ENTREPRENEURSHIP
Who's Getting Small Business Funding? We Touch Base With Beauty Entrepreneurs About Their Experiences.
The United States federal government has exhausted almost all of the $670 billion Congress allocated through two rounds of the Paycheck Protection Program to businesses impacted by COVID-19. There could be more money on the way. House Speaker Nancy Pelosi is advocating for a so-called Paycheck Guarantee Act that would reimburse employers for payroll and benefit
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Alice Mroczkowski·May 8, 2020·1 min read
The 30-second read
The United States federal government has exhausted almost all of the $670 billion Congress allocated through two rounds of the Paycheck Protection Program to businesses impacted by COVID-19. There could be more money on the way. House Speaker Nancy Pelosi is advocating for a so-called Paycheck Guarantee Act that would reimburse employers for payroll and benefit costs.
After the first round of the PPP, we touched based with beauty entrepreneurs to learn about their experiences applying for public aid. At that time, none of them had received assistance. Now, their experiences are widely divergent. Some have received funds, and others haven’t. To find out more about what’s currently happening with small business support, we asked nine beauty brand founders: Were you able to access capital from the PPP or other programs?
The players
1 mentionedBrand
AS Beauty
Founded2019
HQNew York, New York, United States
Revenue Range$150M+
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