Small business

Statement from SBA Administrator Isabella Casillas Guzman on the U.S. Department of Defense’s New Office of Strategic Capital

Retrieved on: 
Saturday, December 3, 2022

DoDs creation of the Office of Strategic Capital marks a significant milestone in the Biden-Harris Administrations investment in critical technologies that drive innovation, power our nations technological leadership, and strengthen our national security.

Key Points: 
  • DoDs creation of the Office of Strategic Capital marks a significant milestone in the Biden-Harris Administrations investment in critical technologies that drive innovation, power our nations technological leadership, and strengthen our national security.
  • SBA and DoD are aligned in our mission of growing private capital investment in emerging and critical technologies.
  • We look forward to working with DoDs Office of Strategic Capital through a new SBA-DoD partnership, which we will be announcing at the Reagan National Defense Forum.
  • It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations.

Yiren Digital Successfully Regains Compliance with NYSE Minimum Share Price Listing Requirement

Retrieved on: 
Saturday, December 3, 2022

BEIJING, Dec. 2, 2022 /PRNewswire/ -- Yiren Digital Ltd. ("Yiren Digital" or the "Company") (NYSE: YRD), a leading digital personal financial management platform in China, today announced that it has received a letter dated December 1, 2022 from the New York Stock Exchange (the "NYSE") informing that the Company has successfully regained compliance with the NYSE's continued listing standard that requires a minimum average closing price of $1.00 per share over a consecutive 30 trading-day period.

Key Points: 
  • BEIJING, Dec. 2, 2022 /PRNewswire/ -- Yiren Digital Ltd. ("Yiren Digital" or the "Company") (NYSE: YRD), a leading digital personal financial management platform in China, today announced that it has received a letter dated December 1, 2022 from the New York Stock Exchange (the "NYSE") informing that the Company has successfully regained compliance with the NYSE's continued listing standard that requires a minimum average closing price of $1.00 per share over a consecutive 30 trading-day period.
  • On November 7, 2022, the Company was notified by the NYSE that it had fallen below the minimum share price listing requirement in connection with the performance of trading price of its American depositary shares (the "ADSs"), and that the Company had six months following receipt of the notice to regain compliance with the minimum share price requirement.
  • Accordingly, the Company has regained compliance with the NYSE minimum share price listing requirement.
  • Yiren Digital Ltd. is a leading digital personal financial management platform in China.

Kasm Workspaces Adds Microsoft Windows Desktop Support to DaaS, VDI & App Streaming Solution

Retrieved on: 
Friday, December 2, 2022

MCLEAN, Va., Dec. 2, 2022 /PRNewswire/ -- Kasm Technologies , an industry leader in streaming cloud workloads to the web browser, today announced Microsoft Windows Desktop Support in Kasm Workspaces v1.12 .

Key Points: 
  • MCLEAN, Va., Dec. 2, 2022 /PRNewswire/ -- Kasm Technologies , an industry leader in streaming cloud workloads to the web browser, today announced Microsoft Windows Desktop Support in Kasm Workspaces v1.12 .
  • Kasm Workspaces supports Workspace creation, session handling and rendering for servers over the Remote Desktop Protocol (RDP) or KasmVNC protocols, including support for Microsoft Windows.
  • Kasm Windows Service- An optional companion Windows service that provides the ability to upload/download files to the desktop when enabled by group settings.
  • Windows Workstation and Server Support Windows is supported across the product line, with compatibility across Windows 10, Windows 11, and Server 2019.

Keeping Local Restaurants Cooking: 114 Restaurants to Receive $3,000 Resilience Grants in Second Round of Financial Support This Year

Retrieved on: 
Friday, December 2, 2022

We were elated by the additional contribution from The PG&E Corporation Foundation, bringing our total grants awarded in 2022 in the PG&E service area to 258 independent restaurants.

Key Points: 
  • We were elated by the additional contribution from The PG&E Corporation Foundation, bringing our total grants awarded in 2022 in the PG&E service area to 258 independent restaurants.
  • PG&E and The Foundations combined $1.4 million in charitable contributions in 2021 and 2022 have supported 367 local restaurants.
  • Our hometown restaurants are the heart and soul of our communities, and they represent how small businesses help our local neighborhoods thrive.
  • For more information on the California Restaurant Foundation, Restaurants Care, or the Restaurant Resilience Fund, visit restaurantscare.org .

Softrams Launches Advisory Board, Names Jason R. Weiss Inaugural Member

Retrieved on: 
Friday, December 2, 2022

Softrams' Advisory Board brings together the industry's leading technology veterans to advise and support the organization's executive staff on key initiatives of strategic growth and leadership.

Key Points: 
  • Softrams' Advisory Board brings together the industry's leading technology veterans to advise and support the organization's executive staff on key initiatives of strategic growth and leadership.
  • The Board's inaugural member, Jason R. Weiss, whose prolific experience stems across three decades, is regarded as a dynamic trailblazer in spearheading efficient and effective technology best practices and championing organizational mission and goals.
  • "I look forward to being Softrams inaugural advisory board member," said Jason.
  • About Softrams: Softrams offers innovative technology implementations and builds customer-centric services that are simple, intuitive, and usable across multiple industries.

Black Friday Week Retail Sales Fell Short of Last Year, Reports NPD

Retrieved on: 
Friday, December 2, 2022

PORT WASHINGTON, N.Y., Dec. 2, 2022 /PRNewswire-PRWeb/ -- Port Washington, N.Y., December 2, 2022 – Black Friday week marked the sixth consecutive week of in-store sales revenue declines for U.S. discretionary general merchandise. During the week ending November 26, 2022, spanning Thanksgiving, Black Friday, and Small Business Saturday, sales revenue was 5% lower than during the same week in 2021, while unit sales were down 8%, according to U.S. retailer point-of-sale information collected by The NPD Group. Total November 2022 general merchandise retail sales revenue was 8% lower than it was in 2021.

Key Points: 
  • Black Friday week marked the sixth consecutive week of in-store sales revenue declines for U.S. discretionary general merchandise.
  • Total November 2022 general merchandise retail sales revenue was 8% lower than it was in 2021.
  • PORT WASHINGTON, N.Y., Dec. 2, 2022 /PRNewswire-PRWeb/ -- Port Washington, N.Y., December 2, 2022 Black Friday week marked the sixth consecutive week of in-store sales revenue declines for U.S. discretionary general merchandise.
  • This week was also the first time this year that discretionary general merchandise retail sales revenue fell below pre-pandemic 2019 levels (down 9%).

ScanMyPhotos Report: The Online eGift Card Fallacy Revealed

Retrieved on: 
Friday, December 2, 2022

IRVINE, Calif., Dec. 1, 2022 /PRNewswire-PRWeb/ -- The announcement by a giant online retailer of their biggest-ever Thanksgiving shopping weekend sales may be misleading to small business owners who depend on those same sales for their livelihood. These large companies have been hurting American small businesses for years by selling goods at low prices and undercutting them on pricing strategies.

Key Points: 
  • 1) The first step is providing customers with an alternative to holiday eGift cards from giant companies.
  • 2) Next, merchants must illustrate why personalized online eGift Cards are unique gifts that cannot be found on the largest eCommerce sites' websites at any price point.
  • ScanMyPhotos.com, which has preserved one billion photos, offers an alternative to ordering eGift cards from the largest online retailer.
  • With personalized online eGift Cards, small businesses can win and slay the holidays to make everyone smile this holiday season.

Minister Ng announces that Evol is helping deliver much-needed access to capital to women entrepreneurs in Quebec

Retrieved on: 
Thursday, December 1, 2022

Today, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced that Evol isproviding loans of up to $50,000 to women entrepreneurs and business owners through the Women Entrepreneurship Loan Fund .

Key Points: 
  • Today, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced that Evol isproviding loans of up to $50,000 to women entrepreneurs and business owners through the Women Entrepreneurship Loan Fund .
  • The Minister was joined by Emmanuella Lambropoulos, Member of Parliament for Saint-Laurent, and Sevrine Labelle, Chief Executive Officer of Evol.
  • With Evol set to distribute $7 million in loans, the Government of Canada is ensuring that even more women can access capital to start or grow their businesses.
  • Evol will be an important partner in delivering the Women Entrepreneurship Loan Fund in collaboration with its regional loan fund partners.

Digital Marketing Startup NU Media Selected to Aid Small Businesses Through Community Navigator Pilot Program

Retrieved on: 
Thursday, December 1, 2022

Selected by the U.S. Small Business Administration (SBA) through the USPAACC, NU Media was asked to aid the Community Navigator Pilot Program, a movement funded by President Biden's American Rescue Plan.

Key Points: 
  • Selected by the U.S. Small Business Administration (SBA) through the USPAACC, NU Media was asked to aid the Community Navigator Pilot Program, a movement funded by President Biden's American Rescue Plan.
  • NU Media is excited to assist in these efforts by providing small businesses with personalized digital marketing strategies.
  • The founder of NU Media, Ada Hu, says that the company will aim to help small and underprivileged businesses grow by utilizing NU Media-created digital marketing strategies.
  • "At NU Media, we hope to further assist younger businesses in their brand creation and marketing efforts," claims Hu, "and NU Media has witnessed the power of good brand presence in digital media."

EDC welcomes President and CEO’s reappointment

Retrieved on: 
Thursday, December 1, 2022

OTTAWA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Export Development Canada (EDC) and its Board of Directors welcome the Government of Canadas decision to reappoint Mairead Lavery as President and Chief Executive Officer.

Key Points: 
  • OTTAWA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Export Development Canada (EDC) and its Board of Directors welcome the Government of Canadas decision to reappoint Mairead Lavery as President and Chief Executive Officer.
  • During her first four years at the helm, Lavery helped steer EDC through the extraordinary global economic hardships brought on by the pandemic.
  • Since 2019, EDC released and updated several key policies Climate Change, Human Rights, and Transparency and Disclosure among them.
  • Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad.