Pandemic Resource Update 7-23-20
Good afternoon clients,
Following are some opportunities you may be interested in as well as relevant information:
Potential Funding Opportunities
These opportunities may be worth investigating to see if any are a good fit for your business:
The Red Backpack Fund
The Red Backpack Fund is backed by Sara Blakely, the founder of Spanx, is donating $5,000 grants to 1,000 female entrepreneurs. The fund is accepting applications in cycles. The most recent started June 1; future cycles will begin on July 6 and Aug. 3. Sign up to get notifications when the application portal opens here:
https://www.globalgiving.org/redbackpackfund/
GoFundMe
The fund-raising platform, has started the Small Business Relief Initiative, partnering with Yelp, Intuit QuickBooks, Bill.com and GoDaddy to provide owners with grants and resources. GoFundMe, QuickBooks and Yelp have each donated $500,000 to the Small Business Relief Fund, and it is open for anyone to make a donation. There will also be $500 matching grants to qualifying businesses that raise at least $500 on GoFundMe.
https://www.gofundme.com/c/small-business-relief-initiative-and-fund-faqs
IFundWomen
A crowdfunding platform, is giving microgrants to women-run businesses, issued on a rolling basis. “Start a campaign” to be considered for a coronavirus relief grant.
Fundera Blog on Grants
Fundera Blog keeps an in-depth list of grants available for small businesses. I recommend checking it out periodically as they may have added additional resources:
https://www.fundera.com/blog/small-business-grants
WEDC
I would also suggest signing up for announcements regarding additional resources and assistance that become available either through WEDC or our partners.
https://wedc.org/focus-forward/
Dane County Mask Ordinance
A couple of clients have asked me about the “Masks Required” sign for businesses in Dane County PDF
Here is the link to the sign: https://publichealthmdc.com/documents/masks_required_sign.pdf
It can be found on this page: https://publichealthmdc.com/coronavirus/masks
PPP Forgiveness Applications
Just a heads up that there is legislation on the table that would remove the requirement to apply for forgiveness on PPP loans of under $150,000. So if you were considering completing your PPP Loan Forgiveness application soon; you may want to wait to see if that goes through first.