MEDA Board of Directors Blog
Best Practices in Economic Development from Experienced Leaders
Compilation of Resources for Businesses, Workers. and Economic Recovery During COVID-19
Several resources are being shared right now to help businesses and workers that may have hardships due to the closings that are taking place to prevent the spread of the Coronavirus.
FREE Webinar on 4/13
State of Michigan Resources
- Governor Whitmer's Executive Order Outlining Which Businesses Can Stay Open and How They Need to Operate
- Governor Whitmer Expands Unemployment Benefits for Michigan Workers
- Lt. Governor Gilchrist & Former Lt. Governor Calley Team Up to Announce Coalition to Support Small Businesses, Improve Access to Federal Loans
- MEDC Offers Grants to Manufacturers Who Retool to Make Health Care Supplies
- Michigan Department of Labor and Economic Opportunity sent this bulletin at 03/27/2020 03:00 PM EDT: COVID-19 Response – WARN
- Michigan Economic Development Corporation Resources for Michigan Businesses During COVID-19
- Michigan Small Business Relief Program - Vital Funding for State's Small Businesses Gains Michigan Strategic Fund Support
- Michigan Small Business Relief Program FAQ Sheet
- Michigan Secretary of State Allows Emergency Appointments for Critical Employees to Renew Licenses
- PMBC is looking for both buyers and suppliers of critical health & human service supplies across a broad range of product categories
- Pure Michigan Business Connect offering virtual, statewide matchmaking platform for suppliers, buyers providing a critical response to COVID-19
- Unemployment Benefits Increased or Expanded
- SBDC COVID-19 Conversations: Download Recordings of Previous Conversations
- State Provides Guidance to Employers Contemplating Potential Layoffs
- Workers affected by COVID-19 provided emergency relief through the governor's actions to expand unemployment benefits
Recognizing Non-Essential Workers
- E.O. List: https://www.michigan.gov/coronavirus/0,9753,7-406-98178_98455-521682--,00.html
- E.O. 2020-21: https://www.michigan.gov/whitmer/0,9309,7-387-90499_90705-522626--,00.html
- FAQ for E.O. 2020-21: https://www.michigan.gov/coronavirus/0,9753,7-406-98178_98455-522631--,00.html
- IRS FAQ on Employee Retention Credit Under the CARES Act
- Specific list of Essential Workers (advisory) from CISA, linked in paragraph 8 of the E.O. https://www.cisa.gov/sites/default/files/publications/CISA-Guidance-on-Essential-Critical-Infrastructure-Workers-1-20-508c.pdf
- CARES Act Bill on Congress.gov
- Federal Reserve Pledged Asset Purchases with No Limit to Support Markets
- Paycheck Protection Program
- SBA Coronavirus (COVID-19): Small Business Guidance & Loan Resources
- SBA Disaster Loan Application
- Small Business Owner's Guide to CARES Act
- Trade.gov Virtual Resources
- U.S. Chamber of Commerce Coronavirus Small Business Guide
Great Ideas from MEDA Members
- Berrien Community Foundation, Southwestern Michigan Tourist Council, and Cornerstone Alliance Announce Rent and Mortgage Payment Program (RAMPP)
- The Lansing Economic Area Partnership (LEAP) surveys area businesses to identify areas of the most critical need.
- NLEA to Join Region-Wide Effort Amid Economic Challenges Related to COVID-19
- Lake Superior Community Partnership COVID-19 Resources (has extensive amounts of additional information)
- Lapeer Development Corporation puts application assistance document on their website for download.
- Macomb County Matching Demand for Goods and Services with Local Suppliers
- The Right Place, Inc. Blog: 5 best practices for economic development organizations responding to the COVID-19 pandemic
- Wayne County Small Business Relief Loan Fund
- Macomb County to Distribute Community Grants for Small Businesses to Mitigate Impact of Coronavirus Outbreak
- Shiawassee Economic Development Partnership Holds Daily Conference Calls - listen to the audio of one of the calls
- IEDC's Resource Page for Economic Planning and Recovery
- IEDC Free Webinar Recording: What Comes Next
- City Manager Approves Temporary Code Modifications
- Coronavirus Special Topic Free Conference Call Series
Discuss, Share, Support
- A thread was started on our Emerging Leaders Facebook Group to share ideas, talk about what you are doing, etc., and other discussions are already taking place. Feel free to join in and share!
- Updates to MEDA's Facebook, LinkedIn, and Twitter pages are being made regularly.
Other Resource Pages, Grant Opportunities, Ways Businesses Can Save Money, Etc.
- Analyze Consumer Spending During COVID-19 Using Resource from Impact DataSource
- Business Leaders for Michigan Best Practices for COVID-19 Responses
- Business Leaders for Michigan COVID19 Business Response Center
- Facebook for Business is working on a $100M cash grant program with ad credits for small businesses. More info to come and can be found at https://www.facebook.com/business/boost/grant.
- Ford Motor Co. Offers Financial Assistance, Nonprofit Support During Coronavirus Outbreak
- James Beard Foundation has created the Food and Beverage Industry Relief Fund and is currently working on application criteria. Sign up for updates on the foundation’s website at https://www.jamesbeard.org/relief to get notified when applications are open.
- Kiva, the popular small business, crowdsourcing investment company is offering 0% loans up to $15,000 with no payments for six months. More info can be found at https://www.kiva.org/blog/support-local-businesses-during-the-coronavirus-pandemic.
- MAEDC Hosts Free Webinar on Impacts to Economic Development in Mid-America EDC Region
- MainVest, a tech company that offers crowdsourced investing in return for profit sharing is offering a zero-interest, 120 day $2,000 loan if you have an existing “brick & mortar” business that has been negatively affected but the COVOID-19 outbreak. For more information, visit https://mainvest.com/main-street-initiative.
- Michigan Certified Development Corporation - Guidance to Small Businesses (includes information on deferring SBA 504 loans)
- Michigan's Research Universities Respond to COVID-19 with Action
- Miller Canfield's COVID-19 Resource Center (covers several legal issues for businesses)
- SBAM Holding Daily Briefings to Help Small Businesses Navigate the Crisis
- SBDC Michigan's HR Planning for COVID-19 Webinar PowerPoint
- Square, the payment processor is refunding all software subscription fees for the month of March for existing sellers who currently use Square Appointments, Retail, Restaurants, Loyalty, Team Management, Payroll, Marketing, and Square Online Store. Square will manage the process for you—there’s no need to do anything. Additional product updates are also in the works. You can use the just-released curbside pickup option through Square Online Store, and they plan to release a local delivery feature this week. Curbside pickup and delivery fees are waived for the next three months. For more information, please visit their website at https://squareup.com/us/en/l/immediate-support-response.
- The Restaurant Workers Community Foundation is a society raising money for the Restaurant Workers COVID19 Relief Fund. The fund will be allocated as grants for direct relief to restaurant workers, grants to non-profit organizations serving restaurant workers and no-interest loans for restaurants. For more information, visit https://secure.restaurantworkerscf.org/np/clients/restaurantworkerscf/donation.jsp?forwardedFromSecureDomain=1&campaign=2&&test=true.
- Workforce Intelligence Network's (WIN's) blog has continual updates on the status of the workforce in Michigan.
- Yelp, the online review website, announced a $25 million in relief, primarily focused on supporting independent local restaurant and nightlife businesses, in the form of waived advertising fees, and free advertising, products, and services, during this period. As part of this relief effort, restaurants and nightlife businesses that remain open will receive free access to Yelp page upgrades, including Business Highlights and Call To Action, as well as Connect, which will help them communicate timely information to their customers. Restaurants will also receive three months of free access to Yelp Reservations and Waitlist. For restaurant clients that offer delivery and/or takeout, Yelp will provide $100 in free search advertising. More information can be found at https://blog.yelp.com/2020/03/yelp-covid-19-response-and-support-for-local-businesses?utm_source=biz_blog&utm_medium=yelp_blog&utm_content=blog_text_link. Additionally, Yelp has partnered with GoFundMe to allow small businesses to take donations directly on their business’s Yelp page. Yelp and GoFundMe will also match the first $500 donated to any business. Learn more at https://blog.yelp.com/2020/03/yelp-teams-up-with-gofundme-to-make-it-easy-for-people-to-support-the-local-businesses-they-love.
To view previous MEDA blogs, visit our Blog Archive page.