During this time of coronavirus, we will be distributing The Monday Report, with updates to assist your communities and organizations.
LATEST COVID-19 RESOURCES & ANNOUNCEMENTS
The Monday Report
Business Q&A with WA Commerce and Employment Security
State and federal resources aimed at bringing relief and recovery for businesses impacted by COVID-19 are generating questions and some confusion.
Join us for a regional Telephone Town Hall Meeting on April 17 at 11 am for Eastern Washington businesses. We're devoting an entire hour to a live Q&A where you ask the questions to be answered by our experts.  
  • Lisa Brown, Director, Washington State Department of Commerce
  • Suzi Levine, Commissioner, Washington State Employment Security Division
Listen in and learn, engage in polling questions to provide valuable feedback, and gather additional resources to help you and your employees navigate the road to recovery.
for this special live event & we'll call you on Friday, April 17 @ 11am!

This event is co-hosted by: 
       (STAY TUNED - IDAHO TOWN HALLS ARE COMING SOON!!)  
COVID-19: A Ten-Point Action Plan for Economic Developers  
(RECORDING & SLIDES AVAILABLE NOW)
       
You need a plan. Several weeks into the worst public health crisis in generations, with several weeks likely remaining, the global economy is reeling. What is to come will be a complex series of response and recovery stages, and decisions you make now will have a lasting impact. Richard Florida and Steven Pedigo will discuss their ten-point action plan for economic developers to help you and your community outline a path forward that could help your economy come back stronger, more inclusive and more resilient.
 
UPCOMING IEDC WEBINARS:
 
COVID-19: Boost Your COVID-19 Tech Toolbox Series 
The COVID-19 epidemic has brought a lot of uncertainty to economic developers and the communities and businesses we serve. Our COVID-19 Tech Toolbox Series will invite experts to provide demos of leading softwares to enhance your tech capabilities during and after this crisis.
 
The Internal Revenue Service launched a new web tool allowing quick registration for Economic Impact Payments for those who don't normally file a tax return.
 
This new tool is designed for people who did not file a tax return for 2018 or 2019 and who  don't  receive Social Security retirement, disability benefits, or Railroad Retirement benefits.  

 
Answers to Frequently Asked Questions

For more information about relief options and resources related to Coronavirus (COVID-19) please visit    www.sba.gov/coronavirus.
 
 Q: Can I apply for both the Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program?

Answer: Borrowers can apply for both an SBA Economic Injury Disaster Loan (EIDL) and the Paycheck Protection Program loan. However, the Paycheck Protection Program loan funds and the Economic Injury Disaster Loan funds cannot be used for the same purpose. The Paycheck Protection Program loan must be used for payroll (minimum of 75% of the funds received) for it to be eligible for a forgivable loan and the remaining is used for different purposes. Borrowers who accept both loan funds should document the uses of the funds appropriately. Funding Options 
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Q: Where do I submit an application for the Paycheck Protection Program (PPP)?
 
Answer: Like the SBA Loan Guarantee Program, the SBA doesn't lend money directly to small business owners for the Paycheck Protection Program. Instead, it sets guidelines for loans made by partnering lenders.
Small businesses with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), 501(c)(3) non-profit organizations, 501(c)(19) veterans organizations, or Tribal businesses (see sec. 31(b)(2)(C) of the Small Business Act) affected by coronavirus/COVID-19 can find a lender using the SBA lender finder tool.  Find a PPP lender 
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Answer: The application process for the EIDL program was updated March 30 with a new streamlined application that allows you to simultaneously apply for both the Economic Injury Disaster Loan (EIDL) and/or EIDL Advance.  
 
For those who submitted a COVID-19 EIDL application prior to March 30, unless you have already been approved or are currently working with a loan officer, you should re-apply using the new streamlined application if you have not done so already.  The new application is streamlined and faster.  
 
If you already submitted an application in the new streamlined system, keep your confirmation number handy and you'll hear from the SBA soon. You can also contact the SBA Office of Disaster Assistance Customer Service Center at 1-800-659-2955 or DisasterCustomerService@sba.gov. Apply for EIDL  
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Q: Do religious organizations qualify for SBA funding programs related to Coronavirus (COVID-19) relief?
 
Answer: The SBA issued guidance clarifying all faith-based organizations impacted by Coronavirus (COVID-19) are eligible to participate in the Paycheck Protection Program and the Economic Injury Disaster Loan program, without restrictions based on their religious identity or activities, to the extent they meet the eligibility criteria outlined in the CARES Act.  


Doug Griffiths & Heather Thomson will be hosting a webinars on Thursday, April 16, 2020,  followed by a 30-minute Q & A. 
 
COVID-19 and Your Business
Register here for this free webinar
Thursday, April 16, 2020
10:30 AM (PT)  
 
also from 13Ways, this PDF: 

 
Hope in Hard Times:
How You Can Prepare for Recovery Now
 
 
Tue, Apr 14, 2020 11:00 AM - 12:00 PM PDT
WEBINAR: REGISTER HERE 
 
 
Emsi CEO Andrew Crapuchettes will discuss how to:  
    1. Assemble the right data and use it to help policy makers gain vision for the right steps.
    2. Take inventory of the education and training options in your community or state, and understand existing gaps so you can fill them.
    3. Give jobseekers hope and get them back into employment, and better engage companies in need of talent.


Inland Northwest Partner Investors
INP would like to thank these progressive companies for their commitment to economic development throughout the region:
 
For more information about becoming an INP Investor, log on to www.inwp.org or contact us at info@inwp.org .