From CWE North Community Improvement District: COVID-19 Economic Development Update

From Kate Haher, executive director:

Please see the update below from the St. Louis Economic Development Corporation outlining resources available during this crisis.

St. Louis Development Corporation is working with our regional partners to provide information, resources, and assistance to small businesses. We are here to help. Please check out the resources below and go to their websites for the most current information and applications. If you need assistance, please call the Small Business Resource Hotline at 314-615-1777.

COVID-19 Regional Business Information Center

The St. Louis Regional Chamber is keeping the most up-to-date website to provide information on COVID-19, with information on business resources, regional resources, travel, and event updates. Please check it often to see the latest information. You can find that website here.

Regional Impact Survey

Please fill out the Regional Impact Survey so we can learn more about your needs and how we can serve you better. You can find the Regional Impact Survey here.

Small Business Resource Fund

The St. Louis Economic Development Partnership, and the St. Louis Development Corporation are offering a zero percent interest loan of up to $5,000 for small businesses in the City of St. Louis and St. Louis County that have sustained economic damage due to the COVID-19 crisis. Loan details can be found here.

Apply here. For questions about the program, please email bizhelp@stlpartnership.com.

St. Louis Community Foundation Regional Response Fund

The St. Louis Community Foundation has established two funds to help small businesses and nonprofits.

The Gateway Resilience Fund will help provide short-term monetary relief to small locally-owned businesses and their employees.

The Regional Response Fund was established to direct aid to local nonprofit organizations delivering services to people affected by the virus including children, the elderly, and isolated. To learn more, click here.

SBA Economic Injury Disaster Loan

The U.S. Small Business Administration (SBA) is offering low-interest Economic Injury Disaster Loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). All businesses in Missouri and Illinois are eligible to apply. Loans can be made for up to $2 million. Submit an application to SBA for a disaster loan at here. For more information on the three step process for obtaining a disaster loan, click here.

America’s SBDC – Missour

To help business owners prepare for the changing circumstances associated with COVID-19, the Missouri Small Business Development Center (SBDC) suggests the following steps to take for businesses financially impacted: Find those steps here.

Contact SBDC Business Counselor, Colleen Mulvihill, directly at cmulvihill@stlpartnership.com.

United Way 2-1-1

Serving United Way of Greater St. Louis’ service area and the entire state of Missouri, United Way 2-1-1 connects people to services that help them live their best possible lives – from basic needs to childcare to disaster relief to counseling. For more information, click here.

OTHER RESOURCES

Ameren Missouri Income Relief Program

STL Take It Home supports local businesses.

MO DED Covid-19 Business Resources

 

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