COVID-19 General Tips and Updates

Small Business Owners Guide from the U.S. Economic Development Administration

LED Growth Network:  We received the attached Small Business Owners Guide from the U.S. Economic Development Administration (EDA) last night to help small business owners leverage federal resources made available by the CARES Act.  Because things are so fluid, I am documenting this information as accurate as of March 31, 2020.  There is a lot of information being disseminated, so please be mindful that your sources are verified and credible.  If you receive something that looks to good to be true or posts that appear to traffic in fear, it probably is not reliable.  Related to cyber security threats, the attached document on establishing a telework security policy was provided by the Governor's Office of Homeland Security and Emergency Preparedness (via ESF-17 Team) which may provide helpful guidance.

The EDA Small Business Owners Guide covers the following - 

  • Paycheck Protection Program
  • Emergency Economic Injury Loans and Grants
  • Small Business Debt Relief Program
  • Additional Small Business Tax Provisions (outside the scope of SBA)
  • FAQs

In addition, the first wave of information provided by the U.S. Treasury Department on the Paycheck Protection Program was posted on their website last night.

The info from U.S. Treasury and downloadable PDFs can be accessed here - https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses

Cyber Risk management
The Small Business Owner’s Guide to the CARES Act

P.S. - Families First Coronavirus Response Act (FFCRA) goes into effect today.

Thanks and stay safe,

Christopher Cassagne

Assistant Director

Small Business Services

Louisiana Economic Development

T              225.342.5882

M             504.715.6091

F              225.342.9390

Christopher.Cassagne@la.gov 

Follow us on Twitter @LEDSmBusiness

www.opportunitylouisiana.com

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