Join WBENC on December 2, 2-4PM EST to learn from Hilton corporate leaders and leading Certfied Women Business Owners on how to develop a capabilities statement that stands out and effectively communicates your company’s strengths. Capabilities statements are a key requirement in the pre-qualification for government projects, private sector major projects and sub-contractor work. Gain firsthand insights from WBEs who have successfully utilized capabilities statements to secure contracts and grow their businesses and how to effectively follow up after submitting your capabilities statement for RFPs and RFIs. REGISTER NOW.
Small Business Administration
The SBA announced the following updated guidance for COVID Economic Injury Disaster Loan (EIDL) program applicants to better serve small business owners in need, while funding remains available:
- EIDL loan and Targeted Advance applications will be accepted until December 31 and will continue to be processed after this date until funds are exhausted.
- Supplemental Targeted Advance applications will be accepted until December 31; however, the SBA may be unable to process some Supplemental Targeted Advance applications submitted near the December 31 deadline due to legal requirements. The SBA cannot continue to process Supplemental Targeted Advance applications after December 31 and strongly encourages eligible small businesses to apply by December 10 to ensure adequate processing time.
- Borrowers can request increases up to their maximum eligible loan amount for up to two years after their loan origination date, or until the funds are exhausted, whichever is soonest.
- The SBA will accept and review reconsideration and appeal requests for COVID EIDL applications received on or before December 31 if the reconsideration/appeal is received within the timeframes in the regulation. This means six months from the date of decline for reconsiderations and 30 days from the date of reconsideration decline for appeals – unless funding is no longer available.
The COVID EIDL and EIDL Advance programs still have billions of dollars available to help small businesses hard hit by the pandemic. More than 3.8 million businesses employing more than 20 million people have found financial relief through SBA’s Economic Injury Disaster Loans.
The New York Department of Small Business Services has two training opportunities for your employees:
Training for Your Employees program provides no-cost, online training to help NYC-based business owners and employees. Training is provided for essential technology tools and COVID-19 safety, including:
- Computer applications (e.g. computer basics; Zoom*^; Microsoft Office 365 – Word, Excel, PowerPoint, Outlook, Access; Google Workspace*^ – Gmail, Sheets, Docs, Drive, Hangouts; QuickBooks)
- Online marketing and creating a website
- Online sales and e-commerce
- Health and hygiene in a pandemic*
- COVID-19 safety for food and beverage businesses*
- COVID-19 safety for retail*
All trainings are taught online with a live instructor on specific dates/times.
Click HERE to learn more and to Apply.
The Customized Training program provides federally funded grants to help NYC-based businesses train and retain their employees. This competitive, reimbursable training grant is available for businesses that are for-profit, operating for at least one year, and able to pay for training upfront. Customized Training grants offer financial support to make training your staff more affordable. The right trainings can help your bottom line, reduce employee turnover, improve morale, promote an efficient and productive workforce, and increase your competitiveness in the marketplace.
Click HERE to learn more and to register for an upcoming information webinar.