COVID 19 Resources for Your Business

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.

Fortune 500

Minority and Small Business Resources

  • Wish Local Empowerment – Wish Local is dedicating a $2M dollar fund to give roughly 4,000 Wish Local small business partners financial support. The selected recipients will receive amounts between $500 – $2000. This program is only open to Black-owned stores, to help promote equality and diversity in American business. Apply here, https://www.wish.com/local/empowerment
  • 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
  • IFundWomen supports Black women-owned small businesses in the United States through a new grant program and educational resources. These grants provide an opportunity for recipients to grow their businesses and continue to offer much-needed services to their local (and global) communities. Applications are being accepted from June 30, 2020, through July 31, 2020.
  • Buy from a Black Women – The Black Woman Relief Fund will grant 15 Black Women Business Owner $1000. Owners must and be able to demonstrate that the COVID-19 pandemic is causing hardship.
  • Juvia is offering six grants of $50,000 to black female entrepreneurs and/or black-owned small businesses in the United States. This grant is intended to help recipients overcome the unique challenges faced by Black entrepreneurs. If you haven’t applied already, go here now. Maximum Grant Amount: $50,000  Application Deadline: 8/31/2020

Mompreneurs

  • 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

  1 comment for “COVID 19 Resources for Your Business

  1. June 28, 2020 at 7:16 am

    Like!! Thank you for publishing this awesome article.

    Like

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