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Recovery Resources – Reopening plan, Delco fund, Villanova student projects, what’s in CARES II

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Posted by: Main Line Chamber on Friday, April 24, 2020 at 1:30:00 pm
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Pennsylvania’s reopening plan: Chart and Q&A
The Harrisburg Patriot-News provides detailed coverage of Gov. Tom Wolf’s statement about how he plans to start reopening the state’s businesses and easing stay-at-home orders, beginning on May 8. In addition to a chart outlining the plan, the PennLive website provides a detailed set of questions and answers interpreting how the plan will work.


Delaware County to make $1.75 million in grants to small businesses
Delaware County has launched a program to provide $1.75 million in grants for small businesses affected by the coronavirus pandemic. Delco Strong Small Business Support will provide grants of up to $7,500 that can be used for rent, mortgage, utilities and inventory. To be eligible for the grants, businesses must, among other things: occupy a brick-and-mortar location that’s not a residence in the county; have employed fewer than 50 on March 1; and be located in an industrial or commercial district. Online grant applications will be accepted on May 6. Paper applications may be submitted at the Delaware County Courthouse from 12-4:30 p.m. May 6 and 8:30 a.m. to 1 p.m. on May 7. The county plans to release more information on the grant process at 2 p.m. on April 24 at www.DelcoStrong.delcopa.org.


Montgomery County considering second small business grant program
In an update to the webpage on its MontcoStrong Small Business Grant Program, the county said it is evaluating the resources available for a new round of funding under the program, as well as other initiatives to help businesses affected by the pandemic. The county said it will provide updates on those matters on its website. In the first round, the county awarded 43 grants totaling $997,443.15, with all grant recipients getting the full amount they requested. It received 1,520 applications for $33.7 million in grants in six-and-a-half hours on April 8.


U.S. House passes $484 billion bill funding small businesses, hospitals and testing
By a 388-5 vote, the House of Representatives on Thursday passed a $484 billion bill to fund small businesses, hospitals and coronavirus testing, the Washington Post reported. President Trump is expected to sign the measure, which passed the Senate on Tuesday. The bill provides $310 billion for the Paycheck Protection Program; $60 billion for a different program to provide emergency loans and grants to small businesses; $75 billion for hospitals and health-care providers; and $25 billion for a new coronavirus testing program. The bill was the fourth passed by Congress in the past two months to deal with the economic impact of the coronavirus pandemic and lawmakers have begun talking about a fifth that would include support for cities and states, which President Trump supports but Senate Majority Leader Mitch McConnell (R-Ky.) opposes.


Villanova matching businesses and students looking for remote work
The Villanova University Career Center is offering to try to match Villanova students seeking remote work with businesses looking for help with promotion, website development, a business plan, or loan research, among other things. For more information and to submit an application, visit this page of the center’s website.


UBS holding business owners webinar next week
UBS is offering a webinar for business owners from 4-5 p.m. on Tuesday, April 28, according to The Garvey-Clark Wealth Management Group of UBS, which is a Main Line Chamber member. UBS speakers will be James Jack, who heads its business owner climate segment; UBS Investment Bank’s chief US economist, Seth Carpenter, and global head of private financing markets, Paul Crisci; and Brad Dillon, UBS’ senior wealth strategist, advance planning. Topics they will discuss will include the coronavirus relief and stimulus programs; reopening the economy; the state of the mergers-and-acquisition and capital markets; and estate planning. To register for the event, go here.


Comcast internet program for low-income households offering free service for two months
In response to the coronavirus pandemic, Comcast is making two months of free internet service available to new customers of its Internet Essentials service for low-income households, which typically costs $9.95 per month plus tax.


How to exercise outdoors in the time of coronavirus
If you’re walking, running or biking outdoors, do you need to wear a mask? If you’re in an area where you’re going to encounter other people, the answer is yes. And even though you’re wearing a mask, you still should keep six feet away from other people. Those outdoor exercise etiquette tips are from this Philadelphia Inquirer article.


Best regards-Be safe,

 

Bernie

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Bernard Dagenais 
President & CEO 
The Main Line Chamber of Commerce 
BDagenais@mlcc.org
www.mlcc.org

 

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