This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

3 Things You Should Know About Small Business: Nov. 20

The U.S. Chamber of Commerce, the world's largest business organization representing the interests of more than 3 million businesses of all sizes, will organize Small Business Saturday events through their local member chambers. To date, nearly 50 member chambers have rallied businesses in their communities and will host local activities leading up to and on Nov. 24, where attendees will have the opportunity to pick up tote bags, and to get American Express Shop Small gift cards as part of a community-activation program.

2. Small Business Administration looking for tech innovators to provide a "non-electric heating solution" in the wake of Hurricane Sandy. The SBA has an urgent call for innovation. According to an email notice sent by the SBA on Tuesday, the agency has asked Defense Alliance, a company that has been awarded an SBA grant, to help small businesses get government contracting jobs through the Department of Defense, Department of Energy and others "to put out a call to our membership for an urgent technology need in the wake of Hurricane Sandy."

The SBA is looking for technology that is a single-room heater (not a hand-warmer or a full house heater); is portable and low-cost; is commercially available; is non-electric; and safe indoors.

Small businesses that have a potential solution should email the Defense Alliance's executive director, Chip Laingen, at: claingen@defensealliance.com. The email should include: a one-page description of the technology/product; a technical description; the cost per unit; the time to delivery; and the name of company/organization and contact information.

3. Downtown Alliance launches campaign to help struggling Lower Manhattan small businesses. In the wake of Hurricane Sandy, the Downtown Alliance launched on Monday the Lower Manhattan: Back to Business Small Business Grant Program, a campaign that intends to award more than $1 million in cash grants to small businesses hurt by Hurricane Sandy. The Downtown Alliance will make an additional investment of $325,000 to promote a holiday campaign to support restaurants and retailers located in the affected area.

The campaign has some big supporters behind it including Goldman Sachs (GS), Citigroup (C), Trinity Church, The Durst Organization and The Howard Hughes Corp.

The grants will offer support of up to $20,000 to small businesses meeting the following requirements: ¿ Located in Flood Zone A; ¿ 50 or fewer employees; ¿ Gross annual revenues of $5 million or less; ¿ Open for at least a year (or have a 5-year lease); ¿ Open at the time of application, or, for those located in buildings closed for storm-related reasons, scheduled to open by April 2013 (grants to be paid upon reopening); and ¿ Able to document loss and replacement costs not covered 100% by insurance or other reimbursement for property, equipment or inventory loss, or loss due to street closures, lack of utility service or related conditions.

Applications will be available beginning Dec. 1.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to: Laurie.Kulikowski@thestreet.com.

>To submit a news tip, email: tips@thestreet.com.

RELATED STORIES:







Follow TheStreet on Twitter and become a fan on Facebook.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AXP $81.64 -0.48%
AAPL $129.17 0.06%
FB $79.48 -0.34%
GOOG $574.18 0.50%
TSLA $199.80 1.30%

Markets

DOW 18,188.12 -100.51 -0.55%
S&P 500 2,107.46 -9.93 -0.47%
NASDAQ 4,979.5680 -28.5280 -0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs