See the following news and information compiled by MBDA-Tacoma Business Center related to COVID-19 business resources. You can also follow us on our Facebook page for more updates.
Last update: August 3, 2020
IRS People First Initiative – Taxpayers Need to Resume Payments as of July 15 – IRS
The IRS reminds taxpayers who took advantage of the People First Initiative tax relief and did not make previously owed tax payments between March 25 to July 15 that they need to restart their payments. As the IRS continues to reopen its operations across the country, taxpayers who were in payment agreements and skipped any payments from March 25 and July 15 should start paying again to avoid penalties and possible default on their agreements. Read more.
$100 Million Rental Assistance Headed to Washington Communities – Washington State Department of Commerce
Washington State Department of Commerce is distributing approximately $100 million in state Coronavirus Aid, Relief and Economic Security (CARES) Act funding through its existing network of homeless services grantees and organizations serving homeless youth to operate a new rent assistance program launched Aug. 1. The program will focus on preventing evictions by paying up to three months of past due, current and future rent to landlords for eligible participants. Read full news release here.
August 3: COVID-19 Road to Recovery for AAPI (Asian American & Pacific Islander) Entrepreneurs – Small Business Administration
On Monday, August 3, 2020 at 2:30 pm PT, please join an Access Live event for AAPI entrepreneurs. Small businesses, non-profit organizations and faith-based organizations in need of financial assistance may join this call and learn what opportunities exist to recover from the COVID-19 global pandemic. Join the SBA and many other experts to learn how we can overcome these challenging times. See flyer here.Read More
MBDA-Tacoma Business Center Launches CARES Act Program
In response to the extraordinary challenges of the coronavirus, Tacoma MDBA- Business Center is offering additional support to small businesses. The MBDA-Tacoma Business Center is here to help small businesses navigate and recover from the challenges of the COVID-19 pandemic.See details below for more information.Read More
Starting July 15, 2020, SBA will begin to implement changes consistent with the Small Business Act as amended in the National Defense Authorization Act for Fiscal Year 2015. In addition to the certification requirement for firms seeking WOSB and EDWOSB set-aside contracts, the regulations detail certification options for applicants and require authorized third-party certifiers to notify applicants of their fees and the option to use SBA’s free online certification process.Read More
Why is this trade agreement important to small businesses in the Pacific Northwest?
Canada and Mexico are the U.S.’s largest trading partners. Plus, our region’s shared border and proximity to Canada make the impact of the United States-Mexico-Canada Agreement (USMCA) substantial to small firms in the Pacific Northwest. Consider this:Read More
WSDOT to host virtual public meetings and teleconferences July 6, 8, and 10
OLYMPIA – The Washington State Department of Transportation is proposing new overall goals for disadvantaged business participation on all federally funded projects and is accepting written comments on the proposals through Friday, July 24.Read More
“Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.” – Martin Luther King Jr. (April 16, 1963)
The outrage of our national community about the brutal death of George Floyd in Minneapolis is real and legitimate. We recognize the inexplicable pain caused by racism, bigotry and violence that affect minority citizens and their respective communities in this country.
The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) was established in 1969 as a result of social unrest much like what we are witnessing today. MBDA remains committed to be a part of the solution. MBDA stands in solidarity with the more than 11 million minority businesses and the thousands of local communities that play a pivotal role in the vibrant fabric of our nation and its economic success. We are thankful for your leadership and partnership as we rise together to create lasting change.
– David J. Byrd
MBDA National Deputy Director
Starting on July 15, 2020, the certification process for Women-Owned Small Businesses (WOSBs) and Economically Disadvantaged WOSBs (EDWOSBs) will begin to change as SBA implements Congress’ changes to the Women-Owned Small Business Federal Contracting Program (WOSB Federal Contracting Program), as put forth in the 2015 National Defense Authorization Act (NDAA). WOSB and EDWOSBs will need to take action and make some decisions.Read More