COVID19

COVID-19 relief available for small businesses in Richland Co.

COLUMBIA, S.C. (WIS) – Richland County businesses impacted by the COVID-19 pandemic have a new opportunity to receive financial assistance.

The COVID-19 Small Business Relief Grant program can offer up to $15,000 in reimbursable expenses around Richland County.

The program will be managed by Richland County’s Office of Small Business Opportunity and Community Planning.

“OSBO is very excited about the opportunity to offer financial assistance to small businesses that were affected by COVID-19,” OSBO manager Erica Wade said.

Wade says the OSBO thrives on sustainability and capacity building, and this is an advantage to obtain both.

The application and guidelines are available online: https://richlandcountysc.gov/cv19grant.

The U.S. Department of Housing and Urban Development allocated $300,000 for the grant.

Businesses in Richland County with 50 or fewer employees that demonstrate revenue loss because of COVID-19 can qualify for the assistance.

Businesses must also have been in operation a year before March

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As COVID-19 recedes, a tide of new U.S. businesses rolls in

A record number of new businesses are being created in the U.S. as the COVID-19 pandemic wanes and the economy reopens. The pace of applications for new businesses from the second half of 2020 through May 2021 marks the greatest on record dating back to 2004, according to a recent report from the National Bureau of Economic Research. 

Many of the new businesses were concentrated in the non-store retail sector, which includes e-commerce, truck transportation, and accommodation and food services. 

New business applications declined early in the pandemic but rebounded by summer of 2020. John Haltiwanger, a professor of economics at the University of Maryland and the author of the report, attributes that surge to Americans having more time on their hands with much of the economy under pandemic-related restrictions and fewer opportunities to socialize.

“I suppose it’s not surprising — a lot of people were home. If they ever

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New York firm helps small businesses emerge from the COVID-19 crisis

Jessica Larios’s baby arrived a few weeks before her due date at the end of February.

The owner of Bella’s Event Inc — an event planning business in Yonkers, NY, specializing in rentals and sales of all things party related from wedding gowns to Quinceanera dresses, table linens and party supplies — Larios could not afford to take any time off during one of the busiest months for bookings.

In a haze of feedings and caring for the baby, Larios plowed through her work. Less than a month later, things ground to a halt as the coronavirus pandemic took hold in the state — and phone calls with cancellations started pouring in.

Jessica Larios, owner of Bella’s Events, which specializes in rentals and sales of anything party related, holds a Quinceanera dress at the shop in Yonkers May 28, 2020. The Acceleration Project, a Scarsdale nonprofit consulting firm that is

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Make Covid-19 recovery green, say business leaders

More than 200 top UK firms and investors are calling on the government to deliver a Covid-19 recovery plan that prioritises the environment.

They say efforts to repair the economy should support the government’s commitment to tackle the climate change crisis.

They believe ministers should use the Covid-19 lockdown as a springboard to propel a green economy.

The signatories to the letter include Lloyds Bank, Asda, Siemens and Sky.

The proposals outlined by firms such as Mitsubishi, Signify and Yorkshire Water in a letter to the prime minister include:

  • Driving investment in low carbon innovation, infrastructure and industries.
  • Focusing support on sectors that can best support the environment, increase job creation and foster the recovery – whilst also decarbonising the economy.
  • Putting strings on financial support to ensure firms getting bailout cash are well managed, and in step with climate goals.

In a speech on Thursday Boris Johnson briefly committed

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