The director of the Department of Small and Local Business Development (DSLBD) provides an update on support for small businesses during the COVID-19 pandemic. The District has extended its state of emergency and DSLBD is working to provide financial support through grants, technical support through its PTAC team, and general information on resources. It summarizes several Small Business Administration loan and debt relief programs that small businesses can apply for.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
For the fifth straight year, Mayor Bowser has increased funding commitments to support DC small businesses. The FY20 budget allocates $910 million for small business opportunities, exceeding the previous year's goal. DSLBD also launched the DC Capital Connector online portal to connect small businesses with lenders and launched a mentor-protege program with DGS to provide opportunities and capital access. DSLBD hosted its second annual District Connect Expo with over 400 attendees to facilitate business connections.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
1. The document is the mayor of Jacksonville's address to the city council about the proposed 2012-13 budget.
2. The mayor highlights that the budget eliminates $68.7 million in expenses while keeping spending at $945 million, the lowest since 2008. This was done without raising taxes, fees, or tapping reserves.
3. The mayor discusses challenges like a $46 million increase in required pension spending. Nearly 500 positions must be eliminated through attrition and layoffs to balance the budget. The mayor calls for pension reform.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
For the fifth straight year, Mayor Bowser has increased funding commitments to support DC small businesses. The FY20 budget allocates $910 million for small business opportunities, exceeding the previous year's goal. DSLBD also launched the DC Capital Connector online portal to connect small businesses with lenders and launched a mentor-protege program with DGS to provide opportunities and capital access. DSLBD hosted its second annual District Connect Expo with over 400 attendees to facilitate business connections.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
About DSLBD
Mission
The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District's commercial corridors.
Vision
DSLBD envisions a business environment in which: DC businesses are connected in real-time with local, federal, and global business opportunities; businesses navigate government quickly, confidently, and effectively; and, every entrepreneur and business with a great idea and a great plan has the capital to make it happen.
1. The document is the mayor of Jacksonville's address to the city council about the proposed 2012-13 budget.
2. The mayor highlights that the budget eliminates $68.7 million in expenses while keeping spending at $945 million, the lowest since 2008. This was done without raising taxes, fees, or tapping reserves.
3. The mayor discusses challenges like a $46 million increase in required pension spending. Nearly 500 positions must be eliminated through attrition and layoffs to balance the budget. The mayor calls for pension reform.
The annual report summarizes Capital Area Asset Builders' (CAAB) programs and services over the past year. CAAB provides financial education and matched savings programs to help low-income residents of Washington, D.C. improve their financial skills, increase savings, and build wealth. Specifically, the report discusses CAAB's individual development account (IDA) and marriage development account (MDA) programs that provide a match of $3 for every $1 saved for goals like education, homeownership, and small business startups. It highlights the community impact of CAAB's work in strengthening neighborhoods and empowering residents through increased asset ownership and financial independence.
2.24.11 mayor ballard delivers 2011 state of the city addressAbdul-Hakim Shabazz
Mayor Ballard delivered his 2011 State of the City address, highlighting Indianapolis' economic progress and job growth in 2010 despite challenges. He discussed attracting over 8,700 new job commitments and $900 million in investments last year, the most in over a decade. Ballard also addressed redevelopment plans for the shuttered GM stamping plant and continuing job training programs. He emphasized maintaining a strong fiscal position through budget cuts and balanced budgets while still investing in infrastructure like parks, pools and sewers.
The document is a report on the second year of the Worker Cooperative Business Development Initiative (WCBDI) in New York City. It summarizes that in Fiscal Year 2016, the WCBDI helped incubate 27 new worker cooperatives through various partner organizations. These partners provided over 700 services to 114 business entities and worker cooperatives. They reached over 2,000 entrepreneurs and helped create 164 jobs. The report highlights some of the business incubation and financing services provided to help worker cooperatives launch and grow in New York City.
The RE Investment News is the monthly newsletter for Mid-America Association of Real Estate Investors serving the real estate investment communities in KS & MO since 2004. Visit our website to learn more at www.MAREI.org
The document summarizes the mission and activities of BizFed, a federation of over 155 business organizations in LA County representing 275,000 employers and 3 million employees. BizFed advocates for policies to strengthen the regional economy on issues such as transportation, environment, taxes, and regulation. It mobilizes its diverse membership to influence leaders and achieve advocacy wins like job creation programs and protecting access to affordable fuel.
Community Resources is a non-profit organization that aims to support Yellow Springs' economic and cultural life by coordinating with local groups and businesses. It is currently focused on developing a commerce and education park called the Center for Business and Education to address issues like lost tax revenue and a lack of space for business growth. Community Resources is proposing forming a Community Improvement Corporation (CIC) that could help with economic development projects and act as the Village's designated agency for such work. Other examples of CICs provided include those in Miamisburg, Lake County, and Reading, Ohio.
Governor Pence's Roadmap 2014 jobs and economyHoosierAccess
Governor Pence's 2014 roadmap outlines several initiatives to spur economic growth and job creation in Indiana, including phasing out the business personal property tax, developing plans to attract private investment and improve quality of life in regional cities, creating a talent initiative to recruit entrepreneurs, making it easier for new businesses to raise capital by exempting some from state securities laws, streamlining the business permitting process, and investing $400 million in highway expansion projects.
This document provides an organizational report for OBDC as of May 2015. It summarizes OBDC's mission to create economic opportunity by empowering entrepreneurs through loans and business support. It highlights some of OBDC's impact statistics over the past 5-10 years, including providing over $23 million in loans to 323 businesses, creating and sustaining over 2,600 jobs. It also profiles some of OBDC's borrowers and programs in Oakland, San Francisco, and for veterans. The report concludes with an overview of OBDC's staff and supporters.
Accion Chicago provides small business loans and coaching to entrepreneurs in Illinois and Northwest Indiana. In 2014, Accion made 535 loans totaling $4.8 million, creating or maintaining an estimated 2,408 jobs. The loans supported a variety of businesses, including 54% to startups, 66% to minorities, and 43% to women. Accion celebrated its 20th anniversary in 2014 while continuing to partner with various organizations to support small businesses and expand its impact.
AAGP Broward Chapter Gestner Presentation July 2009 Final (2)deborahgoldengestner
Presentation by Deborah S. Golden-Gestner, GPC regarding NEW REVENUE OPTIONS for GRANT PROFESSIONALS who are looking for capital, programming & operational grant dollars. Powerpoint presentation.
This newsletter provides updates on small business resources and programs in Michigan. It announces an upcoming procurement event for small businesses to meet with government buyers. It also shares statistics showing an increase in SBA loan activity and numbers in 2010 compared to 2009. Additionally, it includes information on affordable healthcare options and requirements under the new healthcare law.
The document discusses the work and goals of The Siouxland Initiative (TSI), a private sector economic development organization for the tri-state Siouxland region of Iowa, Nebraska, and South Dakota. It provides an overview of TSI's activities promoting business recruitment, retention, and entrepreneurship. It also outlines TSI's future goals, which include addressing workforce needs, developing housing, and expanding their online presence and business retention programs. The letter requests annual donations to support TSI's regional economic development efforts.
The Real Estate News is the Newsletter for Mid-America Association of Real Estate Investors based in Kansas City and serving Investors Nationwide. MAREInet.com / MAREI.org
This document provides information about title insurance. It begins by explaining that title insurance protects homeowners from issues with the legal ownership of a property that occurred in the past, such as unpaid liens or forged documents. It describes the two types of title insurance policies - an owner's policy that protects the homeowner and a lender's policy that protects the mortgage lender. It provides examples of types of past issues that an owner's basic title insurance policy would cover, and explains that it does not cover new issues caused by the homeowner after purchasing the property. The document encourages readers to ask questions to understand any exceptions listed for full coverage details. It concludes by describing the basic elements that a lender's title insurance policy covers to protect
People Incorporated Financial Services provides business training, technical assistance, and loans to promote economic development in Western Virginia. They offer programs like BusinessStart classes, a consumer loan program for expenses up to $10,000, and partner with the Ninth District Development Financing for tourism-related business loans. The organization works to improve the quality of life in the region by supporting small business ownership and job creation, especially for customers who may not qualify for traditional bank financing.
The document is the August 2013 issue of the New Jersey REALTOR magazine. It contains articles thanking RPAC donors and encouraging others to donate. One article discusses how RPAC donations support legislation favorable to real estate professionals, such as allowing electronic signatures on contracts. The president's column also encourages members to invest in RPAC, noting it supports around $15 per member and benefits their livelihood similarly to paying union dues. The issue highlights upcoming events and legislative successes from RPAC contributions.
Patrick Marshall submitted his qualifications to serve as a Canadian consultant for a business planning mission in the Philippines to support local government units. He has over 30 years of experience in business and economic development in Canada, including work with urban, regional, rural and aboriginal governments. Marshall provides references who can attest to his expertise in strategic planning, project management, stakeholder engagement and facilitating economic growth. He is available from September 26 to October 27, 2013 for an assignment in the Philippines.
Statement on the Economyby Hon Julius Espat--PUP Press Conference jJne 12, 2012pupbelize
The country is facing extreme economic difficulties with no leadership from the government. Key issues include high unemployment, businesses closing, declining foreign investment, and poverty. The government has not passed a budget in months and is being run remotely by the Prime Minister. Major reforms are needed to stimulate the economy, including streamlining regulations, reducing taxes, and encouraging agriculture and tourism. International investors have proposed projects that would create jobs but the government is not providing adequate support and cooperation. The people of Belize must demand better leadership and solutions from their government.
Citizfied is a citizen engagement app for municipalities to interact with citizens anywhere and anytime. It aims to increase citizen participation and knowledge of municipal operations. The team of 5 includes experts in government, technology, and business development. Citizfied is in discussions with New Jersey counties and Miami-Dade to fund development costs and plans to sell to municipalities through existing channels. However, the app currently has no prototype or user base, and relies on municipalities to drive citizen adoption, which may be difficult. Wasabi Ventures declines to invest as Citizfied prioritizes social impact over profits with no clear exit strategy.
This document summarizes a proposal by US Citizenship and Immigration Services (USCIS) to partner with the Department of Commerce (DOC) to promote and administer the EB-5 immigrant investor visa program. It notes that the EB-5 program has been underutilized and has created limited jobs. The proposal suggests that USCIS and DOC work together through an inter-agency working group, with DOC assisting in making the EB-5 program more accessible to foreign investors through administrative efficiencies and promotion, while USCIS manages the visa portion. The goal would be to increase awareness, utilization and job creation through the EB-5 program.
The CARES Act provides $2 trillion in emergency relief for individuals and small businesses affected by COVID-19. It includes the Paycheck Protection Program which provides loans that can be forgiven if payroll is maintained, Economic Injury Disaster Loans and grants of up to $10,000 for small businesses, and allows deferral of payroll taxes until 2021-2022. The document provides details on these and other programs to help small businesses and answers frequently asked questions.
Small businesses need business loans to survive the covid 19Merchant Advisors
Small businesses impacted by the COVID-19 pandemic can apply for Economic Injury Disaster Loans from the Small Business Administration of up to $2 million at low interest rates. Congress is considering allocating $50 billion in loans for businesses through the SBA's 7(a) loan program. To apply for these coronavirus business loans, impacted counties must provide documentation on affected local businesses to the SBA to expedite the approval process.
The annual report summarizes Capital Area Asset Builders' (CAAB) programs and services over the past year. CAAB provides financial education and matched savings programs to help low-income residents of Washington, D.C. improve their financial skills, increase savings, and build wealth. Specifically, the report discusses CAAB's individual development account (IDA) and marriage development account (MDA) programs that provide a match of $3 for every $1 saved for goals like education, homeownership, and small business startups. It highlights the community impact of CAAB's work in strengthening neighborhoods and empowering residents through increased asset ownership and financial independence.
2.24.11 mayor ballard delivers 2011 state of the city addressAbdul-Hakim Shabazz
Mayor Ballard delivered his 2011 State of the City address, highlighting Indianapolis' economic progress and job growth in 2010 despite challenges. He discussed attracting over 8,700 new job commitments and $900 million in investments last year, the most in over a decade. Ballard also addressed redevelopment plans for the shuttered GM stamping plant and continuing job training programs. He emphasized maintaining a strong fiscal position through budget cuts and balanced budgets while still investing in infrastructure like parks, pools and sewers.
The document is a report on the second year of the Worker Cooperative Business Development Initiative (WCBDI) in New York City. It summarizes that in Fiscal Year 2016, the WCBDI helped incubate 27 new worker cooperatives through various partner organizations. These partners provided over 700 services to 114 business entities and worker cooperatives. They reached over 2,000 entrepreneurs and helped create 164 jobs. The report highlights some of the business incubation and financing services provided to help worker cooperatives launch and grow in New York City.
The RE Investment News is the monthly newsletter for Mid-America Association of Real Estate Investors serving the real estate investment communities in KS & MO since 2004. Visit our website to learn more at www.MAREI.org
The document summarizes the mission and activities of BizFed, a federation of over 155 business organizations in LA County representing 275,000 employers and 3 million employees. BizFed advocates for policies to strengthen the regional economy on issues such as transportation, environment, taxes, and regulation. It mobilizes its diverse membership to influence leaders and achieve advocacy wins like job creation programs and protecting access to affordable fuel.
Community Resources is a non-profit organization that aims to support Yellow Springs' economic and cultural life by coordinating with local groups and businesses. It is currently focused on developing a commerce and education park called the Center for Business and Education to address issues like lost tax revenue and a lack of space for business growth. Community Resources is proposing forming a Community Improvement Corporation (CIC) that could help with economic development projects and act as the Village's designated agency for such work. Other examples of CICs provided include those in Miamisburg, Lake County, and Reading, Ohio.
Governor Pence's Roadmap 2014 jobs and economyHoosierAccess
Governor Pence's 2014 roadmap outlines several initiatives to spur economic growth and job creation in Indiana, including phasing out the business personal property tax, developing plans to attract private investment and improve quality of life in regional cities, creating a talent initiative to recruit entrepreneurs, making it easier for new businesses to raise capital by exempting some from state securities laws, streamlining the business permitting process, and investing $400 million in highway expansion projects.
This document provides an organizational report for OBDC as of May 2015. It summarizes OBDC's mission to create economic opportunity by empowering entrepreneurs through loans and business support. It highlights some of OBDC's impact statistics over the past 5-10 years, including providing over $23 million in loans to 323 businesses, creating and sustaining over 2,600 jobs. It also profiles some of OBDC's borrowers and programs in Oakland, San Francisco, and for veterans. The report concludes with an overview of OBDC's staff and supporters.
Accion Chicago provides small business loans and coaching to entrepreneurs in Illinois and Northwest Indiana. In 2014, Accion made 535 loans totaling $4.8 million, creating or maintaining an estimated 2,408 jobs. The loans supported a variety of businesses, including 54% to startups, 66% to minorities, and 43% to women. Accion celebrated its 20th anniversary in 2014 while continuing to partner with various organizations to support small businesses and expand its impact.
AAGP Broward Chapter Gestner Presentation July 2009 Final (2)deborahgoldengestner
Presentation by Deborah S. Golden-Gestner, GPC regarding NEW REVENUE OPTIONS for GRANT PROFESSIONALS who are looking for capital, programming & operational grant dollars. Powerpoint presentation.
This newsletter provides updates on small business resources and programs in Michigan. It announces an upcoming procurement event for small businesses to meet with government buyers. It also shares statistics showing an increase in SBA loan activity and numbers in 2010 compared to 2009. Additionally, it includes information on affordable healthcare options and requirements under the new healthcare law.
The document discusses the work and goals of The Siouxland Initiative (TSI), a private sector economic development organization for the tri-state Siouxland region of Iowa, Nebraska, and South Dakota. It provides an overview of TSI's activities promoting business recruitment, retention, and entrepreneurship. It also outlines TSI's future goals, which include addressing workforce needs, developing housing, and expanding their online presence and business retention programs. The letter requests annual donations to support TSI's regional economic development efforts.
The Real Estate News is the Newsletter for Mid-America Association of Real Estate Investors based in Kansas City and serving Investors Nationwide. MAREInet.com / MAREI.org
This document provides information about title insurance. It begins by explaining that title insurance protects homeowners from issues with the legal ownership of a property that occurred in the past, such as unpaid liens or forged documents. It describes the two types of title insurance policies - an owner's policy that protects the homeowner and a lender's policy that protects the mortgage lender. It provides examples of types of past issues that an owner's basic title insurance policy would cover, and explains that it does not cover new issues caused by the homeowner after purchasing the property. The document encourages readers to ask questions to understand any exceptions listed for full coverage details. It concludes by describing the basic elements that a lender's title insurance policy covers to protect
People Incorporated Financial Services provides business training, technical assistance, and loans to promote economic development in Western Virginia. They offer programs like BusinessStart classes, a consumer loan program for expenses up to $10,000, and partner with the Ninth District Development Financing for tourism-related business loans. The organization works to improve the quality of life in the region by supporting small business ownership and job creation, especially for customers who may not qualify for traditional bank financing.
The document is the August 2013 issue of the New Jersey REALTOR magazine. It contains articles thanking RPAC donors and encouraging others to donate. One article discusses how RPAC donations support legislation favorable to real estate professionals, such as allowing electronic signatures on contracts. The president's column also encourages members to invest in RPAC, noting it supports around $15 per member and benefits their livelihood similarly to paying union dues. The issue highlights upcoming events and legislative successes from RPAC contributions.
Patrick Marshall submitted his qualifications to serve as a Canadian consultant for a business planning mission in the Philippines to support local government units. He has over 30 years of experience in business and economic development in Canada, including work with urban, regional, rural and aboriginal governments. Marshall provides references who can attest to his expertise in strategic planning, project management, stakeholder engagement and facilitating economic growth. He is available from September 26 to October 27, 2013 for an assignment in the Philippines.
Statement on the Economyby Hon Julius Espat--PUP Press Conference jJne 12, 2012pupbelize
The country is facing extreme economic difficulties with no leadership from the government. Key issues include high unemployment, businesses closing, declining foreign investment, and poverty. The government has not passed a budget in months and is being run remotely by the Prime Minister. Major reforms are needed to stimulate the economy, including streamlining regulations, reducing taxes, and encouraging agriculture and tourism. International investors have proposed projects that would create jobs but the government is not providing adequate support and cooperation. The people of Belize must demand better leadership and solutions from their government.
Citizfied is a citizen engagement app for municipalities to interact with citizens anywhere and anytime. It aims to increase citizen participation and knowledge of municipal operations. The team of 5 includes experts in government, technology, and business development. Citizfied is in discussions with New Jersey counties and Miami-Dade to fund development costs and plans to sell to municipalities through existing channels. However, the app currently has no prototype or user base, and relies on municipalities to drive citizen adoption, which may be difficult. Wasabi Ventures declines to invest as Citizfied prioritizes social impact over profits with no clear exit strategy.
This document summarizes a proposal by US Citizenship and Immigration Services (USCIS) to partner with the Department of Commerce (DOC) to promote and administer the EB-5 immigrant investor visa program. It notes that the EB-5 program has been underutilized and has created limited jobs. The proposal suggests that USCIS and DOC work together through an inter-agency working group, with DOC assisting in making the EB-5 program more accessible to foreign investors through administrative efficiencies and promotion, while USCIS manages the visa portion. The goal would be to increase awareness, utilization and job creation through the EB-5 program.
The CARES Act provides $2 trillion in emergency relief for individuals and small businesses affected by COVID-19. It includes the Paycheck Protection Program which provides loans that can be forgiven if payroll is maintained, Economic Injury Disaster Loans and grants of up to $10,000 for small businesses, and allows deferral of payroll taxes until 2021-2022. The document provides details on these and other programs to help small businesses and answers frequently asked questions.
Small businesses need business loans to survive the covid 19Merchant Advisors
Small businesses impacted by the COVID-19 pandemic can apply for Economic Injury Disaster Loans from the Small Business Administration of up to $2 million at low interest rates. Congress is considering allocating $50 billion in loans for businesses through the SBA's 7(a) loan program. To apply for these coronavirus business loans, impacted counties must provide documentation on affected local businesses to the SBA to expedite the approval process.
The $2 trillion federal coronavirus relief package signed recently, officially known as the CARES Act, includes the nearly $350 Paycheck Protection Program to help small businesses affected by the Coronavirus Pandemic. The new loan program is designed to help small businesses with their payroll and other business operating expenses. The Small Business Administration (SBA) will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest.
The SBA and the Department of Treasury have released the information that will guide the programs. To help entrepreneurs better understand how can they benefit from the program, we created the webinar in partnership with the SBA, Cambridge Trust and the law firm Nutter to answer questions including:
Who are eligible for a Paycheck Protection Program loan?
How do businesses apply? What information is needed?
How much money can a business receive through the loan program?
When will the loans be available?
What’s the interest rate?
What does the payment schedule look like?
How does the Affiliation Rules affect VC-backed startup’s eligibility?
Can the loan eventually be forgiven? What’s the eligibility for loan forgiveness?
What if the PPP Loan does not cover a business’s needs? What are the other options under the CARES Act?
DSLBD and our partners at the Small Business Administration (SBA), KPMG Spark and HSBC hosted a special small business webinar on Thursday, April 30 to discuss the DC Capital Connector - a District Government online tool that provides access to capital for small businesses - and other funding opportunities for District-based small businesses.
Coronavirus Financial Assistance ProgramsMark Gottlieb
[Attorneys of All Disciplines] Under The Caption - "Must Be Shared" - Download our PowerPoint Presentation discussing the various Coronavirus Financial Assistance Programs. Many of you are also eligible. Call us if you need further assistance.
[퐀퐭퐭퐨퐫퐧퐞퐲퐬 퐨퐟 퐀퐥퐥 퐃퐢퐬퐜퐢퐩퐥퐢퐧퐞퐬] 퐔퐧퐝퐞퐫 퐓퐡퐞 퐂퐚퐩퐭퐢퐨퐧 - "퐌퐮퐬퐭 퐁퐞 퐒퐡퐚퐫퐞퐝"- Download our PowerPoint Presentation discussing the various Coronavirus Financial Assistance Programs. Many of you are eligible. Call us if you need further assistance.
This document provides information from the California Employment Development Department (EDD) to support both employers and employees during the COVID-19 pandemic. It discusses several California benefit programs administered by EDD that may provide financial support, including:
- Disability Insurance for employees unable to work due to illness such as COVID-19
- Paid Family Leave for those caring for ill family members
- Unemployment Insurance for those who lose their jobs or have hours reduced
- Paid sick leave if employees cannot work while sick
- Workers' compensation if employees contract COVID-19 on the job
The EDD aims to process Disability Insurance claims within a few weeks and provides up to $1,300 per week for up
This document outlines various potential local, federal, and private funding sources for project B21-463. It identifies over $10 million available from local DC sources including investment revenue, unused funds, and jail commissary profits. Federal sources include over $5 million from programs like WIOA, the Department of Labor, and the Second Chance Act. Public-private partnerships and microloans from organizations like KivaZip and the SBA are also outlined. Private foundations supporting entrepreneurship education and inclusive entrepreneurship are mentioned as potential supplemental sources.
Rod Johnson presented updates on funding options through the SBA, including the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). Key points include:
- PPP loans are now available for a second draw of up to $2 million for businesses that experienced a 25% revenue decline in 2020. Loan amounts are calculated at 2.5x average monthly payroll.
- Non-payroll expenses that can be covered by PPP loans have been expanded to include software, property damage from social unrest, and COVID-19 protective equipment.
- Targeted loans of up to $250,000 are available for businesses with 10 or fewer employees located in underserved communities.
- E
Pre-Summit Workshop - New Markets Tax Credit Presentationkingdom1realty
What are New Markets Tax Credits?
First tax credit program to stimulate commercial investment in “low-income communities”
The program is administered by the US Treasury Department through a division call the CDFI Fund, in a unique public/private partnership with Community Development Entities (CDEs)
Utah Governor's Office of Economic Development presents new programs that can help small businesses with the challenges of staying open during Covid 19.
The Wisconsin economic development team offers a variety of business incentive programs through partners like state agencies and local economic officials. These include programs that provide grants for workforce training, loans for business startups and expansions, tax credits for hiring and environmental remediation, and funding for transportation and energy efficiency projects. Businesses can contact the Wisconsin Department of Commerce to learn more about available financial assistance and incentives.
Webinar presented by TMA SoCal featuring panelists from Business Capital, Midcap Financial and Robins Kaplan with perspectives on borrowing, lending and legal implications during the COVID-19 crisis.
Covid 19 impact on lenders & borrowers webinarChuck Doyle, CTP
Webinar presented by TMA SoCal featuring panelists from Business Capital, Midcap Financial and Robins Kaplan with perspectives on borrowing, lending and legal implications during the COVID-19 crisis.
Webinar presented by TMA SoCal featuring panelists from Business Capital, Midcap Financial and Robins Kaplan with perspectives on borrowing, lending and legal implications during the COVID-19 crisis.
Culture Collective Coronavirus SBA Finance (3-29-2020)Chris Van Noy
Explanation of the financing options available from the CARES Act (3-27-2020) for small business - focusing on the music industry.
Culture Collective - Jonathan Azu
Red Road Advisory - Chris Van Noy
Leveraging Federal Financial Assistance Programs During COVID-19Kareo
Bill Finerfrock, HBMA Director of Government Affairs, will break down the CARES Act and its associated programs to provide you with key takeaways to help ease financial burdens and maintain current staff levels.
In this webinar, Bill will discuss:
-New Paycheck Protection Program
-Other SBA (Small Business Association) programs
-Medicare Advanced Payment Options
-Provider Lost Revenue Program
The SBA provides assistance to small businesses through 10 regional and 69 district offices. It offers various programs including financial assistance, contracting assistance, entrepreneurship education, and support for technology development and innovation. The SBA works with partners to help small businesses start and grow but does not provide direct loans, instead guaranteeing loans made by conventional lenders.
The document summarizes key aspects of the Paycheck Protection Program (PPP) established by the CARES Act to provide relief to small businesses during the COVID-19 pandemic. The PPP offers 100% SBA-guaranteed loans of up to $10 million for eligible small businesses to cover payroll costs and other qualified expenses, with the potential for the entire loan to be forgiven if used for payroll and other approved costs. Skyway Capital Markets provides an overview of PPP loan eligibility requirements, how much can be borrowed and forgiven, loan terms, and how they can help streamline the application process through their online portal and partnerships with local lenders.
This document provides information from Withum about various federal, state, and local financial assistance programs for small businesses impacted by COVID-19, including:
- SBA loan programs like Economic Injury Disaster Loans, Paycheck Protection Program loans, and standard 7(a) loans
- State and local grant and loan programs from places like NYC, Philadelphia, Florida, Los Angeles, San Francisco, and New Jersey
- Tips for small businesses on applying for assistance, including gathering financial documents and talking to their bank about SBA loans
- Updates on the federal tax filing and payment deadline being extended to July 15, 2020.
CARES ACT - Economic Relief to Families and BusinessesRajesh Damarapati
CARES ACT is aimed at providing relief for individuals and businesses that have been negatively impacted by the coronavirus outbreak. While that is great news, in and of itself, presentation covers some of the key provisions included in the bill and what that may mean for you
CARES ACT - Economic Relief to Families and Businesses
The SmallBiz Quarterly | FY20 Q2
1. The SmallBiz Quarterly
MESSAGE FROM THE DIRECTOR
Greetings District Business Community,
Last week, Mayor Bowser issuedMayor’s
Order 2020-063 to extend the state of
emergency and public health emergency
for Washington, DC through May 15, 2020, as
the District continues to fight the spread of
the coronavirus (COVID-19).
The COVID-19 pandemic has disrupted our
lives, our businesses and our economy. We
find ourselves in unprecedented times. But
one thing that remains ever-constant is the
strength and tenacity of the entrepreneurial
spirit that drives our small business
community. The Department of Small and
Local Business Development (DSLBD) is
working tirelessly to support the broadest
coalition of small business and stakeholders. Our goal in this first month has been to garner as
much financial support, technical support, and information possible and to share it regularly
with the entire business community.
FINANCIAL SUPPORT
On March 15, we closed our Robust Retail round of funding. Thanks to additional support
from Mayor Bowser, DSLBD was able to award almost $800,000 to more than 100 businesses.
I’m proud to say that thanks to the hard work of my team many of grantees received these
critical funds faster than anyone expected!
Locally, DSLBD worked with our Main Streets to reprogram their budgets which created an
increase of $600,000 of available grant dollars across Main Street programs to support
COVID-19 distressed businesses in their unique commercial corridors. So, we are encouraging
businesses that are located within a Main Street to reach out and see if any of that grant
funding is still available.
There are several other private sources of grant funding and resources. The following link will
take you to additional sources of COVID-19 related grant funding and resources: Click here
Another source of COVID-19 support is the Small Business Administration. DSLBD serves as the
liaison for the Bowser Administration to the SBA for these critical resources. Team DSLBD has
been working hard with the District's federal and local partners to inform District businesses of
available resources and assist them with as they apply for these emergency funding options:
Payment Protection Program (PPP) - This loan program provides loan forgiveness for
retaining employees by temporarily expanding the traditional SBA 7(a) loan program.
Learn more
2. Emergency Injury Disaster Loan (EIDL) & Emergency Loan Advance- The Economic
Injury Disaster Loan program provides working capital loans of up to $2 million that
can provide vital economic support to help qualified small businesses and private
nonprofit organizations overcome the temporary loss of revenue as a result of the
COVID-19 virus outbreak. The emergency loan advance will provide up to $10,000 of
economic relief to businesses that are currently experiencing temporary difficulties.
Learn more
SBA Express Bridge Loans - Enables small businesses who currently have a business
relationship with an SBA Express Lender to access up to $25,000 quickly. Learn more
SBA Debt Relief - The SBA is providing a financial reprieve to small businesses during
the COVID-19 pandemic. Learn more
You can listen to a recordings from past Teletownhall that DSLBD co-hosted with the
Office of the Deputy Mayor for Planning and Economic Development (DMPED) at:
Q&A with the SBA Click here.
Q&A with the International Economic Development Council (IEDC)Click here.
Additionally, the SBA's Disaster Customer Service Line is now open 24/7 at800.659.2955
TECHNICAL SUPPORT
If you need any additional assistance in the SBA application process, please do not hesitate
to contact DSLBD’s DC PTAC Team at dslbd.ptac@dc.gov or 202.727.3900 (select option #7).
I echo the Mayor's words in reminding you that now is an ideal time to reach out to your
lending partner and/or landlord to ask about accommodations with your debt repayment
plan and/or use of space agreement.
GENERAL INFORMATION
Understanding the impact of the COVID-19 global pandemic, the DSLBD is working with
federal and local partners to create a comprehensive digital workshops and seminars that
will provide subject matter expertise on various business-related topics unique to the current
crisis and post-crisis. Please standby for additional updates as they become available.
And as Mayor Bowser says, “We are all in this together and we will all get through this
together.”
Sincerely,
Director Kristi Whitfield
RESOURCES THROUGH THE SMALL BUSINESS ADMINISTRATION (SBA)
CORONAVIRUS FUNDING OPTIONS
Click here to learn more about available SBA loan and debt relief options.
Our nation's small businesses are facing an unprecedented economic disruption due to the
coronavirus (COVID-19) outbreak.
To learn more about the relief options available for your business,Click here.
Additionally, the SBA's Disaster Customer Service Line is now open 24/7 at 800.659.2955
3. LOCAL ASSISTANCE
When faced with a business need, use theSBA’s Local Assistance Directory to locate the office
nearest you.
RESOURCES THROUGH THE DC GOVERNMENT
Learn more about the District’s Response to the COVID-19, visit: https://coronavirus.dc.gov/
Learn more about resources for your business during the COVID-19 emergency, visit:
General Business Resources: https://coronavirus.dc.gov/page/business-and-non-profit-
resources
Business Recovery Resources: https://coronavirus.dc.gov/recovery-business
If you need any additional assistance in the SBA application process, please do not hesitate to
contact DSLBD’s DC PTAC Team at dslbd.ptac@dc.gov or 202.727.3900 (select option #7).
OTHER PRIVATE SOURCES OF GRANT FUNDING AND RESOURCES
GRANTS AVAILABLE TO ALL DC BUSINESSES
2020 Small Business COVID-19 Program Grants (Thryv Small Business Foundation)
Artist Relief Grants [Artist Relief]
Facebook Small Business Micro Grants [Facebook]
Hello Alice Emergency COVID-19 Business for All Grants [Alice, Verizon]
LiftFund COVID-19 Grants and Loans [LiftFund]
Red Backpack Fund for Women-owned Businesses [SPANX]
Shea Moisture Minority Business Fund [Shea Moisture]
Sisternomics Empowerment Grant DUE 4/26/2020 [NC100BW-DC]
Southern Smoke Emergency Relief Program [Southern Smoke]
State-by-State Resource Guide for Music Professionals [Billboard]
Verizon Small Business Recovery Fund [LISC]
FREE AND DISCOUNTED SIGNS, MARKETING AND PRINTING
Discounted Restaurant Menu Printing [UPS Store Tenleytown]
Free Advertising Local, Independent Businesses [Orange Barrel Media, IKE Smart City]
Free Banners and Posters for Essential Businesses [BaseCamp DC]
Free Banners from Minuteman Press
Free Marketing Posters for DC Businesses [Mosaic Express]
Free Signs for Essential Businesses [Gelberg Signs]
Free Social Distancing Tools/Signs for Essential Businesses [Project SAFE, EIS]
Freelance Artists Emergency Funding Sources [Freelance Artist Resource Producing
Collective]
Freelancers Relief Fund [Freelancers Union]
Google Ad credits for Small and Medium-sized Businesses COVID-19 Relief [Google]
Yelp Marketing and Delivery Service Fees Waived and Free [Yelp]
4. DC SMALL BUSINESS RECOVERY MICROGRANTS
On March 24, Mayor Muriel Bowser and the Council of the District of Columbia announced a $25
million investment in the COVID-19 Recovery Effort as the DC Small Business Recovery Microgrants
Program, which is administered through DMPED.
The “COVID-19 Response Emergency Amendment Act of 2020” effective March 17, 2020 allowed
for the creation of the program to offer grants to help cover expenses such as employee wages and
benefits accounts payable, fixed costs, inventory, rent, and utilities. The application period closed
on April 1. The DMPED team is currently working diligently to review all applications and expects to
begin making award decisions by the end of April.
You can read more about the program Click here.
GUIDE FOR EMPLOYERS - SHARED WORK
The District of Columbia Shared Work Unemployment Compensation Program (Shared Work
Program) as enacted from the “Keep D.C. Working Act of 2010,” is an alternative to layoffs for
employers experiencing a reduction in available work. DC Council passed emergency legislation, in
response to the COVID-19 pandemic, which revised original program requirements.
The Shared Work program is available to all District businesses that meet the established eligibility
criteria, and benefits both the employer and employee. With an approved Shared Work Plan,
employers can avoid the operational challenges of a full layoff during a temporary slowdown.
Employees benefit by avoiding the economic hardship of full unemployment, remaining employed
while also being eligible for partial unemployment compensation. Additional program information
and the application are available on the does.dc.gov website.
CLICK HERE TO DOWNLOAD SHARED WORK - GUIDE FOR EMPLOYERS
5. APPLY FOR THE DISTRICT'S SHARED WORK PROGRAM
SPECIAL NOTICE: TEMPORARY CHANGES IN SBE
QUARTERLY REPORTING REQUIREMENTS
Effective immediately and until further notice, the requirement to have a Public Notary notarize
Vendor Verification Forms (VVFs) signed by SBE subcontractors is temporarily suspended during the
COVID-19 Emergency Declaration Period and until further notice. All SBE quarterly reporting will be
subject to the online verification process detailed below.
SBE Subcontractors must complete and sign VVFs each time payment is received from a prime
contractor for services performed. Once the VVF has been signed by the SBE subcontractor, the
signed VVF must be transmitted to the prime/contractor.
The prime contractor must then electronically submit the attached attestation form with the signed
VVF from each subcontractor attached. The VVF does not need to be notarized. The signed VVF
and corresponding attestation form will be used in lieu of the previous Public Notary requirements.
If you have any additional questions in regards to this process please contact your designated
compliance specialist or Ariel Giles, Compliance and Enforcement Manager, at ariel.giles@dc.gov.
DOWNLOAD ATTESTATION FORM
THE DC BUSINESS TOOLKIT
If you have not gotten the chance yet, check
out the DC Business Toolkit. The DC Business
Toolkit is an interactive online portal that
centralizes the vast number of business
assistance resources that are available citywide
through DSLBD, sister agencies and service
providers. This allows District businesses and
residents exploring entrepreneurship to quickly
find and use these tools to open, operate and
grow their business in the District of Columbia.
Additionally, the DC Business Toolkit helps
businesses promote themselves to prospective
customers and make unique B2B connections
with local vendors. Some examples of business
assistance resources include funding, classes,
forms, regulatory guidance, coaching.