HomeMy WebLinkAbout03/27/20 - Updates COVID-19 St. Lucie County Business AssistanceStephanie Bush
From:Jennifer DuBey <jdubey@youredc.com>
Sent:Friday, March 27, 2020 8:12 AM
To:Jennifer DuBey
Subject:RE: New Updates COVID-19 St. Lucie County Business Assistance
SECURITY WARNING: This email originated from outside the County systems. Please show caution when
clicking links or opening attachments unless you recognize the sender and know the content is safe.
Questions, call Customer Service at 772-462-2146.
Good Morning EDC Partners
GrowFL, Florida’s leading organization focused on the growth of second stage companies,
launched a Virtual Roundtable program to help business owners navigate COVID-
19. Facilitated by PeerSpectives, this no free program, offered in partnership with the Edward
Lowe Foundation, will provides peer to peer learning for crises re-priorities from April to
June. CEO’s, president and owners of companies with 6-150 employees and annual revenue
of $750,000 to $100 million may participate. For more information, please visit
https://www.growfl.com/wp-content/uploads/2020/03/GrowFL-Virtual-Roundtable-COVID-
19-Resource.pdf.
Please SAVE THE DATE on Monday, March 30 at 2:00 pm for a special webinar with
professional experts providing an overview on the Families First Coronavirus Response Act
“What Businesses Need To Know about the Emergency Family Leave and Paid and Sick Leave
Act”. More information to follow soon!
As the Families First Coronavirus Response Act becomes effective early next week, St. Lucie
EDC investor partner, Carr Riggs and Ingram CPAs and Advisors, have developed a helpful
chart to better understand how the new program tax credits could impact you. Click here to
view the chart: https://www.cricpa.com/families-first-tax-credit-chart/.
After enduring some technical difficulties with their web portal, the SBA is continuing to
accept Economic Injury Disaster Loan Program applications. However, the submission
process has temporarily changed…all completed applications may now be submitted via an
online upload, email or mail; the online application for completion is temporarily
unavailable. Please click here for more information.
https://disasterloan.sba.gov/ela/Home/COVID19DeliveryOptions?fbclid=IwAR0vVUJZWmUQs
6KSmgCecnbpZXdvsLgoqBvLZsmPZrXjuv1NuCxeNyp8t30
DAILY SBA WEBINARS How to Apply for the Disaster Loan
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th
Friday, March 27 from 9:00 am to 11:00 am
You may join the conference 10 minutes prior to reserve your space (Free to
attend/Limit: 750 callers)
Dial In: 1-877-369-5243 or 1-617-668-3633/Access Code: 0321569##
or Join via Computer: https://ems8.intellor.com/login/823612
th
Friday, March 27 from 1:00 pm to 3:00 pm
You may join the conference 10 minutes prior to reserve your space (Free to
attend/Limit: 750 callers)
Dial In: 1-877-369-5243 or 1-617-668-3633/Access Code: 0512355##
or Join via Computer: https://ems8.intellor.com/login/823645
The Small Business Development Center (SBDC) continues to accept Small Business Bridge
Loan applications through May 8th. The loan program offers access to capital up to $50,000
for 12-months at 0% interest. This quick access to capital will assist businesses with continuity
of operations and retaining workforce. Click here for more information:
https://floridadisasterloan.org/
If you are experiencing an upcoming need to reduce workforce hours, please learn about the
Short-Time Compensation available to offset lost wages due to workforce reduction of hours
and to avoid layoffs. Example: An employee normally works a 40 hour work week. The
employee’s work week is reduced by eight hours or 20 percent. If the employee had been laid
off and totally unemployed and determined eligible for UC, the individual would have received
a weekly benefit amount of $275.00. The employer submits an STC plan and the plan is
approved. Under the STC plan, the employee would receive $55.00 of benefits (or 20 percent
of $275) in addition to the 32 hours of wages earned from the employer. More information
can be found at http://www.floridajobs.org/office-directory/division-of-workforce-
services/reemployment-assistance-programs/short-time-compensation-program-for-
employers.
Please continue to view and share our COVID-19 Business Assistance Web Portal at
https://youredc.com/grow_your_business/wr for updated information on programs and
services to assist your business and employees, and follow our daily updates on Facebook and
LinkedIn.
If you have any questions or need any assistance for you or your employees or families, please
do not hesitate to contact us.
Thank you,
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Jenn
Jennifer DuBey, Business Manager
Economic Development Council of St. Lucie County
500 NW California Blvd. ■ Bldg. F109 ■ Port St. Lucie, FL 34986
(Located at Indian River State College)
O: 772.336.6256 ■ C: 772.812.0107 ■ jdubey@youredc.com
www.youredc.com
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