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Dear <<First Name>>,
DC Government is NOW accepting applications for its $25 million fund, Small Business Recovery Microgrants, to support small businesses impacted by COVID-19 during this public health emergency. The grant application process will begin on Tuesday, March 24.Business should be prepared to submit 2017 and 2018 tax returns, 2019 Profit and Loss Statement and Schedule of Liabilities.
Please review the steps detailed in the infographic below before starting your application. For additional information visit: https://coronavirus.dc.gov/recovery-business
**See a list of small business support organizations available to help you with your microgrant and/or disaster assistance loan application.
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Small Business Support Organizations Providing Assistance
- Anacostia Economic Development Corporation (AEDC), Signup Here; 202.889.5100
- Ciocca Center, One-on-one consultations
- DC Chamber of Commerce, info@dcchamber.org; 202.347.7201
- DC Procurement and Technical Assistance Center, DSLBD.PTAC@dc.gov; 202.727.3900 (select option #7)
- DC SCORE, chapter1@scoredc.org; 202.619.1000
- DC Women’s Business Center, info@dcwbc.org202.393.8307;
- Great Washington Hispanic Chamber of Commerce (GWHCC), info@gwhcc.org; 202.728.0352
- Latino Economic Development Center (LEDC), inbusiness@ledcmetro.org; 202.540.7416
- Life Asset, contactus@lifeasset.org; 202.709.0652
- Rhode Island Main Street, info@friendsofria.org (businesses in Brookland)
- jessica@bladensburgroadmainstreet.org (businesses on Bladensburg Road from Mt. Olivet Rd NE to Eastern Ave)
- lauren@riamainstreet.org (businesses on Rhode Island Ave NE from 3rd St NE to Eastern Ave)
- Veterans Business Outreach Center; 202.205.6773
- Washington Area Community Investment Fund (Wacif), Signup Here; 202.529.5505
Webinar
- Stay Connected to Your Customers, Wednesday, March 25 at 2 pm Experts in branding, social media, and e-commerce will provide practical advice on how your business can adapt, as well as answering any questions you have on staying connected to your audience and building support in new, creative ways. Register Here
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Small Business Disaster Loans
The SBA’s Office of Disaster Assistance will provide targeted, low-interest loans of up to $2 million to District-based small businesses that have been severely impacted by COVID-19.
As you look to apply for these SBA loans, here some things to keep in mind and simplify the process:
- Start the online application process by clicking here and then press Apply for Assistance;
- Prepare to apply by reviewing the “Three Step Process” of SBA Disaster Loans to understand what to expect in the application process;
- Remember that the online application requires at least three (3) years of tax returns; and,
- Contact the SBA Disaster Assistance Customer Service Center at 1.800.659.2955 (7 AM to 9 PM - every day) or disastercustomerservice@sba.gov for help in completing the online application.
- If you need any additional assistance in the application process, please do not hesitate to contact DSLBD’s DC PTAC Team at DSLBD.PTAC@dc.gov or 202.727.3900 (select option #7).
Other COVID-19 Financial Assistance Opportunities
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On behalf of co-chair for the Economic Development Committee
Harold Pettigrew, Washington Area Community Investment Fund (Wacif)
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Evette Banfield
VP, Economic Development Policy & Wealth Building Strategies
Coalition for Nonprofit Housing & Economic Development
202.745.0902 ext. 203
727 15th Street NW, Suite 600
www.cnhed.org | @cnhed | Newsletter
Become a Member Today!
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