Due to the COVID-19/Coronavirus Pandemic, the Economic Development Strategic Plan meeting #3, originally scheduled for March 31, 2020, has been postponed until further notice. We encourage you to take precautions at this time to stay healthy, safe, and aware of what will continue to come.
All updates will be announced on the website as well as on the EDC Facebook and LinkedIn.
Please find helpful resources on what you need to know regarding COVID-19 below:
National Center for Disease Control
Governor DeSantis’ Emergency Business Damage Assessment Survey:
Miami-Dade County Coronavirus Updates
Read the latest on how coronavirus is impacting SFL businesses with the South Florida Business Journal’s special section on coronavirus.
Follow the EDC on social media to stay up-to-date with the latest news concerning the community.
Damage Assessment
Managed by the Florida Department of Economic Opportunity (DEO), the Business Damage Assessment Survey evaluates businesses affected by COVID-19 and the impacts the virus is having on the local economy. The information gathered allows State Government to fully assess the comprehensive impact COVID-19 is having on Florida businesses and industries, then mobilize the appropriate resources to help alleviate those pressures.
Emergency Loans
The Florida Small Business Emergency Bridge Loan Program is currently offering short-term, interest-free working capital loans that are intended to “bridge the gap” and are available to small business owners located in all Florida counties statewide that experienced economic damage as a result of COVID-19.
U.S. Small Business Administration
The U.S. Small Business Administration’s Economic Injury Disaster Loans (EIDL) offer up to $2 million in assistance for eligible small businesses. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue driven by COVID-19’s impact.
Disaster Loan Applications are now live for the State of Florida (Disaster #FL-00152).
Short Term Compensation Program (FDEO)
The Short Term Compensation Program is a voluntary employer program designed to help employers maintain their staff by reducing the weekly working hours during temporary slowdowns instead of temporarily laying off employees. If an employer establishes a Short Time Compensation Plan, and an employee meets the qualifications to file a re-employment assistance claim in the state of Florida, the employee will receive a partial re-employment check to supplement their reduced paycheck.
Additional Resources
South Dade is an ideal locale for business interests with available land zoned for commercial development, affordably-priced housing, excellent healthcare facilities, good public/private schools and numerous institutions of higher learning.
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