SMALL BIZ INFO AT SKYMART VENTURE PLACE

On Wednesday, July 31, SCORE Knoxville will host a panel discussion with the U.S. Small Business Administration Tennessee District Office and the U.S. Department of Agriculture on financial assistance options for small businesses.

Discussions will include SBA and USDA loan programs to assist in starting, operating, maintaining, or expanding a small business, along with the importance of a business plan and how to create one.

This discussion will be held from 11 a.m. to noon at SkyMart Venture Place in Morristown. For more information and to register, visit: http://ow.ly/au1S30oZMPB.

FLOOD GRANT

U.S. Secretary of Commerce Wilbur Ross announced Wednesday that the Department’s Economic Development Administration is awarding a $2.7 million grant to the city of Dayton, Tennessee, to upgrade critical water infrastructure needed to protect local businesses from future flood events. The grant, to be matched with $11.8 million in local funds, is expected to help create 660 jobs and spur more than $415 million in private investment.

The project was made possible by the regional planning efforts led by the Southeast Tennessee Development District.

It is funded under the Bipartisan Budget Act of 2018 in which Congress appropriated to EDA $600 million in additional Economic Adjustment Assistance Program funds for disaster relief and recovery as a result of Hurricanes Harvey, Irma, and Maria, wildfires and other calendar year 2017 natural disasters under the Stafford Act.

PAY BOUNCE

Miners across the country experienced problems with their paychecks when coal producer Blackjewel recently filed for bankruptcy.

An estimated 200 of the 1,700 affected miners live in Harlan County, with nearly 1,100 of them spread across Appalachia in Eastern Kentucky, Virginia and West Virginia, and another 600 in northeast Wyoming.

They were sent home abruptly and told they were going to get paid. But for now, they are still out thousands of dollars in pay.

Blackjewel filed for Chapter 11 bankruptcy protection last week, with the Associated Press reporting the company owes at least $500 million in liabilities.

From published reports.

HELLO KITTY

BRUSSELS (AP) — European Union authorities on Tuesday fined the Japanese company behind Hello Kitty for restricting cross-border online sales of toys, mugs, bags and other products featuring the cartoon cat girl.

Sanrio Co. was fined $7 million. the com4x12