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Special Public Policy Update 3-17-2020

On March 15, the Iowa House and Senate announced the legislative session will suspend for a minimum of 30 days following the announcement of community spread in Iowa. The decision was made in consultation with the Department of Public Health and Governor’…
Iowa Legislature Suspends – Grants Governor Expanded Powers On March 15, the Iowa House and Senate announced the legislative session will suspend for a minimum of 30 days followi……
https://www.cedarrapids.org/about-us/news/2020/03/special-public-policy-update-3-17-2020

Special Public Policy Update 3-18-2020

Here’s an update on how federal government is responding to the coronavirus pandemic for businesses and the economy. Phase I Package The first Coronavirus bill allowed $1 billion in loan subsidies to be made available to help small businesses, small …
Here’s an update on how federal government is responding to the coronavirus pandemic for businesses and the economy. Phase I Package The first Coronavirus bill allowed $……
https://www.cedarrapids.org/about-us/news/2020/03/special-public-policy-update-3-18-2020

Small Businesses Can Create Free Online Storefront to Sell Gift Cards

Now through June 1, small businesses can create a FREE virtual storefront on local e-commerce platform Cedar Rapids Area Shop Where I Live where they can sell gift cards and/or include list business information like menus, store hours, or even with a link…
The spread of COVID-19 is impacting businesses of all kinds. For small businesses, it’s meant closing their doors and/or limiting customer interactions to slow the spread of the i……
https://www.cedarrapids.org/about-us/news/2020/03/cedar-rapids-area-shop-where-i-live-provides-free-resources-small-businesses

Federal Reserve Announces Aid to Mid-Size Businesses

​The Federal Reserve announced Thursday, April 9, that it will provide up to $2.3 trillion in loans to support the economy, including $600 billion in loans for businesses through the Main Street Lending Program. This will be provided through banks for bus…
The Federal Reserve announced Thursday, April 9, that it will provide up to $2.3 trillion in loans to support the economy, including $600 billion in loans for businesses through t……
https://www.cedarrapids.org/about-us/news/2020/04/federal-reserve-announces-aid-mid-size-businesses

Congress Eyes Fourth Recovery Package, More Money for the Paycheck Protection Program

​As Congress looks toward a possible fourth recovery package, a recent proposal to add more money to the PPP aimed at small business recovery was blocked. The Economic Alliance, along with our statewide and national partners, will continue to advocate for…
As Congress looks toward a possible fourth recovery package, a recent proposal to add more money to the PPP aimed at small business recovery was blocked. The Economic Alliance, al……
https://www.cedarrapids.org/about-us/news/2020/04/congress-eyes-fourth-recovery-package-more-money-paycheck-protection-program

E-Commerce Offer for Small Businesses Extended Through June 30

Small businesses can create a FREE virtual storefront on local e-commerce platform Cedar Rapids Area Shop Where I Live, and the offer to do so is now extended through June 30! The offer allows small businesses to sell gift cards and/or list information li…
The spread of COVID-19 is impacting businesses of all kinds. For small businesses, it’s meant closing their doors and/or limiting customer interactions to slow the spread of the i……
https://www.cedarrapids.org/about-us/news/2020/04/e-commerce-offer-small-businesses-extended-through-june-30

Federal Funding Cap for Small Businesses Reached - Urge Elected Officials to Replenish Funds

​The $349 billion cap for small business loans was officially reached last night, after less than two weeks. That’s how urgent these funds are for small businesses, yet they are now unable to apply for Economic Injury Disaster Loans and the Paycheck Prote…
The $349 billion cap for small business loans was officially reached last night, after less than two weeks. That’s how urgent these funds are for small businesses, yet they are no……
https://www.cedarrapids.org/about-us/news/2020/04/federal-funding-cap-small-businesses-reached-urge-elected-officials-replenish-funds

Additional Required Protective Measures Announced for Northeast Iowa

​Governor Reynolds signed a new proclamation this morning with additional required protective measures in Regional Medical Coordination Center 6, which includes Linn, Jones, Allamakee, Benton, Black Hawk, Bremer, Buchanan, Clayton, Delaware, Dubuque, Faye…
Governor Reynolds signed a new proclamation this morning with additional required protective measures in Regional Medical Coordination Center 6, which includes Linn, Jones, Allama……
https://www.cedarrapids.org/about-us/news/2020/04/additional-required-protective-measures-announced-northeast-iowa

Continued Advocacy for Additional Funding for State Programs

We continue to advocate on the state level for additional funding for the Iowa Small Business Relief Fund, as funding was depleted recently, so more of our businesses can utilize these much-needed grants. We’ve had direct conversations with members of Gov…
We continue to advocate on the state level for additional funding for the Iowa Small Business Relief Fund, as funding was depleted recently, so more of our businesses can utilize ……
https://www.cedarrapids.org/about-us/news/2020/04/continued-advocacy-additional-funding-state-programs

Additional Funding for Federal Business Relief Programs

​President Trump officially signed a $484 billion bill today that includes $310 billion in additional funding for the Paycheck Protection Program (PPP) and $60 billion in additional funding for the Economic Injury Disaster Loans (EIDL).
President Trump officially signed a $484 billion bill today that includes $310 billion in additional funding for the Paycheck Protection Program (PPP) and $60 billion in additiona……
https://www.cedarrapids.org/about-us/news/2020/04/484b-additional-funding-federal-program-signed-president-trump

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