Pandemic Resource Update 11-20-20
Dear clients,
There are some important items in today’s Resource Update. I hope you’ll take a minute to review them…
“We’re All In” Grants Round 2 – GREAT NEWS!
Yesterday, Governor Evers announced an additional $70 million in the second round of “We’re All In” grants, bringing the second round total to $120 million to be invested in Wisconsin small businesses.
This is reassuring news as we had heard there were substantially more applications for this round than the original $50 million would cover.
You can read the press release here: https://content.govdelivery.com/accounts/WIGOV/bulletins/2ad7487
Strong Women, Strong Coffee feat. Camille Carter
President of the Madison Black Chamber of Commerce
The next Strong Women Strong Coffee event is coming up on Wednesday, December 9th, 11:00am – noon. (Personally, I LOVE that this one isn’t so early in the morning!)
Grab a late morning cup of coffee and join WWBIC and Camille Carter, President of the Madison Black Chamber of Commerce.
I’ve known Camille for several years. She has tons of small business experience and is very passionate about advocating for small businesses.
If you’ve been wondering what you can do to help support black-owned businesses in our community this will be a great opportunity to learn more and to be inspired by Camille’s story.
To register: bit.ly/swsc1209
SBA EIDL Loan
If you are eligible, but have not yet applied for an EIDL (Economic Injury Disaster Loan) through the SBA, you can STILL apply.
To qualify, you must be a small businesses with 500 or fewer employees that suffered substantial economic injury as a result of the Coronavirus (COVID-19) pandemic.
(Additionally, you must have filed taxes for the business in 2019.)
EIDL loans are at 3.75% interest with a 30-year term.