It allocates UAH 500,000 (an equivalent of $18,600) to support five projects with innovative solutions “to reform an existing business given the new realities of the coronavirus,” the project’s website says. All ideas and businesses need to be created and implemented by women.
It pledged to buy unlimited amounts of bonds to keep borrowing costs low as the Japanese government tries to mitigate Covid-19’s economic impacts. The central bank also said it would buy government bonds and short-term securities actively to keep markets stable.
The cloud-based software company Salesforce is establishing its $10,000 recovery grants for small and midsize businesses affected by Covid-19. The company plans to distribute 300 grants totalling $3 million companies in the United States. Another $2 million in grants will go to companies overseas. Companies will be notified by June.
The companies include those in the airline industry, such as Delta, Alaska Air and United; hotels, such as Marriott and Hyatt; and gyms. CEOs have announced that they are taking partial or full pay cuts to help protect their businesses from layoffs and closure, even till the end of the…
Do you know about any initiative, action, project, law… anything which tries to solve effect of COVID-19? Let us know!