MAJOR ANNOUNCEMENTS
More Businesses Ordered to Re-Close: Based on rising COVID-19 cases, the state has ordered the closure of all indoor operations in the following sectors: restaurants, wineries and tasting rooms, movie theaters, zoos, museums, cardrooms, and family entertainment centers, including bowling alleys, miniature golf, batting cages and arcades. Additionally, bars, brewpubs, breweries, and pubs have been ordered to close all operations both indoor and outdoor statewide, unless they are offering sit-down, outdoor dine-in meals. Alcohol can only be sold in the same transaction as a meal. https://www.cdph.ca.gov/Programs/OPA/Pages/NR20-158.aspx Counties that have remained on the County Monitoring List for 3 consecutive days also are required to shut down the following industries or activities unless they can be modified to operate outside or by pick-up: fitness centers, worship services, protests, offices for non-essential sectors, malls, and personal care services, like nail salons, body waxing and tattoo parlors, hair salons and barbershops. There are currently 28 counties on the 3+ days County Monitoring List, including Sacramento County. 80% of Californians Live in Counties Subject to New Closures. https://covid19.ca.gov/roadmap-counties/
DC Football Team Changes Its Name: The American Indian Chamber of Commerce of California issued this statement following the announcement by the DC NFL franchise to change the team’s name.
“VICTORY AGAINST RACISM IN INDIAN COUNTRY – WASHINGTON R*DSK*N IS GONE!
FINANCIAL PRESSURES FINALLY CONVINCE NFL TEAM
TO CHANGE THIS RACIST LOGO
After years and years of asking for change, protesting this imagery and activism in Indian Country, it took FedEx, Nike and PepsiCo amongst other businesses to pull sponsorships and products to “force” the owners of the NFL’s Washington team to finally agree to rename and rebrand the team’s mascot.
The Chamber applauds these companies for their stance in informing the NFL and this team that they were against this mascot and using their financial strength to assist in eliminating this racist slur that has been used for years as a team name and logo. Reality is money is power.
Any negative subconscious imagery is harmful for the perception of any people and in this case our people. Thanks to all of the great organizations, tribes and individuals in Indian Country who have worked tirelessly on this issue.
This issue is not over – there is still a need to eliminate the Cleveland Indians, the Atlanta Braves, Tomahawk Chop Cheers, Sing-Song Kansas City Chiefs Style Cheers, and thousands of other professional and school mascots nationwide. This is a great win though!”
Buildout California: A new statewide chamber of commerce has been launched, Buildout California. According to the website, Buildout California is the world’s first LGBT Industry Association dedicated to the sustainable growth of LGBT owned & certified businesses, and our allies, in the fields of Architecture, Engineering, Construction Services, Real Estate Development, and Related Industries. Among the organization’s 18 founders is Chris Holden with the Nor-Cal Financial Development Corporation, the state’s local administrator of the California Small Business Loan Program.
Support for Black Entrepreneurs: Black Humboldt and the National Association for the Advancement of Colored People (NAACP) established a grant program which will make awards to Black-Owned businesses. The program was established with the funding from Humboldt and with the support from the Humboldt Area Foundation. Current funding will allow for 10 individual grants of $1,000 each. https://www.blackhumboldt.com/
Questions: BlackHumboldt@gmail.com
Application: https://forms.gle/2P24S7MExob8svXAA
Project REACh: The Office of the Comptroller of the Currency announced the launch of Project REACh to promote financial inclusion through greater access to credit and capital. REACh stands for Roundtable for Economic Access and Change. Under the REACh initiative, the Comptroller will convene people who have the ability to address the systemic inequalities in the US financial system, including the challenges of accessing credit and capital. The initiative will bring together leaders from the banking industry, national civil rights organizations, business, and technology to identify and reduce barriers that prevent full, equal, and fair participation in the nation’s economy. https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-89.html
Climate Smart Insurance Products Database: Insurance Commissioner Ricardo Lara launched the Climate Smart Insurance Products Database. According to the announcement, this is the first-ever consumer-oriented list of green insurance policies. “With hundreds of climate-related insurance products already available to consumers and businesses, the California Department of Insurance has developed this database to help the public understand and access these products and encourage further insurance policy innovation in commercial, homeowners, and auto lines, among other lines.” The development of this database is among the top recommendations in a June 2020 report released by Ceres, an environmental nonprofit group, which believes that such a database would be a valuable tool in reducing emissions and increasing resiliency.
Announcement: http://www.insurance.ca.gov/0400-news/0100-press-releases/2020/release065-2020.cfm
Climate Smart Insurance Products Database (searchable): https://interactive.web.insurance.ca.gov/apex_extprd/f?p=142:1
Ceres Report - Addressing Climate as a Systemic Risk: A Call to Action for U.S. Financial Regulators: https://www.ceres.org/resources/reports/addressing-climate-systemic-risk
Find Something New Campaign: The White House backed a national ad campaign highlighting alternative ways to start a career, Find Something New. The Find Something New campaign was created by the Ad Council, in partnership with other private and public organizations, to inspire and empower Americans to achieve career success. According to the news coverage, the initiative is targeting students, mid-career workers and the millions of people who are now unemployed because of the coronavirus. Another partner in the Find Something New campaign is the American Workforce Policy Advisory Board. https://findsomethingnew.org/
California Manufacturers are Hosting a Survey on PPE: CMTA is hosting a survey on SAFELY MAKING CA. They are trying to gather information to better serve the manufacturing community and the many other industry sectors during COVID-19 that need PPE.
If you are a purchaser of PPE for your workforce, regardless of sector, ANSWER THIS SURVEY: https://www.surveymonkey.com/r/MXDG6GZ
If you are a seller of PPE and a manufacturer listed on our exchange, ANSWER THIS SURVEY: https://www.surveymonkey.com/r/R7D9PJF
DISASTER- AND ECONOMIC JUSTICE-RELATED LEGISLATION
Small Business Hearings in US House of Representatives: The US House Committee on Small Business has scheduled several hearings for the month of July, which can be viewed on the committee’s YouTube channel (https://www.youtube.com/channel/UCnYcuO2JQhVbnCR8ltmSacQ?view_as=subscriber).
Wednesday, July 15, beginning at 10:00 am (PST): Long-Lasting Solutions for a Small Business Recovery
Thursday, July 16, beginning at 10:00 am (PST): Putting America Back to Work: The Role of Workforce Development and Small Business Rehiring (Subcommittee on Innovation and Workforce Development)
Friday, July 17, beginning at 7:30 am (PST): Oversight of the Small Business Administration and Department of Treasury Pandemic Programs
Small Business Hearings in US Senate: The US Senate Committee on Small Business and Entrepreneurship has no future hearings currently scheduled. https://www.sbc.senate.gov/public/index.cfm/hearings
Federal Appropriations Move Forward: The US House Appropriations Committee released its fiscal year 2021 reports for (1) Defense, Commerce, Justice, Science, and Related Agencies, and (2) Transportation, Housing and Urban Development, and Related Agencies appropriations bills. https://appropriations.house.gov/news/press-releases/appropriations-committee-releases-fy-2021-reports-for-defense-commerce-justice
Small Business Economic Assistance Program: US Representative Ruben Gallego (AZ-7) introduced HR 7522, which establishes the Small Business Economic Assistance Program. The bill is currently pending in the House Committee on Small Business. https://www.congress.gov/bill/116th-congress/house-bill/7522?q=%7B%22search%22%3A%5B%22small+business%22%5D%7D&s=3&r=6
American Infrastructure Bonds Act of 2020: US Senators Roger Wicker (MS) and Michael Bennet (CO) introduced S 4203 - the American Infrastructure Bonds Act of 2020. The bill, among other things, creates a new class of “direct-pay” taxable municipal bonds to help struggling governments finance critical public projects in the wake of the coronavirus pandemic. The proposed “American Infrastructure Bonds are intended to enhance the Build for America Bonds, authorized in response to the 2008 financial crisis. The bill is currently pending in the Senate Committee on Finance. https://www.congress.gov/bill/116th-congress/senate-bill/4203?s=1&r=1
Help in Paying UI Faster: The US House of Representatives passed S 4209, which is intended to ease cash flow problems for Unemployment Insurance contributions. More specifically, the bill reduces from 100% to 50% the amount of unemployment contributions that must be paid by the employer for furloughed staff before the furloughed worker can receive aid. According to the NCLS, the president is expected to sign. https://www.congress.gov/bill/116th-congress/senate-bill/4209?q=%7B%22search%22%3A%5B%22S+4209%22%5D%7D&s=2&r=1
Business Tax Credits in Next Federal Relief Package: The National Association of Manufacturers is calling on Congress to allow manufacturers to immediately access general business tax credits as part of the next COVID-19 relief package. The call to action is part of the association’s “American Renewal Action Plan.” We’re encouraging manufacturers to contact their elected officials now and ask them to include General Business Tax Credits in the next relief package. Please share this tool with your friends and employees and ask them to take action themselves.”
Letter to Congressional Leaders: http://documents.nam.org/PA/Association%20Letter%20on%20General%20Business%20Tax%20Credits.pdf?_zs=vdRDh1&_zl=uUMt6
Link to the Fill-in Congressional Letter: https://act.friendsofmanufacturing.com/4wLeCQh
The American Renewal Action Plan: https://www.nam.org/wp-content/uploads/2020/04/v9-NAM-American-Renewal-Action-Plan.pdf
DATA, SURVEYS, AND ANALYSES
Update on US Census Response: The US Census Bureau reports that 62% of US households have responded to the 2020 US census. In California, 63.2% of households (9.6 million households) have responded with 52.7% of all respondents submitting information through the Internet. As of July 12th, Minnesota (71.5%), Wisconsin (68.9%), and Michigan (68.2%) rank as the top three states for the percentage of households who have responded to the 2020 census. California ranks 23rd in the nation for percentage of respondents. San Mateo (73.1%) has the highest county response rate in California and Alpine County (22.9%) has the lowest. It is not too late to complete the census. As you know, the census is used for a variety of economic purposes, including setting the foundation for hundreds of billions in federal funding every year. Is your organization ready for a small business-owner challenge?
Link to 2020 US Census Submittals: https://2020census.gov/en.html?utm_campaign=20200714msc20s1ccallnl&utm_medium=email&utm_source=govdelivery
Response Rate Dashboard by State, County, City, and Census Tract: https://public.tableau.com/profile/us.census.bureau?utm_campaign=20200714msc20s1ccallnl&utm_medium=email&utm_source=govdelivery#!/vizhome/2020CensusSelf-ResponseRankings/RankingsDashboard
Mini Guide to Launching a Response Rate Challenge Through Social Media: https://2020census.gov/content/dam/2020census/materials/partners/2020-01/2020%20Census%20Response%20Rate%20Challenge_MiniGuide.pdf?utm_campaign=20200714msc20s1ccallnl&utm_medium=email&utm_source=govdelivery
NMTC Outcomes: The New Market Tax Credit Coalition released its 2020 Report on the New Markets Tax Credit Program. This report recognizes the program’s 20 years of impact on low-income communities across the US, as well as the 2019 awards and projects. https://nmtccoalition.org/new-markets-tax-credit-20th-anniversary-report/
GRANTS
Phase I SBIR and STTR: The Department of Energy has released funding topics and background for the FY 2020 Phase I SBIR and STTR. The funding announcement will be issued on August 12, 2019. According to the announcement, the purpose of the early release of the topics is to allow applicants an opportunity to identify technology areas of interest and to begin formulating innovative responses and partnerships. Potential applicants are encouraged to attend upcoming free webinars to learn more about the application process.
Background Materials on 2020 Phase I SBIR and STTR: https://science.osti.gov/-/media/sbir/pdf/TechnicalTopics/FY2021_Phase_I_Release_1_Topics.pdf?la=en&hash=D7C553C3316BF15F3A73AEA0CAED21A161692F2B
Webinar Dates and Registration Information: https://science.osti.gov/sbir/Funding-Opportunities
Chart for All SBIR and STTR Funding Rounds: https://science.osti.gov/sbir/Funding-Opportunities
General Information about the DOE SBIR/STTR Programs: https://science.osti.gov/SBIRLearning
Small Business Stimulus Program: The San Diego Board of Supervisors approved a new Small Business Stimulus Program that will direct $17 million to help the region's businesses who are struggling due to COVID-19. Applications are open through October 16. To qualify businesses must have: (1) 100 or fewer employees; (2) a headquarters in San Diego County; (3) a minimum 1-year operating history as of Feb. 14, 2020; and (4) documentation of financial hardship because of COVID-19. www.sandiegocounty.gov/stimulusgrant
UPDATE ON COVID-19 PROGRAMS AND INITIATIVES
Update on Shop Safe Shop Local Campaign: The President and CEO of the California Retailers Association, Rachel Michelin, was interviewed by Politico's Carla Marinucci on Friday discussing Governor Gavin Newsom's Economic Recovery Task Force and the Governor's Office of Business and Economic Development's Shop Safe Shop Local campaign.
Businesses Advocate for States to Enforce Mask Ordinances: According to The Hill, businesses across the US are asking governments to set and enforce mandatory mask wearing. With a growing number of states and cities imposing mask orders to slow the spread of COVID-19, there has been an increasing number of clashes between employees and customers. Businesses have stated that it is not fair to leave retailers and restaurants to enforce these rules. Further, wearing a mask is one of the best solutions for getting the economy restarted. “If we all wore a mask, it would substantially mute the transmission of this disease and we would grow faster. We would have a lower unemployment rate. We'd grow faster. And would be far less likely to slow some of our reopenings,” said Robert Kaplan, president of the Federal Reserve Bank of Dallas, in a Friday interview with Fox Business Network’s Maria Bartiromo. https://thehill.com/policy/finance/506856-businesses-plead-for-states-to-enforce-mask-mandates?utm_source=National+Conference+of+State+Legislatures&utm_campaign=534b353a1c-13JULY2020NCSLTODAY&utm_medium=email&utm_term=0_1716623089-534b353a1c-377792280
US and Canada Border to Remain Closed: According to several US and Canadian news outlets, the border between the countries will remain closed to non-essential travel until at least August 21 due to the ongoing rise of COVID-19 cases stateside.
PPP Aggregate-Level Data Update: The SBA released program utilization information for the Paycheck Protection Program. As of July 10, 4.9 million PPP loans have been approved in the US for a total of $517.4 billion. In California, 584,057 PPP loans have been approved for a total of $67.4 Billion. Link to a PowerPoint displaying data for loan activity through 7/10/2020: https://www.sba.gov/document/report-paycheck-protection-program-report-through-july-10-2020
EIDL Aggregate-Level Data Update: The SBA released program utilization information for the Economic Injury Disaster Loan. As of July 3, 2020, 2.2 million EIDL loans have been approved in the US for a total of $134.6 billion. In California, 370,254 EIDL loans have been approved for a total of $24.8 billion. Link to a PowerPoint displaying data for loan activity through 07/03/2020 https://www.sba.gov/document/report-covid-19-eidl-loans-report-7-03-20
SBA Weekly Lending Reports: The US SBA released its weekly lending report for the week ending July 10, 2020. The report includes information on the SBA 7(a), 504 and Advantage loan programs. https://www.sba.gov/sites/default/files/2020-07/WebsiteReport_asof_20200710.pdf
CA Small Business Loans: The Governor’s Office of Emergency Services receives updates from the SBA on small businesses that are utilizing the two federal disaster loan programs, the Economic Injury Disaster Loan and Paycheck Protection Program.
SBA Disaster Assistance | |
CA Loans Approved (as of 7/3) | 370,254 |
Dollar Amount of CA Loans Approved (as of 7/3) | $24,828,709,998 |
CA Loan Advances Processed (as of 7/3) | 716,698 |
Dollar Amount of CA Loan Advances Processed | $2,261,317,000 |
Payment Protection Plan (as of 6/30) | 581,140 |
Payment Protection Plan Approved (as of 6/30) | $68,225,253,665 |
Great Plates Delivered: The Great Plates Delivered program provides three meals a day to qualifying seniors. FEMA just granted a 30-day extension to allow the program to continue to August 9. As shown in the chart below, the demand for meals far exceeds the number of businesses under contract. Interested restaurants and food providers are encouraged to fill out this form: https://state-of-california-agency.forms.fm/great-plates-delivered-food-provider-interest-form/forms/7917
Great Plates Delivered (as of 7/13) | |
Letters of Intent Received from Local Administrators | 53 |
DEMAND: Estimated Weekly Individuals to be Served | 3,421,221 |
Individuals Served This Week as of 7/10* | 36,670 |
DEMAND: Estimated Food Providers Required to Meet Demand | 465,000 |
Food Providers Contracted as of 7/10* | 653 |
*Data received from Great Plates Data Portal updated twice per week. |
SC/TS:BW