The situation sparked by COVID-19 (Coronavirus) is serious and quickly evolving, making the timely dissemination of actionable intelligence essential. We at The Beacon Council are committed to safeguarding the health and wellness of our community, and our local economy as a whole. We are gathering some of the latest, most relevant information and resources available for our business owners and workforce, updating this page on a regular basis.
Please email any Coronavirus-related questions directly to the team at BeaconHelp@BeaconCouncil.com.
RISE Miami-Dade Small Business Loan
The COVID-19 crisis has forced the business community to confront huge challenges. Small business owners in particular are facing highly difficult circumstances. The RISE MD Fund focuses on helping small businesses in Miami-Dade County to begin the recovery stage of economic activity through low interest rate loans.
CareerSource South Florida’s COVID-19 Layoff Aversion Fund
Reimbursement Grants of up to $10,000 Available to eligible Miami-Dade Small Businesses & CBOs
COVID-19 Layoff Aversion Fund is designed to support eligible local small businesses and/or community-based organizations facing financial impacts/potential layoffs from COVID-19.
Reimbursement grants can be applied to any COVID-19 business-related expenses since March 1st for which receipts are still available. Amount of grant ranges from $5K – $10K; funds are limited and time-sensitive, so apply ASAP (ideally before June 30, 2020).
Miami-Dade County: Moving to a New Normal
Click here for the County’s most up-to-date Guidelines for Businesses, Residents and more.
Virtual Town Hall Series in Collaboration with Greater Miami Chamber of Commerce
Supply Chain & B2B Resources
The COVID-19 demand has generated a shortage of essential supplies including masks, gloves, ventilators and other equipment needed for our frontline workers, first responders and healthcare organizations. We are surveying our local business community to see if you are a manufacturer or vendor that can produce, distribute or donate essential products or services. Please complete the following form indicating what you are able to provide – results will be shared directly with relevant private and public organizations and institutions that are looking to source these crucial goods and services.
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
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.
Short Term Compensation Program (FDEO)
The Short Time 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
Submit Additional Resources
The Miami-Dade Beacon Council is working hard to ensure that we provide the most up-to-date, actionable intelligence to our business community. If you or your company has information to share regarding the outbreak and its impact on the business community, please reach out to us directly as we are committed to amplifying all relevant information to South Florida as a whole.