COVID-19 INDUSTRIAL EMPLOYER UPDATES + RESOURCES

SBIDC is committed to being a resource for our City’s industrial employers throughout this crisis. Our offices are closed but everyone on the team is working remotely and is available to provide assistance. We are monitoring news from the CDC, New York State, and City offices. Our Business Services team is coordinating closely with the City on programs to help businesses affected by COVID-19. The team is aggregating COVID-19 industrial employer updates and resources here.

SBIDC wants to hear from you. We will continue to be a resource for industrial and manufacturing businesses throughout the COVID-19 pandemic. We want to respond to and share your concerns and ideas with our government and community partners. Please take a moment to complete this survey so we can better understand your needs and continue to be a resource for you during this difficult time.

Please reach out if you have any questions, need assistance, or have resources to share with the community. Contact us HERE.

BUSINESS ASSISTANCE RESOURCES (WEBINARS + PROGRAMS)

SBIDC BUSINESS ASSISTANCE CLINICS

With new developments in relief programs, health guidelines and policies happening on what seems to be a daily basis, it is difficult for employers to know which news thread to follow, what information is relevant, and how your questions can be heard. As a resource for industrial business owners, SBIDC is launching a weekly Business Assistance Clinic. During these hour-long Zoom meetings, the SBIDC team will discuss issues that businesses are facing and provide space to share experiences and get questions answered.

With the newly released reopening guidelines for Phase 1 industries, SBIDC continues its Business Assistance Clinic this Friday with a discussion on recommended and required safety measures.
The session will include time for Q&A, including further questions on PPP Loan Forgiveness, but please submit questions in advance to Micaela Skoknic at mskoknic@sbidc.org.
Friday, June 5, 2020
11:00am – 12:00pm
Register here.

If you cannot attend in person you can access a recordings of our Business Assistance Clinics below:

May 8, 2020 – PPP Compliance
Here is a link to the recording. Password: 3m#Gu201

May 15, 2020 – PPP Compliance
Here is a link to the recording. No password required

May 29, 2020 – Reopening Guidelines; A discussion with Tom Outerbridge, General Manager of Sims Municipal Recycling
Here is a link to the recording. No password required


MADE IN NYC RESOURCES FOR MANUFACTURERS

Made in NYC compiled the following collection of resources to aid and support small businesses in this current moment:

  • NYC Manufacturer & Small Business Resource Database
  • Online Events & Webinars Calendar
  • Made in NYC’s Free Online Learning Lab
  • NYC Small Business Services Corona Virus Response
  • New York City COVID-19 Response

Learn more here.


LEGAL RELIEF ALLIANCE

The Small Business Legal Relief Alliance (SBLRA), a group of legal service organizations and law firms providing free focused holistic telephonic consultations with pro bono lawyers assisting NYC small businesses impacted by the COVID-19 pandemic.

Who is eligible?

  • Small businesses
  • Nonprofits
  • Self-employed & Cooperatives

What issues can SBLRA assist with? 

1. Loan & Grant Programs (What programs are right for me and how do I apply?)
2. Tax (What are the tax implication of raising funds for employees?)
3. Commercial Leases (Do I need to pay rent next month? How do I negotiate?)
4. Contracts (What to do if the crisis prevents me or another party from performing?)
5. Employment (What should I consider if I need to let employees go?)
6. Insurance (Does my policy cover loss of income?)
7. Intellectual Property (How do I protect my work and trademarks?)
8. Other General Business Issues

For assistance contact any of the email addresses below:
Dale Charles (Impacct Brooklyn) at dale_charles@impacctbk.org
Julian Hill (TakeRoot Justice) at capacity@takerootjustice.org
Arthur Kats (Volunteers of Legal Service) at microenterprise@volsprobono.org
Legal Services NYC at 917-661-4500


NYC FOOD SUPPLY MATCH

Are you primarily a food producer, farmer, processor, distributor, or retailer facing challenges with your demand and/or supply of food?

Given all the ways that Covid-19 has upended supply chains, the City has created a system to match excess supplies with unmet demand. Food Supply Match is a “Craig’s List” or matchmaker for food producers, manufacturers, distributors, facility owners, retailers, and others in the food value chain. Those with excess supplies of a product or services (processing, distribution, refrigeration, etc), and those looking for that product or service, can share their information on a secure platform managed by the City of New York. Both parties can search the site for listings for their specific needs once they have filled out the survey form and created an account.

Register here.


NYS DEPARTMENT ON LABOR: SHARED WORK PROGRAM

The Shared Work Program gives you an alternative to laying off workers during business downturns by allowing them to work a reduced work schedule and collect partial Unemployment Insurance benefits for up to 26 weeks. Instead of cutting staff, you can reduce the number of hours of all employees or just a certain group.

Learn more here.

COVID-19 RELIEF PROGRAMS (LOANS + GRANTS)

NEW YORK FORWARD LOAN FUND

Pre-application for the New York Forward Loan Fund will be open on May 26, 2020 at Noon Eastern Daylight Time. Priority will be given to industries that have been reopened. This is not a first-come, first-served loan program.  Applications will be reviewed on a rolling basis as regions and industries reopen.

  • Small businesses and nonprofits must employ 20 or fewer full-time equivalent (FTE) employees;
  • Small businesses must have gross revenues of less than $3 million per year;
  • Nonprofits must provide direct services and have an annual operating budget of less than $3 million per year; and
  • Have not received a loan from either SBA Paycheck Protection Program (PPP) or SBA Economic Injury Disaster Loan (EIDL) for COVID-19 in 2020.

Click here for more information on how to apply


PAYCHECK PROTECTION PROGRAM

The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.

Here are links to the PPP overview, the borrowers fact sheet, the lenders fact sheet, and the application.
PPP benefits include:
  • Forgiveness of up to 8 weeks of payroll based on employee retention and salary levels
  • Funds can be used for mortgage interest payments, rent, and utilities in addition to payroll expenses.
  • No SBA fees
  • At least six months of deferral with maximum deferrals of up to a year.
Eligibility:
  • Any business, nonprofit organization, veteran’s organization, or Tribal business that employs no more than 500 employees.
  • Sole proprietors
  • Independent contractors
  • Self-employed individuals

Application:

You must apply through any existing SBA 7(a) lender or through any federally insured depository
institution or federally insured credit union. We strongly urge businesses to reach out to their financial institutions to determine requirements.


BRING BACK BROOKLYN FUND

The Brooklyn Chamber of Commerce has created the Bring Back Brooklyn Fund – a community-driven, small business loan program. 65% of the fund is earmarked for Minority and/or Women-owned Business Enterprises — groups that have been shut out of most loan opportunities. Your support will help small businesses pay their bills, clean and sanitize their shops, hire staff, pay vendors, and more. These resources will help our small businesses, including manufacturers, to survive the pandemic and sustain our neighborhoods.
Here’s how you can help:
DONATE: When we all contribute, even if just a little, we can do a lot. You can even give directly to your neighborhood to make a direct impact on your own community.
SPREAD THE LOVE: Help us get the word out and share #BringBackBrooklyn on social media.
LEARN MORE: Visit bringbackbrooklyn.org

FACEBOOK SMALL BUSINESS GRANT PROGRAM

Facebook is offering $4000 grants ($2500 cash, $1500 in optional ads credits) to help small businesses during this challenging time. Applications are open now.
To be eligible to apply, you must:
  • Be a for-profit company
  • Have between 2 and 50 employees
  • Have been in business for over a year
  • Have experienced challenges from COVID-19
  • Be in or near a location where Facebook operates
Learn more and apply here.

SALESFORCE CARE SMALL BUSINESS GRANT

Salesforce is partnering with Ureeka to offer eligible small businesses the opportunity to receive a $10,000 grant to help them through the COVID-19 outbreak.
Learn more and apply here.

GO FUND ME SMALL BUSINESS RELIEF FUND

The GoFundMe.org Small Business Relief Fund will provide micro-grants to qualifying small businesses negatively impacted by the COVID-19 pandemic. The Small Business Relief Fund is part of the Small Business Relief Initiative : a program supported by GoFundMe and our partners. The Small Business Relief Initiative  will supply financial assistance and support to businesses across the country by providing grants, tools, and resources to help during the crisis.
Learn more and apply here.

HELLO ALICE EMERGENCY GRANT 

Hello Alice is offering $10,000 grants being distributed immediately to small business owners impacted by coronavirus, as part of our broader mission to ensure Business for All. In addition to funding, grant recipients will receive ongoing support from the Hello Alice community.
Learn more and apply here.

DIME SMALL BUSINESS GRANT PROGRAM

To help provide support to those neighboring businesses that positively impact our communities, Dime has created the Small Business Grant Program (SBG Program). The SBG Program is designated to be a resource for those small businesses that may not qualify for government programs. The program gives grants between $3,000 and $10,000 to qualifying businesses.

Learn more and apply here.

WHAT CAN YOU DO?

For manufacturers who want to help:

MEDICAL AND EMERGENCY SUPPLIES AND WAREHOUSING:

LATEST UPDATES + HELPFUL RESOURCES