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SPECIAL FEATURE STORIES FROM AROUND
THE WORLD!
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 COMPANY BOARDS ‘MUST HAVE AT LEAST ONE BAME MEMBER’: The biggest UK firms should have at least one
black, Asian, or minority ethnic (BAME) member on their boards by 2021, business group the CBI has said. Backed by
companies such as Microsoft and law firm Linklaters, it said firms needed to set “clear and stretching targets” to improve diversity.
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INSIGHT CELEBRATES DIVERSITY AND INCLUSION WITH FIRST GLOBAL HARMONY DAY: Insight Enterprises (NASDAQ:NSIT), the global integrator of Insight Intelligent Technology Solutions™ for organizations of all sizes, is honoring Global Diversity Awareness Month today with its inaugural Global Harmony Day, a celebration of Insight’s more than 11,000 teammates worldwide uniting through unique skill sets, experience, backgrounds and personal challenges to create powerful outcomes for our clients, teammates and partners.
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A SNAPSHOT OF WHAT’S HAPPENING
NATIONALLY!
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SBA ANNOUNCES $19M IN GRANTS TO IMPROVE SMALL BUSINESS EXPORTING: The U.S. Small Business
Administration (SBA) has awarded $19 million in grants to 48 state international trade agencies to support the growth of small business exporting. The grants were awarded under the SBA’s State Trade Expansion Program (STEP), which aims to increase the number of small businesses that export, the value of their exports and the number of small companies that seek new trade opportunities.
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MINORITY-OWNED BUSINESS CHALLENGES INCREASED BY PANDEMIC: Not far into the start of the pandemic, there seemed to be an emphasis on supporting small businesses. Advertisements highlighted these businesses, and people encouraged each other to order takeout at the local Mexican place down the road instead of Chipotle. But it’s been more than half a year, and small businesses are still suffering – some more than others.
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YOUR NOVEMBER 2020 NEWS BULLETIN BRIEF
FROM THE…
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GM INVESTING $2B IN SPRING HILL PLANT TO BUILD ELECTRIC VEHICLES, INCLUDING CADILLAC LYRIQ: General Motors plans to spend $2 billion to convert its Spring Hill, Tennessee, assembly plant into a third U.S. site to build future electric vehicles. The company will build the Cadillac Lyriq, a small electric SUV at the Spring Hill factory.
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$50 MILLION MORE IN COVID RELIEVE WILL TARGET TN’S MINORITY-OWNED BUSINESSES: In an Oct. 7 press release from the governor’s office, Tennessee
Governor Bill Lee, along with the Financial Stimulus Accountability Group (FSAG), announced $50 million in federal COVID-19 relief funds in the new Supplemental Employer Recovery Grant (SERG) program. This wave of funding will include economic relief
for small businesses owned by minorities, women, veterans and the disabled that have suffered as a result of the COVID-19 pandemic.
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AS MILLIONS OF AMERICANS FACE WILDFIRES AND HURRICANES, THIS KENTUCKY STARTUP HELPS THEM REBUILD FASTER: Natural disasters including
Midwestern windstorms, Gulf Coast hurricanes and West Coast wildfires have wreaked havoc for millions of Americans this year. Settling insurance claims and rebuilding after a disaster is a burdensome task, and all the harder during a global pandemic. That’s where Louisville-based insurance tech start-up WeatherCheck comes in. (TSMSDC Certified MBE).
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NUCOR BREAKS GROUND ON $1.7 BILLION, 400-JOB STEEL MILL IN BRANDENBURG: Today, Gov. Andy Beshear congratulated Nucor Corp. on breaking ground on the company’s 400-job, $1.7 billion steel plate manufacturing mill in Meade County, a project expected to employ up to 1,500 contractors during construction.
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$60 MILLION BERKELEY SPRINGS BYPASS CONTRACT AWARDED TO TRUMBULL CORPORATION: West Virginia recently awarded the Berkeley Springs Bypass contract – a Roads to Prosperity project – to Trumbull Corporation, with an winning bid of $59,822,690.44.
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WEST VIRGINIA AMERICAN WATER AND PAGE-KINCAID PUBLIC SERVICE DISTRICT REACH AGREEMENT ON SYSTEM ACQUISITION: The Mountain State
set course Thursday to become the hyperloop state when Virgin Hyperloop announced that a portion of Northeast West Virginia will be the location of a testing and certification center for the high-speed transportation system. The $500-million Hyperloop Certification Center will be constructed on nearly 800 acres of land in Grant and Tucker counties, an area selected, in part, because of its topography and proximity to large population centers in the Eastern United States…
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NO LIMITS … JUST OPPORTUNITIES
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