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Home & Business Loans Available for Hurricane Harvey Recovery

IncSmart Texas (Small Business and Startups) - Home and business loans available for Hurricane Harvey recovery.  SBA provides low-interest disaster loans to businesses of all sizes, private non-profit organizations, homeowners, and renters. SBA disaster loans can be used to repair or replace the following items damaged or destroyed in a declared disaster: real estate, personal property, machinery and equipment, and inventory and business assets. 

Protecting your Business From Flood Loss

IncSmart Texas (Small Business and Startups) - FEMA has a web page that will help Texas focus on the preparedness of small business.  It discusses the risks particular to small businesses, the values of preparedness, and the various resources that small businesses can use to reduce impacts and financial damages of disruptive or catastrophic events and to return more quickly to normal operations with nominal effect to the revenue stream.

Creve Coeur Lake Park Awaits National Park Service Waiver

IncSmart Missouri (Small Business and Startups) -  A new multimillion dollar ice rink complex is awaiting approval form the National Park Service.  The new center will serve as a practice facility for the St. Louis Blues, and local St Louis residents youth and amateur hockey organizations.  The new center will be built at Creve Coeur Lake Park.  Creve Coeur Lake Memorial Park is a 2,145-acre St. Louis County park located in Maryland Heights, north east of St. Louis on the Missouri River. 

The Detroit Regional Aerotropolis Expands

IncSmart Michigan (Small Business and Startups) - Penske Logistics opens new distribution center in Michigan.  The city of Romulus is in an area called the Detroit Regional Aerotropolis corridor.  The Detroit Region Aerotropolis Development Corporation comprises seven communities around Detroit Metro and Willow Run Airports.  There are 6,000 acres of land ready for development.

First Football Game September 17

San Francisco Billion Dollar High Rise

IncSmart California  (Small Business and Startups) - The new SalesForce Tower in San Francisco is 1,170 feet tall and 60 stories high.   This tower, now San Francisco's tallest building just feet lower than the new Los Angeles Wilshire Grand.  SalesForce will open in the spring of 2018, in spite of people like Dianne Feinstein.  The new tower is much higher than the downtown height limits she pushed for in the 1970s and the 1980s. 

New Albany Wins Million Dollar Facility

IncSmart Ohio (Small Business and Startups) - Facebook will invest $750 million to build a new center in New Albany Ohio.  New Albany is a suburb of Columbus. The new facility will be powered renewable energy.  For building the center in New Albany, Facebook will avoid paying $37 million in taxes.  This includes $36.25 million in taxes on the computer equipment for the facility,  and a tax abatement from the state.

Maui Grown Therapies Receives Approval

IncSmart Hawaii (Small Business and Startups) - Hawaii has Opened its first marijuana dispensary.  Maui Grown Therapies has received approval from the Hawaii Department of Health to sell medical marijuana.  The dispensary sold marijuana to patients for two hours on Tuesday.  Hawaii was one of the first states to legalize medical marijuana in 2000, but didn't legalize any dispensaries until 2015.  The Department of Health has granted eight medical marijuana dispensaries licenses last year.  Many dispensaries have already began growing medical marijuana, but they were unable to sell in dispensaries until recently.  The delay was not having a certified lab to test the marijuana.

Federal Food Stamp Benefits are Exempt 

 

IncSmart Illinois (Small Business and Startups) - Illinois county rolls out it's new soda tax.  The penny per ounce tax on sugared beverages went into affect August 1.  The tax applies to bottled sweetened beverages which includes soda, sports drinks, energy drinks, flavored water, and pre made sweetened coffee and tea with less than 50% milk content.  The tax makes soft drinks sold in Chicago among the most expensive in the country, joining the cities of Philadelphia and San Francisco. 

Trump Fires 11,000 People

IncSmart Washington DC (Small Business and Startups) - District of Columbia unemployment rate rising.  The Trump Administration has reversed the hiring trend of the previous two administrations - Obama hired 60 thousand in his first 6 months and Bush hires 37 thousand. 

British Petroleum Purchases 33,000 Acres

IncSmart New Mexico (Small Business and Startups) - British Petroleum may have found shale gas in Northwest New Mexico.  The discovery means the Mancos Shale, named after Mancos Colorado,  could become one of America's top shale producing area  The Mancos Shale is part of the San Juan Basin.  the basin stretches from New Mexico and Colorado.  British Petroleum purchased 33,000 acres from Devon Energy. British Petroleum plans to open a new office for the unit in Denver.

Retailers Scrambling to fill Storefronts

IncSmart Massachusetts (Small Business and Startups) - Fort Point in Boston is getting new lifeline.  GE and Amazon are moving staff into their new offices. Amazon to bring 900 employees, and GE will bring 800 employees.  Neighborhood foot traffic will increase substantially in 2018.  Along with GE offices, GE is planning on opening a museum and a coffee shop.  The demand for commercial storefronts is causing an increase in rents for tenants on this once empty neighborhood.  The Boston Planning & Development Agency is also awarding five grants totaling $50,300 to groups at Ft Point for art and education that will benefit the general public. 

Toyota and Mazda Assembly Plant

IncSmart Tennessee (Small Business and Startups) - Tennessee may benefit from a joint investment of Toyota and Mazda new assembly plant.  Toyota Motor Corp and Mazda Motor Corp plan to spend $1.6 billion in a joint venture auto manufacturing plant in the US. The production capacity of 300,000 vehicles. The plant is scheduled to begin operations by 2021.  Toyota will acquire 5.05 percent stake in Mazda.  Mazda will acquire .25 percent stake in Toyota.