Comerica Bank and National Business League Announce $1 Million Commitment to Support Black-Owned Small Businesses

Comerica Bank | June 22, 2020

Comerica Bank today announced its $1 million commitment over four years to the National Business League as part of a national partnership that will launch the Black Capital Access Program (BCAP), an access to capital initiative to assist Black businesses across the country. This innovative small business program is set to pilot over the next three months and will reach Comerica's five primary markets of Arizona, California, Florida, Michigan and Texas. The program will become available in all 50 states in 2021. A one-stop online platform for Black-owned businesses, BCAP will offer access to a capital toolkit, wide variety of technical services, financial planning information, webinars and more.

Spotlight

You don't need a massive budget or a major brand name to effectively market your company online. In this video, Entrepreneur Network partner Neil Patel explains how to make sure your business is visible on the web. He starts by explaining how to get your business on the local pack list on Google you can see a picture in the video for more information and how you can rank higher on Google search results.


Other News
FINANCE

HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally

Overhaul | March 25, 2022

Overhaul, the industry's first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, today announced that HSBC Bank USA has provided financing to support innovation and growth ambitions into new, global markets. As Overhaul continues to expand within the supply chain space, the company was drawn to HSBC's global reach and the launch of HSBC Ventures, a new US-based business that provides flexible capital to growth-oriented businesses, as well as those who are developing climate tech solutions and supporting a net-zero global economy. "HSBC has a proven track record in supporting today's wider fintech landscape, making them the perfect partner to leverage as we set our sights on additional markets worldwide. We're looking forward to further building on this partnership with HSBC." David Broe, COO of Overhaul "We are excited to provide transformative support and help Overhaul further scale their operations around the world," said Martin Richards, President of HSBC Ventures and Global Head of Sustainable Finance – Commercial Banking. As global supply chains continue to be at the forefront of today's conversations, HSBC's vast experience will provide valuable insight and strategies for future Overhaul operations. Speaking about the announcement, Alan Duffy, CEO and Head of Banking HSBC Ireland commented, "HSBC Ireland is delighted to have played a key role in this funding. It is an exciting deal from a local perspective, supporting a client with strong Irish roots and a growing business here in Ireland in their global ambitions." About Overhaul Founded in 2016 and headquartered in Austin, Texas, Overhaul is the industry's first and only holistic, end-to-end solution that optimizes supply-chain visibility, integrity, and security for global enterprises. Its software-based approach offers high configurability and efficient time-to-value to supply-chain organizations without heavy tech. Additionally, Overhaul's logistics-experts team partners with each client to create a fully customized and comprehensive solution for the entire supply chain. As such, Overhaul has quickly grown to be a trusted provider for Fortune 100 companies moving freight globally across industries, such as pharmaceutical and healthcare, technology, logistics, and food and beverage. Customers include Microsoft, Bristol Myers Squibb, Gordon Food Service, and many others. For more information, visit over-haul.com and the Overhaul Blog, and follow them on LinkedIn, Twitter, and Facebook. About HSBC HSBC North America Holdings Inc. is the holding company for HSBC Holdings plc's operations in the United States. The company's businesses serve customers in the following key areas: wealth and personal banking, commercial banking, private banking, and global banking and markets. HSBC Bank USA, National Association (HSBC Bank USA, N.A.) serves customers through wealth, personal banking, commercial banking, private banking, and global banking and markets segments. As of the close of business on December 31, 2021 it operated bank branches in: California; Washington, D.C.; Florida; New Jersey; New York, Virginia; and Washington. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. In the United States, deposit products are offered by HSBC Bank USA, N.A., Member FDIC, investment and brokerage services are provided through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and insurance products are provided through HSBC Insurance Agency (USA) Inc. HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments. HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc. HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,958bn at 31 December 2021, HSBC is one of the world's largest banking and financial services organisations.

Read More

BUSINESS STRATEGY

Xero gives US small businesses a chance to win a $15,000 office makeover by renowned interior designer Estee Stanley

Xero | January 15, 2022

Xero, the global small business platform, today announced the "Xero Beautiful Business" Contest, giving US small business owners the chance to win a $15,000 office refresh by celebrated stylist and interior designer Estee Stanley.To help kick off 2022, Xero will award one small business with an office makeover, providing them with a fresh workspace that can help motivate and inspire. "Our mission is to make lives better for small businesses and their communities," said Ben Richmond, US Country Manager at Xero. "It's been a challenging few years, and we're thrilled to team with Estee to help a small business jump start the year on a bright note." There are two ways small business owners, or employees of a small business with 50 employees or less, can enter the online contest: Instagram: Snap a photo or video of your office and post to your Instagram feed, along with the hashtag #XeroBeautifulBusiness, and a caption describing why your office deserves a makeover. Please make sure your profile is public so your entry can be tracked. E-mail: If Instagram isn't your forte, you can email your submission to XeroBeautifulBusiness@xero.com. To qualify, you must include a photo or video of your office and a description of why your office deserves a makeover. The winner will receive a 30-minute virtual design consultation with Estee Stanley, a design recommendation, and a $15,000 design budget courtesy of Xero to complete the space facelift. "I'm thrilled to partner with Xero on this fun project to help transform a deserving company's office. I look forward to seeing all the creative entries and working with the winner to create their dream workspace that's not only functional, but stylish and inspirational." Estee Stanley Entries will be reviewed by a panel of Xero employees and judged based on the most compelling story, creativity of entry, and need. The contest is open until 5:00 pm MST on February 15, 2022, and the winner will be notified on or around February 25, 2022, by a direct or private message using the method of entry by which the entry is received by Xero. See official contest rules and regulations here.* *No purchase necessary to enter or win. Void where prohibited or restricted by law. About Xero Xero is a cloud-based accounting software platform for small businesses with over 3 million subscribers globally. Through Xero, small business owners and their advisors have access to real-time financial data anytime, anywhere and on any device. Xero offers an ecosystem of over 1,000 third-party apps and 300 plus connections to banks and other financial partners. In 2021, Xero was included in the Dow Jones Sustainability Index (DJSI), powered by the S&P Global Corporate Sustainability Assessment. In 2020 and 2021, Xero was included in the Bloomberg Gender-Equality Index and in 2020, Xero was recognized by IDC MarketScape as a leader in its worldwide SaaS and cloud-enabled small business finance and accounting applications vendor assessment. About Estee Stanley For over 20 years as a celebrated fashion stylist, Estee Stanley created some of the most stylish looks in Hollywood and around the world, counting A-List fashion icons as her clients. In recent years, Estee has become as well known for her interiors, having designed homes for Patrick Dempsey, Chris Evans, Ellen Pompeo, Justin Timberlake and wife Jessica Biel, and Mary-Kate and Ashley Olsen. Estee's work in the commercial space includes chef Ludo Lefebvre's Petit Trois restaurant and Estee's own family-friendly restaurant Au Fudge. In 2020, Estee founded The Eye, a first-of-its-kind agency that is disrupting the traditional business model within the interior design and architecture industries. Founded in 2020, The Eye recognizes the opportunity for rising voices of interior designers and architects to build strong brands around their expanding profiles and manage them as individual talent.

Read More

TECHNOLOGY

Norma: Turkey’s First Neobank for Freelancers, Sole-Traders, and Micro-SMBs Launches Platform to Help Manage their Business and Finances

Norma | June 24, 2022

Norma, an all-in-one banking, accounting, and business services platform, has seen interest from members early on with more than 2000 small business pre-registrations for its services. Norma moved from its closed beta to public launch in Turkey and is quickly onboarding small businesses on its list while also acquiring new members. Norma wants to onboard thousands of small businesses in the country before the year end and collect feedback from them to release new features to enhance and automate their financial experience. Norma completed two successful fundraising rounds within the span of one year; a $350k pre-seed round from various angel investors in Turkey and a seed round of $1,8m led by Global Founders Capital, and joined by MSA Novo, Finberg, D4 Ventures. The founder Hakan Gonca, a seasoned executive in the Fintech space, is excited about the product release and explains why Turkey is the right place to launch, emphasizing on the crucial role Norma will play in the lives of SMBs and freelancers. Norma wants to build an internationally impactful company, while partnering with globally recognized brands and bringing customer-oriented solutions for small businesses to increase their visibility in the banking system, and to support their financial efficiency. “All around the world, banking is focused on individual users and the needs of large companies, while ignoring small businesses that need these products the most. Moreover, the products offered to these businesses come with no advantages in terms of segmentation or pricing. Norma offers a next-generation experience by focusing on the needs of these businesses while creating a community where members can learn from each other as well. Norma distinguishes itself from the traditional banking approach by combining all company finance and accounting information on a single platform, while expanding the scope of banking services offered to these businesses. The interest international investors has given us even further assurance that we will make a great deal of difference in banking for small businesses with our customer-oriented vision. Norma is keen to become a multi-regional player and grow both in Turkey and new markets.”

Read More

TECHNOLOGY

Allot and Singtel Partner to offer Cybersecurity Services to Singtel’s Small and Medium Business Customers

Allot Ltd. | May 24, 2022

Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers and enterprises, announced today that it is partnering with Singtel to offer cybersecurity services to Singtel’s Small and Medium Sized Business (SMB) customers. Allot NetworkSecure is a network-based solution, offering zero-touch, clientless operation, requiring no application installation by the end customer. With NetworkSecure, CSPs can offer their customers protection from cybersecurity threats, including malware, viruses, phishing and ransomware and can enable customers to block inappropriate categories of web content for their employees. An easy-to-use interface provides branded alerts and reporting that help strengthen brand loyalty. NetworkSecure provides subscribers with a unified user experience on all devices for cybersecurity and content filtering, including configuration, reporting and alarm management. NetworkSecure makes it possible for customers to benefit from cybersecurity services with no IT expertise required. NetworkSecure can easily scale to millions of subscribers, making it an ideal solution for large and growing networks. “Our CSP customers around the world understand the cybersecurity needs of SMBs to keep their businesses running smoothly We are very pleased to have Singtel as our strategic partner.” -Weiming Li, VP Sales APAC for Allot About Allot Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-based security as a service solution is already used by over 20 million subscribers Globally.

Read More

Spotlight

You don't need a massive budget or a major brand name to effectively market your company online. In this video, Entrepreneur Network partner Neil Patel explains how to make sure your business is visible on the web. He starts by explaining how to get your business on the local pack list on Google you can see a picture in the video for more information and how you can rank higher on Google search results.

Resources