Businesses Damaged During Civil Unrest Eligible For $50,000 Grant

HILLSBOROUGH COUNTY, FL — A new grants program will help small businesses recover from damage incurred during last weekend’s civil unrest in Hillsborough County.

Already experiencing challenges from the coronavirus pandemic and unprecedented unemployment, many businesses were damaged, looted and, in some cases, destroyed in Tampa’s Innovation District next to the University of South Florida and other areas of Tampa.

Available funds will be awarded to qualifying applicants to reimburse approved expenses in an amount up to $50,000. The grants do not require matching funds. Business owners will be able to apply for the grants online in the coming days.

In the meantime, business owners can connect with the Entrepreneur Collaborative Center at 813-204-9267 to begin discussions with a business consultant who can put them in touch with the right resources.

Expenses must be incurred on or after May 30, and must be directly related to repairing, restocking and reopening a business that was damaged by civil unrest. Eligible expenses may include damaged and stolen inventory replacement (verified by police report), physical repairs, signage and painting, and must be actual cash expenses. In-kind services are not eligible for reimbursement.

Approved applicants will be required to attest that the expenses being reimbursed are not already paid, or expected to be paid, by insurance.

Eligible businesses:

  • Must be a privately held small business or sole proprietor located in Hillsborough County (no publicly traded businesses)

  • Must have less than 25 full-time employees or equivalent FTEs during the most recent pay period prior to

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What will weddings look like after coronavirus lockdown world?

It was supposed to be the most magical day of their lives. Months of planning every little detail – the flowers, the candles, the dress – all leading up to the special occasion. Carefully curated Pinterest boards; hand-picked canapes and, well, thousands of pounds, all part of The Big Day™.

Except, for many brides-to-be in 2020, that wedding day never came. Coronavirus did instead.

In light of the global pandemic, the UK government announced lockdown measures on March 23rd that included a ban on all social events and gatherings. Namely, weddings. Very quickly, those planning to tie the knot had to come to terms with postponed nuptials and rearranged receptions – many of which won’t happen now until a post-lockdown world.

How have weddings been impacted so far?

64% of 2020 weddings have been directly impacted by coronavirus so far, Bridebook say, meaning the majority of those hoping to walk down the aisle have had to put plans on hold.

what will weddings look like in a post coronavirus lockdown world

Getty Images

Couples have been forced to make the heartbreaking decision to either cancel indefinitely or take a gamble on a new date – which hasn’t paid off for some. Natasha, 27, from Neath, was due to marry her fiancé Jonathan in April, but had to postpone her wedding twice. “We moved our wedding from April 2020 to August 2020, and then again to May 2021,” she tells Cosmopolitan UK. “I can’t even get excited for it, because there’s a looming feeling that it still may not go

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CBI goes back to basics with new boss Tony Danker after years of Brexit wrangling

Tony Danker took a gamble when he left his established media industry career to head up a business ‘movement’ back in 2017.

Britain has plenty of industry groups and campaigns, so the appeal of launching a new one is not immediately obvious.

It is particularly tough to make a name lobbying for the amorphous concept of ‘productivity’.

But less than three years into his tenure as chief executive of Be the Business, he has been picked to head the Confederation of British Industry, the most high-profile corporate lobby group in the country.

Sir Charlie Mayfield, the former chairman of John Lewis who was the driving force behind the establishment of Be the Business, says Danker has the right qualities to lead.

“What drives Tony in a very meaningful way is his belief in the importance of business in society and the positive contribution businesses can make within society and to the economy,” says Sir Charlie, who hired Danker for his work on productivity at Harvard.

“He is passionate about taking practical steps which encourage and enable businesses to do more of that.”

He sees that as crucial to rebuild the nation from the pandemic. 

“In the first phase of the crisis it has been critical care workers very much on the front line. In the second phase, and the enduring phase, it is going to be business leaders,” he says.

“They are the people who create jobs, who determine the nature of those jobs and the opportunities within them.

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Sysco (SYY) Looks Well Poised on Diversified Business Lines

Sysco Corporation SYY looks well poised, courtesy of its growth initiatives and efforts to stay firm amid the coronavirus outbreak. The company, whose food-away-from-home business has been challenged amid the pandemic, is focused on aiding revenues through other channels. Also, the company is undertaking measures to preserve liquidity amid the crisis.

In fact, at a juncture where many companies are suspending dividend payments, Sysco declared a quarterly dividend of 45 cents per share last month, which reflects its healthy financial position and commitment to shareholders. Shares of this Zacks Rank #3 (Hold) company have rallied 31% in the past three months compared with the industry’s growth of 25.8%. In fact, Sysco has gained 15.6% in a month’s time.

Focus on Alternate Opportunities Amid Crisis

Sysco serves a wide spectrum of the foodservice space, with about half of the consumption coming from the away-from-home channel in the United States. We note that Sysco’s U.S. Foodservice and International Foodservice segments were hurt by coronavirus-related hurdles in the third quarter of fiscal 2020. Lower volumes in the food-away-from-home channel have been a deterrent. Increased social distancing had a considerable adverse impact on the company’s restaurant, education and hospitality customer segments. Volumes in the food-away-from-home channel are likely to remain soft.

To keep its revenues flowing, Sysco has turned its distribution model to areas it didn’t essentially cater to before the pandemic. These include grocers, retailers and supply-chain contracts. Incidentally, the company is working with some of the best retailers to address customers’ needs

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