Creating opportunities for people to live, work, & thrive on the Lower Cape |
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Inside Scoop - August 2021 |
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Bringing you the latest tools to help your business.
I can't believe that summer is almost over. How did your summer go? Do you need assistance reviewing the summer and making plans for the off-season and beyond? If so, please make an appointment and we can discuss your next steps to develop your plan. I have included below some resources to help you grow or stabilize and learn more about topics important to your business.
August's Inside Scoop:
- The CDP is hiring.
- New MGCC Small Business Grant Programs
- SBA EIDL and EIDL Advance portal reopened June 21. Do you qualify?
- SBA PPP Forgiveness Portal and webinar
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Cape Cod Technology Council offers Getting Your Business Online
- QuickBooks Help
- Center for Corporate and Professional Education workshops
- CDP Business Assistance staff is here to help - Make an appointment now
- Do you need a microloan?
As always, if there is a business topic that comes up for which you need more information or assistance, please email or call. CDP staff will help find resources to answer your questions.
Stay Safe & Well!
Pam
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The Community Development Partnership is in a period of growth and transition! We have three searches underway for talented and committed professionals interested in helping us build a diverse year-round community of people who can afford to live, work and thrive on the Lower Cape.
Chief Fiscal & Operations Officer
Working out of our Eastham offices, this full-time (37.5 hrs/wk) position is responsible for the management of the CDP’s financial and administrative functions including human resources, IT, risk-management, facilities and finance. The CFOO is a member of the organization’s Senior Management Team and participates in new program development with the Chief Executive Officer (CEO), key staff, board members and program stakeholders. The CFOO supervises three direct reports. In addition, the CFOO is responsible for ensuring reporting requirements with funders and subsidizing agencies are met in a timely manner.
Property Management Administrator
This full-time (37.5 hrs/wk) position supports our Property Management Team with the day-to-day management of 100 units of affordable and community rental housing on the Lower and Outer Cape. Our ideal candidate will be an entrepreneurial professional with ambition and a strong work ethic. We seek an energetic, collaborative and dependable team player, who is passionate about the work, and enjoys coming up with new ideas as well as overseeing existing initiatives. The ability to effectively meet and deal with the public; written and oral communication skills; and the ability to handle multiple, potentially stressful situations is important for this position.
Business & Credit Program Manager
This full-time (37.5 hrs/wk) provides program implementation support to the Director of Business & Credit Programs and is responsible for outreach to targeted business communities. In addition, the Manager is responsible for encouraging and nurturing partnerships with local businesses, community members and other non-profits to further the CDP’s mission. Our ideal candidate will be an ambitious professional who is a dependable team player, and exhibits sound judgement to effectively carry out the daily functions of this position.
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Two Grant Programs
for Small Business Owners
Prospective applicants need to directly partner with an organization from MGCC’s network of Small Business Technical Assistance (SBTA) providers who will serve as a sponsor to eligible small businesses.
The CDP is an approved SBTA provider and sponsor.
Please read more about both programs below and follow the links. If you determine that either of these programs is a fit for your business, please contact pam@capecdp.org or call 508-240-7873 x18.
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Crowd Funding Matching Grant
MGCC is partnering with a crowdfunding platform, Patronicity, to assist low to moderate-income and underserved entrepreneurs, and small business owners with meeting capital needs of their business through matching grants. The objective of the BIZ-M-POWER grant is to provide entrepreneurs with new knowledge and skills for growing their business and advancing toward innovative approaches to obtaining capital through the earned support of local residents, neighborhoods, community members, and stakeholders alike by raising funding to match the amount requested in their grant application. Eligible MA-based small businesses that have been nominated by MGCC’s SBTA providers may be funded up to $20,000.
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Digital Capacity Building Grant Program
Massachusetts Growth Capital Corporation (MGCC) launched its Grant Program for the Development of Digital Capabilities on June 15, 2021. With our support, this grant program can potentially provide funding (up to $5k) for tools and services to develop digital capabilities for your small business. MGCC will make these funds available for eligible businesses until funding is fully disbursed.
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Current SBA COVID Relief Programs |
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Eligible small businesses, nonprofits, sole proprietors and independent contractors can still apply for a COVID-19 Economic Injury Disaster Loan. Learn more about EIDL, the Targeted EIDL Advance and Supplemental Targeted Advance.
Businesses in Provincetown, Truro, Wellfleet, and North Eastham watch your email for invitation to the targeted EIDL Advance. (Check SPAM too!)
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Through this simpler process, SBA proactively reaches out to borrowers and provides a pre-populated forgiveness form to the borrower that they can complete in the new direct forgiveness portal. Borrowers can submit using a computer or smartphone. On average, users submit their applications in only six minutes and receive their forgiveness decisions within a week from the date of submission. Of the 340,000 applications submitted through the portal, half have already been approved for full or partial forgiveness, totaling more than $2.4 billion.
Borrowers who are interested in starting their applications can access the portal here. The SBA also encourages interested borrowers to attend an upcoming live webinar and Q&A sessions:
Borrowers whose loans are through banks that have chosen not to opt-in to the SBA’s direct forgiveness portal must apply through their lender for forgiveness. To ensure that direct forgiveness relief goes to communities and small businesses with the most need, the SBA remains committed to reducing fraud across programs.
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SCORE Small Business Workshops
Thursday 8/31/21
Thursday 9/9/21
Friday 9/10/21
Monday 9/13/21
Tuesday 9/14/21
Wednesday 9/15
Thursday 9/16
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QuickBooks Help tailored to your needs!
Did you struggle putting your records together to give your accountant?
Do you use QuickBooks but need to learn how it can do a better job for you and provide you with the information you need when you need it?
CDP Staff offers QuickBooks help. Follow the link below and schedule an appointment to get your business on track. There is still time to prepare now before summer arrives and make life simpler for tax season.
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The Cape Cod Technology Council is running a six-part series Getting Your Business Online this fall. Are you struggling or want to up your game advertising online through the web, email, or social media? The Cape Cod Technology Council received a grant for this program and there is no cost to participants. |
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The Center for Corporate and Professional Education (CCAPE) offers a wide range of education resources, designed for individuals, businesses, and organizations. Business owners and their employees can advance a career, train the workforce and build professional skills.
The Center for Corporate and Professional Education (CCAPE) at Cape Cod Community College will work with your organization to use the Express Grant approved courses to design a Training Plan that will best meet your workforce training needs. To learn how eligible employers may receive a 50% reimbursement for approved courses through a simple online process, visit www.workforcetrainingfund.com
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Does your business need a microloan?
The CDP has microloans up to $50,000 for small businesses on the Lower Cape. Visit our website for complete program details and eligibility requirements.
We are able to lend to businesses that have a limited credit history, are too new to obtain a bank loan or need help developing a business plan or cash flow projections. We even work with local banks offering loan packaging to potential applicants.
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The CDP offers Individual Business Guidance in a number of ways.
How can we help your business?
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Individual Business Guidance
Are you self-employed, a solopreneur or a small business owner, and live or work on the Lower Cape?
The CDP offers individual business guidance for all types of businesses.
What are your business needs?
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Professional Services Grants Still Available for 2021.
Many businesses are finding the need to change their business model in these turbulent times. The CDP has Grant Funds available to help business owners hire specialized consultants to quickly implement these changes whether in technology, legal or marketing.
Make an appointment to learn more and to help stabilize or grow your business.
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Individual Mentoring through SCORE
SCORE offers individual mentoring across the Cape. The CDP partners with SCORE to offer mentoring on the Lower Cape. Due to COVID19 all SCORE Mentoring Session are currently being help remotely. Please register with SCORE using the link below.
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The CDP's small business and technical assistance programs are made possible by the following funders: |
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Mass Growth Capital Corporation
USDA Rural Business Development Grant
Barnstable County Economic Development Commission
Cape Cod Foundation
Cape Cod Five Charitable Foundation Trust
Rockland Trust
TD Charitable Foundation
Santander Bank
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This institution is an equal opportunity provider and employer. |
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