Effective Monday, May 11th, city buildings will reopen with limited access and safety guidelines in place. See COVID-19 Update for more information.
Here’s the latest in help and resources for small businesses:
CARES ACT: The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is a law meant to address the economic fallout of the 2020 coronavirus pandemic in the United States. As the largest economic relief act in U.S. history, $2.2 trillion the CARES Act provides support to individuals and businesses affected by the pandemic and economic downturn. LINK TO CARES ACT
SCORE – Coronavirus Small Business Resource Hub
Sometimes talking with someone who understands what it takes to run a business can be very helpful. For over 50 years, SCORE has offered FREE mentoring and they continue to do so through their Small Business Resource Hub.
Here are just a few links to their Hub to get you started:
Remote Mentoring – Mentors are available to participate in remote mentoring sessions via phone, email, and video. If you already have a SCORE mentor, ask them if you can use a remote mentoring method for your sessions. If you don’t already have a SCORE mentor, you can request a remote business mentor today.
Local Workshops and Events – In-person events are suspended, but Online support is available
LIVE webinars on your coronavirus-related concerns:
– National Resources and Policy Updates for Small Businesses Impacted by COVID-19
– Marketing Advice to Combat an Economic Downturn
– Navigating Long-Term Uncertainty and the Aftermath of Disruption
Check out SCORE on Facebook
In addition to free mentoring and online workshops, SCORE is collecting resources to answer critical questions during the COVID-19 pandemic—and afterward. Please check their website frequently for updates as they add resources regularly.
More Business Resources During COVID-19
FAQs & Answers
How can I apply for a SBA economic disaster loan?
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Eligible small businesses and nonprofits may apply online here.
According to the SBA, the turn around time between submitting your application and cash in hand is about 30 days, so business owners are encouraged to apply as soon as possible. There is no cost to apply.
How can I add my Business to TR Take Outs or Buy Local TR?
Tell us what you are doing to help get your products or services safely to your customers. Perhaps you offer delivery or online shipping, curbside service, extra in-store precautions, FaceTime shopping, gift cards, etc. Send us your information here.
Let us know, so we can help let our community know!
How can I contact my local representatives?
Call Congress with this simple message: The federal government must respond quickly and aggressively to keep small businesses solvent through the crisis. Small businesses need grants and subsidies. Loans alone will leave many small businesses crippled by debt and at risk of failure. Find your representatives here.
How do I sign up for Town business-related alerts?
To sign up, visit TravelersRestsc.com and click on “Receive the Talk of the Town Newsletter”. Enter your email address and we’ll make sure you stay up-to-date by receiving our newsletters and notices.