Funding and Informational Resources for Main Street Business Owners Impacted by COVID-19
Earlier this week, we shared how Main Streets can maintain sales while practicing social distancing (LINK).
If you’re a Main Street merchant fighting to keep your head above water, know that you’re not alone. There are countless resources designed to help you in your time of need.
Whether you’re looking for an educational webinar or funding for your business, check out the following resources for Main Street business owners:
Webinars
COVID-19: A Ten-Point Action Plan for Economic Developers
The International Economic Development Council (IEDC) is a non-profit membership organization that serves economic developers.
In order to help members through the impact of COVID-19, the aforementioned webinar will feature industry experts, Richard Florida and Steven Pedigo, who will discuss tips for mobilizing your community during times of hardship.
Sign up for the webinar here, which will be held on Monday, April 6 at 3 p.m.
COVID-19 Stimulus Package: What’s in the new law for small businesses
The $2 trillion stimulus package has a lot of components. But how will it help businesses that have experienced financial loss?
Register for this webinar to get the answers on Thursday, April 2 at 2 p.m. EDT.
COVID-19 & Main Street: Supporting Local Safely
Watch Main Street America’s (MSA) recorded webinar, which originally aired on Thursday, March 26, 2020.
Here, you’ll find updates on how COVID-19 is impacting Main Street businesses, along with resources and guidance from a panel of local program directors.
Tune in at any time here.
Funding
If your Main Street business has been directly impacted by the coronavirus, you may be eligible for funding in the form of a loan or grant.
Small Business Disaster Assistance Loan
The Small Business Administration (SBA) is offering low-interest disaster loans to help businesses recover. For more information, and to see if your business qualifies, visit SBA.gov.
Oakland County Stabilization Fund
The Michigan Economic Development Corp (MEDC) awarded Oakland County a $1.15 million state grant that will provide qualifying businesses with up to $10,000 in relief funds.
Find more information on the Oakland County Stabilization Fund here.
The future of Main Street America
“All of us at Main Street America stand with you during this very challenging moment. Our work together today will help ensure the health of our communities in the days to come,” Patrice Frey, President and CEO of National Main Street Center, said in a recent Main Street America article.
To help the Main Street America Network gather more data to understand what most threatens your business at this trying time, make your voice heard and take this survey.
