Main Street businesses land record $154 billion in federal contracts

Main Street businesses land record $154 billion in federal contracts

The federal government awarded $154.2 billion to small businesses in fiscal year 2021, an $8 billion increase from the previous fiscal year, according to data from the Small Business Administration released Tuesday. That’s a record 27.2% of total federal contracting funds, exceeding the government’s goal of 23%. “We are excited to see that more dollars …

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Mayor Adams Announces $1.5 Million Investment in NYC Small Business Resource Network

July 26, 2022 Building on Mayor’s Blueprint for Economic Recovery, New Funding Will Extend Program Providing Personal Assistance and Resources Through 2023 Program Has Already Connected More Than 10,000 Small Businesses With Grants, Loans, and Marketing Tools NEW YORK – New York City Mayor Eric Adams today announced a $1.5 million investment in the NYC …

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Beauty & Wellness: Hair care is still poised as an M&A darling

Beauty & Wellness: Hair care is still poised as an M&A darling

After a series of hair M&A deals, I look at high-growth brands in the category. When I returned from parental leave in May, a lot had happened in the beauty and wellness industries. Between executive shuffles, new brand and product launches, and M&A deals, change seemed to have occurred at a faster clip. Of the …

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Licensing Still A Big Business During The Pandemic, As Sales Top $315 Billion

Licensing Still A Big Business During The Pandemic, As Sales Top $315 Billion

The Licensing Expo, held in Las Vegas in May, brought licensed brands and manufacturers together to … [+] create merchandise deals. Licensing International Pokemon, superheroes, Disney Princesses, corporate brands and logos and other licensing icons kept their selling power during the pandemic, according to a study released today by Licensing International. Consumers spent $315.5 billion …

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3M will spin off its health-care business into a new public company

3M will spin off its health-care business into a new public company

3M announced Tuesday that it will spin off its health-care business into a separate publicly traded company. The new business will focus on wound and oral care, health-care IT and biopharma filtration, the material science company said in a release. That includes products like its bandages, skin adhesives, oral aligners, air purifiers and optical lenses. …

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Rochester Hills man steals deposits from 6 prospective business owners

Rochester Hills man steals deposits from 6 prospective business owners

ROCHESTER HILLS, Mich. – A Rochester Hills man is facing prison time on accusations that he posed as a business broker and listing agent to steal “refundable good-faith deposits” from six prospective business owners. Denny John DiCapo, 62, of Rochester Hills, is accused of using his now-dissolved corporation to scam six people out of $21,000. …

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Business owners worried after drivers miss curve on South Choctaw Drive

Business owners worried after drivers miss curve on South Choctaw Drive

BATON ROUGE, La. (WAFB) – Business owners along a section of South Choctaw near North Flannery Road in Baton Rouge are worried. They say several drivers have missed the curve and crashed, causing damage to electric boxes, light poles, and other vehicles. The most recent crash happened Friday. Business owners along a section of South …

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Local notary business puts its stamp on a new headquarters

Local notary business puts its stamp on a new headquarters

The new headquarters of Notary2Notary and On Time Notary had a grand opening ceremony on July 12. (Photos courtesy of Vanessa Terry) Two sister notary-related startups have signed on for an upgraded headquarters. Vanessa Terry is moving her two companies, Notary2Notary and On Time Notary, to a new office at 13125 Rivers Bend Blvd. in …

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