Small Business Covid-19 Recovery Resources

With an increase in hardships due to the COVID-19 pandemic, small businesses are in need of help now more than ever. Below, we have gathered a list of resources to explore to help aid the adversity caused by COVID-19. We are adding resources as we become aware of them.

Recovery Resources

  • Small Business Development Centers: America’s SBDCs are working to help small businesses address the challenges of the coronavirus disease pandemic. Their site offers webinars, materiels, a Resiliency Guide, and many other helpful items. You can also contact your local SBDC for more personalized help.
  • Small Business Majority: SBM provides tips, resources and  information on new funding opportunities and policy developments that they share on their website and through online presentations. They post daily updates with useful information about the ways small businesses can prepare for the impact of COVID-19 on their business and community.
  • Coronavirus Communication Toolkit: The U.S. Chamber has compiled CDC’s coronavirus recommendations for businesses and workers across the country.
  • CO’s Guide to Reopening: Designed for business owners, CO— is a site that connects like minds and delivers actionable insights for next-level growth. While reopening plans vary by state and industry, CO has provided tools and strategies to communicate with your employees, customers and business partners.
  • Opportunity Fund: In addition to providing small business financial assistance, their website also offers all types of assistance for small business owners, from webinars to loans available to mental health resources to payroll, their site has it all.

Paid Leave and Tax Filings

Paid Leave Options:

•  California Employment Development Department (EDD) resource page. The new Pandemic Unemployment Assistance (PUA) program is now available to help unemployed Californians who are business owners, self-employed, independent contractors, have limited work history, and others not usually eligible for regular state unemployment insurance benefits. Learn more here.

•  California Labor and Workforce Development Agency Summary Chart of Benefits for Workers Impacted by COVID-19

•  California Labor Commissioner’s Office FAQ

•  California Employers Association resource page

•  Pacific Community Ventures article: “How to Get Started: Paid Leave

Tax Filing Extensions:

•  The Internal Revenue Service (IRS) and the California Franchise Tax Board have both extended personal tax filing deadlines until July 15.

•  Due to an executive order signed by Governor Gavin Newsom, the California Department of Tax and Fee Administration is offering a 90-day extension for tax returns and tax payments for all businesses filing a return for less than $1 million in taxes. This means that small businesses will have until the end of July to file their first-quarter returns. Learn more here.

Webinars and Presentations

Join us Nov 18th for TMC's Virtual Appreciation Event and Marketplace! To support our retail clients as we head into the holidays, we are launching a Virtual Marketplace. This event will include music, shopping, and an appearance from Mayor Libby Schaaf! RSVP