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April 9, 2020

Dear readers,
 

Tammie Clendenning of the Wisconsin’s Small Business Administration leadership team spoke during Thursday’s “Crossing the Coronavirus Chasm” webinar hosted by the Wisconsin Technology Council. She provided a detailed breakdown of the SBA’s COVID-19 relief programs, eligibility standards, resources and more. She also took questions from our online audience. Her presentation is posted on our website.

In a related but separate development, the SBA has released new guidance that may smooth the way for angel and venture-backed startups to qualify for Paycheck Protection Loans. Read more here. If a minority venture capital shareholder with the right to block board actions "irrevocably waives or relinquishes" these rights, the startup is no longer an affiliate of the fund and in most cases can qualify for the loan if the startup has fewer than 500 employees. The Tech Council was among 130 similar groups nationally that asked for clarification of the rules; we’ll look for follow-up information in the days to come.

Stay safe and sane!

  

CLENDENNING SBAV2

 

Stay tuned for announcements about virtual Tech Council webinars on COVID-19 issues of interest to our members and others.

Do you have news or best practices to contribute to a future edition of Tech Council Current?
Contact Laura@wisconsintechnologycouncil.com 

Sincerely,

Tom Still, president

InsideWis: How Epic’s digital health tools are helping fight COVID-19
Until a few months ago, some health-care professionals were just as likely to view the use of electronic health records as a burden as an asset. Today, with the COVID-19 crisis nearing a disturbing crescendo in many U.S. states, those attitudes may be changing.

Experience thus far in the coronavirus outbreak suggests that digital health records and related online tools, such as telemedicine, are helping hospitals and health systems cope with the surge in requests for virtual diagnoses, analyzing trends in COVID-19 testing and managing cases requiring critical care.

Wisconsin-based Epic, a pioneer in the development of electronic medical records, provides such records for more than half of all Americans through 491 health systems. Its evolving story is a leading example of how health information technologies are making a difference in the lives of millions.
Click here to read the full column.

 
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Aberdean Consulting is hosting several webinars to enhance the remote working environment safety:
Fast Track to using Microsoft Teams on Tuesday, April 14
Remote Office/Home Office Personal Security Discussion on Thursday, April 16

WARF's Crossroads of Ideas webinar (first of three-part series) will feature health experts to highlight how UW-Madison has been responding to the COVID-19 pandemic on Tuesday, April 14

Wisconsin Women Entrepreneurs is hosting a virtual lunch designed for networking and mentoring on Thursday, April 16.

Join UW-Madison’s Nelson Institute for Environmental Studies for their Earth Day Conference on Monday, April 20

Baker Tilly is offering a series of coronavirus-related business concerns (registration for all):
From survival to recovery: Shielding your supply chain from COVID-19 on Wednesday, April 15
A briefing on coronavirus-related tax relief on Wednesday, April 22
Crisis, continuity and recovery: A real-time enterprise risk workshop on Wednesday, April 29

 

upcoming virtual events

  • 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.
  • 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.
  • Small Business Administration (SBA) has guidance for businesses, and is offering low-interest Economic Injury Disaster Loans (EIDLs) for businesses and non-profits impacted by coronavirus
  • Centers for Disease Control: Coronavirus latest updates
  • Wisconsin Department of Health Services: COVID-19 Outbreaks in Wisconsin
  • The FDIC has provided guidance to banking institutions and consumers affected by COVID-19 and encouraged financial institutions to work constructively with borrowers and customers in affected communities.
  • The Department of Labor has issued guidance on the Families First Coronavirus Response Act: Employer Paid Leave Requirements.
  • NIST Manufacturing Extension Partnership (MEP) centers are providing services to small- and medium-sized manufacturers such as connecting businesses that are pivoting their production in response to the coronavirus to new supply chains, connecting firms with state resources, advising companies on new operational issues, and providing workforce support.
  • COMPTIA offers eight cybersecurity tips for working remotely
  • Wisconsin COVID-19 Startup Talent project to help those displaced from jobs and employers now hiring
  • (newThe Department of the Defense has established the Joint Acquisition Task Force (JATF) for COVID-19 to assess and rapidly respond to challenges presented by this pandemic. They are collecting information from both government and non-government personnel who are interested in getting involved. All resources and solutions are welcome from industry, academia, venture capital firms, individual contributors and more. Request information here.
CoVID-19 news graphic - BIZ resources
Move to online schools offers students chance to enter ‘Wisconsin YES!’ business plan contest
The closing of schools across Wisconsin due to the COVID-19 epidemic means teachers and students will pursue instruction opportunities online in the coming weeks. One useful tool readily available for middle- and high-school students is the Wisconsin Youth Entrepreneurs in Science, or Wisconsin YES!, contest. Public, private and home-schooled students across Wisconsin are eligible to turn their science- and tech-related ideas into business plans and compete for cash and prizes. This free, statewide youth business plan contest is modeled after the successful Governor’s Business Plan Contest. It is open for online entries from Wisconsin middle- and high-school students through 5 p.m. April 13, 2020.
The contest begins with a 250-word summary submitted through WisconsinYES.com.

 
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 CoVID-19 news graphic The Journal Times: Evers directs DNR to close 40 state parks, forests and recreational areas
Inc.com: How startups can apply for paycheck protection loans
WisBusiness: DHS predicts coronavirus infections to peak in three to six weeks
The Journal Times: State projects 27% unemployment rate due to COVID-19
BizWomen: How to protect your business from COVID-19 chaos
Gov. Evers Issues order to provide flexibility for various professions during COVID-19 public health emergency
InWisconsin: WWBIC offers online classes and new loan program for small businesses affected by COVID-19
WFRV: Better Business Bureaus warns small business owners about SBA Scam circling Wisconsin
Wisconsin State Journal: Concerts on the Square delayed 5 weeks to July 28 start amid COVID-19 pandemic
Milwaukee Business Journal: 'Too early to tell' whether Gov. Evers will lift Safer At Home order: Health secretary Palm
Madison.com: Record 16.8 million have sought US jobless aid during coronavirus pandemic
Milwaukee Business Journal: Health-care providers rally to fight pandemic (Video)
HuffPost: The coronavirus pandemic could force half a billion people into poverty
Wisconsin State Journal: Robots deliver food to UW students still on campus during COVID-19 pandemic
The New York Times: C.D.C. releases early demographic snapshot of worst coronavirus cases
BizTimes Milwaukee: Rockwell, Enerpac and Twin Disc are latest to announce cuts and cost saving actions

 
 
 
View Tom Still's InsideWis full archives by clicking here.
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View The Show full archives by clicking here.

CoVID-19 news graphic - other resources

  • (new) WI Health Connect: Think you may have COVID-19? Free, confidential over-the-phone screening now available.
  • Live dashboard with QUICK NUMBERS and FACTS on the IMPACT of COVID-19
  • View UW-Madison’s COVID-19 top updates, plans and response.
  • IdeaAdvance: Get your idea off the ground: Learn more about this $75,000 seed fund.
  • Newance is offering free “Office Hours” for business leaders: Reach out to Amanda Daering.
  • Fiveable offers free AP assistance, the exams through CollegeBoard are scheduled for at-home and online in May.
  • Access Microsoft’s efforts to help teams work remotely and navigate online.
  • Michael Best has formed a COVID-19 Task Force to address business and legal implications.
  • Reinhart’s Coronavirus Resource Center includes the impact of HR 6201 on employees.
  • BDO monitors the latest COVID-19 business impacts and regulatory updates.
  • Wisconsin Veteran’s Chamber of Commerce: Member guide, understanding COVID-19 and how to plan.
  • Learn more about Epic tools that can help you and your organization treat and prevent the spread of COVID-19.
  • WIPLFi: Information to help businesses and individuals weather the coronavirus.
  • Quarles & Brady has created a resource of COVID-19 articles that impact clients and businesses.
  • Click here to sign up for the WisPolitics/WisBusiness daily healthcare report.
  • gener8tor is working in conjunction with AmFam Institute to host emergency one-week virtual programs for small businesses affected by the COVID-19 outbreak.
  • Husch Blackwell explores issues at the intersection of law and public health emergencies.
  • TASC is making its expertise and emergency benefits accounts available for free to Dane County employees in 2020.
  • Neider & Boucher provides their clients with the necessary focus to help define and reach their goals during COVID-19.
  • UW-Madison’s CROWE researchers track and analyze the economic impact of COVID-19 in Wisconsin and beyond.
  • WMC launched a Coronavirus (COVID-19) Business Resource Center and Employer Toolkit.

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