Coronavirus (COVID-19) Resources

Resources & Information – See bottom of page for Questions & Answers Section

 

United States Chamber of Commerce

Contains links to resources on business resilience and disaster recovery. 

SBA Paycheck Protection Program

SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.

U.S. Small Business Administration

These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%.

Small Business Development Centers

Small Business Development Center’s are committed to helping your business succeed. Upcoming webinars:

https://www.msbdc.org/training/

 

Coronavirus Stimulus Package

Other Ways You Can Benefit From the Coronavirus Stimulus Package

Coronavirus: Rumor Control

As the Defense Department assists in response to the COVID-19 pandemic, it’s also important to help distinguish between rumors and facts.

 

Facebook Small Business Grants Program

Offering $100M in cash grants and ad credits to help during this challenging time.

The Rosie Network

The Rosie Network is a list of Military Family-Owned businesses throughout the United States.  Rosie’s List has launched its online eCommerce platform – the Marketplace for  businesses to sell some their product online.

Additional MA Resources

COVID-19 Resources for Businesses from Amherst Area Chamber of Commerce

 

PATRIOTlink

Through PATRIOTlink, users can search vetted, direct, cost-free services specific to their needs.  To sign up https://patriotlink.org/home

 

Mental Health And COVID-19 - Information And Resources

To aid individuals and communities during this time, MHA has compiled a range of resources and information.

Respond, Manage and Prepare for the Impact of Coronavirus

A collection of Gartner resources on how to protect your people, maintain operations and sustain your organization during the pandemic and beyond.

Resources For Families

Navigate social distancing and school closures with quality media and at-home learning opportunities for your kids.

Math Assistance

At MIND Research Institute, our mission is to ensure that all students are mathematically equipped to solve the world’s most challenging problems.

That’s why we stand ready to provide resources and no-cost access so the learning can keep on happening, even if school is temporarily closed

Advocating for you

Advocating for your good ideas on Capitol Hill so that you can stay focused on keeping your doors open.

Telework and Telecommuting

With COVID-19 on the rise and people starting to work from home, Corporate Training Materials are releasing their Telework and Telecommuting eLearning course free for anyone who might feel the need for training on the differences of working from home.

Federal Communications Commission Keep Americans Connected Pledge

The Federal Communication Commission is helping businesses stay connected during the COVID-19 outbreak

Free and Paid Conference Call Services

Article in reference to Free and Paid Conference Call Services

Center for Women Enterprises

The Center for Women & Enterprise is a nationally known nonprofit organization dedicated to helping people start and grow their businesses.

Resource for Caregivers - Hidden Heroes

Resources and information for veteran and military caregivers.  Remember, you are never alone!

Toolkit for Caregivers

Collection of practical tools, tips, and information help you to care for yourself, care for your loved one, and stay orgaMaine nized. These resources were developed by VA’s Caregiver Support Program or partner organizations.

Connecticut State Information

For the latest information, resources, and guidance related to coronavirus (COVID-19)

New Hampshire State Information

For the latest information, resources, and guidance related to coronavirus (COVID-19)

Maine State Information

Find the latest information a2019 novel coronavirus, or COVID-19, and resources

Rhode Island State Information

Find the latest information about RI’s response to the 2019 novel coronavirus, or COVID-19, and resources 

Massachusetts State Information

For the latest information, resources, and guidance related to coronavirus (COVID-19)

Vermont State Information

For the latest information, resources, and guidance related to coronavirus (COVID-19)

Veteran Business Project

The Veteran Business Project promotes military, veterans, and spouses small business ownership opportunities. We do this by proudly offering our unique “vharmony™️” business match-making service, connecting veterans/spouses seeking to acquire established businesses with business owners wanting to divest.  

 

We are in a time where there are unknowns, but we have been here before in different ways and different times, we have a lot to figure out.  We want to be able to help our businesses as we have many resources. I don’t know that we can help everyone, but I do know together we can do anything!  You are not alone, we are in this together!  Below are some of the most common questions and the resources to show you where the answers came from:

What trainings are out there? 

Every state SBA and Small Business Development Center (SBDC) as well as others have training webinars.  Below is a link to some daily webinars.

https://www.msbdc.org/training/

Free Online Training Class from Yale University – The Science of Well-Being.   https://news.yale.edu/2020/03/25/housebound-world-finds-solace-yales-science-well-being-course

Small family business no employees except the owners and they had to close a couple of weeks ago.  Is there any relief? I don’t want to take out a loan because I am concerned about having to pay it back.

Yes, go to https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources for a variety of different programs, the two I recommend you look at are:

Paycheck Protection Program – has a loan forgiveness

https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp

Economic Injury Disaster Loans (EIDL)

https://covid19relief.sba.gov/#/

We found this document very helpful with questions and answers pertaining to the SBA Economic Injury Disaster Loans

https://smallbusiness.house.gov/uploadedfiles/small_business_administration_economic_injury_disaster_loans_covid_faqs_final.pdf

The government is giving people an economic impact payment, what if I didn’t have direct deposit for my taxes and I want it now, but I already submitted my 2019 taxes?

In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.

https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know?fbclid=IwAR2brXrIJRZDGk-HrEAbNFVY0L0kGctSPHWbold1YCXkoTVPmEXW9xzGSWM

With investments being down, the recommendation is not to take money out while the market is low, but I am a retiree and I have to take the money out.  What should I do?

If you are one of the retirees who have to take a required minimum distribution, there is a The Required Minimum Distributions Waiver.  The new law also says that if you don’t take your RMD in 2020, you won’t be subject to the 50% tax penalty normally levied by the Internal Revenue Service.

https://www.forbes.com/sites/nextavenue/2020/03/31/3-ways-the-covid-19-stimulus-law-may-help-your-financial-problems/#63d6eb902f2e

The questions and answers are from the zoom open office hours, we always try to provide the best links with the answers we provide.  If you have any comments, suggestions, or additional information, please contact Lisa Ducharme,  Lisa@NEVCC.org

Contact Us

New England Veterans Chamber of Commerce ™
(603) 809-0416
admin@NEVCC.org

Connect With Us

Contact Us

New England Veterans Chamber of Commerce ™
(603) 809-0416
admin@NEVCC.org

Connect With Us