Lawmakers sought to avoid a similar situation this time around with changes to the program’s parameters. The SBA limited the first loans to community financial institutions, or CFIs, which include four categories of smaller lenders, most of which focus on low-income communities. Additionally, round two of the PPP is open to companies with fewer than 300 employees, compared with 500 for the first round. Publicly traded firms are excluded this time and loans are capped at $2 million. … [Read more...] about Paycheck Protection Program loan portal opens to larger lenders soon: Here’s the latest
Osha voluntary protection program
Shuttered theaters, cinemas, and performing arts venues can soon apply for ‘Save Our Stages’ grants
Event spaces had been lobbying heavily for some kind of federal relief through a campaign called “Save Our Stages,” spearheaded by a group of 3,000 independent venues. Many venues for live events did not qualify for other forms of relief—such as the Paycheck Protection Program loans aimed at maintaining payroll—because they were not operational during the shutdowns. … [Read more...] about Shuttered theaters, cinemas, and performing arts venues can soon apply for ‘Save Our Stages’ grants
These 15 jobs are on the rise, according to LinkedIn
The unemployment numbers may be dismal, but there are still jobs to be had. In fact, if the pandemic taught us anything, it’s that companies that pivoted to provide essential services (and not just in healthcare or retail—although those are important) have created hundreds of jobs. … [Read more...] about These 15 jobs are on the rise, according to LinkedIn
Second stimulus checks will be worth $600: What you need to know
While the new stimulus package agreed to by Congress does include a second round of stimulus checks, this time they will only be worth up to $600 per person instead of the $1,200 maximum value Americans received earlier in the year. Like with the CARES Act that was passed in March, the new stimulus package also includes supplemental weekly federal unemployment benefits, but this time those supplemental benefits are for $300 a week, instead of the previous $600 a week. … [Read more...] about Second stimulus checks will be worth $600: What you need to know
I’m a high school sophomore. Here’s how schools can teach kids to solve real-world problems
As we move into an increasingly robotic and digital age, solving complicated human problems becomes more important than ever. Schools need to teach more of the process of entrepreneurship and engineering, including development and research to truly understand user needs. If we want the entrepreneurs of the future to succeed, it’s important that our engineering curriculums teach them the necessary skills. During COVID-19, we gained an opportunity to rethink workplace practices and schooling techniques—let’s do the same with the way we teach engineering. … [Read more...] about I’m a high school sophomore. Here’s how schools can teach kids to solve real-world problems