06/08/20: WBE Tools, Resources, Information and Connections Bulletin June 8 - 12, 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.

Watch Past WPEO Lunch with the Experts Webinars and Virtual Events

  • View recordings of past events here.

General

  • WBENC continues to provide updated COVID-19 Resources for WBEs and don’t forget to submit your information if you provide COVID related products and services on the WBENC COVID-19 Supplier List.
  • Money.com has compiled a list of best small business loans with the goal of helping small business owners have another resource available. Most importantly, so you can have a better understanding of whether you’ll qualify and the type of interest rate you’ll pay on the different loans.
  • EY provides updated guidelines for borrowers – On June 3, the Senate approved for President Trump’s signature a House-passed bill (H.R. 7010) that would extend the Coronavirus Aid, Relief, and Economic Security (CARES) Act Paycheck Protection Program (PPP) loan forgiveness covered period from 8 weeks to 24 weeks.It would also reduce the percentage of eligible payroll expenses to 60% of the PPP loan amount, giving small businesses more flexibility in how they spend federal loans provided by the PPP. Other updates were also approved.We hope the explanations of the updated guidelines in the attached FAQ will be helpful to you if you are a PPP borrower or intend to be one.For additional information on the PPP Flexibility Act, mark your calendars for a live webcast June 11, 4 PM ET.

    We are committed to helping you navigate through the crisis phase of this pandemic and into recovery and renewal and will provide relevant insight and guidance as it becomes available.

    Please reach out to your local EY contacts if you have specific questions or want to explore how we can support your company at this time.

Small Business Administration

  • Did you know that June is National Safety Month? As many states move to reopen businesses affected during COVID-19, it’s important to follow safety guidelines to keep your employees and customers safe. Take the time to review safety resources from the CDC when reopening your business. Learn more
  • GSA Presents: Advancing Small Businesses During Unprecedented Times (Webinars). Join GSA Administrator, Emily Murphy, to explore strategies to enable support of the federal opportunities within the COVID-19 pandemic environment during GSA’s webinars hosted on June 8 and 10. Participants will learn about the most current federal requirements, how the federal business landscape has responded and how small businesses can engage. GSA will also address your questions around federal contracting.
    Register | June 8
    Register | June 10
  • Wednesday June 10 | 9:30am-11:30amBusiness Planning amid Uncertain Times in Financials, Marketing, New Opportunities, Closing Business Procedure and Reopening on evaluating and setting strategies for your business. Please register.
  • Thursday June 18 | 9:30am – 11:30am – Doing Business with the Federal Government. Learn how and what the Federal Government buy, Certification for Set Aide, marketing to government agencies, subcontracting, resources, and assistance.

New Jersey

  • Applications for Phase 2 of the Small Business Emergency Assistance Grant Program will be available on June 92020NJEDAstaff will process the applications on a first-come, first-served basis. There will be no application
  • Phil Murphy announced on June 4th that outdoor dining and ‘nonessential’ retail stores in New Jersey will be allowed to reopen with restrictions on June 15. Personal care services, such as hair salons and barbershops, will follow a week later, on June 22. Nail salons could reopen later in the stage, the governor’s office said. (nj.com) Read More Here.
  • Check nj.gov site daily for updates from the state that detail opening timelines and guidelines for your industry. Find List Here
  • Thursday June 11 | 4:00pm EST – A Special Recipe for a Successful Business hosted by NAWBO Central & Northern NJ. Kim Osterhoudt, The Jam Lady of Jams by Kim, will be sharing her very special ingredients for a successful business. She joined NAWBO at the same time that she began her company. Whether you’re starting, building, or pivoting, you’ll want to hear her exclusive recipe for success.

New York

  • New York Forward Loan Fund – Pre-applications to the New York Forward Loan Fund (NYFLF supporting #NYSsmall businesses, nonprofits and small landlords opened at noon (EDT), May 26. Applications will be reviewed on a rolling basis as regions and industries reopen. Pre-application: CLICK HERE
  • COVID-19 has resulted in tens of thousands of deaths across New York state. Sadly, the pandemic victims include members of New York’s retirement system (NYSLRS) who carried out their essential duties despite personal risk. The families of these selfless members can take some comfort in knowing that they may be eligible for enhanced death benefits. Recently enacted legislation provides certain beneficiaries of public employees who contract COVID-19 on the job and pass away from COVID-19 with an accidental death benefit. Visit our NYSLRS blog for more information.
  • The Office of the NYC Comptroller has updated their list of free webinars available to business owners in the New York City area.

Maryland

  • Thursday June 11 | 8:00am – 12:00pm ET – Whiting-Turner’s Contracting Company’s
    Get Down to Business Call in Event hosted by the City of Baltimore Office of Minority and Women-Owned Business development. The event offers an opportunity for business owners to meet with the Whiting-Turner Contracting Company’s bid teams to find about projects that will be put out for bid in the next several months. This event is exclusively for diverse sub-contractors and vendors. For more information, contact Bernie LaHatte at 410-821-1100 or email: lahatte@Whiting-Turner.com.

Virginia

The Northern Virginia Chamber of Commerce has released a list of upcoming events:

Webinars and Townhalls

  • Wednesday June 10 | 2:00pm – 3:00pm ET and Friday June 12 | 1:00pm – 2:00pm ET – Paycheck Protection Flexibility Act Updates to PPP Loan Forgiveness hosted by Marcum LLP will provide updated information on regards to the recent changes to the PPP program from the Paycheck Protection Program Flexibility Act of 2020, passed by the Senate on June 3rd, the loan forgiveness application, and what documentation to assemble.The program will conclude with an interactive Q&A session.
  • Thursday June 11 | 1:00pm ET – Using Personality Insights to Help Your Team Navigate Change. A 30-minute Q&A to learn how to respond to sudden changes in the work setting and how to adapt to non-traditional work-environments.
  • Wednesday June 17 or Tuesday 23 | 1:00pm – 2:00pm ET – Family, Finance, and Philanthropy. Join Harvard University Planned Giving online, along with fellow alumni and friends, for an engaging discussion on strategic financial planning and philanthropy for the future.

WBE-Provided Resources

  • InnovatorsBox is inviting you to participate in their Global Innovators Meetup. RSVP.
    Tuesday June 9 | 2:00pm – 3:00pm ET “Thriving during Change and Constraint”
    Thursday June 11 | 7:00pm – 8:00pm ET “Abundance and Empathy with Tech”
    The hour networking discussion will be facilitated by me (Monica Kang) to have an intentional time for all to connect and reflect. Please be ready to be fully engaged and on camera. First-timers can feel the pace to feel a bit fast at the beginning, but we promise good fun and thoughtfulness. Be ready for something new!
  • Thursday June 11 | 1:00pm EST – Leading in The New Normal presented by Mark Kamin & Associates. In this free webinar we will share with you strategies for dealing with the “new normal”:
    7 Intentional Business Discontinuities that provide leaders with access to transforming themselves and their organization
    Dealing with extraordinary levels of uncertainty
    Being effective with people’s natural resistance to change – your own resistance and the resistance of others
  • Daintree Capital, an investment firm dedicated to providing debt capital to female founders, was recently launched by start-up veteran turned investor Alisha Griffey.  Daintree provides both traditional and revenue-based loans which enables it to invest in a wide variety of business models, including non-tech businesses often overlooked by traditional early-stage investors.  Daintree invests in post-revenue companies in need of growth capital.  To learn more about Daintree’s investment thesis and loan application process, visit www.DaintreeCap.com or contact Alisha directly at alisha@daintreecap.com.Check size: $10k – $30kDaintree Eligibility Criteria:

Partner Organization Resources

Tools You Can Use

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Tweets
WPEO @WPEONYDC
WPEO DC Executive Director Sandra Eberhard will be one of the presenters at next week’s @WIPPWeDecide webinar on “T… https://t.co/8NyndV8Xcf
h J R
WPEO @WPEONYDC
RT @PooPourri: Our Founder & CEO, @SuzyBatiz recently sat down with @WBENCLive to discuss how she used intuition to build Poo~Pourri, a WB…
h J R
WPEO @WPEONYDC
WPEO NY WBE @ruzowgraphics recently featured WPEO NY Executive Director Keisha Blake Harp and fellow WBEs… https://t.co/kxMN0rMWf3
h J R