This is reprinted from my previous post because I thought it was important to give you a list of resources to help your business without having to read my thoughts on your finances.
Government Resources for Your Business
- Impact Payments – https://www.irs.gov/coronavirus/economic-impact-payments
- Paycheck Protection – https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp
- Coronavirus Small Business Guide (US Chamber of Commerce)
- Guidance for Small Businesses (U.S. Small Business Administration)
- Guidance for Businesses and Employers (CDC)
- Local Assistance (U.S. SBA)
- COVID-19: Implications for Business (The Conference Board)
- New and Small Business Policy Response (Center for American Entrepreneurship)
- Paycheck Protection Program: A loan designed to provide a direct incentive for small businesses to keep workers on the payroll. (U.S. Small Business Administration).
- Disaster Loan Assistance Information: Low-interest loans to businesses of all sizes, private nonprofits, homeowners and renters (U.S. SBA).
- Disaster Loan Assistance Online Application: This online application is the fastest method to receive a decision about your loan eligibility (U.S. SBA).
- Disaster Loan Assistance Application (U.S. SBA)
- Disaster Assistance in Response to Coronavirus (U.S. SBA)
- Coronavirus (COVID-19): Small Business Guidance & Loan Resources (U.S. SBA)
- Coronavirus Tax Relief: The IRS established a section focused on steps to help taxpayers, businesses and others (Internal Revenue Service).
- Pandemic Unemployment Assistance: Pandemic Unemployment Assistance is a federal program for people who are unable to work as a result of COVID-19 and not eligible for regular state unemployment benefits, such as self-employed workers and independent contractors.
Minority and Small Business Resources
- The Redback Fund – Spanx founder Sara Blakely has partnered with the nonprofit organization GlobalGiving to start The Red Backpack Fund for women entrepreneurs who are impacted by Covid-19. The fund will award $5,000 grants to at least 1,000 women entrepreneurs in the U.S. Applications for the fund opened in April and will run through August 2020. Each month, 200 entrepreneurs will be selected to win the $5,000 grant as well as a free all-access pass to 80+ MasterClass sessions, including Blakely’s class on entrepreneurship. Click here to apply, https://www.globalgiving.org/redbackpackfund/
- Verizon Small Business Recovery Fund – https://www.lisc.org/covid-19/small-business-assistance/small-business-relief-grants/verizon-small-business-recovery-fund/
- Hello Alice – All Emergency Grant fund that will offer $10,000 grants to small business owners impacted by the pandemic. https://www.covid19businesscenter.com/
- The Doonie Fund – Founded by digitalundivided CEO, Kathryn Finney, the fund is named after her grandmother, Kathryn “Doonie” Hale, who inspired her entrepreneurial journey and encouraged her to stay in the arena. Since its inception on April 5th, 2020, the fund has invested in over 500 black women entrepreneurs. https://www.digitalundivided.com/the-doonie-fund
- The Entrepreneurial Dream Project – Supermaker, a media company that provides content and community for startups and creative individuals, has started a $100,000 grant and mentorship program called The Entrepreneurial Dream Project to benefit new business owners who are trying to grow and build their company amid the pandemic. https://supermaker.com/p/entrepreneurial-dream-project#Eligibility
- Moms as Entrepreneurs – A nonprofit business incubator for women, has started a Covid-19 relief fund solely for businesses owned by mothers. The fund, which opened applications on May 18, will grant $500-$1,000 to mom entrepreneurs who have been shut out of government loans or other funding during the pandemic. https://www.maeentrepreneur.com/covid-19-fund
- The Mom Project Stronger Together Fund – The Mom Project, a platform that connects employers to female candidates with a primary focus on helping moms re-enter the workforce, has started a $500,000 Stronger Together Fund. https://work.themomproject.com/stronger-together-fund