MBDA-Tacoma Business Center: COVID-19 Business Information & Resources

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: July 13, 2020 

July 15: COVID-19 BUSINESS INFO SERIES Webinar, 11am – 12pmTacoma 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 Monday & 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.

$10 Million Pledged in Grants to Black BusinessesAmerican Express
American Express is building a coalition, with the U.S. Chamber of Commerce Foundation, that will bring together the U.S. Black Chambers, the National Black Chamber of Commerce, the National Business League and Walker’s Legacy with a $10 million pledge over the next four years to fund a program that will provide grants to U.S. Black-owned small businesses to assist in their recovery and address the challenges they face due to racial and social inequalities. More information will be available at ShopSmall.com.

Manufacturer Recovery Assistance FundsImpact Washington
Impact Washington is inviting Washington based US Small-and medium-sized manufacturers (SME’s) to apply for CARES Act Recovery Assistance funds. These funds provide services that directly support a manufacturer’s ability to recover from the coronavirus. There is no formal application process– your facility’s inquiry into getting the funds starts with a no-cost Recovery Assessment. Click here to learn more.Read More

SBA Pacific NW Region: The USMCA went into effect July 1. Here’s what you need to know.

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: Goals for under-represented firms established for federally funded projects

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

Statement by MBDA National Deputy Director

“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

New Free SBA Certification Process Launching July 15 for Women-Owned Businesses

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

Update: Available Resources, Grants, and Loans for Small Businesses

As you may have already heard, SBA EIDL applications that have been submitted to the SBA but not approved due to lack of funding are being reviewed, processed and submitted during this second release of appropriations.  They are NOT accepting any new applications online.  The only application available is the regular Disaster Loan that you can apply for — but not the EIDL loan or $10,000 grant advance.

Good News! There are still other free grants, loan programs, and resources available to assist your business:

Read More

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