Small Business

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From Crisis to Opportunity: RECOMMENDATIONS FOR STATE & LOCAL GOVERNMENTS

  • The Internal Revenue Service posted new Frequently Asked Questions (FAQs) regarding COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses — sick leave and family leave. 
  • COVID-19 Resources for worker cooperatives, small businesses, and individuals - Compilation of resources for worker co-ops and small business owners (English and Spanish).
  • CORONAVIRUS (COVID-19): RESOURCES FOR THE COOPERATIVE BUSINESS COMMUNITY – Webinars for co-op businesses regarding safety, employment law, managing cash flow. Also support for applying for SBA EIDL loans.
  • Economic Development Administration’s Economic Development directory provides links to critical local resources including: EDA regional office contacts, state government contacts, and EDD, TAAC, RLF, University Centers, and Tribal planning organization sites.
  • Small business guidance and loan resources are here, now including the Economic Injury Disaster Loans application.
  • Read about the automatic deferment of existing SBA disaster loans here.
  • The Small Business Owner’s Guide to the CARES Act is here.
  • Families First Coronavirus Response Act (FFCRA) relief details for small and midsize businesses is here.
  • The Federal Reserve Board plan to make information available regarding economic recovery programs is here.
  • A link to FAQs regarding employee retention credit under the CARES Act is here.