Lake Area Chamber’s Recovery Plan Survey
The lake area chambers have been working together to help the business community within the lake region as they are being impacted by the COVID 19 pandemic. To better understand the needs of the local businesses the chambers have developed a short survey to collect the data necessary to build an effective recovery plan for the lake region. Please take a few minutes to provide the much needed input on how you and your business are being impacted and where you see the most need within the lake area.
In an effort to keep businesses informed of some valuable resources during these uneasy times:
Small Business Grants
SheaMoisture launched a $1 Million Fund to support entrepreneurs of color. Applications open 4/8 and have a quick turnaround.
Spanx Red Backpack Fund is a $5 Million fund targeting women entrepreneurs. Applications opened 4/6.
Facebook is offering $100 Million in cash grants and ad credits for up to 30,000 small businesses.
Verizon has donated $2.5 million to the national nonprofit Local Initiatives Support Corporation (LISC). LISC is targeting grants up to $10,000 to entrepreneurs of color and women-owned businesses.
Hello Alice is offering $10,000 grants to help small business owners.
Salesforce is partnering with Ureeka to offer eligible small businesses the opportunity to receive a $10,000 grant to help them through the COVID-19 outbreak.
U.S. Chamber grant program.
Microsoft is providing six months of Office 365 tools for free to enable remote collaboration, file sharing and video conferencing.
Yelp! announced $25 million in relief, primarily focused on independent local restaurants and nightlife businesses, in the form of waived advertising fees.
Tory Burch Foundation has a useful list of resources (for both funding and advice) for small businesses.
SBA Paycheck Protection Program - A program for small businesses needing to ensure pay for their employees and other essential debts. Lenders may begin processing loan applications as soon as April 3, 2020.
SBA Disaster Loans - Detailed information about Economic Injury Disaster Loans. For specific questions or assistance in applying, call the SBA hotline at (800) 659-2955
Missouri Small Business Development Centers Resources - Information relevant to small businesses, including resources, videos, and links to additional material from various government agencies.
Missouri Chamber of Commerce & Industry - Free webinars for businesses impacted by coronavirus and other resources