SME News
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2021-03-03
Asian-owned small businesses saw an outsized pandemic impact last year
Nancy Yu has been a staple in San Francisco’s Chinatown for more than two decades. Her store, Asiastar Fantasy, sells souvenirs, gifts and cultural items like red envelopes for Lunar New Year. While she’s weathered many challenges over th...
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2021-03-03
Government reveals initiatives to aid firms in digitalisation
Many brick-and-mortar businesses have pivoted towards hybrid online-offline models. Minister for Communications and Information S Iswaran has announced a number of initiatives to help Singapore companies in their digitalisation efforts. Amongst...
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2021-03-03
Little to aid job creation or help a return to work, says SME champion
The Chancellor said the UK has a “business-friendly government” and a “pro-business tax regime” as he unveiled a raft of measures aimed at helping the SME sector recover from the devastation of three lockdowns. This include...
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2021-03-02
MML Ireland closes new €135m fund to back Irish SMEs
The Government’s ISIF vehicle has backed the fund that will invest between €5m and €15m each in Irish companies that have potential for expansion. MML Growth Capital Partners, a private equity firm, has closed a new fund at €1...
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2021-03-02
Women and minorities less likely to get Small Business Administration loans
The life blood of many small businesses is access to capital. Since 2017, the Small Business Administration (SBA) has distributed $658.8 million in SBA 7(A) loans in Arkansas, with few of those going to women and minorities. According to a study b...