AT A GLANCE: COVID-19 BUSINESS RESOURCES
· WEDC Small Business 2020 Program: Assistance will be available to Wisconsin-based Community Development Financial Institutions (CDFIs) List of All 23 CDFIs in Wisconsin to provide grants to their existing loan clients to help mitigate business-related cash flow issues in response to the Covid-19 outbreak. Approved CDFIs will make program grants (up to $20,000) available to for-profit businesses meeting the following criteria:
- Current loan recipient in good standing as of 3/1/20 with the approved CDFI (or its collaborating CDFIs);
- 20 or fewer PT/FT employees;
- Greater than $0 but less than $2 million in annual revenues; and, preference should be given to service and retail businesses
· Gov. Evers’ office has launched a statewide COVID-19 website that aggregates information and resources throughout state government.
· SBA: COVID-19: Small business guidance and loan resources.
· The Wisconsin Department of Workforce Development produced this helpful Frequently Asked Questions document.
· WEDC has compiled a comprehensive overview of their resources along with state and federal resources to assist Wisconsin citizens aimed at maintaining the viability of the companies upon which our economy depends.
· Report any scams or price gouging to Wisconsin Department of Justice: If you suspect fraud or a scam, Attorney General Kaul suggests filing a complaint online at datcp.wi.gov.
· U.S. SBA Economic Injury Disaster Loan (EIDL) Program: The declaration is expected to be received and take effect in the coming days. When it is made official, a portal will open on the SBA’s website that allows business owners to apply for working capital loans. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov
· Centers for Disease Control: Coronavirus latest updates
· Wisconsin Department of Health Services: COVID-19 Outbreaks in Wisconsin
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