Miami-Dade County is launching a $25 small business micro-loan program. It is initially targeted to help small businesses hurt by the economic disruption caused by the pandemic, The Rise Miami-Dade program is designed to help small businesses that haven’t been to get other economic aid. The county will use community groups […]
Tag: COVID-19
PPP loan forgiveness just got easier: Congress approves key rule changes
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 […]
How to reinvent your small business for the ‘new normal’
Change can come in a shift over time or in an instant through a trigger. COVID-19 is that trigger. Our needs have changed, and so our expectations have also changed change. At the intersection of the trigger and customer needs is where reinvention can happen. Adriana Madrinan, a consultant at […]
COVID-19 relief: Pitbull-backed program offers emergency grants to Latino small businesses
During these challenging times, Growbiz aims to bring you not only advice on growing your business but also resources and tips on surviving the economic fallout of COVID-19. We know that for many, survival is job one right now. Here is a new resource for Latino small businesses. In an […]
COVID-19 relief: Miami-Dade makes forgivable loans available to struggling small businesses
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 […]
New surveys paint a bleak picture for small businesses amid COVID-19
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 […]
Applying for the PPP? Here’s some advice from the front lines
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 […]
Second chance at PPP funding likely to open Monday and it won’t last long
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 […]
COVID-19: Resources to help your small business now
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 […]
Miami-Dade Beacon Council and County launch COVID-19 resource sites for businesses
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 […]