Small and local businesses are working through COVID19 with creativity. There are ways you can help, and we've put together a list of assistance and resources available for small business owners and built a hub of content to help you navigate the new normal.
You have probably seen posts from your favorite local business owners who are getting creative to keep their businesses thriving during these uncertain times.
Even with social distancing measures, this CNN article suggests ways you can help support local businesses from afar:
- Order takeout from your favorite local spot
- leave a generous tip if you’re able
- purchase a gift card to use when we can safely sit across a table from one another
- try shopping online
There are also a number of resources available for small businesses as a response to COVID-19 and the incredible circumstances our local business owners are facing. We’ve put those resources together here and will update as we learn more.
Please share widely with your friends and neighbors and favorite local establishments.
Artist Emergency Fund: Developed out of a partnership among the Knight Foundation, Central Carolina Community Foundation and One Columbia for Arts and Culture, this fund will provide 40 emergency grants to support artists in Columbia. OneColumbia will accept applications beginning May 8th.
CARES Act: The Coronavirus Aid, Relief, and Economic Security Act
Find out what you need to know about the Paycheck Protection Loan and SBA Economic Injury Disaster Loan programs.
CASE at Duke's COVID19 Capital Relief:
Search this database for grants, loans, and other resources to help entrepreneurs, nonprofits and other business.
City of Columbia
Resilient Columbia: Review this guide for reopening and sustainability plans for small businesses in the Midlands. You can also join webinars hosted by the Economic Recovery Task Force.
Small Business Stabilization Forgivable (SBSF) Loan: SBSF loan funds are designed to provide immediate financial relief needed to strengthen our local small business enterprises that have been affected by the COVID-19 pandemic.
Columbia Chamber of Commerce Business Impact Survey:
Facebook Small Business Grants Program:
We know that your business may be experiencing disruptions resulting from the global outbreak of COVID-19. We’ve heard that a little financial support can go a long way, so we are offering $100M in cash grants and ad credits to help during this challenging time.
Get Started, here
Internal Revenue Service:
The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus. They have also added payroll tax credits and other benefits for small business. This page will be updated as new information is available.
IRS Coronavirus Tax Relief
The Makers Collective
COVID-19 Business Resources for Creative Entrepreneurs
SC Chamber of Commerce:
A Guide For Moving Your Business Forward: This guide covers workplace safety, employment practices, PPE, and more info as you navigate reopening
COVID-19 Business Resource Center.
SC Department of Consumer Affairs:
Protect your finances, your business, and yourself, against scams during the Coronavirus.
The SC Small Business Development Centers:
Small Business Development Centers are equipped to work remotely and will continue to assist clients via phone, e-mail and various online tools. Center phones have either been forwarded to the consultants or they are checking messages regularly. There is a blue box at the top right of the page that they can click and go to a page to sign up for consulting.
SCSBDC Request Counseling (Online) Phone: 803-777-0749
South Carolina Business One Stop (SCBOS):
THey've assembled a list of all partners offering assistance in response to COVID-19.
Small Business Administration (SBA):
Find information on Economic Injury Disaster Loan Program, Guidance for Businesses and Employers, SBA Products and Resources, Government Contracting and Local Assistance.
Get Started, here
Small Business Paycheck Protection Program Overview
SBA Disaster Assistance Service Center:
The Office of Disaster Assistance's mission is to provide low-interest disaster loans to businesses of all sizes, private non-profit organizations, homeowners, and renters to repair or replace real estate, personal property, machinery & equipment, inventory and business assets that have been damaged or destroyed in a declared disaster.
800-659-2955 (TTY: 1-800-877-8339)
SBA Southeast Regional Office:
SBA Assistance for Women-owned Small Business:
SBA Assistance with Small Business Lender Matching:
Use Lender Match to find lenders that offer loans for your business.
U.S. Department of Labor:
Guidelines and information related to the Families First Coronavirus Response Act.
Women's Business Center of SC:
Visit them virtually for online appointment and programs.
OTHER TIPS FOR ENTREPRENEURS
- How and Why to Shift Your Consulting Business Online (Upcoming free webinar)
- Emergency Webinar: Weathering The Storm As A Small Business Owner (Archived free webinar)
- 65 Free Tools to Help You Through the Coronavirus Pandemic
- A PR Checklist for Entrepreneurs Dealing With the COVID19 Crisis
- Create and Cultivate COVID19 Content Hub
Please continue to check back as additional resources will be added periodically.