News from the Reference Desk Category: Economic

Money Smart Week goes virtual, April 10-17

Virtual Money Smart Week, April 10 through 17, 2021Virtual Money Smart Week 2021 will be held Saturday, April 10 – Saturday, April 17 . This week-long free virtual campaign aims to help people better manage their personal finances with a focus on those hardest hit by the COVID-19 pandemic. 

This year’s line-up includes: 

Saturday, April 10 @ 10 a.m. 
Talking Cents (The University of Chicago Financial Education Initiative)

  • Sunday, April 11 @ 10 a.m. 
    Savings: A Little Can Make a Big Difference (FINRA Investor Education Foundation)
  • Monday, April 12 @ noon
    Bank On It: Finding Safe + Affordable Bank Accounts (The Economic Awareness Council)
  • Tuesday, April 13 @ 12:30 p.m.
  • Understanding the Basics of Federal Student Loans (U.S. Department of Education, Federal Student Aid)
  • Wednesday, April 14 @ 1 p.m. 
    Tax-Related Fraud + Identity Theft (Internal Revenue Service)
  • Thursday, April 15 @ 1 p.m.
    Managing Personal Finances During Covid-19  (Global Financial Literacy Excellence Center)
  • Friday, April 16 @ noon
    Housing Protections + Resources (Consumer Financial Protection Bureau)
  • Saturday, April 17 @ 10:30 a.m.
    Tips for Managing Money Ups and Downs (University of Wisconsin-Madison, Division of Extension)

View more details at www.moneysmartweek.org. Events are free and open to the public, but registration is advised. Questions for the panelists can be submitted during the registration process.

Mount Prospect COVID-19 Restaurant Assistance Grant Program

The Village of Mount Prospect Mayor, Village Board of Trustees and Economic Development Commission recognize the financial burden on the Village’s restaurant community, and therefore, the Village has established the Mount Prospect COVID-19 Restaurant Assistance Grant Program, which is a grant program to provide funds to Mount Prospect restaurants that have suffered economic loss during the COVID-19 Pandemic (“Grant Program”). The Grant Program will distribute a grant to eligible local businesses to provide cash for short-term financial operational needs such as payroll, payment to suppliers, payment to service providers, payment of utilities, or rent. The Grant may not be used for capital expenditures.

The Village will be dispersing grants of up to $10,000 to qualifying local restaurants, with a fund total of at least $250,000. To be considered an eligible business to receive a Grant, businesses must meet the following requirements:

  1. Have and maintain a current and valid Village of Mount Prospect Business License;
  2. Not have permanently ceased operations as of the date the funds are to be dispensed (businesses that have ceased operations per the Governor’s “Stay at Home” Order and reopened once the Governor’s “Stay at Home” Order was lifted or otherwise allowed will not be considered to have permanently ceased operations);
  3. Generate municipal sales tax as part of its operations and sales;
  4. Generate food and beverage tax as part of its operations and sales;
  5. Have indoor seating for dining;
  6. Not be part of a chain consisting of more than 4 units;
  7. Not be part of a franchise system;
  8. Not be a private club and must be open to the general public;
  9. Not be a home occupation; and
  10. Show evidence that they have suffered a decrease in municipal sales tax eligible sales from March 21, 2020 to the date of the Application when compared to the same time frame in 2019, to be verified by staff. Restaurants opened more recently will need to show loss of sales from date of opening; and
  11. Be in compliance with Restore Illinois Resurgence Mitigations.

Grant Program’s Terms and Conditions.

Applications must be submitted online.

A link will be published at 9:00 a.m. Wednesday, November 18th at WWW.MOUNTPROSPECT.ORG/RESTAURANTGRANT


FIND OUT MORE HERE!

 

Short-term training scholarship to benefit community members impacted by COVID-19

To help those negatively impacted by the COVID-19 pandemic, Harper College is introducing the Moving Forward Scholarship for short-term training programs.

The scholarship will benefit community members who have experienced job loss, require a career change, or have delayed college or employment due to COVID-19. It awards tuition for several Continuing Professional Education programs including contact tracing, medicinal cannabis, human resources certification preparation, real estate licensing, strategic planning, substitute teaching, truck driving and veterinary assistant training. Technology-focused programs include big data, cybersecurity, networking and web development.

Through the Moving Forward Scholarship, Harper aims to help individuals move from unemployment to employment, achieve additional training for a new career, or advance within an existing career. Special consideration will be given in guiding applicants toward relevant academic certificates and degrees to continue their studies. Scholarship recipients will also receive resources on how to conduct a successful job search. In addition, most CPE programs offer digital badges for participants to share training accomplishments with employers.

To learn more and to complete the application for fall 2020 and spring 2021 courses, please visit harpercollege.edu/pro. Applications will be accepted on an ongoing basis through spring 2021.

National Cybersecurity Awareness Month

As we mark National Cybersecurity Awareness Month, now’s a good time to think about protecting your personal information while you’re online. Check out the Consumer Financial Protection Bureau’s (CFPB) blog post to learn three tips for Internet safety.

The CFPB has also created a new fraud prevention placemat and handout to help you share online safety tips with others. They even included black and white handouts you can download to make it even easier to print from home and share with friends and family!