Helping Businesses Grow & Succeed
Small business owners that received forgivable PPP loans can breathe a sigh of relief. Congress has cleared a bill making needed changes to the federal Paycheck Protection Program, which was designed to keep small businesses afloat during the height of the coronavirus pandemic. The bill is expected to be signed […]
Miami-Dade County is joining cities in South Florida offering forgivable loans to small businesses hurt by the economic fallout of the COVID-19 pandemic. Called the Small Business Forgivable Loan Program, the county is offering $5 million worth of forgivable loans for small businesses employing low-wage workers. County commissioners approved the […]
Small business owners who received a PPP loan of less than $2 million won’t likely face a federal audit. That’s according to new guidance released this week by the Small Business Administration and the US Treasury. The Paycheck Protection Program, a forgivable loan program, allows small businesses hurt by the […]
Enterprise Florida, the state’s economic development agency, announced this week a new trade grant program to help the state’s small and medium-sized companies continue doing business overseas even as international travel is greatly restricted by the COVID-19 pandemic. The Virtual Business Matchmaking program will allow the state’s business community to reach new […]
Most U.S. small businesses expect to be out of business within 6 months. That’s from new research released today by SHRM (Society for Human Resource Management) warning that the state of small business could go from bad to worse. The survey examines the impact of COVID-19 and identifies significant, widespread […]
The City of Miami is launching two new small business assistance programs to provide relief to City businesses affected by the COVID-19 economic downturn: the Business Continuity Micro-enterprise Assistance Program and the Small Business Emergency Loan Assistance Program. The application period for both programs begins Monday, May 4th and is open only to […]
Roberto Castellon is a consultant at Florida SBDC at FIU who has been helping about 80+ small businesses hurt by the COVID-19 crisis apply for forgivable loans through the government’s Paycheck Protection Program over the past three weeks. That includes fielding the small business owners’ questions nonstop and learning about […]
As the coronavirus crisis has continued to wallop small businesses, small business owners now have a second chance at getting a loan that could help them keep their companies afloat and pay their employees. After Congress approved it, President Trump signed into law a relief package today that includes a […]
Like you, the team at Florida SBDC at FIU, the small business development center within the university’s College of Business, has been following developments with the Coronavirus (COVID-19). Here is some updated information the organization is sharing on COVID-19-related resources. We’ll start with some important updates on SBA financial assistance […]
The Miami-Dade Beacon Council, the county’s official public-private economic development partnership, is working closely with Miami-Dade County and other community partners to alleviate economic stress on the community as a result of the COVID-19 crisis. Two resource sites, have been launched and will be updated continuously: BizHelp.Miami is a one-stop online portal that […]