Despite the improved numbers for new cases and deaths compared to the peak of the pandemic, COVID-19 continues to have an outsized impact on small businesses.
The passage and signing of the American Rescue Plan Act in March kicked off another round of funding for COVID relief, which includes several assistance programs for small businesses. While this is good news for struggling business owners, many either don’t apply or underestimate the amounts that they qualify for, said Kayla Banda, a business development advisor with the Nevada Small Business Development Center.
Some business owners and independent contractors don’t even know that relief options exist, especially smaller assistance programs run by local and state entities.https://www.usatodaynetworkservice.com/tangstatic/html/pren/sf-q1a2z3be0d353f.min.html
“The big thing is that a lot of businesses don’t know that they can qualify for assistance,” Banda said.
“I’ve talked to clients who had no idea that they could actually qualify as a new business, for example. I’ve also had clients who left money on the table when they could’ve gotten more.”
Read the entire article at the Reno Gazette-Journal: https://www.rgj.com/story/news/money/business/2021/04/12/heres-list-pandemic-assistance-programs-small-businesses/7160699002/