ilmeds
Topic: authors | charity & philanthropy | csr | entrepreneurship & innovation | finance & fundraising | general | human resources | ilearn | people | policy & governance | social enterprise | technology | university research
Date: 2013 | 2014 | 2015 | 2016 | 2017 | jan'18 | feb'18 | mar'18 | apr'18 | may'18 | jun'18 | jul'18 | aug'18 | sep'18 | oct'18 | nov'18 | dec'18 | jan'19 | feb'19 | mar'19 | apr'19 | may'19 | jun'19 | jul'19 | aug'19 | sep'19 | oct'19 | nov'19 | dec'19 | jan'20 | feb'20 | mar'20 | apr'20 | may'20 | jun'20 | jul'20 | aug'20 | sep'20 | oct'20 | nov'20 | dec'20
Headlines
Charity report reveals the most missed things of 2020 | Charity Today, 05 jan 2021
CSR is more than just a yearly affair | Campaign Asia, 05 jan 2021
Volunteering: Give a little, boost your job prospects | Irish Examiner, 05 jan 2021
How to get your team invested in cyber security | Charity Digital, 04 jan 2021
Philanthropy Must Go Beyond Traditional Grantmaking | Stanford Social Innovation Review, 04 jan 2021
7 Reasons Why a CSR Strategy Is Imperative For Your Startup | Entrepreneur, 04 jan 2021
6 Trends In Social Enterprise And Impact Investing In 2020 | Forbes, 30 dec 2020
Business leaders hail social entrepreneurship approaches discussed at Sharjah Entrepreneurship Festival 2020 | ZAWYA, 24 dec 2020
Advice for a Better 2021 - According to the Research | YALE INSIGHTS, 21 dec 2021
Philanthropy: What Actually Is It, and Why Is It so Important in Achieving a World That's Equitable? | Global Citizen, 16 dec 2020
July 2020
Mohammad Anas Wahaj | 11 jul 2020
According to the survey conducted to find out impact of COVID-19 pandemic on 567 small businesses and nonprofit organizations in US by the research team of Prof. Samantha Paustian-Underdahl of Florida State University, 15.2% of its participants closed permanently, and 14.5% of participants closed temporarily. Another 31% of participants are operating below 40% capacity, while close to 40% of participants are operating at 40% or higher during COVID-19. The survey also found that 46.7% laid off their employees during COVID-19, while 51% reported that they did not. The average number of employees laid off was 10.5. Prof. Paustian-Underdahl says, 'Small businesses and nonprofits have taken a huge hit during this time, with nearly 30 percent of our sample needing to close temporarily or permanently as of early May. The good news is that most organizations are getting some help.' The survey revealed that 92% received some type of financial assistance from the government's Paycheck Protection Program (PPP) and/or Economic Injury Disaster Loan (EIDL). 75.5% applied for one or both types of government aid. Of participants who applied, 28.9% received PPP funding only, 26.8% received EIDL only, 11.3% received both PPP and EIDL, and 8.3% did not receive anything. Moreover, researchers also found that business owners and nonprofit leaders are experiencing different effects of COVID-19 on their overall well-being and performance, depending on their gender. Prof. Paustian-Underdahl says, 'Consistent with recent research by Gallup , we found that women who own small businesses are experiencing higher levels of stress and burnout during COVID-19 compared to men. While some may assume this could be due to higher work-family-conflict, we found the men surveyed are reporting higher work-family-conflict than women.' Some of the strategies and solutions that respondents have implemented to meet the challenges faced during COVID-19 include - increased communication with employees; an increased focus on implementing technology and creating online content; creating unique ways to contact and keep existing clients instead of seeking new one; increased focus on healthy living, exercise and mental health for their employees and customers. Read on...
Florida State University News:
Survey reveals COVID-19's impact on small business, nonprofits
Author:
Calvin Burrows
©2021, ilmeps
disclaimer & privacy