The Japanese government will use a public and private sector fund to financially support small and medium-sized businesses hit by theThe plan is to funnel as much as JPY1 trillion to qualifying companies via the fund starting by the middle of May, with each getting approximately JPY100 million .
The targets of the funding initiative are companies that cannot presently survive on bank financing alone, but can be expected to recover once the threat of the virus recedes. One main criterion is that they employ at least 50 people and have sales of 1 billion yen or more annually. Also, companies that were already in financial difficulties before the crisis hit will not be eligible.
Whether the Japanese film industry will benefit from this initiative remains to be seen. In particular danger are arthouses, locally called ‘mini-theaters,’ that support
other countries cant do it 😏
If like the U.S. it will be hedge funds and investment groups.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Lakers return $4.6 million loan they received as part of government's small-business programLakers return $4,600,000 loan they received as part of government's small-business program The Lakes actually applied for the loan. Perhaps that is the issue.
La source: YahooNews - 🏆 380. / 59 Lire la suite »
U.S. banks battle technology issues in race for $310 billion in new small-business aidU.S. bankers racing to grab $310 billion in fresh small-business aid worked through the night on Tuesday, with many battling ongoing technology problems created by 11th hour changes to the first-come-first-served program, multiple bankers said. One of the troubles with this country are the banks, keep them out of the small business loans in the bailout. Keep big Banks out today. Sorry, but this isn't going to go to small businesses. We've already seen what they think is a 'small business'.
La source: Reuters - 🏆 2. / 97 Lire la suite »
T-Mobile for Business BrandVoice: How Mobility Is Helping Three Small Businesses Stay In BusinessHere's how small businesses are turning to mobility and connectivity in large numbers to keep their doors open—if only virtually Sponsored by TMobileBusiness TMobileBusiness It's a great idea, and I think it needs to be used by more business owners who have those capabilities. TMobileBusiness Interested
La source: Forbes - 🏆 394. / 53 Lire la suite »
Loopholes In Small Business Relief Program Allow Thriving Companies To Cash InThe Paycheck Protection Program is designed to help small businesses from falling off a cliff during the pandemic, but some companies on firm ground have gotten millions to expand. Could have been the point all along, no? Breaking news: WATER IS WET!! Oversight provided by Donald J Trump. EPIC FAIL AGAIN
La source: NPR - 🏆 96. / 63 Lire la suite »