cdp
Creating opportunities for people to live, work, & thrive on the Lower Cape
Inside Scoop - July 2021
Bringing you the latest tools to help your business.


Wow, Summer is here and so are the people! We hope that each and every business on the Lower and Outer Cape has a bountiful summer.

July's Inside Scoop:

  • Lawyers for Civil Rights - Free Biz Grow Conference
  • New MGCC Small Business Grant Programs
  • SBA EIDL and EIDL Advance portal reopened June 21. Do you qualify?
  • SBA "Getting Back On Track"
  • SBA EIDL & SVOG
  • SBA Summer Workshop Series
  • QuickBooks Help
  • Webinar - PPP Forgiveness
  • Center for Corporate and Professional Education workshops
  • CDP Business Assistance staff is here to help - Make an appointment now

As always, if there is a business topic that comes up for which you need more information or assistance, please email or call. CDP staff will help find resources to answer your questions.

Stay Safe & Well!

Pam
On July 22, 2021, Lawyers for Civil Rights will again host The BizGrow Conference virtually! The BizGrow Conference is a free groundbreaking event designed to connect existing and potential small business owners with free legal and business support.
BizGrow will feature a large team of pro bono attorneys and business executives from Boston's top law firms and companies who will be joining forces to support entrepreneurs with big dreams and limited resources. Join us for:
  • free one-on-one legal consultations of particular interest to small business owners, including entity formation, tax, intellectual property, employment, leases and contracts.
  • Volunteer attorneys will lead workshops on topics such as forming an LLC, doing business online, and food labeling.
  • Executives will lead workshops on topics such as business planning, insurance, and lending.
MGCC Announces Two New Grant Programs
for Small Business Owners


Prospective applicants need to directly partner with an organization from MGCC’s network of Small Business Technical Assistance (SBTA) providers who will serve as a sponsor to eligible small businesses.  

The CDP is an approved SBTA provider and sponsor.

Please read more about both programs below and follow the links. If you determine that either of these programs is a fit for your business, please contact pam@capecdp.org or call 508-240-7873 x18.
Crowd Funding Matching Grant

MGCC is partnering with a crowdfunding platform, Patronicity, to assist low to moderate-income and underserved entrepreneurs, and small business owners with meeting capital needs of their business through matching grants. The objective of the BIZ-M-POWER grant is to provide entrepreneurs with new knowledge and skills for growing their business and advancing toward innovative approaches to obtaining capital through the earned support of local residents, neighborhoods, community members, and stakeholders alike by raising funding to match the amount requested in their grant application. Eligible MA-based small businesses that have been nominated by MGCC’s SBTA providers may be funded up to $20,000.
Digital Capacity Building Grant Program


Massachusetts Growth Capital Corporation (MGCC) has just launched its Grant Program for the Development of Digital Capabilities on June 15, 2021. With our support, this grant program can potentially provide funding (up to $5k) for tools and services to develop digital capabilities for your small business. MGCC will make these funds available for eligible businesses until funding is fully disbursed.
Current SBA COVID Relief Programs

EIDL and EIDL Advance portal reopened June 21, 2021. Do you qualify?

Eligible small businesses, nonprofits, sole proprietors and independent contractors can still apply for a COVID-19 Economic Injury Disaster Loan. Learn more about EIDL, the Targeted EIDL Advance and Supplemental Targeted Advance.

Businesses in Provincetown, Truro, Wellfleet, and North Eastham watch your email for invitation to the targeted EIDL Advance. (Check SPAM too!)
Getting Back On Track
SBA and Public Private Strategies Institute are hosting several webinars from June to August to help you get your business back on track.
  • Hear about what steps you can take now to learn and take advantage of new and existing programs that are available at the SBA
  • Get an update regarding programs and recent policy announcements made by the Biden-Harris Administration
  • Have your questions answered by SBA Leadership and small business experts
  • Learn how you can become a vaccine leader in your community
  • Discover tools and resources you can use to take your business digital

These sessions are open to any small business owner and leader. They are divided geographically by SBA regions and feature guest speakers from the corresponding areas. However, the majority of the information pertains to a national audience, so you may register for a webinar outside your location.
SBA is currently accepting applications for the Shuttered Venue Operators Grant.

SBA directly communicates from email addresses ending in @sba.gov. SBA also communicates via email updates/notifications using an email marketing platform, (the same one you are receiving this newsletter from). Those emails end in @updates.sba.gov.
If you applied for the Shuttered Venue Operators Grant and emailed the SVOG Support Center, you may receive an email back from a zendesk.com account. This is an authorized SBA contractor.
If you are being contacted by someone claiming to be from the SBA who is not using an official SBA email address, you should suspect fraud. To report potential fraud, visit sba.gov/covidfraudalert.
SCORE
QuickBooks Help tailored to your needs!

Did you struggle putting your records together to give your accountant?
Do you use QuickBooks but need to learn how it can do a better job for you and provide you with the information you need when you need it?

CDP Staff offers QuickBooks help. Follow the link below and schedule an appointment to get your business on track. There is still time to prepare now before summer arrives and make life simpler for tax season.
"Tips from SCORE " 2020 edition is available for free download. It provides hints, tips and techniques for owning, managing and growing a small business.





The Center for Corporate and Professional Education (CCAPE) offers a wide range of education resources, designed for individuals, businesses, and organizations.
 
Advance your career, train your workforce and build your professional skills.
Upcoming Workshops


Individual QuickBooks Help

cdp
Loans
The CDP has micro loans up to $50,000 for small businesses on the Lower Cape. Visit our website for complete program details and eligibility requirements.

We are able to lend to businesses that have a limited credit history, are too new to obtain a bank loan or that need help developing a business plan or cash flow projections. We even work with local banks offering loan packaging to potential applicants.
The CDP offers Individual Business Guidance in a number of ways.
How can we help your business?
Individual Business Guidance

Are you self-employed, a solopreneur or a small business owner, and live or work on the Lower Cape?

The CDP offers individual business guidance for all types of businesses.

What are your business needs?

Professional Services Grants Still Available for 2021.

Many businesses are finding the need to change their business model in these turbulent times. The CDP has Grant Funds available to help business owners hire specialized consultants to quickly implement these changes whether in technology, legal or marketing.
Make an appointment to learn more and to help stabilize or grow your business.
SCORE


Individual Mentoring through SCORE

SCORE offers individual mentoring across the Cape. The CDP partners with SCORE to offer mentoring on the Lower Cape. Due to COVID19 all SCORE Mentoring Session are currently being help remotely. Please register with SCORE using the link below.
The CDP's small business and technical assistance programs are made possible by the following funders:
Mass Growth Capital Corporation
USDA Rural Business Development Grant
Barnstable County Economic Development Commission
Cape Cod Foundation
Cape Cod Five Charitable Foundation Trust
Rockland Trust
TD Charitable Foundation
Santander Bank

This institution is an equal opportunity provider and employer.