COVID-19 Resources (as of October 23, 2020)

Economic Development Administration (EDA) CARES Act Funding Announced

The U.S. Economic Development Administration (EDA) recently announced funding opportunities for the $1.5 billion in supplemental funding they received from the CARES act. This funding is provided to help communities and regions respond to, and recover from, the impacts of the COVID-19 pandemic. As the designated Economic Development District (EDD) for west central Wisconsin, the West Central Wisconsin Regional Planning Commission (WCWRPC) is prepared to assist the region in submitting requests for some of these available dollars. See the EDA CARES Act Recovery Assistance Program flyer for details.

Please contact Lynn Nelson, WCWRPC Executive Director, at lnelson@wcwrpc.org or by phone at (715) 456-7291 with any questions or to discuss potential projects.

 

Wisconsin Granted Federal Disaster Declaration Due to COVID-19 Pandemic
https://content.govdelivery.com/accounts/WIGOV/bulletins/284ebcc

 

Economic Impact Survey

Business Economic Impact Survey
https://wedc.org/blog/businesses-invited-to-participate-in-new-round-of-covid-19-impact-survey/

WEDC, working with UW Oshkosh Center for Customized Research and other economic development organizations recently completed a Business Economic Impact Survey. Click the link above for survey information and research results.

 

Business Resources

Financial Assistance Programs (click here for PDF version)

Regional Business Fund, Inc. - EDA CARES Act Recovery Assistance Revolving Loan Fund
https://www.rbfinc.org/cares-act-rlf

The EDA Cares Act Recovery Assistance Revolving Loan Fund (RLF) is designed to assist small businesses (less than (10) full-time equivalent (FTE) employees) most impacted by the COVID-19 pandemic by assisting with long-term, fixed rate, low-interest working capital loans. See program website for eligibility requiremets.

We're All In Small Business Grant Program - Phase 2
https://www.revenue.wi.gov/Pages/FAQS/SmallBusinessGrantProgram.aspx#passive4

The We’re All In Small Business Grant – Phase 2 program makes CARES Act funding available to Wisconsin small businesses that were unable to apply for Phase 1 of the program.  It also makes additional funds available to companies that were awarded Phase 1 grants.  See program webpage for additional details.  Applications will be accepted from 8 a.m., Monday, Oct. 19, 2020 to 11:59 p.m., Monday, November 2, 2020.

WEDC We're All Innovating Contest
https://wisconsininnovates.com/
Funding for this contest is intended to support companies that have introduced innovations responding to direct health and economic impacts of COVID-19; launching new innovations, including business models and best practices for COVID-19 operations that would otherwise remain dormant; and providing access to capital statewide, including rurally located and ethnically diverse entrepreneurs.  See program webpage for additional details.  Deadline to apply is 11:59 p.m. on Sunday, October 18, 2020.

City of Eau Claire EDA Cares Revolving Loan Fund
https://www.eauclairedevelopment.com/doing-business/financial-assistance/

This program is designed to provide benefits to businesses that were operating successfully prior to the COVID-19 outbreak.  Any manufacturing, commercial, service, and creative economy businesses located within the Eau Claire city limits may apply for funding. See program webpage for details.

Federal Reserve's Main Street Lending Program (anticipated to start at the end of May)
https://www.federalreserve.gov/monetarypolicy/mainstreetlending.htm
This program is established to support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic.  See the program webpage for specific details.

U.S. Chamber of Commerce: Guide to the Main Street Lending Program: (click here)

U.S. Department of Agriculture Business & Industry (B&I) CARES Act Program
https://www.rd.usda.gov/programs-services/business-and-industry-cares-act-program
USDA is making available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic. This program is available to rural businesses and agricultural producers that are not eligible for USDA Farm Service Agency loans.  See program webpage for additional details.

SBA Economic Injury Disaster Loan Assistance (EIDL)
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance
The U.S. Small Business Administration (SBA) may provide low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of COVID-19. Applications are being accepted until December 2020 or until the funding runs out. [Note: All available funds for the EIDL Advance program have been allocated. EIDL loan applications will still be processed even through the Advance is no longer available.]

SBA Economic Injury Disaster Loan (EIDL) Application Walk Through:
https://www.youtube.com/watch?v=TiX_kaTs1xA&feature=youtu.be

SBA Debt Relief Program
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/sba-debt-relief
Under this program the SBA will assist with principal and interest payments for SBA 7(a) loans issued prior to September 27, 2020. 

SBA Express Bridge Loan Program
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/sba-express-bridge-loans
This program allows small businesses who currently have a business relationship with an SBA Express Lender to access financing quickly.  These loans can provide economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loan or used to bring the gap while applying for an SBA EIDL loan.

Regional Business Fund, Inc. Micro Loan Fund
https://www.rbfinc.org/micro-loan-fund
The Micro Loan Fund Program provides small loans to startup or newly established small businesses two years of age or less who are unable to access traditional financing (bank or credit union).

Regional Business Fund, Inc. Growth Loan Fund
https://www.rbfinc.org/growth-loan-fund
The Growth Loan Fund is for established companies that have financing needs that cannot be met by traditional lending institutions.  Eligible businesses have been operating for more than two years and have at least $100K in sales within the last 12 months.

Non-Governmental Financial Assistance Resources (Note: this list is not exhaustive of all potential non-governmental assistance programs.)

Technical Assistance

FastTrac Online Business Accelerator Course
https://ic.successfulbusiness.org/events.aspx
In response to the impact COVID-19 has had on the local economy, anyone interested in starting their own business, becoming self-employed or taking a new product to market can attend the Kauffman FastTrac free 10-week online course.

Tourism Grants

COVID-19 Movie Theater Grant Program – Deadline October 28, 2:00 p.m.
https://doa.wi.gov/Pages/COVIDMovieTheaterGrant.aspx

COVID-19 Lodging Property Grant Program – Deadline October 28, 2:00 p.m.
https://doa.wi.gov/Pages/COVIDLodgingGrant.aspx

COVID-19 Live Music & Entertainment Venue Grant Program – Deadline October 28, 2:00 p.m.
https://doa.wi.gov/Pages/COVIDEntertainmentVenueGrant.aspx

 

Community Resources

EDA Sprint (Scaling Pandemic Resilience through Innovation and Technology) Challenge - Apply by 12/3/2020
https://www.eda.gov/oie/sprint/

USDA Rural Development COVID-19 Resources for Rural Residents, Businesses and Communities
https://www.rd.usda.gov/sites/default/files/USDA_RDSA_COVID-19CUMULATIVEFactsheet_09_09_2020.pdf

"Routes to Recovery: Local Government Aid Grants" Program
(Click here for program link)

On Wednesday, May 27th, Governor Evers announced the Routes to Recovery Local Governments Aid Grants Progarm aimed at helping the state's local governments address some of their most urgent COVID-19 recovery needs. The program is funded with $200 million in federal dollars under the CARES ACT. See program page for funding allocations and program details.

USDA Distance Learning & Telemedicine Grant
https://www.rd.usda.gov/programs-services/distance-learning-telemedicine-grants

State Trust Fund Loan Program
https://bcpl.wisconsin.gov/Pages/LoanProgramHomePage.aspx

Alchemy Community Transformations - Funding Resources for Rural Communitieshttps://alchemycommunities.com/funding-resources/

USDA COVID-19 Federal Resource Guide
https://www.rd.usda.gov/sites/default/files/USDA_COVID-19_Fed_Rural_Resource_Guide.pdf

USDA Rural Development Fact Sheet

League of Wisconsin Municipalities - COVID-19 Resources
https://lwm-info.org/1575/COVID-19---Coronavirus-Resources

Wisconsin Towns Association Resources
https://www.wisctowns.com/resources/clerk-town-resources/

Data Resource - EMSI Job Posting Dashboard
https://www.economicmodeling.com/job-posting-dashboard/

FEMA Public Assistance Grant Program
Protective Measures Page

Coronavirus Pandemic: Public Assistance Simplified Application
Simplified Application.pdf

Coronavirus Pandemic: Eligible Emergency Protective Measures
Protective Measures Fact Sheet.pdf

 

Residential Assistance Programs

WHEDA
https://www.wheda.com/COVID-19-FAQ/

USDA Rural Development & Summary of Program Actions
https://www.rd.usda.gov/coronavirus

Summary of Program Actions PDF

Wisconsin Rental Assistance Program (W.R.A.P)
https://doa.wi.gov/Pages/LocalGovtsGrants/COVID-Grants.aspx
Utilizing funding from the CARES Act, the Department of Administration will partner with the Wisconsin Community Action Program Association to administer the Wisconsin Rental Assistance Program.  The $25 million dollars of funding will be allocated to agencies across the state for residents to apply that meet income and need eligibility.

 

Resources for Farmers

U.S. Department of Agriculture Business & Industry (B&I) CARES Act Program
https://www.rd.usda.gov/programs-services/business-and-industry-cares-act-program
USDA is making available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic. This program is available to rural businesses and agricultural producers that are not eligible for USDA Farm Service Agency loans.  See program webpage for additional details.

Wisconsin Farm Support Program
https://www.revenue.wi.gov/Pages/TaxPro/2020/FarmSupportProgram.aspx
This initiative is a $50 million investment to provide direct payments to Wisconsin farmers in support of the agricultural sector during the COVID-19 pandemic.  It also includes a $15 million Food Security Initiative to combat hunger throughout the State.  According to the program announcement, eligible farmers will be asked to apply for aid through the Wisconsin Department of Revenue and payments could begin arriving as early as June.

American Farmland Trust Farmer Relief Fund
https://farmland.org/farmer-relief-fund/

Wisconsin DATCP Resources
https://datcp.wi.gov/Pages/News_Media/Covid19.aspx

USDA Coronavirus Food Assistance Program
www.usda.gov

USDA Farm Service Agencies
www.usda.gov

UW Extension
https://farms.extension.wisc.edu/coronavirus/

National Sustainable Agriculture Coalition
https://sustainableagriculture.net/blog/closer-look-farmer-relief-senate-pandemic-package/

Farm AID
www.farmaid.org

 

 

Resources for Non-Profit Organizations

Wisconsin Tourism Relief to Accelerate Vitality & Economic Lift (TRAVEL) Stimulus Grant Program
http://industry.travelwisconsin.com/grants/travel-stimulus-grant-program

Wisconsin DOA COVID-19 Cultural Organization Grant Program
https://doa.wi.gov/DEO/COG-GrantAnnouncement.pdf

(Note that applications are due by 2:00 p.m. CST on Wednesday, September 30, 2020)

FEMA Public Assistance Programs
https://www.fema.gov/news-release/2020/04/02/coronavirus-covid19-pandemic-private-nonprofit-organizations

National Council of Non Profits
https://www.councilofnonprofits.org/nonprofits-and-coronavirus-covid-19

 

Area Specific Resources

Community Foundation of Chippewa County - Response Recovery Rebuild Fund
https://www.yourlegacyforever.org/funds/response-recovery-rebuild-fund.phtml

Eau Claire Community Foundation Quick Response Community Fund
https://eccfwi.org/funds/quick-response-community-fund/

Chippewa Valley Business Community COVID-19 Resource Facebook Group
https://www.facebook.com/groups/504041823806583/

 

Other Resources

Pandemic Unemployment Assistance Program
Self-employed business owners may qualify for unemployment through the Pandemic Unemployment Assistance (PUA) Program.

https://dwd.wisconsin.gov/uiben/pua/

USDA Agricultural & Food Research Initiative - Foundational & Applied Science Program
https://nifa.usda.gov/funding-opportunity/agriculture-and-food-research-initiative-foundational-applied-science-program

 

Additional Resources/Agencies  

Agency

Resource / Agency Website

Wisconsin Economic Development Corporation

https://wedc.org/programs-and-resources/covid-19-response/

Wisconsin Economic Development Association

http://www.weda.org/covid-19-information-and-resources/

Wisconsin Small Business Development Center (SBDC) Network

https://wisconsinsbdc.org/services/covid-19/

Wisconsin Manufacturers & Commerce

https://www.wmc.org/home/coronavirus

Wisconsin Housing and Economic Development Authority

https://www.wheda.com/BCE/

Wisconsin Department of Tourism http://industry.travelwisconsin.com/covid-19-resources

League of Wisconsin Municipalities

https://lwm-info.org/1575/COVID-19---Coronavirus-Resources

Wisconsin Counties Association

https://covid19.wicounties.org/

Wisconsin Towns Association

https://www.wisctowns.com/resources/clerk-town-resources/

Department of Workforce Development

https://dwd.wisconsin.gov/covid19/public/ui.htm#employers

U.S. Small Business Administration

https://www.sba.gov/disaster-assistance/coronavirus-covid-19

U.S. Department of Agriculture

https://www.farmers.gov/coronavirus

U.S. Chamber of Commerce

https://www.uschamber.com/coronavirus

U.S. Internal Revenue Service

https://www.irs.gov/coronavirus

U.S. Department of Labor

https://www.dol.gov/coronavirus

U.S. Department of Housing & Urban Development https://www.hud.gov/coronavirus
U.S. Federal Emergency Management Administration https://www.fema.gov/coronavirus

Federal Transit Administration

https://www.transit.dot.gov/cares-act

Regional Business Fund, Inc.

https://www.rbfinc.org/

   

Barron County Economic Development Corporation

http://www.barroncounty.com/

Chippewa County Economic Development Corporation

https://chippewa-wi.com/

Clark County Economic Development Corporation & Tourism Bureau

http://clarkcountywi.org/

Dunn County Economic Development Corporation

http://www.dunnedc.com/

Eau Claire Area Economic Development Corporation

https://www.eauclaire-wi.com/COVID-19/

Polk County Economic Development Corporation

https://polkcountyedc.com/covid-19/

St. Croix County Economic Development Corporation

https://stcroixedc.com/

   

Main Street America

https://www.mainstreet.org/howwecanhelp

Restore Your Economy

https://restoreyoureconomy.org/index.php

USDA Rural Development

https://www.rd.usda.gov/