Small Business Resources

Written by: Jennifer Neer Posted on: March 24, 2020 Blog: News

Small business matters

Small Business owners matter to us!

Why?…Small business employed 1.2 million people, or more than 45% of the private workforce. We want to help in any way that we can.Here are some resources below to help connect you to resources to strengthen your business.Please keep us in mind if you need employees, we can always refer some of our clients who are looking to gain employment.

CICF and its affiliates have adopted a four-pronged approach to the COVID-19 pandemic in Central Indiana to ensure that the health, economic stability, and service to the most vulnerable communities are being met during this crisis. Learn more here. Among its actions are to create two flexible funds, one for Marion County – the Neighbor Relief Fund for Marion County -- and one for Hamilton County – Hamilton County Crisis Response Fund. Details on how to request support from both of these funds will be available in the coming weeks.

Indiana nonprofits may qualify for low-interest federal loans of up to $2 million at 2.75 percent and terms up to 30 years for financial losses due to COVID-19. Since SBA issued a disaster declaration for Indiana, funds are available through the agency’s Economic Injury Disaster Loan program. To submit an online loan application or receive additional information, https://disasterloan.sba.gov/ela

Emergency virtual programs for small businesses affected by the COVID-19 outbreak are being hosted by gener8tor from March 30 to April 3. These programs will feature daily webinars designed to identify, understand and help small businesses secure resources to withstand the current crisis. One-on-one office hours will also be available. Registration deadline March 25 at 11:59 p.m. For a complete list of programs, https://www.gener8tor.com/emergency-response-program/indiana

The Indiana Department of Workforce Development will host live 30-minute webinars -- March 24 at 10:30 a.m. or March 25 at 3 p.m. The sessions will cover unemployment eligibility requirements, the formula and amounts determined by Indiana State Statute for benefit amounts, frequently asked questions and how to apply for benefits. Each is limited to 500, with registration capacity of 5,000 for each program. Everyone who registers will be emailed a link to the recording within 24 hours. That recording can be shared with others and will also be posted on the DWD landing page created for information and resources specific to unemployment insurance and COVID-19 https://www.in.gov/dwd/19.htm

All these resources can be found on Chartable Advisors website.