Resources for assisting your organization and constituents

Here are some vital resources for helping you respond to the COVID-19 pandemic.

Business Damage Assessment Survey for Coronavirus (COVID-19)

Governor Ron DeSantis has announced the activation of the Business Damage Assessment survey to assess the impact of COVID-19 on Florida’s local business operations. The survey, managed by the Florida Department of Economic Opportunity (DEO), will evaluate businesses affected by COVID-19 and the impacts the virus has had on the local economy so actions to implement appropriate relief programs can begin.

• Survey Link

Florida DEO Emergency Bridge Loan Program for Small Businesses Impacted by COVID-19

The Florida First Capital Finance Corporation works with the Florida Department of Economic Opportunity on this effort.

• Link

SBA Disaster Assistance Loans Available for Florida Small Businesses Impacted by COVID-19

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations, the SBA is offering Economic Injury Disaster Loans to help meet working capital needs caused by the coronavirus.

• Resource Partners Link
• Application Link

Florida SBDC disaster specialists can assist small businesses in developing a preparedness plan and with other strategies to safeguard their employees and customers, and ensure the continued operation of their business.

Florida SBDC business consultants, many of whom are Disaster Recovery Institute (DRI) Certified Business Continuity Professionals, will be available to assist small businesses to prepare disaster loan applications and with other post-disaster challenges at no-cost.

Disaster Unemployment Assistance

Disaster Unemployment Assistance (DUA), administered by the Florida DEO, provides assistance to individuals whose employment has been either lost or interrupted as a direct result of the COVID-19 pandemic.

• Link

Short-Time Compensation Program For Employers

The Short-Time Compensation program helps employers retain their workforce in times of temporary slowdown by encouraging work sharing as an alternative to layoff.

The program permits prorated reemployment assistance benefits to employees whose work hours and earnings are reduced as part of a Short Time Compensation plan to avoid total layoff of some employees.

• Link

See all the resources available to you at FEDC's COVID-19 Resource Hub.

Economic Development Update on the Florida Budget

• Job Growth Grant Fund has doubled since the last report from $10 Million to $20 Million
• Improvements to the Rural Regional Development Grant passed with a 25% local match down from 1:1 and an increased staffing grant amount from $150,000 to $250,000.
• Rural Infrastructure Fund is funded at $6.6 million of which $5,000,000 is dedicated to Hurricane Michael impacted counties.
• Workforce Housing: State Housing Initiative (SHIP) is funded at $225M (part of total housing at $370M)
  • Hurricane Michael housing section $30M
    • Down payment and closing cost assistance is $10M of this $30M
• Quick Response Training Grant is funded at $9M. Economic Development Tools - contractual payments under QTI, Brownfield, HIPI, QDSC total $25.725M.
• Enterprise Florida Operating Budget is funded at $16M.
• VISIT Florida is at $50M.
• Space Florida is at $12.5 M total, $1 M MOU w/ Israel Space Florida Infrastructure Fund $6M total.

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