Thursday, March 30, 2023

Play

Nebraska attorneys develop a workers rights program, the FDA approves over-the-counter sales of the overdose-reversing drug Naloxone, and mayors look for new ways to partner with the federal government.

Play

The Senate repeals authorization of military force in Iraq, the former CEO of Starbucks testifies about the company's worker policies, and Kentucky overrides the governor's veto of gender-affirming care for children.

Play

Small towns respond to a hidden housing and homelessness crisis, a new national weather prediction system will help close the gap between urban and rural forecasting, and more rural communities are eligible for a design project to boost economic development.

State Budget Deal Allocates Hundreds of Millions to CA Small Business

Play

Friday, June 3, 2022   

Small business groups are celebrating the new budget deal reached between California state legislators. Next up comes final negotiations with Gov. Gavin Newsom.

The deal includes more than $1 billion to offset the cost of paid sick leave and help cover taxes on unemployment insurance. Carolina Martinez is CEO of CAMEO, the California Association for Microenterprise Opportunities.

"Small businesses still need capital and also technical assistance," said Martinez. "So, we are happy to see that the governor's office and also the legislators are committed to continued support for the small businesses."

The budget must pass by June 15 and be signed into law by July 1. The budget includes $50 million for the California Investment and Innovation Fund, $8 million for Women's Business Centers, and $500 million for the California Small Business Hard-Hit Industries grant program.

Luis Ramos is director of business advising for Accion Opportunity Fund, a Community Development Financial Institution. He predicts the extra $50 million in funding means CDFIs will be able to shepherd many more budding entrepreneurs.

"We cannot only provide capital to the small businesses," said Ramos, "but also nurture them in that whole process, just to ensure that that capital is used efficiently and effectively."

The budget also includes $150 million for COVID-19 small business grants, $75 million for drought-relief grants for small agricultural businesses in the state, and $1 billion to be distributed over four years by the California Energy Commission, as grants to businesses headquartered in California.




get more stories like this via email
The report outlines ways that higher education could be creative and flexible with how schools are using their platforms to reach students. (Adobe stock)

Social Issues

New findings confirm suspicions about the top reasons many students considered dropping out of college over the last six months. The Gallup and …


Social Issues

Two reports confirm a troubling trend in terms of Black students attending college. According to the University System of Georgia, enrollment among …

Health and Wellness

States such as Minnesota continue to grapple with recent spikes in fatal overdoses tied to opioids. Now, a federal agency has taken what aid groups …


The Warrior Way Back program at Wayne State University works with older students who may have families or jobs competing for their study time. (digitalskillet/Adobe Stock)

Social Issues

Everyone starts college with pretty much the same dream - to earn a degree and have a better life. But sometimes life gets in the way, and dreams get …

Social Issues

Food assistance is integral for families - but it's also important that the food available makes sense culturally. The American Heart Association …

The Castner Range contains cultural sites that document the history of Native tribes, while also providing habitat for wildlife such as the golden eagle, mountain lions and the western burrowing owl. (Dale/AdobeStock)

Environment

A celebration will be held in El Paso Friday after five decades of activism paid off, when President Joe Biden designated Texas' Castner Range a …

Social Issues

The Iowa Senate has advanced a bill to outlaw handling a cellphone while driving. The state already has a distracted driving law, but it allows …

Social Issues

With an average hourly wage of under $15 in 2021, many Nebraska agricultural workers would be hard-pressed to afford an attorney if they needed one …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021