COVID-19 RESOURCE GUIDE FOR SMALL BUSINESSES
In a time of uncertainty caused by the recent outbreak of COVID-19, we have provided a list of resources that can aid in helping our community’s small businesses. Interested in lending a helping hand? Consider supporting a local small business through curbside/delivery orders or the purchasing of a gift card for future use. Check out this article from Atlanta Magazine for other thoughtful ways to support. If you are aware of other resources that should be added to this list, please reach out to Alena Green, email@example.com.
Invest Atlanta’s Business Continuity Loan Fund
0% interest, 6-12 month deferment, 5-year payment term and the range of loans will be $5,000-$30,000. More information, and to apply, click here.
The Giving Kitchen (Grant)
Financial support for food service workers. More information available here.
Small Business Administration (SBA) Disaster Loan Assistance (Repayable Loan)
Economic Injury Disaster Loans up to 4% interest on up to $2 million. Open to Small Business, Small agricultural cooperative, most private nonprofit organizations that have suffered substantial economic injury. Loans can be amortorized up to 30 years. Applicants can not currently be receiving federal grants/funding and ineligble for commercial loans without creating financial hardship. For more information, and to apply, click here.
Facebook’s $100 M Small Business Grants (Grant)
Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries. More details available here.
A central place to search for and donate to Atlanta small businesses during this time of quarantine. Consider adding your business’ GoFundMe campaign information to the site by emailing firstname.lastname@example.org. Access the full list here.
Specializing in money lending to small businesses owned by women, immigrants and people of color, Opportunity Fund is collaborating with investors and nonprofits to put together a coronavirus relief fund that will provide grants and low-interest rate loans. Learn more.
Yelp Relief for Restaurants and Bars
Primarily focused on supporting independent, local restaurant and nightlife businesses, in the form of waived advertising fees and free advertising, products, and services during this period. More information here.
Coronavirus Relief Bill (CARES ACT)
Curbside (for Restaurants)
Consider adding curbside or takeout options, utilizing phone or social media to facilitate orders, and partnering with platforms like SwipeBy (no fees, no commission).
Delivery (For Restaurants)
Consider adding delivery capacity to your operation. Among the many platforms, it was announced that GrubHub is waiving delivery fees; you can become a GrubHub partner to access fee-free delivery here.
Offering gift cards can provide a way for loyal customers to support you. Below are a few platforms that can assist in setting up the functionality.
- HelpSmallBusiness.com (by Kabbage)
- A free platform where business can sign up to sell gift certificates online, and customers can purchase them to support participating small businesses. Once registered, businesses can send a custom link to their customers. Learn more here.
- How to Implement a Gift Card Program for Small Business
UGA Small Business Development Center
The University of Georgia Small Business Development Center (UGA SBDC) provides tools, training and resources to help, including virtual consulting. Learn more here.
Department of Homeland Security Business Continuity Planning
Consists of a business continuity plan (BCP) training, automated BCP and disaster recovery plan (DRP) generators, and a self-directed exercise for testing an implemented BCP. Learn more here.
Staying Connected with Your Customers
Check out the webinar, hosted by Opportunity Fund, here at this link
Atlanta Wealth Building Initiative:
CDC Interim Guidance for Employers and Businesses
Recommendations to help plan, prepare and respond to Coronavirus. Learn more here.