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City News & Events

Posted on: March 25, 2020

COVID-19 – Business Resources Update

In an effort to inform the business community with the latest resources available for businesses affected by COVID-19, the City encourages affected business owners to review the following programs and initiatives:


Programs offered by the Florida’s Department of Economic Opportunity:

 

  • Short Time Compensation Program for Employees: The program permits prorated reemployment assistance benefits to employees whose work hours and earnings are reduced as part of a Short Time Compensation plan to avoid total layoff of some employees. Review eligibility requirements and application guidelines at https://bit.ly/2UynMWf


  • Florida Small Business Emergency Bridge Loan: Available to small business owners that experienced economic damage as a result of COVID-19. These short-term, interest-free working capital loans are intended to “bridge the gap” between the time a major catastrophe hits and when a business has secured longer term recovery resources, such as sufficient profits from a revived business, receipt of payments on insurance claims or federal disaster assistance. Learn more and apply online at https://bit.ly/2UxXl2W


GrowFL Free webinar: Scheduled for Thursday, March 26, 2020 at 11:00 AM.

A panel of experts will discuss how businesses can navigate the challenges of the COVID-19 situation. Topics include financial management, HR issues, remote work & cyber-security, what to do with sales efforts and marketing strategies. Register at https://bit.ly/2QG1b8U.


For additional information, contact Kris Mory at 954.480.4317or kmory@deerfield-beach.com.

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