reality. 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FINANCE

CENTURY CALIFORNIA FUND TO FINANCE PCR BUSINESS FINANCE'S SMALL BUSINESS PROGRAM

Century California Fund | October 28, 2022

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