Run by the Florida Department of Economic Opportunity, it helps employers maintain their staff by reducing the weekly working hours during temporary slowdowns to mitigate against lay-offs. There is also an innovative Short Time Compensation Program aimed at helping business owners retain rather than lay-off staff. The bridge loan program, managed by the Florida Department of Economic Opportunity, will provide short-term, interest-free loans to small businesses experiencing economic injury from COVID-19. Florida Small Business Emergency Bridge Loan Program: Ron DeSantis announced new SBA low-interest loans of upwards of $2 million dollars that the Beacon Council says businesses facing “economic injury” due to COVID-19 can use to “pay fixed debts, payroll, accounts payable, and other bills that can’t be paid because of the disaster’s impact.” These are also available to non-profit organizations.ģ. Small Business Administration (SBA) Loans: Finney said this data will be leveraged to design recovery programs, resources, and initiatives.Ģ. The state is urging business owners to complete a survey explaining the impacts of coronavirus on their business and the local economy. “Nearly 90% of businesses in Miami-Dade would be qualified as small businesses so that means nearly every business here is eligible,” said Michael Finney, the chief executive officer of the Miami-Dade Beacon Council.įinney is encouraging every entrepreneur in South Florida to participate in a state survey as officials from the Florida Department of Economic Opportunity and the Florida Division of Emergency Management gauge the effects of the crisis.įor more information about the survey, click here, and for information about the aid available to private businesses call 85 or e-mail RESOURCESįinney says while that work is being done, state leaders have launched three resources aimed at helping small businesses with expenses and staff retention. The Small Business Administration is also offering loans at low rates. Ron DeSantis announced Florida will be making loans available to small businesses.
Chamber of Commerce is asking the federal government for an expansion of loans to businesses. It’s all happening at once," Heidi Shierholz, senior economist at the Economic Policy Institute, told The Associated Press, adding that “no one knows how long it’s going to last.” The Dow Jones Industrial Average suffered its biggest one-day percentage loss since the Black Monday crash of 1987 and economists said the pace is faster than during the 2008 financial meltdown.
#GRAMPS WYNWOOD OWNER HOW TO#
Without having lost their jobs, there were salary employees who were already researching how to apply for unemployment and food stamps overs fears of a recession. “Our hard-working residents will be hit hard by this crisis, and I believe it is our duty to help them keep going and keep their families safe,” DeSantis said. Ron DeSantis asking him to ask the federal government to make sure that an unemployment assistance program is available to assist those with loss of wages. Miami Commissioner Manolo Reyes sent a letter to Gov. With a flurry of event cancelations, Camilo Linares, a lighting designer was laid-off on Thursday and Annie Lee’s event planning business is struggling.
The public health measures had some hourly workers in South Florida fearing for their jobs as they live pay-check to pay-check amid a shortage of affordable housing in Miami.
The number of confirmed infections in Miami-Dade County increased rapidly to 23 and in Broward County to 38, according to the Florida Department of Health. It’s a decision he made before President Donald Trump announced Monday that public health officials need restaurants, bars, gyms and casinos to close amid the COVID-19 pandemic. Gersten said public health official’s guidelines on social distancing, which means people should be no closer than 6 feet of each other, prompted his decision to close. “Moneywise, yeah - It’s a disaster,” Gersten said. He said the decision to close is painful. Gramps’ owner Adam Gersten is among the first entrepreneurs to open a business in the popular neighborhood almost eight years ago. But it’s unclear how long they will be able to stay in business. Pizza Tropical, a Brooklyn Pizzeria at Gramps, is still delivering through apps like Uber Eats and Postmates. MIAMI – A sign taped to the main door to Gramps announced on Monday the popular bar in Miami’s Wynwood neighborhood “is closed for the public good.”
0 kommentar(er)
