04/27/20: WBE Tools, Resources, Information and Connections Bulletin April 27 – May 1, 2020

We all know all this information is still unfolding daily so we urge you to review other resources so you can make the most informed decisions for your situation.

Important Update

This week Congress passed an additional $484 billion relief package entitled the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266). President Trump signed the bill into law Friday April 24th.

Here are the small business components that were included:

Paycheck Protection Program (PPP):

Additional $310 billion in funding for the program with $60 billion in sets asides to be made by the following institutions:

  • $30 billion for loans made by insured depository institutions and credit unions that have assets between $10 billion and $50 billion.
  • $30 billion for loans made by Community Development Financial Institutions (CDFIs), small insured depository institutions, and credit unions with assets less than $10 billion.

Economic Injury Disaster Loan (EIDL) Program:

Additional $60 billion in funding:

  • $50 billion for the Disaster Loans Program Account
  • $10 billion for the Emergency EIDL Grants ($10,000 advances)

U.S. Small Business Administration

The U.S. Small Business Administration (SBA) now maintains an online list of active Paycheck Protection Program (PPP) lenders, organized by state.

Please visit https://www.sba.gov/document/support–paycheck-protection-program-participating-lenders or get a downloadable pdf of the list of PPP lenders

For information about all of SBA’s Coronavirus/COVID-19 relief options, please visit https://www.sba.gov/funding-programs/loans/coronavirus-relief-options.

As a reminder, one-on-one small business coaching is available at NO COST via telephone and/or video chat through SBA’s trusted network of resource providers. Please refer to the 2020 Washington Metropolitan Area Small Business Resource Guide at https://www.sba.gov/sites/default/files/files/resourceguide_3106.pdf (pages 10-12) for additional details and contact information.

Watch Past WPEO Lunch with the Experts Webinars

General

  • Salesforce is offering a Care Response Solution that provides free access to technology for qualified emergency response teams, call centers, and care management teams to help combat the COVID-19 crisis.
    The solution includes products that help:
  • Contact centers manage increased volume via phone and chat
  • Ensure privacy and security of PHI data for regulatory compliance
  • Proactively distribute trusted personalized information
  • Distribute latest safety and testing protocols to enable staff

Learn More>

  • New Virtual Classes to bring the fun of Engineering for Kids into your Living Room. Your child will be engaged and entertained during these exciting and educational online virtual classes.
    • LIVE CLASS: Robotics 101. For ages 8 – 14. Starting May 6th – May 29th Wednesdays at 1:00pm. Register.
    • FLEX LESSON: Mobile App Development. For ages 8 – 14. Flex Lessons will be sent weekly to parents for viewing at any time during the week. Register.
  • Goldman Sachs Expands Free Online Education for Small Businesses
    Goldman Sachs 10,000 Womenis a global initiative that fosters economic growth by providing women entrepreneurs around the world with a business and management education, mentoring and networking, and access to capital.
    In these uncertain times, Goldman Sachs is making the business education and practical skills offered in the 10,000 Women course available online, free of charge. 
    Learners are now able to take any course, or combination of courses, that suits their immediate needs. The courses offer lessons and practical advice on topics from marketing to leadership, operations and financing.
  • Lincoln Center at Home is here to provide you and your family with classes, special concerts, and archival performances. New videos every week! Share ​your favorite performance on social media with the hashtag #LincolnCenterAtHome and join a community of artists for #HumanityInConcert on Sundays at 3:00 pm. Click here to view this week’s events and see below for highlights
  • Employee Retention Payroll Tax Credit Under the CARES Act: Who is Eligible and How it Works

Grants

  • COVID-19 Concerns in Grantseeking (Session 2) Foundant has been closely tracking the philanthropic sector’s response to COVID-19 through news stories, public resources and conversations with our partners and clients. In this second session of our Grantseekers and COVID-19 webinar series, our panel of experienced grantseekers will discuss:
    • Available programs, assistance and resources
    • Funder responses, adjustments and trends
    • Tips and advice: How to move forward in this time of crisis
    • Q&A session with panelist in addition to participants sharing through chat

Date: Tuesday, May 5
Time: 9am PT / 12pm ET – 90 minutes
This webinar is free.  Join us!

Webinars and Townhalls

  • Tuesday April 28 | Join Wells Fargo for a webinar on Protecting your Organization from COVID-19 Fraud Threats. COVID-19 has changed the way in which businesses operate — fraudsters are adapting their techniques to capitalize on the confusion, distraction, and vulnerability created by the pandemic. Remote workforces, staff reductions, and a rapidly changing work environment expose organizations to more fraud risks than usual.Are you prepared?In this 30-minute webinar, you will learn about:
    • Rising phishing, malware, ransomware, business email compromise, and account takeover attempts facing your organization
    • Challenges presented by the COVID-19 crisis and how fraudsters have changed their techniques to capitalize on vulnerabilities
    • Steps you can take to mitigate the risk and help protect your information

    REGISTER NOW.

  • Tuesday April 28 | 3:00pm – 3:30pm | Strategies for Stress Relief for Women Leaders during COVID-19 with with Ellen Keithline Byrne, PhD and Karen Kirchner, PCC Co-Founders of Tech Up for Women. Register.
  • Wednesday April 29 | 1:00pm Leading Transformative Change with Purpose and Passion in Highly Turbulent Times on YouTubeLive. A conversation with Alan Mullaly and Adam Grant. through generosity, humility, and the curiosity to find purpose and passion. To receive a reminder about the webinar RSVP.
  • Thursday April 30 | 5:00pm | Workplace Re-Entry: Legal and Practical Considerations for U.S. Employers. Please join Goodwin’s Employment Practice and infectious disease expert Rochelle Walensky, M.D., M.P.H. for a webinar on reopening workplaces in a safe, practical and legally compliant manner while the COVID-19 pandemic continues. Register.
  • Wednesday, April 29 | 1:00pm – Prioritizing Workplace Mental Health During and After the Crisis. Catalyst’s former President and CEO, Deborah Gillis, now President and CEO of The Centre for Addiction and Mental Health (CAMH) Foundation, Canada’s largest mental health teaching hospital. Please join us for a thoughtful and dynamic discussion moderated by Makelé Saïdi, Director of Corporate Engagement, Central Canada, Catalyst, as they explore strategies to prioritize mental health in the workplace, during and after the crisis. Register.
  • Wednesday, April 29 | 4:00pm – Choosing a Marketing Strategy During an Uncertain Time Presented by Susana Fonticoba, The Small Business Strategist and NAWBO-CNNJ Board Member. Register.
  • Thursday, April 30, 2020 | 1:00 PM – Improving Cybersecurity by Influencing Good User Behavior | Register
  • Thursday, May 7, 2020 | 1:00 PM – Information Security Governance During Times of Pandemic | Register
  • Thursday, May 14, 2020 | 1:00 PM – Leveraging Digital Forensics for Better Human Resources Outcomes | Register

Connecticut

  • Yale Law School Resources for Community Businesses and Nonprofits Impacted by COVID
    Resources are available for businesses, nonprofits, and self-employed people in the community facing financial hardship or other challenges due to COVID-19.Resources at Yale Law School
  • The Community and Economic Development (CED) Clinic and the student-run COVID Student Small Business Support Project may be able to assist you at no cost in addressing COVID’s impact on your organization. Support may include:
    • Providing information about government loans and grants
    • Navigating state and local resources to obtain financing
    • Making emergency modifications to lease terms
    • Understanding changes to tax law
    • Other legal issues that may arise

Support is available to small businesses, nonprofits, and self-employed people in the greater New Haven area. If you are interested in assistance, contact us at COVID.CED@ylsclinics.org or 203-432-4022.

Note: If you reach out for support, a student may contact you to learn more and offer information about available resources. As the student will explain, such a conversation is for informational purposes only and is not legal advice. If you require legal advice, we will attempt to make a referral to a free lawyer.

  • The Connecticut Department of Labor announced it is on target to reduce the processing time of claim applications for unemployment benefits from six weeks to one week by April 27. The agency reminds those that have recently filed an application for unemployment benefits to look for an email from the Labor Department that advises of next steps for filing a weekly claim. This includes checking any spam or junk email boxes. Learn More
  • Governor Lamont is partnering with the Connecticut Business and Industry Association (CBIA) and its affiliate CONNSTEP on an initiative to distribute free face coverings to eligible, essential small businesses with fewer than 50 employees. More information

New Jersey

  • New Jersey SBDC has prepared a website with coronavirus related updates, resources and support. They also offer free business counseling at: com/counseling

New York

  • New York City Grant Watch is updating their database daily with latest information on grants for nonprofits and small businesses.
  • The Office of the New York City Comptroller is providing presentations via Zoom on resources from the federal, state and city government and the private sector to small businesses and M/WBEs impacted by COVID-19 every Tuesday and Thursdays 11:00am – 12:00pm EST rsvp.
  • State Comptroller DiNapoli Launches COVID-19 Financial Survival Toolkit. We are living in unprecedented times. The COVID-19 pandemic has upended our lives, as well as the state economy, and it will be a long road to recovery. To help ease the difficulties many are facing, my office developed the COVID-19 Financial Survival Toolkit for New Yorkers with links and resources for residents, government entities, nonprofits and businesses. Whether you need the latest health updates, information on unemployment, sick leave or family sick leave benefits; or guidance on protecting your personal finances, you will find that and more in our toolkit. We will continue to make updates to meet New Yorkers’ changing needs, so check back regularly.
  • The Manhattan Chamber of Commerce has set up a help desk to help connect any business in need with expert help. Email helpdesk@manhattancc.org or call (212)473-7875.

Maryland

  • Mayor Young Announces Multi-Million Dollar Aid Package for Baltimore’s Small Businesses Initiative Establishes a $5.5 Million Fund to assist local businesses, and creates a COVID-19 Small Business Task Force to focus on Baltimore’s re-opening and continued recovery

Mayor Bernard C. “Jack” Young announced the COVID-19 Small Business Assistance Initiative, which establishes the COVID-19 Small Business Task Force, a public-private partnership, and a $5.5 million fund to provide financial assistance to small businesses, as well as other resources and guidelines to help businesses reopen, without compromising public health, once the State of Emergency is lifted.

The $5.5 million fund will be administered by the Baltimore Development Corporation (BDC) in the following manner:

    • Manufacturing and Procurement of Personal Protective Equipment (PPE): As an expansion of BDC and Made In Baltimore’s initial grant program, $500,000 will be allocated to provide grants to Baltimore makers and manufacturers producing PPE and for the city to purchase PPE from these manufacturers for our first responders and front line employees.
    • Neighborhood Business Reopening Initiative: BDC will oversee efforts to develop and implement designs to reconfigure public right of way and public spaces to maximize outdoor seating and other business needs to provide ways to create more social distancing in Main Streets, and Retail Business License Districts (RBDLs) and certain commercial districts.  This $1.5 million initiative may include the use of parklets, public information graphics & signage, and design elements to encourage people to patronize local businesses in a manner consistent with public health best practices.
    • Small Business Assistance Fund: BDC will administer a $3.5 million grant fund on behalf of Baltimore City to provide financial assistance to small business enterprises (SBE) in certain commercial areas.  Businesses may apply for up to $15,000 in grants for expenses such as rent, payroll and purchase of PPE that may be necessary as they plan to reopen.  A portion of this fund will be set aside for businesses, which have been unable to qualify for federal aid. SBEs will be required to complete an application to request funding and provide necessary documentation.
    • For more information on eligibility and how to apply will be available, click here by May 4, 2020.
  • Paycheck Protection Program provided by the City of Baltimore, Goldman Sachs, and Lendistry

Important Note: While funding has not been released, small businesses should apply now and submit completed packages that will be entered into the pipeline to be ready when funds are released. 

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.

This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Importantly, these loans will be fully forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward. (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll)

Applicants can apply now to have their completed packages entered into the pipeline to be ready when funds are released. To apply, click here

To view business guidelines and checklist, click here

To view required documents, click here

  • Anne Arundel County has announced a number of procurement opportunities seeking MBE/DBE/WBE participation
  • The Goldman Sachs 10,000 Small Businesses (10kSB) program, an amazing initiative that has helped over 300 Maryland and capitol area entrepreneurs create jobs and economic opportunity by providing access to education, capital, and business support services, is still active during this difficult stretch. Several MWMCA members and friends have benefited from this program, including are Jeffrey Hargrave, President of Mahogany, Inc.; Colleen Vacelet, President of Intreegue Design; and Taggart Brown, President of Taggart Brown and Associates, Inc.

Accepting applications now through November for the January 2021 cohort. For more immediate information, please contact: Rod Bourn at rbourn@ccbcmd.edu

  • Leadership Montgomery is looking forward to starting the 2021 CORE, Emerging Leaders and Senior Leadership Montgomery programs this fall with the county’s best and brightest leaders. To give applicants ample opportunity to focus on immediate needs, they have extended the application deadline to June 1, 2020.
  • Montgomery County Economic Development Corporation highlights local business heroes and helpers who are shining in the time of COVID-19.
    • News and Funding for Local Manufacturers For local manufacturers and producers to start making and producing pandemic-related items, they need capital. Now they can apply to MCEDC’s new $200,000 Local Production Fund, which supports businesses that are changing or enhancing their operating models to manufacture PPE. Accepted applicants will receive the working capital necessary to make needed items such as face shields, medical supplies and other essential items. Read the press release here >
    • Council Approves $5 Million in Additional Emergency Funding The Montgomery County Council unanimously approved $5 million to expand funding for the County’s Public Health Emergency Grant (PHEG) program to provide additional financial assistance to local restaurants and small retail shops during the Covid-19 pandemic. Read more >
    • MCEDC is also sourcing ready made goods from local makers and manufacturers who can provide medical supplies and other needed equipment. Learn more about this effort and the new fund here  >
    • MoCo BioHealth Companies Lead the Charge Against COVID-19 So many of our talented biotech and pharma companies are using their skills and ingenuity to develop effective therapeutics and potential vaccines. Our COVID-19 BioHealth hub is brimming with companies that are forming promising partnerships and providing expertise to other company developers.
    • Tough Times Bring Out the Best Local stories abound on collections to pool money for meals for health care workers and first responders, people supporting senior neighbors and others working at the food banks.  So many heartwarming examples of the kindness of people helping each other during these trying times. Read more >
    • MoCo Eats: Curbside, Pick Up and Delivery Options Grow In record time, our partners at Visit Montgomery created MoCo Eats, a still growing and searchable site to find pick-up, delivery and food & beverage options. Many are giving back by providing meals to our essential health care workers and first responders. Great way to explore the many ethnic, locally owned restaurants in our diverse community. Learn more >
  • The Montgomery County Chamber of Commerce (MCCC), the Montgomery County Chamber Community Foundation (MCCCF), and the Veteran Institute for Procurement (VIP) are proud to present the following webinar: Decoding CARES Act Section 3610 for Government Contractors Wednesday, April 29, 2020 | 12:00 – 1:00 pm EST

Washington, DC

  • News: MWCOG commits to regional coordination during and after COVID-19 pandemic

The Board of Trade strongly supports the Metropolitan Washington Council of Governments (MWCOG) Board of Directors’ statement yesterday that reads, “we are committed to working together to thoughtfully plan for the reopening of the National Capital Region when the time comes. It is our collective desire to work in close partnership with the leaders of the District of Columbia, Maryland, and Virginia to ensure a safe and effective reopening strategy informed by and consistent with the sound guidance of our health officials. Any strategy to reopen must be cautious and deliberate and must consider conditions across our entire region, including the number of new cases being reported, the availability and reliability of testing, the capacity of our health system to accommodate patients, and the ability of the region to take immediate action should a resurgence of the virus occur.” Read the full statement here.

Tuesday, April 28, 2020 at 11:30 AM – 12:30 PM ET

MWCOG Briefing Call: The Pandemic’s Impact on Food Systems and Security Register.

The COVID-19 pandemic has disrupted food supply chains and household food budgets across the country. Radha Muthiah, President and CEO of the Capital Area Food Bank, will describe the forces behind these disruptions, how her organization has responded, and what we can collectively do to help our food system and the families who depend on it. Margaret Rogers, co-head of Arabella’s Good Food practice and co-coordinator of Washington Regional Food Funders, will draw on her experience leading the Farm to Fork Initiative to describe how good public policy can make our food system more resilient and equitable

Wednesday, April 29, 2020 at 10:00 AM – 11:00 AM ET

MWCOG Briefing Call: Getting the Regional to Fiscal, Economic, and Public Health. Register.

For state and local jurisdictions, the COVID-19 pandemic is a double threat: it endangers public health, and the loss of tax revenue from closed businesses slashes state and municipal budgets at a time when public services are sorely needed. Join this virtual briefing to hear from Virginia Secretary of Finance, Aubrey Layne; Chief Financial Officer of the District of Columbia, Jeff DeWitt; and Maryland Comptroller, Peter Franchot. These three leaders will share how they are approaching this crisis and what the path to fiscal, economic, and public health looks like in their jurisdictions.

Virginia

  • The Virginia Hispanic Chamber invites you to meet businesses that are facing the same issues that you are every Thursday 7:00pm – 8:00pm. Whether you are a job seeker or a business owner, you must look at every option and idea to continue to thrive during this crisis. This business connect allows business owners and individuals from all different backgrounds to come together to provide helpful resources and ideas to both provide a new connection as well as a new plan.

To join this virtual event, log onto zoom.us before the meeting starts and click “Join A Meeting” then enter the Webinar ID: 88495359512 followed by the PW: 740322

  • The Lee Clinic has an Ideal Protein Update as they continue to help everyone stay on task and achieving their weight loss goals in this time of uncertainty with new guidelines on food pick up and shipping, appointment and an ideal protein app update. Visit their website for more details.

Partner Organization Offerings

  • WBENC COVID-19 Resources & Opportunities Weekly Update

WBENC is committed to keeping you updated on resources, information, webinars and more to address the many questions and uncertainties many businesses face during this crisis, as well as to continue to help fuel business opportunities for women entrepreneurs.
This is your weekly update with new opportunities and information. Please visit our (new and improved!) COVID-19 Resource Center for more comprehensive resources and up-to-date information.

  • WIPP COVID-19: Put Your Mask On First – The Business of You

Monday, April 27 at 2 PM ET
Register today.

On Monday, April 27, WIPP President & CEO Candace Waterman will moderate an expert-led discussion on the powerful connection between mind, body, and business in this uncharted territory. Featuring special guests and health experts, Brenda Loube and Karen Wolfe, this session topic will discuss why business owners and leaders must prioritize taking care of ourselves so we have the ability to help those around us. As always, we welcome questions from the audience.

Tools You Can Use

  • The World Remade by COVID-19, Scenarios for Resilient Leaders prepared by Salesforce and Deloitte provides some great thinking around constructing scenarios for the next 3 – 5 years.
  • Managing through times of uncertainty. – The world of work has changed practically overnight due to COVID-19. We recognize how difficult this is for all the communities we serve, which is why we’re committed to doing what we can to help you manage the situation and look out for your employees. (Kronos Incorporated)
  • Crisis Survival Toolkit – Updated – The Crisis Survival Toolkit has been updated. Inside, you’ll find blogs, videos, and other materials—so you can be resilient in times of crisis. Learn how to manage remote teams, measure employee engagement, survive a hiring freeze, and more.
  • Surviving an Economic Downturn With Talent Optimization – In times of fear and economic volatility, it’s important to stay resilient. This guide explains how talent optimization can help you adapt your business strategy, make tough talent decisions, and emerge stronger.
  • 5 Tips for Content Messaging in the Age of COVID-19: The COVID-19 pandemic is pushing us all beyond our comfort zones as we grapple with new ways of doing business, and that includes taking a fresh look at how and what you are communicating with your clients and customers
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