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COVID-19 BUSINESS UPDATE

Important Information For Businesses Being Impacted by the COVID-19 Pandemic

***UPDATED*** BUSINESS IMPACT SURVEY 

While County Executive Matthew Ossenfort and our other local officials are leading us through the COVID-19 pandemic, the Business Development Center is focusing on what comes after the crisis. People will need to get back to work and that only happens if local businesses have the right tools to re-open as quickly as possible.

To ensure we in Montgomery County #ComeBackStronger, we're asking local businesses of ALL SIZES should ACT NOW and complete our updated community survey. The results of the survey will help county, state and federal officials understand the specific needs of local employers, so they can provide the best assistance and make the most appropriate decisions on how to help.
Complete the MCBDC Business Impact Survey

UNDERSTANDING FINANCIAL PROGRAMS & RESOURCES AVAILABLE

On Monday, March 30 from 3:30-4:30PM, the International Economic Development Council will be hosting a webinar to help businesses of all sizes understand the myriad programs being offered by the federal governmen to help communities and businesses respond and recover from the COVID-19 pandemic. The webinar will convene top experts in understanding, leveraging and deploying financial programs and resources, including those from SBA, CDBG and EDA. Sign up HERE.
RSVP for the IDEC Webinar

APPLY FOR A SBA DISASTER LOAN

Small business owners in New York State are now eligible to apply for a low-interest loan due to the COVID-19 (Coronavirus) pandemic.

The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Apply online HERE.

(Note: The site is experiencing high volumes of traffic and may at times be down. Make sure to check back if it isn't immediately available.)
Apply for U.S. SBA Disaster Assistance

ADDITIONAL USEFUL LINKS FOR BUSINESSES 
Below are useful links to help address some of the most frequently asked questions currently being received by our office. A complete collection of links and resources for businesses being impacted can be found on our website HERE. 

Guidance Regarding New York State on "Pause"

NYS Department of Labor Shared Work Alternative

Business Guidance from Empire State Development

U.S. Department of Labor - Fair Labor Standards Act Questions and Answers
Keep up to date with breaking COVID-19 information and other MCBDC initiatives by following us on Facebook and LinkedIn.
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Montgomery County Business Development Center
9 Park Street, P.O. Box 1500
Fonda, NY 12068

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