Today, I sat in on an informative conference call regarding the Families First Coronavirus Response Act. This act is separate and apart from the CARES Act. The Families First Coronavirus Response Act created new temporary paid sick leave and paid Family and Medical Leave Act (FMLA) programs that are 100% reimbursable by the federal government. The effective date of both programs is April 1, and they expire on December 31, 2020. Both programs are in addition to any leave you already offer. I am attaching the power point presentation and a simplified infographic to give you tangible reference material. If, after reviewing the materials, you still need clarification, please reach out.
Today at noon, along with the OSU South Centers, we hosted a ‘COVID-19 Resources for Businesses’ video conference. We hope those in attendance found this useful. For those unable to attend, I am attaching the slides from Melissa Carter’s presentation as well as her contact information. If you find yourself still needing answers, please reach out to Melissa or myself.
Governor DeWine announced the establishment of the Governor’s Board of Economic Advisors. This board is comprised of CEOs from Ohio’s brightest companies and was developed to author safe workplace protocol. This protocol will be in effect as we start to open back up for business.
Recently, the Federal Reserve Board took steps to provide up to $2.3 trillion in loans to support the economy. Read their press release here.
JobsOhio published its Economic Impact Report today. A full copy of the report can be read HERE.
Hot off the press is the ‘Save Small Business Fund’ announcement. The application portal for this grant opens Monday, April 20th. This is a great opportunity I hope you will find helpful. All information can be found below with links to apply on Monday.
Set a reminder for April 20, 2020 at 3:00 p.m. and apply for this grant.
To extend a helping hand to small businesses suffering from the impacts of the coronavirus pandemic, the U.S. Chamber of Commerce Foundation – in partnership with Vistaprint and a coalition of supporting companies, foundations, and philanthropic donors – is working to provide financial relief through the Save Small Business Fund. This fund is a key pillar of the U.S. Chamber’s Save Small Business Initiative.
The Fund is providing $5,000 in short-term relief to employers across the United States, including chambers of commerce. These one-time supplemental cash grants are for businesses that have between three and 20 employees and operate in an economically vulnerable community. Our community is eligible.
The grant application will go live on Monday, April 20 at 3:00 PM ET. To apply for a grant, visit savesmallbusiness.com.
I will leave you with a reason to celebrate! Fayette County Memorial Hospital will be celebrating their 70th birthday in May! I was born at FCMH and remember visiting the hospital as a very small child with my grandma, a former Director of Nursing. We had plans to celebrate this milestone with a Business After Hours event, but as my children say, “Corona happened.” FCMH invites you to send a birthday card to:
Fayette County Memorial Hospital
1430 Columbus Avenue
Washington Court House, OH 43160
These cards will line the halls of the hospital so the staff will see the gratitude and well wishes of their community. I hope you will join us in wishing them a very happy birthday!
Wishing you all a happy Thursday evening-