Startup Missouri Information to fuel Missouri business startups

Gov. Mike Parson has unveiled a new $30 million grant program aimed at helping small businesses recoup costs from business interruption from the COVID-19 pandemic.

Billions of dollars offered by Congress as a lifeline to small businesses struggling to survive the pandemic are about to be left on the table when a key government program stops accepting applications for loans.

Angel investors still expect to keep investing in early stage startups despite the COVID-19 pandemic but are likely to be more conservative in doing so, according to a recent survey.

Nearly two-thirds of business owners feel the worst is behind them in terms of COVID-19 impact, new research shows. But four in five business owners are somewhat or very concerned about a possible second wave of infection.

Though the Trump administration has pledged to provide more details about which businesses received loans from a coronavirus aid program, government watchdogs say even more transparency is needed to get an accurate picture.

Looting and vandalism in cities across the country have dealt another blow to small businesses that were already reeling from the coronavirus outbreak. Along with big chain stores like Target, Walgreen and Macy’s, independent retailers in neighborhoods and downtown sections were targets of vandals and looters who struck as police mobilized to contain large demonstrations over the killing of George ...

The billions of dollars in coronavirus relief targeted at small businesses may not prevent many of them from ending up in bankruptcy court. Business filings under Chapter 11 of the federal bankruptcy law rose sharply in March, and attorneys who work with struggling companies are seeing signs that more owners are contemplating the possibility of bankruptcy. Companies forced to close ...

Desperate small business owners who hoped for a quick government lifeline to help them survive the coronavirus crisis are still without funds, instead battling red tape, wary banks and swamped computer systems. Thousands of owners who applied for loans under the government’s Paycheck Protection Program are in their second week of waiting for their money. And thousands who sought relief ...

Speed is of the essence if a federal relief program for small businesses is going to be effective in combating the damage wrought by the coronavirus lockdowns.

Small business owners hoping for quick help from the government’s emergency $349 billion lending program were still waiting Tuesday amid reports of computer problems at the Small Business Administration. The SBA’s loan processing system stopped working Monday, making it impossible for loans to be approved and funds distributed, according to a trade group for community bankers and the CEO of ...