Creating opportunities for people to live, work, & thrive on the Lower Cape
Tools to Help Small Business
Support small business in our region,
sign onto a letter to our state legislators.

The CDP along with 72 other small business support organizations recently sent a letter to Governor Baker that outlined a number of initiatives that need to be funded by the state to help very small businesses across Massachusetts. The CDP acknowledges that Lower and Outer Cape businesses have many unique challenges in a normal year let alone during a Pandemic and need additional support. We have crafted a letter to our state elected officials to request additional resources for small businesses. Please Read the letter. If you would like to have your name and businesses name included, please provide the following information to Jason at the CDP:
  • name
  • position
  • business
  • address
  • contact phone

The CDP is working to offer programs that are needed in our community. If you have not done so already, please help us plan programs that meet your business needs. Take the Survey. Thank you to those businesses who have already completed the survey.


SBA PPP loan program has received additional funding.
Apply through your bank ASAP .
Small Businesses of all types should apply for this financing. Even if the entire loan is not forgiven, it is still a 2 year loan at 1% (you can't beat that) and no payments for 6 months. If you need help email Pam now.


If you previously applied for the SBA EIDL Loan.
The SBA has begun funding advances up to $10,000 ($1,000 per employee) on applications that were submitted at the end of March/early April. There is a 2-3 week delay in processing, and businesses may not receive notification by phone or email that an advance has been approved. Check your bank account for a deposit of funds from the advance.

Other Resources

Keep the Doors Open - Is employee ownership right for our business? Find out more from the ICA Group.

Cape Cod Resiliency Fund - Live Love Local will provide direct grants to small business owners on Cape Cod to offer some relief from economic damage caused by the Covid-19 pandemic. Applications will open early June.

Artists:
  • The Mass Humanities with funding from the National Endowment for the Humanities will offer grants to museums, libraries, archives and other nonprofit organizations across Massachusetts. Application opens May 4th.
  • Cape Cod Arts Relief Fund from the Arts Foundation of Cape Cod.


Where can I get Business Assistance or help with my SBA loan app or need to learn more about MY businesses options?

Training and Workshop Opportunities:
Small Business Administration's
Loan Resources

The SBA has updated their website with programs for small business. You can visit the SBA Coronavirus Relief website for details about all the programs. The SBA suggests you investigate these options for your business.

The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. This loan is through a local bank or SBA lender. Start with the bank that you currently do business with. SBA Lenders. This program has new funding available apply through your bank NOW.

SBA Debt Relief provides a mechanism for the SBA to pay the principal, interest, and fees on certain existing SBA loans.

U.S. Small Business Administration, SCORE, Women Business Centers, SBDC and Coastal Community Capital are available to help small businesses with the loan application process.

Community Development Partnership | www.capecdp.org | Eastham, MA 02642
This institution is an equal opportunity provider and employer.