Business
MBDA Awards NAIC Million Dollar Grant To Raise $1 Billion For Investment In Minority Entrepreneurs
The Minority Business Development Agency (MBDA) of the U.S. Department of Commerce and the National Association of Investment Companies (NAIC), the largest network of diverse-owned private equity firms and hedge funds, recently announced that MBDA has awarded NAIC a $1.4 million grant to support a project that will facilitate the aggregation and deployment of approximately $1 billion in growth capital into minority-owned businesses
The Association of Corporate Citizenship Professionals Hosts Two Events in Chicago
Registration is open for The Forum and the Introduction to Impact Measurement Summit hosted by The Association of Corporate Citizenship Professionals (ACCP) in Chicago this fall. The Forum will be held October 29 to November 1 at Conagra Brands.
McDonald’s Black & Positively Golden Movement & YWCA USA Join Forces to Close Entrepreneurship Knowledge Gap for Rising Moguls
McDonald’s USA, through its Black & Positively Golden movement, recently announced its dynamic yearlong commitment to YWCA USA to expand its Women’s Empowerment 3600 (WE 3600) program. WE 3600, powered by Black & Positively Golden, is designed to help women of color overcome barriers to starting, growing and sustaining businesses while providing them with educational tools to increase their knowledge and confidence as entrepreneurs.
Target to Hire More Than 130,000 Seasonal Team Members
Target Corporation (NYSE: TGT) recently announced plans to add more than 130,000 seasonal team members across the country for the upcoming holiday season, including a two-fold increase in the number of roles focused on fulfilling digital orders from its stores. In addition, the company committed to offering existing team members additional hours based on their preference and availability.
Unemployment Rate Falls to Historic Low in August
Th e Illinois Department of Employment Security (IDES) recently announced that the unemployment rate was 4.0 percent in August, down 0.2 percentage point from the prior month, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. Th e August unemployment rate was the lowest monthly unemployment rate for the state on record. Nonfarm payrolls were stable compared to the prior month, down -1,400 jobs. Th e July monthly change in payrolls was revised from the preliminary report (from -400 to +1,300 jobs).
Purpose to Paycheck expert helps women learn how to make multiple streams of income
Best Selling Author and Purpose to Paycheck expert Nicole Roberts Jones will continue her mission of empowering women entrepreneurs with her 4th Annual ‘Be The Answer’ intensive on October 4th– 5th, 2019 at the Boston Woburn Hilton Hotel.
Gaining real-world business experience at UIC’s Starbucks
University of Illinois at Chicago business majors Safaa Sarefian, Rosemary Arevalo and Matt Carey are quickly learning that top-shelf brands like Starbucks will attract crowds from sunup to sundown — and if any entrepreneur is to succeed, he or she must be ready for them.
Fearless Fund Launches $5 Million Dollar VC Fund Fueling Women Of Color Owned Businesses
The Fearless Fund invests in women of color-led businesses seeking pre-seed, seed level, or series A funding. With a mission of bridging the gap in venture capital funding for women of color founders building scalable, growth aggressive companies, Fearless Fund is built by women of color for women of color. Since its recent initiation, the Fearless Fund has hosted pitch competitions at Facebook Headquarters & Spanx Headquarters with brand partners such as Coca-Cola, UrbanSkinRX, Bumble and more.
Survey: 96% Of Managers Say Their Staff Are Experiencing Some Degree Of Burnout
The country is nearly at full employment, but U.S. workers may also be approaching full burnout. On the heels of the World Health Organization defining it as a syndrome resulting from workplace stress, a recent survey from staffing firm Accountemps found that nearly all senior managers (96%) believe their team members are experiencing some degree of burnout. In a separate survey, 91% of workers said they are at least somewhat burned out.
Former Chicago Ald. Joe Moore Joins Chicago-based Diliberto Real Estate Services, LLC
Diliberto Real Estate Services, a global real estate advisory, property management and auction firm recently announced that former Chicago Alderman Joe Moore, a long-time member of the Chicago City Council is joining the firm’s Municipal Economic Services Group as its National Director.
Bayer Earns Top Marks in 2019 Disability Equality Index
For the first time, Bayer U.S. earned an 80 in the 2019 Disability Equality Index (DEI), and was recognized as a Best Place to Work for Disability Inclusion. DEI is the most comprehensive disability inclusion assessment tool designed and embraced by both business leaders and disability advocates across the United States.
50 Fastest Growing Women -Owned And Led Companies Announced By WPO And Capital One
The Women Presidents’ Organization (WPO) has announced the 12th annual ranking of the 50 Fastest-Growing Women-Owned/Led Companies™. Winners were announced during the WPO Annual Conference, held this year in Charlotte, NC.
Small Business Job Growth Slows in June, While Wage Growth Increases
The Paychex | IHS Markit Small Business Employment Watch for June shows slowing small business job growth accompanied by continued steady wage growth, together indications of an increasingly tight labor market.
Average New-Car Prices Up 3% Year-Over-Year for June 2019
The valuation analysts at Kelley Blue Book recently reported the estimated average transaction price for a light vehicle in the United States was $37,285 in June 2019. New-vehicle prices increased $1,131 (up 3.1%) from June 2018, while decreasing $67 (down 0.2%) from last month.
