• Compañía Chattanooga

Resources for Small Businesses during COVID-19


SMALL BUSINESS STABILIZATION FUND

FONDOS DE ESTABILIZACIÓN PARA NEGOCIOS



On March 30, 2020, Mayor Andy Berke announced the COVID-19 Small Business Stabilization Fund (CSBSF)This fund will provide short-term working capital to businesses that are facing sudden and severe revenue shortfalls because of our recent executive orders.The City has committed $2.5 million to set up grant and loan programs that can help businesses in different ways -- short-term rental assistance, continued payroll for displaced workers, or larger business expansion needs.

These programs include:

  • COVID-19 Mitigation Grants, which are $5,000 grants available to small businesses renting their spaces to help with things like expenses, rent or payroll assistance.

  • COVID-19 Bridge Loans, which are loans up to $25,000 that are designed to help small businesses, specifically those directly impacted by state and local executive orders, with employee retention and working capital.

  • COVID-19 HUD 108 Loans, which are loans greater than $25,000 that helps businesses in low-income census tracts or incentivizes business owners to hire and retain employees whose area median income is at or below 80 percent.



ESPAÑOL 

El 30 de marzo de 2020, el alcalde Andy Berke anunció el Fondo de Estabilización para Pequeñas Empresas (CSBSF por sus siglas en inglés) COVID-19. Este fondo proporcionará capital de trabajo a corto plazo a las empresas que enfrentan déficits de ingresos repentinos y severos debido las órdenes ejecutivas adoptadas recientemente. La Ciudad ha comprometido $2.5 millones para establecer programas de subvenciones y préstamos que pueden ayudar a las empresas de diferentes maneras. Asistencia de alquiler a término, nómina continua para trabajadores desplazados o necesidades de expansión de negocios más grandes.

Estos programas incluyen:


Subsidios de mitigación COVID-19, que son subsidios de $ 5,000 disponibles para pequeñas empresas que alquilan sus espacios para ayudar con gastos, alquiler o asistencia de nómina.


Préstamos puente COVID-19, que son préstamos de hasta $25,000 diseñados para ayudar a las pequeñas empresas, específicamente a aquellas directamente afectadas por órdenes ejecutivas estatales y locales, con retención de empleados y capital de trabajo.


Préstamos COVID-19 HUD 108, que son préstamos de más de $25,000 que ayudan a las empresas en sectores censales de bajos ingresos o incentivan a los dueños de negocios a contratar y retener a empleados cuyo ingreso medio del área es igual o inferior al 80 por ciento.


FREE TRAINING OPPORTUNITIES

in English only


How to Launch Your E-Commerce Business

Learn how to build an e-commerce business with LEDC! The free virtual training will cover basic eCommerce foundations, tips and strategies to learn even if you have an operating business online.

You will learn the 3 major phases of setting up your business for success!

PRE LAUNCH PHASE - From identifying your customer's pain point, considering the goals of your e-commerce site, developing your WHY/brand values, and evaluating your idea.

LAUNCH PHASE - From finding the right e-commerce website builder, understanding search engine optimization to figuring out shipping settings.

POST LAUNCH PHASE -  Setting up your 1st Sale in 30 to 60 days goal, the different types of inbound marketing campaigns and most importantly how to pivot in the external conditions we are living in the moment. 

Please RSVP! The training will be hosted by LEDC on ZOOM and we will send you a link to confirm your attendance and ZOOM invite details. 

WHEN

April 15, 2020 at 11am - 12pm

WHERE

LEDC Zoom


To Register visit LEDC



REFOCUS: A CO.STARTERS WORKSHOP


A two-hour virtual workshop designed to help entrepreneurs shift their mindset around their businesses and find a new way forward in our changing times.


New offering from CO.STARTERS:

Join a two–hour virtual workshop that will help you find the focus and clarity you need to shift your mindset and find a new way forward. If you feel stuck, join us to identify your best next steps together.

In this workshop you will:

  • Determine immediate next steps needed to stabilize

  • Re-examine your venture using the CO.STARTERS Canvas

  • Strategize how to better solve your customers’ changing needs

  • Learn how to adapt or refine your business model

$75 / FREE for a limited time

April 16 @ 3:00 pm - 5:00 pm

Recurring Event


Register HERE


Thank you to our sponsors and Co. Members

Gracias a Nuestros Patrocinadores y Miembros de Co.



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1402 Bailey Ave. | PO Box 3058

Chattanooga, TN 37404

(423) 541-3631

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