These are certainly trying times as society grapples with the threat of COVID-19 and the impacts that social distancing and lockdowns bring to businesses. The impacts of these event cancellations, social distancing, and closures are hitting entrepreneurs hard. Recognizing the impacts of these measures, governments and industry are attempting to help entrepreneurs and small businesses. Following are some initial resources that we’ve come across that may be of help to struggling entrepreneurs and small businesses. As we find more we’ll add them.
Government Assistance & Resources
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to California small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
SBA to Provide Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
Coronavirus Emergency Loans Small Business Guide and Checklist
SBA now accepting COVID-19 disaster applications from small business, nonprofits
The City of Sacramento has also stepped up to offer assistance during the pandemic.
Sacramento plans $1 million emergency economic relief fund amid coronavirus outbreak
California Small Business Development Center – COVID-19 Resources
https://www.californiasbdc.org/covid19
California Governor’s Office of Business and Economic Development – Coronavirus 2019 (COVID-19)
https://business.ca.gov/coronavirus-2019/
Sacramento Metropolitan Chamber of Commerce – Coronavirus Rapid Response Hub
https://rapidresponse.metrochamber.org/
Resources and Assistance from Business and Industry
Big businesses are also opening up their platforms and offering assistance to help businesses.
Microsoft and Zoom have also responded by opening up it’s platform and loosening restrictions.
Q+A: How can I run my business virtually?
A Guide to COVID-19 and Your Finances: What You Need to Know
OpenGrants is committed to making the process of finding emergency support as simple as possible for businesses around the United States. They are collaborating with pandemic response experts Doberman Emergency Management to provide you with access to resources and expertise to help you navigate these challenging times. Learn more.
Webinars and Training
Meetup Webinar: Bringing Events Online
HaneyBiz is launching a daily webinar series to harness the power of the expert community for the benefit of entrepreneurs and small businesses. Register for the series. Learn more about their thoughts behind this and what to expect in their short video below.
Alex Chompff the Evolution Accelerator team held two webinars on COVID-19: How Will It Affect Your Small Business? Those are now available on their website.
DCA Capital is a supporting sponsor of The Capital Region Family Business Center, which has proactively scheduled a webinar to address these issues: “Managing Your Family Business Through Uncertainty,” on Tuesday, March 24 from 10:15 AM to 11:00 AM. Register here.
Tips and Advice
Many business giants and experts are also offering their thoughts and advice for how businesses can survive.
The Virus Survival Strategy For Your Startup
Hacker Lab: How to navigate coronavirus as a Sacramento small business
Have you found a resource, training, or tips that you’ve found useful for helping entrepreneurs and small businesses survive COVID-19 and its impacts? Please share by leaving a comment below.
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