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Small Business Funding

Black Brand celebrates National Bosses Day [Video]

The Black Brand gets ready for their Black Diamond Weekend with a “Good Company Tour.” They honored three bosses in Portsmouth with $1,000.

PORTSMOUTH, Va. — Wednesday is National Bosses Day, and one organization in Portsmouth is celebrating the occasion by making sure some Black businesses owners are getting the recognition they deserve. 

The Black Brand’s “Good Company Tour,” a parade to surprise three area Black businesses with micro-grants, took to Portsmouth streets on Wednesday. 

At each stop on the Black Brand’s “Good Company Tour,” they handed out checks to well-deserving business owners.

Tim Armstrong with Bloom Coworking received one of those checks.

Armstrong said, “Just to have someone to say thank you and to affirm what we’re doing, I’ll tell you it pays off.”

The event is just ahead of Black Diamond Weekend, Virginia’s largest Black business conference.

Even though the conference isn’t until next month, Blair Durham, co-founder …

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Small Business Funding

Commerce Department to reduce Intels funding on semiconductors [Video]

LOS ANGELES (AP) The Biden administration plans on reducing part of Intels $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private conversations. The reduction is largely a byproduct of the $3 billion that