ChamberWest Leaders Communication
Hope you enjoyed a refreshing three day Labor Day weekend! As a reminder, the COVID-19 Business Manual provides a step-by-step plan from the Utah Department of Health to help you protect your business and prevent the spread of COVID-19. I would strongly encourage you to become familiar with the manual as you protect your business and employees during this pandemic. You can download the manual in English and Spanish at: https://business.utah.gov/ .
Current information on State COVID-19 Assistance Programs administered by GOED are available as follows:
Utah COVID-19 Commercial Rental Assistance Program (ComRent) for businesses who have experienced at least a 30% loss of gross monthly revenue after March 1st among other qualifiers is again available at: https://business.utah.gov/utah-covid-19-commercial-rental-assistance-program/ . The program, with approx. $15 million available, has expanded to include up to three months of a business lease or mortgage amount. Grant application is currently available.
Utah COVID-19 Impacted Businesses Grant Program (Shop in Utah) is for businesses interested in creating a discount program. This $55 million initiative provides grants to businesses negatively impacted by the pandemic. Companies must give a discount, coupon, or other offer with an estimated value to their customers of at least 50% of the grant amount to qualify for the program. Information is available at: https://business.utah.gov/utah-covid-19-impacted-businesses-grant-program/ . Grant application opens again on September 11th at 9:00 am MDT.
Utah COVID-19 Displaced Worker Grant Program (Learn & Work in Utah). This is a great program to help people get back to work and to find employees for careers that are in high demand for local businesses. With this CARES funding, Salt Lake Community College is able to cover the cost of 27 courses/programs. Students need to enroll before the end of November and can complete the training/education over time as needed. The list of eligible programs/courses and information on how to apply, register, and receive financial support are available at: https://www.slcc.edu/allin/.
For information on additional programs and to access continually updated information, please visit: https://business.utah.gov/coronavirus/
We have been notified that the Salt Lake County Small Business Impact Grant (SBIG) will close on September 18th at 5:00 pm. This grant program offering up to $35,000 for small businesses located in Salt Lake County who have significantly been impacted by COVID. You can learn more about the grant program and the eligibility criteria at: https://slco.org/covid-19/economy/grants/?ref=frontSlider .
Through the Revolving Loan Fund Program, the Economic Development Agency is providing Economic Adjustment Assistance Grants to service businesses who cannot otherwise obtain traditional bank financing. These loans provide access to capital as gap financing to enable small businesses to grow and generate new employment opportunities with competitive wages and benefits. Financing also helps retain jobs that might otherwise be lost, create wealth, and support minority and women-owned businesses. For more details regarding this program, visit: https://www.eda.gov/pdf/about/Economic-Adjustment-Assistance-Program-1-Pager.pdf. Additional information is available at: https://www.eda.gov/rlf/.
Emergency Injury Disaster Loan (EIDL) information and an easy application are available at: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources .
Main Street Lending Program information is available at: https://www.federalreserve.gov/monetarypolicy/mainstreetlending.htm.
U.S. Chamber CO-Blueprint: Rebuilding Your Brand Webinar – September 9th – 12:00 pm (MDT). An interactive discussion focused on helping businesses strike the right tone with an evolving customer base. Register at: https://uschamberofcommerce.swoogo.com/blueprint_rebuildingyourbrand/679613?ref=covidnewsletter&mkt_tok=eyJpIjoiTVdJMU1ERXpObVl4T0RNdyIsInQiOiIrWVI0eVlraGRnUkxKUkR2K2dpb0lESXA1WCs3RUVXK0w1OWplTTBLUXdkUWo2MnVJQ3BPcmNSb0wzMEJ1ZlFqWjBmMGpkK3FBZkxZSHI3U1R5RG0rMitnNTIxenpnXC9vbEd1Nkw4OWQxekI1OWJQazRQeDBvMHcwQjZiTWNtQkwifQ%3D%3D
You can also access past programs that may be of interest to you.
Mark your calendars for upcoming ChamberWest Events/Programs:
ChamberWest Annual Fall Business Conference on Friday, November 13th. More information will be released over the next few weeks.
ChamberWest Leadership Institute Program - January 28th with an accelerated program that will run through June. Registration is now open with more information available at www.chamberwest.com .
Please feel free to reach out if you have any questions or if we can be of service. Hope you all have a productive week! Be positive, find and embrace the good, and stay safe. Thanks much!
Barbara S. Riddle, CMP