COVID-19 Resources

Covid-19 Resource Center

The Economic Alliance’s primary focus right now is to provide services and information to help our member businesses during this unprecedented event.

We're here to help.

Federal, state and local programs have been created to help businesses recover from the economic impact of the COVID-19 pandemic, which are shown below under Financial Relief. Between running your business and sorting through the wave of information, it can be hard to figure out program eligibility, deadlines and requirements.

We've always said to our members: make us your first call. That's no different now. Information on financial assistance programs is shown below, and we can help. Reach out to Local Business Project Specialist Mike Lukan and Research and Analytics Specialist Laura Thomas to find out where to start.

Mike and Laura have years of experience helping business apply for economic incentive programs, job retraining grants, and more. If we can’t help you, we’ll point to the right resource that can.

Other questions? Reach us at 319-398-5317 or economicalliance@cedarrapids.org.


Local business project specialist, Mike Lukan Research and analytics specialist, Laura Thomas
Mike Lukan
Local Business Project Specialist
(319) 730-1403
Laura Thomas
Research and Analytics Specialist
(319) 730-1406

Updated 4/6/20 at 5:00 p.m.

Financial Relief

  • COVID-19 Small Business Finance Options from the Federal Government Webinar ((Recorded April 1) - hosted by the Economic Alliance and lead by John Kirchner, Midwest Region Executive Director for Congressional & Public Affairs with the U.S. Chamber of Commerce. Learn how to navigate small business financial assistance available in the CARES Act.
  • NEW - Paycheck Protection Program (PPP) - Created in the CARES Act, $350 billion help small businesses. PPP loan applications for small businesses and sole proprietors opened on April 3. Independent contractors and self-employed individuals can apply beginning on April 10. The loans will be forgiven as long as the funds are used to keep employees on the payroll and for certain other expenses. CLICK HERE for the application form. Find lenders eligilble to issue a PPP loan HERE.
  • Iowa Economic Development Authority Business Recovery Resources - State, federal and other financial assistance options, business and financial guidances and resources
  • SBA Disaster Assistance Loans - Provides low-interest working capital loans of up to $2 million for businesses with 500 employess or less. The CARES Act expands eligibility, including a grant that will provide an emergency advance of up to $10,000 to small businesses and private nonprofits within three days of applying for an SBA Economic Injury Disaster Loan. DETAILS + APPLY NOW
  • Targeted Small Business Sole Operator Fund - Created to support Targeted Small Businesses (women, minorities, service-connected disable veterans and individuals with disablities) with zero employees. The program will process applications in of receipt of application and submission of all required documents until funds are exhausted. DETAILS + APPLY NOW
  • NEW - COVID-19 Disaster Response Fund - Local fund led by the Greater Cedar Rapids Community Foundation. Rapid response grants to partners where resources are most needed. Grant applications for nonprofits will open in early April. DETAILS
  • NEW - A Small Business COVID-19 Resource Guide by the Kauffman Foundation - includes a helpful walkthrough of questions small business can ask and explanations of programs
  • Note: Businesses should work with their current lenders to determine exactly what offering is the best fit for them.

HR, Legal, Employment & Other Resources

Support Local

There is virtually no industry that has not been affected by the spread of COVID-19, including locally owned businesses. Here are some ways to support local businesses at this time, and it is recommended you call ahead as the situation is ever-changing:

Legislative/Policy Updates

Event Updates

Many of our previously scheduled events have been postponed, converted to virtual events, or cancelled. Please see our Events Calendar for events and webinars coming up. Please also note: All ribbon cuttings and groundbreakings through May 12 are cancelled or postponed.

Health Resources

Stay informed and look for information from reliable and trusted sources, including:

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