Your Link to Opportunities and Information - Volume 17
Participate in Virtual Matchmaking
Supplier (MBE) Registration:

Buyer (Corporations and other buying entities) Registration: https://www.surveymonkey.com/r/COVID-19MMBuyers

Commonwealth of Pennsylvania Critical Medical Supplies Procurement Portal
The Portal is for manufacturers, distributors and other suppliers to inform the Commonwealth of supplies available and will allow them to more efficiently procure these supplies for hospitals and medical facilities across Pennsylvania. Read more.

Current Bids
Hand Sanitizer, Toilet Paper, Disinfectant Wipes, etc.
The City of Pittsburgh - The Urban League is buying to distribute locally. Suppliers in Southwest PA call Michael Buzzelli or Mary Kay Dietrich at 412-227-4229. 

Mascaro
July 10, 2020

Federal Home Loan Bank of Pittsburgh
July 13, 2020

Federal Home Loan Bank of Pittsburgh
July 17, 2020

Philadelphia Housing Authority
July 22, 2020

ALCOSAN
August 14, 2020
Pennsylvania Statewide Small Business Grant Program - Deadline July 14
The Pennsylvania Department of Community and Economic Development has opened a new $225 million program for businesses impacted by COVID-19. Here's what you need to know:
  • The first round of applications opened on June 30th and will stay open for 10 business days. This program is not first come first serve; they will review all applications received in that 10-day period before making awards. The program will reopen for at least 2 more rounds, so there will be additional chances if you can't apply right away.
  • To qualify, businesses must have under $1 million in annual revenue, 25 or fewer full-time employees, and be compliant on state and federal taxes or on a payment plan
  • Priority will be given to businesses owned by people of color and women, located in low-to-moderate-income neighborhoods, or in industries especially hard-hit by the pandemic. This includes healthcare, childcare, personal care (barbershops, salons, etc.), and restaurants. 
  • To apply, you will need a copy of your most recent federal tax return (2018 or 2019), a recent bank statement, and either your business license, a professional license, or your articles of incorporation. You should also have a sense of how much revenue you've lost during COVID-19 as compared to this time last year. If you're hoping to apply in the first round, start gathering these documents now in order to avoid delays. 
  • Applications must be submitted through a Community Development Financial Institution (CDFI). You can find the full list of participating CDFIs here. All applications will go into the same pool and be reviewed together, so there is no advantage to working with a particular CDFI.
For more information
·      Click here for full details and to join the mailing list
·      Click here for a fact sheet

The SBA is Accepting New Economic Injury Disaster Loan (EIDL) and EIDL Advance Applications  
EIDL Overview:
  1. Low-interest loan at 3.75% for for-profit entities; non-profit organizations are eligible at 2.75%;
  2. Term for EIDL is up to 30 years and there is a one-year deferral from date of loan approval;
  3. Loan eligibility is up to $2 million;
  4. EIDL Advance is $1,000/employee up to $10,000. EIDL Advance does not have to be repaid and will be deposited directly by the Treasury Department; and
  5. All EIDL funding is direct from SBA, does not require third party approval.
  6. If an applicant has previously applied and their loan number starts with a “2”, they are encouraged to re-apply.
 
EIDL Advance: Small business owners in all U.S. states, Washington D.C., and territories are able to apply for an Economic Injury Disaster Loan Advance of up to $10,000. This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance will not have to be repaid. Recipients do not have to be approved for an EIDL loan in order to receive the advance, but the amount of the loan advance will be deducted from total loan eligibility.   

Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. Businesses are encouraged to apply immediately to ensure timely processing of applications and access to funding. Read more.
 
NMSDC Secures Partnership to Connect  MBEs with PPP Funding
The National Minority Supplier Development Council, Inc. (NMSDC) has partnered with  the  Business Consortium Fund (BCF) and Midwest BankCentre to assist certified Minority Business Enterprises (MBEs)   in accessing  funding through the SBA’s Paycheck Protection Program (PPP). If you are a minority business still in need of PPP funding, visit  www.bcfcapital.com/ppp-disclosure  for details and to begin your application process.   
 
SBA Paycheck Protection Program (PPP) – THERE’S STILL TIME  NEW DEADLINE AUGUST 8, 2020  Applications continue to be accepted by SBA Lenders including commercial and community banks, FinTech companies and CDFIs.  Go here for a list of approved lenders to apply for PPP, and to  read more .  Questions regarding the status of your PPP application can be submitted to your lender directly. If you have applied call SBA's 24/7 Customer Service Center at 800-659-2955 to check the status of your loan number.  Click here  to sign up to receive email updates from the SBA.

Paycheck Protection Program Flexibility Act
There are changes to the PPP to make it easier for you to receive the loan forgiveness that is so important. These changes have been made under the Paycheck Protection Program Flexibility Act (PPPFA). A few of the major changes:
  • The covered period is now 24 weeks, up from the previous 8 weeks. You may opt to keep the 8 weeks as your covered period.
  • You may now use up to 40% of the PPP funds on non-payroll expenses, although those expenses are still limited to utilities and mortgage interest.
  • The amount of the funds that must be used on payroll has been reduced to 60%, and not the 75%.
  • For any portion of the loan fund that is not forgiven, you now have up to five (5) years to repay, and not the original two (2) years.
  • Read more
  • Click here for the loan forgiveness application

Business for All Grants - Deadline July 16
Led by Hello Alice, with the support of Verizon, Silicon Valley Bank, Ebay, and small business owners and advocates across America, Business for All provides $10,000 to $50,000 grants, expert mentorship, a strong community, and a comprehensive suite of small business resources.  Read more.
 
New Jersey EDA - Small Business Grants
The New Jersey Economic Development Authority (NJEDA) is supplying $45 million in new grants to underserved small businesses—including black-owned firms— impacted by the coronavirus pandemic. On the eligibility front, Phase 2 increases the employee cap for businesses from 10 full-time employees to 25 full-time workers. Businesses that got PPP loans are eligible for the NJEDA grants. Applicants must provide information on other COVID-19 assistance received, and will be asked to complete a Duplication of Benefits affidavit. Read more.

The Erie County Gaming Revenue Authority (ECGRA) and Bridgeway Capital have Teamed up to Provide Patient Loan Capital to Small Businesses and Nonprofits
The Erie County COVID-19 Response Fund, financed by ECGRA, makes flexible financing available through Bridgeway to help small businesses and nonprofits manage business disruptions, sustain vital services, and stay resilient during the COVID-19 public health crisis. Read more.

Bridgeway Capital New State Grant Program for Small Businesses - Deadline July 14
This will provide grants of up to $50,000 to for profit businesses to help them recover from the effects of the COVID-19 shutdown. The program is being administered by several CDFIs across the state, Bridgeway being one of them. Users can provide their email addresses and get updates from Bridgeway on the program, including when the applications will be available. Read more.

The PA 30 - Day Fund
The Pennsylvania 30 Day Fund will deploy at least $100,000 for diverse small businesses who have suffered loss due to property damage and looting. The nonprofit organization provides $3,000 forgivable loans to small businesses owners who complete a simple application and submit a video. Read more.  

Beyond Spots & Dots’ Women-to-Women Grant Program will Award $15,000 in Grants to Women-owned Small Businesses - Deadline July 15
The Women-to-Women Grant Program will help women continue to lead, particularly those who have been negatively affected by the COVID-19 pandemic. Through July 15th, they will be accepting applications from female business owners in the communities they serve. Of these applicants, three businesses (one Pennsylvania business, one Ohio business, and one Maryland business) will each receive a $5,000 grant to sustain their businesses. Read more.

Rental Assistance for Philadelphia Residents
Renters whose income has been affected by COVID-19 will be able to apply for PHL Rent Assist Phase 2 starting on July 6th on a first-come, first-serve basis. Eligible households could get grants up to $750 a month for six months paid directly to their landlord. Applications go directly through the Philadelphia Housing Development Corporation.

The CARES Pandemic Mortgage Assistance Program (PMAP)
Homeowners whose income has been affected by COVID-19 may be able to apply for the CARES Pandemic Mortgage Assistance Program (PMAP) also starting July 6. Eligible applicants could get grants of as much as $1,000 a month for six months.  Applications go directly through the Pennsylvania Housing Finance Agency. And check out PACDC's recently released policy agenda , Responding to COVID-19: An Agenda for Renters, Home Owners, Small Businesses, and the Non-Profits that support them.
Whole Technology provides outsourced and supplemental IT services to companies of all sizes. They are also an official partner for Microsoft, Cisco, Meraki, Dell, Proofpoint, and VEEAM. This allows Whole Technology to get the best pricing for your next hardware or software purchase. Read more.



  • Summary of State Actions Addressing Business Re-openings. Read more. 
Accept the Challenge! Shop & Order from Local Businesses
Help support your favorite local food and drink businesses and retailers, specifically ethnic or minority-owned, by ordering takeout, buying gift cards, and/or shopping online.   Here's the challenge:  click here , shop and share your shift with a shout out to that business on social media using the #ShiftwithEMSDC. If you spend with businesses, specifically ethnic and minority businesses not on our list, let us know on social and we’ll add them to the list. Together we’ll reinforce our local economies!

MBE2MBE Marketplace
The MBE2MBE Marketplace connects you with sourcing solutions. Now more than ever is the time to look beyond your usual sourcing outlets and reach out to support each other. Check out the minority businesses listed here for your business supply chain and help drive success for yourself and fellow entrepreneurs. Read more.

#STANDTOGETHER SAFELY
Over the past several months, we have all experienced unprecedented social, environmental, and economic challenges. Gone are the days where we talk about change. Change is now and the only way it happens is that we all #STANDTOGETHER SAFELY. EMSDC and SRMSDC #STANDTOGETHER SAFELY. We are reaching out to businesses who may be able to provide services to adversely affected business owners for their health and well-being, as well as for the health of their businesses and communities. Where we go from here depends on you. If you can help, need help, or want more information, contact Christine Robertson at crobertson@emsdc.org .
“It’s not unusual for me to be reading multiple books at the same time. My mind is always in overdrive. On the business side, right now I’m using this time to re-read Built to Last and Traction . Traction is a look inward at your business and putting in place strategies to strengthen internal operations, while Built to Last looks at the characteristics of innovative and visionary businesses. Each challenges me to think about the Council’s internal resources and operations and to clearly define our Next . With all this heavy reading I also need time for affirmation and escape, so I have a quick read (80 pages) Lift and the best seller by Brit Bennett, The Vanishing Half . What are you reading?
Keep Children Healthy during the COVID-19 Outbreak
Based on available evidence, most children do not appear to be at higher risk for COVID-19 than adults. While some children and infants have been sick with COVID-19, adults make up most of the known cases to date. Learn more about how to keep your children physically and mentally well. Read more.
Join Yammer, our private community group where EMSDC Corporate Members, MBEs, and Subscribers can connect, post, and view EMSDC's daily posts. Click here to log in . Questions or need access to join? Email Tricina Cash at tcash@emsdc.org .  
EMSDC Needs Your Input
  • EMSDC is planning a Wealth Management Series and we would like your input on which topic we should present first. Read more.
  • EMSDC is implementing Rapid Response® program to ensure the sustainability of businesses in the Council. The Rapid Response® program is designed to provide a suite of business support services, based on the assessed needs of an applicant seeking assistance. Read more.