The Small Business Administration (SBA) has released details on the $349 billion Paycheck Protection Program (PPP) that was included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was enacted last week. SBA 7(a) lenders may begin processing loans as soon as April 3. However, small businesses impacted by COVID-19 should submit a
Congress passed a $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act. Many Capital Region businesses will need the funding and financial tools it provides to recover from the economic disruptions caused by COVID-19. The Center for Economic Growth is helping local businesses identify stimulus-related funding programs as well as private financing options that can
In response to the coronavirus outbreak, the Center for Economic Growth is leveraging our extensive economic development expertise and status as a federally designated Manufacturing Extension Partnership center to provide the Capital Region’s business community with technical and disaster assistance support. In the past two weeks alone, we’ve consulted with more than 30 Capital Region
There is a tremendous amount of information for businesses on how to respond to the coronavirus pandemic and its impacts on operations. It can be overwhelming. That is why the Center for Economic Growth has compiled this list of 25 links we believe are important to both Capital Region employers and workers. Essential Businesses Andrew
New York State is looking for manufacturers that can help produce critical medical supplies during the COVID-19 crisis. The state is encouraging companies that have the proper equipment and personnel to begin manufacturing Personal Protective Equipment (PPE) products, such as masks. We would like to hear from you. If you have already transitioned (or are
