Friday, September 24, 2021

New Jersey Awarded $1.5M in Funding to Expand Small Business Exporting

©iStock/Ultima_Gaina
Are you a business owner located in New Jersey who aspires to take your business global?  The timing could not be better.

The New Jersey Business Action Center (NJBAC), received $1.5M in funding for the New Jersey STEP (NJSTEP) program to provide financial awards on a first come, first served competitive basis to New Jersey eligible small businesses that are new to export, as well as those businesses who currently sell their goods and services to other countries. The program is funded in part through a grant with the U.S. Small Business Administration (SBA).

Learn more here and go for global!

Thursday, September 23, 2021

Wednesday, September 22, 2021

A Hackathon to Develop Solutions That Can Help SMBs

©iStock/Bohdan Skrypnyk
The Good Ideas Exchange, which will take place in October, will bring owners of SMBs together with leaders from companies including American Express, Facebook, Indeed, UPS and Vimeo to take part in a hackathon to develop solutions that can help SMBs respond to the challenges they are facing, and those that are green-lit will be revealed early next year. 

Read more.

Tuesday, September 21, 2021

The United States to Lift Pandemic Travel Restrictions in November

©iStock/Phoenix0013
USA President Biden kept the restrictions on travelers from the European Union, Britain, India and other places, despite pleas from business leaders in need of profits from tourism, foreign workers who traveled overseas to renew visas to work in the United States only to be left stranded, and citizens left separated from their partners abroad.  That will soon change.

The Biden administration will lift travel restrictions starting in November for foreigners who are fully vaccinated against the coronavirus, reopening the country to thousands of people, including those who have been separated from family in the United States during the pandemic, and easing a major source of tension with Europe.

This could help rejuvenate a U.S. tourism industry that has been crippled by the pandemic.

Monday, September 20, 2021

Today in Global Small Business: Unique Outdoor Stays to Find Yourself

©iStock/Alexlukin
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, September 18, 2021

Never Stop Trying

©2021 Laurel J. Delaney.  All rights reserved.
"Never stop trying.  Never stop believing.  Never give up.  Your day will come." – Mandy Hale

Friday, September 17, 2021

Life Is Not Easy. Doing What You Love, That's What Makes Life

©iStock/gorodenkoff
“Life is not easy,” says Mexican pastries and bread business, Clementina’s Sweets founder Esmeralda Jimenez. “Doing what you love, that’s what makes life.”

The pandemic has disproportionately affected women, with significant numbers laid off, leaving their jobs or reducing work hours to care for children being schooled at home or other family members.

So if you are dreaming of becoming your own boss, these women made it happen during COVID-19.

Thursday, September 16, 2021

Paris is a Moveable Feast; So is Tianducheng

©iStock/DashaMuller
"If you are lucky enough to have lived in Paris as a young man, then wherever you go for the rest of your life it stays with you, for Paris is a moveable feast," sys Ernest Hemingway posthumously in his published memoirs A Moveable Feast (1964).

It appears one town in China has taken the Nobel laureate's words to heart, quite literally. 

Located in eastern China, Tianducheng would be like any other unassuming suburban sprawl in the country were it not for its uncanny resemblance to the French capital. 

Discover more because you won't believe how much this Chinese City looks like Paris – from the Eiffel Tower to minute details such as street lamps and urban furniture.

Wednesday, September 15, 2021

Why Millions of People Started a Business During the Pandemic

©iStock/scyther5
One new small-business owner said, "When you're not sure what's going on, you make the best of it that you can."  That about sums things up.

During the pandemic, entrepreneurs opened their own businesses at more than twice the rate seen in pre-pandemic times, thanks to government support programs and improved remote technology that weren't available during other economic downturns such as the Great Recession.

Read on to discover how entrepreneurship becomes a power booster during economic uncertainty.

Tuesday, September 14, 2021

Michigan Receives $2,000,000 State Trade Expansion Program STEP Grant

©iStock/PapaBear
Michigan received $2 million in federal grant funds to help Michigan small businesses grow in the state through increased access to global markets. The amount is the maximum awarded by the SBA and a $650,000 increase from 2021.  

Managed by the Michigan Economic Development Corporation’s International Trade program, the Michigan STEP grant initiative (MI-STEP) aims to promote job creation by empowering Michigan small- and medium-sized enterprises (SMEs) to export their products, supplying financial assistance awards for eligible export development-related expenses.

The funds are expected to assist more than 350 Michigan companies in increasing international sales.

Read on to learn more.

Monday, September 13, 2021

Today in Global Small Business: The Task Force on Climate-related Financial Disclosures (TCFD)

©iStock/BenGoode
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, September 11, 2021

Cause a Little Bit of Summer

©2021 Laurel J. Delaney.  All rights reserved.
"Cause a little bit of summer is what the whole year is about." – John Mayer

Friday, September 10, 2021

The Digital Transformation Will Continue to Happen

©iStock/Funtap
Sheryl Sandberg, Facebook COO said small businesses will keep choosing the internet to reach their customers even after the pandemic subsides and brick-and-mortar advertising options become more useful.

With an interview with Bloomberg News she said “That digital transformation will continue to happen.  It might happen at a slightly slower rate but I think that the transformation and people moving to be online is going to continue to happen.”

Nevertheless, it's a challenging time yet the online revolution will continue.

Thursday, September 09, 2021

World Trade Center Utah Receives $1,050,000 State Trade Expansion Program STEP Grant

©iStock/mj0007
SBA announced that World Trade Center Utah (WTC Utah) will receive a State Trade Expansion Program (STEP) Grant of $1,050,000 on behalf of the State of Utah.  

Utah’s export growth rate has been the highest in the nation for the past two years. Eighty-five percent of Utah’s exporters are small businesses, and international sales add $5 billion across the state in additional revenue for these small business exporters.

Exporting is an important tool for small businesses to grow revenue and boost local economies. STEP is designed to assist states with increasing the number of small businesses that export and the value of those exports.  

Read on to learn more about how Utah received a STEP grant to accelerate global growth of businesses.

Wednesday, September 08, 2021

Setting Your Sight on a Sustainable Future

©iStock/metamorworks
According to Xero, building a fast-growing but sustainable business means consciously managing our environmental impact, helping to build thriving communities, and cultivating an engaged workforce.
That’s why Xero introduced an environmental sustainability program called Net Zero @ Xero and since 2019 has been committed to carbon neutrality, offsetting 100% of their global organization’s scope 1, 2 and 3 greenhouse gas emissions across owned and operated businesses in Australia and internationally, including New Zealand, the United States, Canada, South Africa, the United Kingdom and Asia.

Tuesday, September 07, 2021

Pandemic's Summer Resurgence Is Slowing the Global Economic Recovery

©iStock/Jira Pilankharom
Data over the past week captured a worldwide weakening as infections from a Delta surge hit travel and spending and worsen supply bottlenecks that are dampening manufacturing and trade.

Instead of entering the final months of 2021 confident that the acute phase of the pandemic is over, it’s becoming clear that booster shots may be needed for fading vaccines, workplace re-openings will be delayed and border closures remain.

“The spread of the delta variant is slowing the reopening process and has caused us to mark down growth globally,” said Robin Brooks, chief economist of the Institute of International Finance in Washington, referring to its revised 5.7% forecast for this year, from 6.2%.

Read on to learn more.

Monday, September 06, 2021

Today in Global Small Business: Business Schools Are Becoming More Globalized

©iStock/NattapoomV
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, September 04, 2021

Catch Excellence

©2021 Laurel J. Delaney.  All rights reserved.
"Perfection is not attainable, but if we chase perfection we can catch excellence." – Vince Lombardi

Friday, September 03, 2021

Find a Forest That Brings Beauty to Your World

©iStock/vichie81
Find a forest – from Japan to USA to Canada – that brings you calm and beauty.  Even plant a tree if you feel so inclined.

Thursday, September 02, 2021

Women Entrepreneurs in County Donegal, Ireland Are Dreaming Big, Are You?

©iStock/audioworm
The Ambition for 2021 program through the Local Enterprise Office Donegal provides women entrepreneurs with a clear pathway to start a globally focused business.  The program is open to female founders and co-founders, entrepreneurs, or those with a strong start-up idea, who have links to Donegal. 

Many of these women are dreaming big, with projects designed to make a real impact on business, social and cultural landscapes.  Sixty percent have accessed Local Enterprise Office supports since completing the program, and 54% are revenue generating and exporting internationally.

To attend the Open Evening introducing the program, apply, or learn more, visit:  http://www.localenterprise.ie/Donegal/

Wednesday, September 01, 2021

Estée Lauder: The Global Leader in Prestige Beauty

©iStock/Galeanu Mihai
Estée Lauder is considered the global leader in prestige beauty – offering high quality products and experiences, inspiring consumers to express their individual beauty.

We [Estée Lauder] are the only company focused solely on prestige makeup, skin care, fragrance and hair care. We have a diverse portfolio of more than 25 brands, and our products are sold in approximately 150 countries and territories. Infused throughout our organization is a passion for creativity and innovation—a desire to push the boundaries and invent the unexpected as we continue the bold work of our founder, Estée Lauder.

Read their latest report:  The Estée Lauder Companies’ citizenship and sustainability activities and performance for the period of July 1, 2019 – June 30, 2020.