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As we approach the halfway mark of 2021, light at the end of the tunnel is beginning to appear in the U.S.’s response to the COVID-19 pandemic thanks to robust vaccine rollouts in many cities, with many regions slowly They are slowly starting to open back up. above
How To Check A Business With The Better Business Bureau
Yet as we begin to move toward life after the pandemic, it’s becoming increasingly clear how the past year has taken a toll on local economies. From people losing their jobs to businesses closing, we’ve all seen our communities struggle under the weight of the pandemic.
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On a recent episode of the Ripple Effect podcast, we heard from David Taliferro about why supporting small businesses and injecting capital into local economies is so important. Lenderfit’s co-founder and CEO has spent years focusing on ways to empower entrepreneurs, small businesses and communities with better access to equity capital and growth opportunities.
If you’re looking for ways to do your part as our communities rebuild, check out six simple, yet effective ideas below. You can easily help and capitalize on some strategic decisions in your local economy and community.
A fun and innovative way to inject money into your local economy is to join a giving society or give circle. Such organizations bring people together and pool their money to make an impact in their community. They can range in size, from a few people to hundreds, and can be incredibly broad or niche in their goals for the community.
Giving circles is a great way to connect with people in your community who share your passion for making a better place. Although each organization and club is unique, they generally collect funds from members and then allow local nonprofits to submit grant applications for the funds. Members then review applications and pitches, narrow the pool, and vote on which organization(s) they want to receive funding.
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Interested in finding a society or circle in your city? Review this list of more than 2,000 circles, or check out Impact100, which has more than 60 chapters. Local grocery store
It is very likely that there are local farmers in your area who need your help. Regardless of where you live, there are probably some great local grocers that provide you with fresh food from local gardens, farms and crops.
Buying food from a local grocery store or food co-op is a win-for-two when it comes to impacting your local economy. Not only does your money support a local farmer, but it also supports a local business that contributes to the culture of your community. Try Googling the name of your city with the terms local grocery store, food coop, and farmers market.
Read next: Discover how Big Green helps their school gardens make an impact through tech and the power of storytelling. Shop small businesses
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It’s incredibly tempting to order what you need from major online companies like Amazon. But how many of these things can you buy locally? From coffee and food kits to gifts and beauty products, most of what you buy online can be sourced locally.
When you shop at small businesses, you’re not only supporting your local economy but potentially impacting the environment as well. If you’re shopping at a place that makes their products or sources locally, the environmental impact of your purchase will be much lower than if you were buying products sourced from another state or country.
As David points out in his episode, there are many deserving entrepreneurs and small business owners who don’t have great access to capital. Due to one thing or another, they just don’t seem strong enough to apply for loans, which limits their ability to secure funds for growth.
One way you can support these small businesses and local entrepreneurs is by implementing local funding initiatives. Visit sites like Kickstarter, Indiegogo, Patreon, WeFunder, and GoFundMe to find local businesses in your area that are trying to raise funds.
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In just a few minutes, you can find many small businesses that are looking to raise capital in your community. From raising funds to launch a new product to securing a down payment for a new location, there are businesses right in your backyard that you can help by pledging their campaigns on a crowdfunding site.
The COVID-19 pandemic has hit musicians and the music industry hard. Many people working in the industry will have to find new ways to make a living for more than a year. Without being able to get together for concerts, meet and greets, and music festivals, many musicians find themselves out of work and needing to find a way to make ends meet.
Now that group gatherings are becoming more common, concerts are back on the calendar. Take some time to circle which local venues have reopened and what their concert lineups are. Cities are starting to bring back outdoor concerts, which may be more comfortable for those not yet ready to step foot inside a concert venue. Try to be strategic and watch the performances of local artists, who were greatly influenced by last year’s events.
Supporting community events is a simple way to support the many different areas mentioned above. From art fairs and farmers markets to food festivals and nonprofit events, supporting community events is a great way to touch many lives in your community.
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You can support community events in many different ways beyond just buying tickets or attending. Consider sharing their information on social media, inviting friends and family via email or text messages, volunteering at an event, or donating items or funds.
The ideas above are just a few ways you can easily impact your local economy. As businesses continue to recover from the impact of COVID-19, it is more important than ever that we focus on ways to spread money, capital and support into our communities. By making some smart and strategic decisions about how you spend your time and money, you can make a big impact in your neighborhood.
Learn more about how you can help small businesses and the intricacies of building equity capital in the Ripple Effect podcast episode Fueling Entrepreneurship Through Equitable Capital now.
You can easily mobilize support and capital into your local economy and community by making some simple and strategic decisions. Here’s how.
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FeaturedPodcastFueling Entrepreneurship through Equitable Capital with David Taliaferro Learn how David Taliaferro, co-founder of Lenderfit, is helping local economies and entrepreneurs by creating better access to equity capital. Listen now read more
Lindsay is the Content Marketing Manager, splitting her time between creating blog content, writing reports, and hosting the Practical Genius podcast. She is a proud graduate of the University of Missouri School of Journalism (MIZ!) and loves connecting with others on LinkedIn.
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Lindsay is a writer with a background in journalism and she likes to put her interview skills to work as the host of Practical Genius. She maintains a blog and long-form reports, such as 2022 State of Digital Maturity: Advancing Workflow Automation. Social distancing is not new. In August 1665, as the bubonic plague was spreading in London, Cambridge University closed to protect its students and teachers from the disease. A young Isaac Newton was one of those students.
To avoid the rats and fleas that spread the plague, Newton retired to his family home in the country. The work he did while away was instrumental in developing what would later become calculus and the theory of gravity. And, as the story goes, from his desk at home he can see an apple tree.
As Utah and its residents look to slow the spread of COVID-19, many workers were sent home last week to telecommute or work remotely. Although the occasional bad Apple is using this as an opportunity to burn through the Netflix queue, most employees are looking for ways to maintain their performance and progress in their careers.
As a promoter of clean air and reduced emissions, the Utah Department of Environmental Quality () Division of Air Quality (DAQ) has been touting the benefits of telecommuting for years. Meanwhile, we learned a few things about working from home. We did not expect these proposals to be shared under the current circumstances. However, here are some ideas on how to make the most of telecommuting in the coming weeks.
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