Small Business Funding news and trends

Mastercard Strive Awards $2 Million to SMB-Focused Organizations
SMBs // December 05, 2023

Mastercard’s Strive fund has awarded nearly $2 million in grants to organizations that support small businesses.  The Strive Innovation Fund will support 11 organizations around the world, including those focused “on innovative digital solutions that support small businesses’ growth in environmental sustainability and data for market...

White House Gives $50 Million to ‘Underserved’ Small Businesses
SMBs // November 21, 2023

The Biden administration says it is releasing new funding to help underserved small businesses. The $50 million in funding, announced Tuesday (Nov. 21), comes from the American Rescue Plan and will go to programs in 20 different states via the State Small Business Credit Initiative’s (SSBCI) Technical Assistance Grant...

Trend Talk: FIs And FinTechs Can Operationalize Aid Fast, Get Liquidity Flowing
Banking // April 10, 2020

Contradiction, confusion and, glaringly, the absence of promised government cash has intensified the crisis now gripping American businesses, from Main Street to Wall Street. It’s an existential threat that can be mitigated going forward, i2c President Jim McCarthy told PYMNTS, by card products – particularly...

Minneapolis Fed Chief Calls For ‘Generous’ SMB Funding
Coronavirus // April 02, 2020

The Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday (April 2) that policymakers should be generous with the help that is extended to small businesses. In a virtual talk, “COVID-19 and the Economy,” Neel said policymakers must look to the past and...

Quick Reads
Mastercard Strive Awards $2 Million to SMB-Focused Organizations

December 05, 2023
Mastercard’s Strive fund has awarded nearly $2 million in grants to organizations that support small businesses.  The Strive Innovation Fund will support 11 organizations around the world, including those focused “on innovative digital solutions that support small businesses’ growth in environmental sustainability and data for market access,” Mastercard said in a news release Tuesday (Dec. 5). According to […]

White House Gives $50 Million to ‘Underserved’ Small Businesses

November 21, 2023
The Biden administration says it is releasing new funding to help underserved small businesses. The $50 million in funding, announced Tuesday (Nov. 21), comes from the American Rescue Plan and will go to programs...

Minneapolis Fed Chief Calls For ‘Generous’ SMB Funding

April 02, 2020
The Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday (April 2) that policymakers should be generous with the help that is extended to small businesses. In a...