Resources for our Small Businesses:
Resources Update March 30, 2020:
From our partners at the Pocatello-Chubbuck Chamber of Commerce:
The phase 3 legislation that was passed and signed into law on Friday includes the Paycheck Protection Program. Every small business that is eligible should look into this program and
consider taking advantage of this program that is a forgivable loan. I have attached three documents above. The one entitled US Chamber Small Business ELA Loan Guide covers a number of
items but most prominently the Paycheck Protection Program. The document entitled Handout SBA Disaster Assistance provides more information on the disaster assistance loan. And the last
document is the Phase 3 bipartisn summary. This gives an outline of the legislation passed on Friday.
As a business you can get help figuring out the best path forward for your business by reaching out to the folks at the Small Business Development Center:
Ann Swanson: firstname.lastname@example.org
Claudia Allen: email@example.com
You can also reach out to your local financial institution for assistance.
Assistance for Restaurant Workers:
The National Restaurant Education Foundation is offering assistance to restaurant workers who have been displaced or whose income has been decreased as a result of COVID 19. I know many of you are struggling to keep employees or have already had to furlough long-time employees. This may be of assistance:
https://rerf.us/ Restaurant employees who suffer a financial hit from the COVID-19 pandemic will be able starting April 2 to request a one-time payment of $500 from a relief fund being set up by the National Restaurant Association Educational Foundation (NRAEF). The funds will be provided on a first come, first served basis to help impacted workers pay for rent, groceries, medical care, utilities, transportation, child care and other fundamental expenses.
Facebook Grants & Marketing Assistance:
Facebook is also offering a relief program for small businesses taking a hit from COVID-19
Facebook is announcing a $100 million grant program for small businesses impacted by the coronavirus pandemic. The majority of the grants will be distributed in cash, with some ad credits for business services. Businesses do not need to be on Facebook, Instagram or WhatsApp to apply.
SIPH Idaho Southeast Idaho Public Health Resources, FAQ for businesses
COVID-19 Idaho Department of Commerce
COVID-19 Idaho Small Business Development Center
SBA EIDL program Small Business Administration Assistance Program
travel alerts, the latest information
Governor’s Office the latest information from our Governor
COVID-19 unemployment insurance FAQ and related questions
We encourage our businesses to please follow the guidance below from Governor Little’s Stay- Home Order. The idea behind the order is for people to stay at home unless they need groceries or have a medical appointment (essential services).
To prevent the spread of COVID-19, we must all play our role in encouraging people to stay at home. Starting on Monday, there will be a hotline at the state level for businesses to call if they have more questions regarding the order. We know this is a difficult time for everyone, and we appreciate your help.
- additional Restaurant Association COVID-19 Resource Page
- Stoel Rives COVID -19 Resource Hub for Employers
Update from Forbes
Facebook is offering $100M in cash grants and ad credits through their Small Business Grants Program. Learn more.
JPMorgan pledged $50 million global philanthropic commitment to support communities and people hit hardest by this public health crisis, including $2 million to existing nonprofit partners and $8 million to assist small businesses. Learn more.
Kabbage launched an online hub to help boost sales for U.S small businesses impacted by COVID-19, including a system through which businesses can sell gift cards to consumers for use at a later date. Learn more.
The James Beard Foundation is launching a fund that will be gathering support from corporate, foundation, and individual donors to provide micro-grants to independent food and beverage businesses in need. Learn more.
MainVest, a crowdfunding platform, announced its new Main Street Initiative: a $2,000, zero-interest, 120 day loan for restaurants or other brick and mortars affected by the shutdown. Learn more.
Old Town Pocatello, Inc.
420 N Main St
Pocatello, ID 83204
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First Friday Art Walk
The April First Friday Art Walk has been postponed to May 1. The May First Friday Art Walk will be held in locations throughout Old Town on Friday, May 1. The festivities will begin at 5pm and will include local and regional art, live music, food, fashion and more. Plan now to come stroll through Old Town and enjoy the charm of our monthly Art Walk!
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