Links to Critical Resources for Businesses
There is a huge amount allocated, but it will not last forever.
U.S. CHAMBER OF COMMERCE - The Coronavirus Emergency Loan and Small Business Guide and Checklist will take you step-by-step through the process of preparing to file for a loan.
1) SMALL BUSINESS ASSOCIATION (SBA) - The SBA is offering “Economic Injury Disaster Loans”. If you have the need, apply now. In addition, the Paycheck Protection Program is now available and ready to offer assistance to those in need.
2) EMERGENCY FAMILY AND MEDICAL LEAVE ACT (E-FMLA) - The final version of the Families First Coronavirus Response Act was signed into law on March 18 and goes into effect on April 2, 2020. The law expands the FMLA definition of employer to all employers with fewer than 500 employees, and expands the definition of a covered employee to include all employees who have worked for covered employers for at least 30 days. This means more employees will be eligible for up to 12 weeks of unpaid leave. https://www.dol.gov/agencies/whd/fmla/pandemic
3) YELP - Yelp is providing $25 million in COVID-19 relief for independent restaurant and nightlife businesses in the form of waived advertising fees, and free advertising, products, and services. For more information click here.
4) VERIZON - Verizon’s investment of $2.5 million into a Recovery Fund, is making it possible for LISC to begin offering critical relief and resiliency-building support to small businesses. The funding will go to make grants of up to $10,000, especially to entrepreneurs of color, women-owned businesses and other enterprises in historically under-served places who don’t have access to flexible, affordable capital. For more information click here.
5) FACEBOOK - Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where Facebook operates, including the U.S. For more information, https://www.facebook.com/business/boost/grant and resources https://www.facebook.com/business/boost/resource.
6) JAMES BEARD FOUNDATION - The national nonprofit culinary arts organization has launched the Food and Beverage Industry Relief Fund. The Foundation will be gathering support from corporate, foundation, and individual donors to provide micro-grants to independent food and beverage businesses in need. For more information click here.