Resources for Businesses Dealing with Coronavirus

If customers can’t find it, it doesn’t exist. Clearly list and describe the services you offer. Also, be sure to showcase a premium service.Massachusetts will add another $10 million to help small businesses who sought emergency loans before the state was overrun with requests and stopped accepting applications, Lt. Gov. Karyn Polito said Friday.

The Mass Development Board of Directors will vote to appropriate the funds next week, doubling the total pool of money to $20 million for emergency small business loans, Polito said during a news conference in the State House.

EforAll is compiling national, regional, and local resources for entrepreneurs and small businesses in our communities. There are some great loan programs being announced but we know that loans are not always the solution and should be explored carefully.

As the outbreak of COVID-19 has escalated and caused unprecedented reactions such as school closings, cancelling professional sports, social distancing, and government-issued stay-at-home orders, many people understandably have growing concerns for the financial health of their organizations, people, and families.

Due to the pressing needs related to the COVID-19 crisis CFWM is mobilizing its emergency resources toward its newly establishes COVID-19 Response Fund for the Pioneer Valley. 

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).

A decision regarding your loan application typically in 2-3 business days. Then you can proceed with your plan to improve your business.

WorkShare is a smart alternative to layoffs, helping companies keep valuable workers.

Rapid Response is a federally mandated, pre-layoff service designed for companies and employees experiencing a layoff or closing.

Verizon’s fiber optic and wireless networks have been able to meet the shifting demands of customers and continue to perform well.

Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy.

The Community Foundation of Western Massachusetts (CFWM) announced the release of its first grants, totaling $700,000, to community organizations and nonprofits from its recently-established COVID-19 Response Fund for the Pioneer Valley.