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: January 21, 2021
COVID19 Vaccine FAQs Presentation – Multiple Dates – Update from Tacoma-Pierce County Health Department
Do you have questions or concerns about COVID-19 vaccine? Tacoma-Pierce County Health Department will provide a community presentation to: Present accurate, clear information to dispel myths about the vaccine; Address the deep, historical traumas that have created distrust in the vaccine; Answer questions and add the information to our website. Dates: Jan. 22, Feb. 12, Mar. 26, Apr. 16. See flyer for more information.
All In One Place: The Latest Updates Related to COVID-19 Relief Programs Offered by the SBA – SBA Pacific Northwest Regional Office
Small Business Administration (SBA) published a bulletin containing the latest news and updates regarding the following: Paycheck Protection Program (PPP); Economic Injury Disaster Loans (EIDL); Shuttered Venue Operators Grant; Resiliency Business Advising; Additional Resources. Read here.
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance – Small Business Administration
To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders shortly thereafter. This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284 billion toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan. Read more.
City of Tacoma Announces Resurgence Business Loan – Application to Open on January 27th – Make It Tacoma
In order to help businesses overcome the effects of COVID-19 and thrive, the City of Tacoma will be offering low-interest loans that require no repayment for a year. This low-interest loan will allow Tacoma businesses to borrow up to $25,000 and defer payments until 2022. Loan application will open on January 27th – view flyer and visit MakeItTacoma website for more information. Information session is scheduled for January 13th at 1PM – click here for Zoom session link.
January 21: The Ultimate PPP Workshop, 1 PM PST – South Carolina MBDA
This virtual workshop will help your business navigate the new PPP. Topics covered, include: Rules & Regulations, Tax Implications & How to Get Ready, Bank Application Process & Pitfalls to Avoid that Delay Processing! Register for this FREE virtual workshop today!
January 28: Small Business Requirements and Resources Workshop, English: 9 AM PST / Spanish: 2 PM PST, Taller de Requerimientos y Recursos para Negocios Pequeños – Seminario web – Small Business Liaison Team
This webinar provides an overview of some of the state responses, resources, and other impacts affecting small businesses. No cost registration. The webinar includes brief presentations from several state agency small business liaisons with dedicated time for questions and answers. Register (English)
Este seminario en línea proporcionará información general de algunas de las respuestas estatales, los recursos y otros impactos que afectan a las pequeñas empresas. La inscripción es gratis. El seminario incluye presentaciones breves de varios departamentos del estado con tiempo dedicado a preguntas y respuestas. Registrar (Spanish)
February 3: COVID-19 BUSINESS INFO SERIES Webinar, Wednesdays 11am – 12pm PST – Tacoma Pierce County Chamber
Please join Tacoma Pierce County Chamber’s panel for an in-depth discussion of issues for our businesses that have arisen due to the COVID-19 outbreak. This series of calls will continue each Wednesday as long as there is a need. Missed a Previous Call? Need next call info? Visit the Chamber’s COVID-19 Resource Page for more information.
In order to help businesses overcome the effects of the pandemic and thrive, the City of Tacoma will deploy $1.1 million received from the Economic Development Administration as low-interest business loans. The City of Tacoma will be awarding 5-year loans up to $25,000 that require no payments (no principal nor interest) for the first 12 months.
January 27, 2021: Loan application opens
February 21, 2021: Loan application closes
March 12, 2021: All applicants are notified regarding a decision on their loan application
The next ScaleUp training series is kicking off soon and invite you to participate! Wednesdays, January 13th – March 3rd, 8 AM – 11 AM. See link in description below to sign up.
ScaleUp: The Rebuild Edition. Business is not as usual right now and may not be for a long time. ScaleUp business training is focused on teaching proven strategies to small businesses that will increase resiliency and spur growth in the wake of a global pandemic. This next cohort will launch January 13th and will be a comprehensive offering spanning 8 sessions.
The three-hour online courses are held weekly, allowing up to 100 businesses around the state to restart and rebuild, improving their strategic thinking and decision-making, creating operational efficiencies and strengthening the bottom line as we engage in economic recovery.Read More
Port of Seattle Commissioners have approved the 2021 budget and five-year, $3.7 billion capital improvement plan to support an equitable, rapid, and lasting recovery as we prepare for a transformative 2021.
With plans to spend $3.3 billion over five years on airport improvements, the 2021-2025 capital improvement plan invests in projects to preserve assets, improve customer service, expand economic activity, generate additional Port revenue, and reduce environmental impact. Major projects include the new IAF; the second phase of the North Satellite Modernization Project, Central Terminal Renovation, Main Terminal improvements in ticketing, bag check, and security checkpoint areas; a multi-story expansion with amenities and tenant space on the C concourse; and accelerated installation of noise insulation for residential neighbors.
From U.S. Small Business Administration Newsletter:
The pandemic is impacting small businesses across America. National Write a Business Plan Month is a good reminder to review your business plan and make any necessary adjustments.
Article: Why December is a Great Time to Review Your Business Plan – Bridget Weston Pollack
Did you know small businesses impacted by the pandemic may qualify for tax credits and other relief? Find out what options are available.
Reminder! If you are a small businesses, nonprofit organization of any size, or a U.S. agricultural business with 500 or fewer employees that have suffered substantial economic injury as a result of the Coronavirus (COVID-19) pandemic, you can still apply for the COVID-19 Economic Injury Disaster Loan (EIDL).
Are you looking to set up an e-commerce platform and grow international sales? Join the SBA on Tuesday, December 15 at 11:00 AM PST for a webinar to learn how to apply for up to $10,000 in grant money to help make it happen.
In partnership with the US DOT SBTRC-NW the Port of Seattle presents the 2020 Advanced PortGen Workshop series. The workshop series will utilize subject matter experts that are active within the industry. MBDA-Tacoma Business Center is co-sponsoring the workshop series that includes two tracks:
Please see details and registration details below for each track.Read More
L&I Essentials for Business series: Employment Standards/Wage & Hour Rules
Join the Washington SBDC to receive basic employer information for employers in Washington state. This webinar will be help current employers check to see if they are covering the bases and is essential for new and pivoting employers. Considerations from hiring independent contractors to minimum wage, overtime (including recent rule changes), paid sick leave & protected leave, Equal pay Act, worker protections,
Sign up here, to attend this no cost on-demand webinar. The following topics will be covered:
The presenter will be Mia Johnstone, Washington SBDC Certified Business advisor.