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The original item was published from 3/14/2020 8:28:51 AM to 3/18/2020 4:55:05 PM.

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City News Updates

Posted on: March 14, 2020

[ARCHIVED] Coronavirus COVID-19: Business Resources

Coronavirus-Business Resources

A list of local, state and federal resources available to businesses and employers affected by the Coronavirus disease (COVID-19) can be found below.

Interim Guide of Recommendations

The Centers for Disease Control and Prevention (CDC) have created an Interim Guide of Recommendations for businesses and employers to plan, prepare and respond to the coronavirus disease 2019 (COVID-19). This interim guidance is based on what is currently known about COVID-19 and may help prevent workplace exposures to acute respiratory illnesses, including COVID-19, in non-healthcare settings. The guidance also provides planning considerations if there are widespread, community outbreaks of COVID-19. 

To prevent stigma and discrimination in the workplace, the guidance in the link below is to determine the risk of COVID-19. Do not make determinations of risk based on race or country of origin, and be sure to maintain confidentiality of people with confirmed COVID-19. There is much more to learn about the transmissibility, severity, and other features of COVID-19 and investigations are ongoing. 

Click here for the latest recommendations.

Short Time Compensation Program for Employees

The Short Time Compensation program helps employers retain their workforce in times of temporary slowdown by encouraging work sharing as an alternative to layoff. This program permits prorated reemployment assistance benefits to employees whose work hours and earnings are reduced as part of a Short Time Compensation plan to avoid total layoff of some employees. 

Click here for program information, including eligibility requirements and how to apply.

Economic Injury Disaster Loan Program

The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). The program makes loans of up to $2 million that can provide vital economic support to small businesses and private, non-profit organizations in designated areas of a state or territory to help alleviate economic injury caused by COVID-19.

Click here for more information on this program.

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