Latest Small business financing News

Black entrepreneurs in Miami feel bypassed by the tech boom

Nov. 21, 2021 03:11 AM EST

MIAMI (AP) — Black hair care is often overlooked by venture capitalists, a world that remains distant from Black and Brown communities. Only 2% of venture capitalists are Black men and only 1% are Black women. Miami entrepreneur Rishielle Giscombe is undeterred. In an...

Deadline nears to apply for FEMA aid for Hurricane Ida

Nov. 20, 2021 10:22 AM EST

BATON ROUGE, La. (AP) — Louisiana residents impacted by Hurricane Ida's destruction in August have a little more than a week remaining to seek individual assistance from the Federal Emergency Management Agency. The deadline for individuals and families to apply for...

Four Iowans plead guilty in small business loan fraud scheme

Nov. 19, 2021 18:21 PM EST

DES MOINES, Iowa (AP) — Three former bank executives and the president of a lending service provider have pleaded guilty to conspiracy to commit wire fraud in a scheme that defrauded the Small Business Administration of millions of dollars, federal prosecutors announced Friday. ...

Barcelona, Man City drop club crypto sponsors amid concerns

Nov. 19, 2021 15:19 PM EST

LONDON (AP) — Concerns about two cryptocurrency companies led to two of Europe's leading soccer clubs, Barcelona and Manchester City, dropping short-lived sponsorship agreements on Friday. Premier League champion City suspended a deal with 3Key Technologies after...

Fake lawyer gets 18 months for mail fraud, lying on loan app

Nov. 18, 2021 20:17 PM EST

SACRAMENTO, Calif. (AP) — A San Francisco woman who posed as a lawyer and lied to get more than $350,000 in pandemic relief money was sentenced to 18 months in prison in exchange for her guilty plea, federal prosecutors said. Miranda Devlin, 37, was sentenced in federal...

Millennial Money: 4 reasons to shop Small Business Saturday

Nov. 16, 2021 07:01 AM EST

When you think about holiday shopping, your mind probably goes to big-box retailers before your neighborhood bookstore or antique shop. But in a time marked by widespread supply chain disruptions and inflation, underdog small businesses deserve our attention. Enter Small...

China stock exchange for entrepreneurs launches in Beijing

Nov. 15, 2021 02:18 AM EST

BEIJING (AP) — A stock exchange set up in the Chinese capital to serve entrepreneurs opened trading Monday with 81 companies amid a crackdown on tech giants that has wiped more than $1 trillion off their market value abroad. The Beijing Stock Exchange joins other...

2 Seattleites charged with stealing $1M in jobless benefits

Nov. 12, 2021 10:21 AM EST

SEATTLE (AP) — Two Seattle residents are charged with allegedly stealing over $1 million in jobless benefits and small business loans during the coronavirus pandemic. The Seattle Times reports Bryan Sparks and Autumn Luna were charged Wednesday with stealing at least...

Editorial Roundup: Wisconsin

Nov. 03, 2021 07:11 AM EDT

Wisconsin State Journal. October 29, 2021. Editorial: Ditch the accounting tricks at the statehouse Quick question: If you buy your Christmas gifts with a credit card this December, will you still owe that money in January? ...

Louisiana man indicted for COVID-19 fund fraud

Oct. 30, 2021 10:49 AM EDT

SHREVEPORT, La. (AP) — A federal grand jury in Louisiana has indicted a man with fraudulently obtaining more than $1.1 million in loans from two programs designed to help small businesses stay open during the COVID-19 pandemic. Michael Ansezell Tolliver, 56, of Monroe,...