08/10/20: WBE Tools, Resources, Information and Connections Bulletin August 10 – 14, 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.

General

  • Monday August 17 | 12:00pm – 1:00pm WBENC’s Women of Color Power Hour – How to Create the Breakthrough and the Life You Really Want. Join the next Women of Color Power Hour featuring Vernice “FlyGirl” Armour, America’s first African-American female combat pilot. FlyGirl will lead a dynamic and exciting session on how to acknowledge obstacles without giving them power and how to put the passion back in your life and design the path to your dreams with a ‘Breakthrough Mentality.’ She will also address how to stay true to your dreams, even through crisis. Get inspired by FlyGirl’s personal story of setbacks, challenges, adventure, success and triumph.

Sponsored by The Coca Cola Company, Walmart, JPMorgan Chase & Co, and Southern California Edison.

  • ATTENTION EMPLOYERS: THE DOL ISSUES NEW FMLA FORMS On July 16, 2020, the Wage and Hour Division of the U.S. Department of Labor (DOL) issued a revised set of model forms employers can use for leaves that employees take pursuant to the Family and Medical Leave Act (FMLA). These updated model forms are part of the DOL’s years-long process of improving and simplifying the FMLA process for all involved.

The revised forms include:

  • WH-380-E(Certification of Health Care Provider for Employee’s Serious Health Condition), WH-380-F (Certification of Health Care Provider for Family Member’s Serious Health Condition), WH-384 (Certification for Military Family Leave for Qualifying Exigency) and WH-385 (Certification for Serious Injury or Illness of Current Service member for Military Caregiver Leave);
  • WH-381 – Notice of Eligibility Form, which now, among other things, identifies the employee’s hours of employment that are being counted towards the 1,250-hour minimum service requirement, and provides employees more detailed information on use of paid time off during FMLA leave; and
  • WH-382 – Designation Form, which now also provides more detailed information on use of paid time off during FMLA leave.

The new forms are each available on the DOL’s website HERE.

  • WBENC’s WeInnoPITCH, brought to you in partnership with FedEx, is a multi-round pitch competition designed to highlight the most innovative business solutions across the WBENC network. This opportunity is offered under the umbrella of our signature WBENCPitch program and incorporates elements from our leading innovation program known as WeInnovate!After four rounds of live virtual pitching, one grand prize winner will be awarded $20,000 to invest in her business.]Learn more.
  • WBENC NextGen Pitch Intensive: Do you know a millennial or Gen-Z woman entrepreneur? Encourage her to join NextGen Pitch Intensive, a multi-faceted program to support the next generation of women-owned businesses thorough pitch resources and coaching, promotion and exposure, and the opportunity to pitch and pursue business with Fortune 500 companies.WBENC, in partnership with The Coca-Cola Company, presents the NextGen Pitch Intensive, an exclusive opportunity for millennial and gen-Z women entrepreneurs to elevate their business pitch. The program that consists of four rounds of pitch programming, taking place August through October, and culminating with a live pitch competition featuring $10,000 in grant prize awards.Opportunities begin August 7 and applications for the pitch video showcase open August 21.

Webinars

Small Business Administration

  • Join the Second Lady of the United States, Mrs. Karen Pence, the U.S. Small Business Administration, and Hiring Our Heroes for the Military Spouse Entrepreneur Summit on August 19 | 1:00pm – 3:30pm ET. This virtual event features remarks from distinguished guests, military spouse small business owner spotlights, and discussions about key resources that all military spouse entrepreneurs should leverage.
  • Internal Revenue Service Proposes Amendments to Small Business Taxpayer Exceptions Under Sections 263A, 448, 460, and 471 Pursuant to TCJA. On August 5, 2020, the Internal Revenue Service (IRS) published a notice of proposed rulemaking titled Small Business Taxpayer Exceptions Under Sections 263A, 448, 460 and 471. The proposed rule implements legislative changes pursuant to the Tax Cuts and Jobs Act (TCJA). The TCJA simplified the application of the tax accounting provisions under Internal Revenue Code sections 263A, 448, 460, and 471 for certain small business taxpayers with gross receipts under $25 million, adjusted for inflation. The proposed rule also contains certain special accounting rules for long-term contracts under section 460.

The proposed rule includes an Initial Regulatory Flexibility Analysis (IRFA) for public comment. Specifically, the agency requests comments on the number of small entities affected and the economic impact the proposed rule will have on those small entities.

The comment period closes on September 14, 2020. The IRS strongly encourages that public comments be submitted electronically. The agency expects to have limited personnel available to process public comments submitted on paper and any such comments will be considered to the extent practicable. A public hearing will be scheduled if requested in writing by any person who timely submits electronic or written comments. Per IRS Announcement 2020-4, 2020-17 I.R.B. 667 (April 20, 2020), all IRS public hearings will be held telephonically until further notice.

    • Review the proposed rule or submit comments here.
    • Advocacy Contact: Charles Jeane at (202) 205-7168.

Connecticut

  • Connecticut COVID Recovery Resources. Business Reopening and Recovery Center for the State of Connecticut. This is your one-stop resource to help your business prepare, rebuild, and grow during the State’s emergency Coronavirus response.

New Jersey

  • The Small Business Lease Assistance Program offers reimbursement of a percentage of annual lease payments to for profit businesses and non-profit organizations in eligible areas that plan to lease between 500 – 5,000 square feet of new or additional market-rate, first-floor office, industrial or retail space for a minimum 5-year term.

New York

  • Monday August 17 | 6:30pm – 8:00pm ET WE Connect Event: Women in Business Bytes. WE NYC has partnered with Asentiv New York, NAWBO NYC & the Black Ivy Alumni League for a monthly virtual networking series! This series will connect female founders throughout the COVID-19 pandemic.
  • In response to Covid-19, WE NYC and the NYC Department of Small Business Services are offering special 1-on-1 Economic Relief Consultations during the month of August.
  • August 26 and 27| 1:00pm – 3:00pm ET WE Master Leadership Workshop. Learn from experts in leadership development and entrepreneurship and gain the critical management skills needed to start, operate, and grow a successful business. This workshop will consist of two sessions featuring Surabhi Lal, Chief Impact Officer at Luminary, Adjunct at NYUWagner and CliftonStrengths Coach; and Rhonda Khan, Founder of Simply Speech Solutions.

Maryland

  • 2020 DPW Small Business Development Growth by Design Training Program hosted by Baltimore City Department of Public Works Enrollment is Now Open!!! The Baltimore City Department of Public Works (DPW) proudly announces open enrollment for the 2020 DPW Small Business Development (SBD) Growth by Design Training program at a minimum cost this fall to participants who are interested in learning about how to do business with the City.

The SBD Growth by Design Training Program has been completed by 240 small business owners of their employees since 2016. More that 40 businesses have been MBE/WBE certified, 44 have been pre-qualified to work with the City, and more than $3 million in contracts and related services have been awarded to graduates of this program.

This signature Training Program is slated to begin September with an opening ceremony at Morgan State University. Due to COVID-19 there may be limited in-person training, the team is currently evaluating offering alternative, interactive online classes consistent with our past training course. To view flier, click here. Please register by September 1, 2020 by clicking here

  • Thursday August 13 | 1:00pm – 2:00pm Entrepreneurship Matters: Zoom Webinar hosted by Johns Hopkins University, Johns Hopkins Health System, HopkinsLocal, and Mayor’s Office of Small

Minority and Women Business. Please join us as up and coming and established entrepreneurs share their stories. Moderator: Alicia Wilson, Vice President – Office of Economic Development for the Johns Hopkins University and Johns Hopkins Health System. More details to follow.

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