What's Inside:
- Latest Covid-19 Resource Updates
- HR
- Upcoming Training Events
- Call Center Update
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Key 2021 Covid Financial Support Programs |
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Loan and grant program highlights include:
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Employee Retention Tax Credits - Up to $28k per employee. Employers can claim up to 70% of total compensation expense per employee (up to $7k per employee per quarter in 2021).
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SBA Debt Relief Program -New SBA Loans now through September 2021 get their first 3 months of payments FREE (capped at $9,000 per month per borrower) made on your behalf. Existing SBA Loans may get additional months of FREE payments as well, based on additional criteria.
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Shuttered Venue Operators Grant - (Up to $10 million per venue) The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance. After some initial delays, the application portal reopened on April 26th. Venues need to have SAM# which takes about a week to register. Restaurant applicants should use caution as this may interfere with your ability to receive the Restaurant Revitalization Fund. More info here.
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Economic Injury Disaster Loan (EIDL) - The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 EIDL program. Starting the week of April 6, 2021, the SBA raised the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000.
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Kansas SBDC advisors can work with small businesses regarding a number of HR-related topics, including:
Employee Management: The Kansas SBDC can work with you on typical Employee Management activities such as hiring/terminating/laying off processes, rules & regulations, staff roles, and manuals.
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Employee Development: It’s one thing to have employees, it’s another to maximize their potential for your business. Your Kansas SBDC Advisor can work to highlight training programs (including training grants if applicable) to help better turn your employee’s “potential” into “reality”.
Business Registration Basics: Your Kansas SBDC advisor can help you understand the process of registering with the state as well as what licenses and permits you may have to obtain, and any fees you may be required to pay. Additionally, we can help you set up the various Sales Tax Payable Accounts & Business Identification numbers.
Health and Wealth - The Kansas SBDC can assist clients in identifying benefits opportunities for small businesses and how to set up retirement for owners and potential employees where applicable.
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Kansas SBDC Client Shout Out |
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Empower Life, an alternative holistic health and wellness network, opened its doors in Topeka, Kansas in November 2020. Piloted by cutting-edge red-light therapy and contour light technology, Empower Life aims to provide body sculpting, contouring, and skin rejuvenation services. Marrying alternative and mainstream health practices, Empower Life provides a multitude of services including red light therapeutics, life coaching, guidance from a personal fitness trainer, yoga, massage, physical therapy, mental wellness classes (in-service), birth and family educators, and more to come. |
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With such a big vision, owner Danyle Harvey reached out to the Kansas SBDC for assistance. Vince Haworth, Director for the Kansas SBDC Capital Access Center, provided advice and helped pool resources for capital and funding. Karl Klein, Regional Director for the Kansas SBDC at Washburn University, provided whole business mentoring, including marketing assistance, QuickBooks training, and general advice.
“The knowledge and experience of my mentors, Karl and Vince, is one of the main reasons my experience, my business and my vision is where it is today,” said Harvey. “My transformative experience with both Karl and Vince is THE MAIN reason I refer as many potential and existing business owners as I possibly can.”
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Upcoming Webinars and Virtual Events |
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Upcoming Free Webinars
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June 3rd, 11:30 a.m. - Business Contract Basics Part I: Doing Business
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June 8th, 11:30 a.m. - Social Media & Online Marketing
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June 10th, 11:30 a.m. - Business Contract Basics Part II: Getting In and Out of Business with Co-Owners
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June 16th, 12:00 p.m. - Startup and Start Right
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June 17th, 11:30 a.m. - Buying or Selling a Business
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June 22nd, 12:00 p.m. - What Do Business Lenders Want?
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June 23rd, 12:00 p.m. - What You Need to Know About SEO
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June 24th, 9:00 a.m. - State Tax Webinar
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June 24th, 11:30 a.m. - Marketing- A Customer Experience
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June 24th, 1:00 p.m. - State Tax Webinar for Construction Contractors
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June 29th, 2:00 p.m. - Tuesday Trade Talk- International Marketing Mix
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Upcoming In-Person Seminars
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Facebook Live
How to Hire Your First Employee
Did you start your business without employees and now you are ready to add one? Come learn what you need to do to hire your first employee including what payroll taxes you need to pay and a timeline of when you need to pay those taxes.
Wednesday, June 30th, 12:00 p.m.
& 6:00 p.m.
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Call Center Spanish Language Support |
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Launching June 1st, the Kansas SBDC Call Center will have a new Spanish language call and chat support feature.
The new dedicated hotline number is (800) 707-0580. Callers can talk to a Spanish speaker for assistance. The hours of support are Monday through Friday from 3 pm - 7 pm; Saturday from 10 am - 2 pm; and Sunday from 5 pm - 7 pm.
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Funded in part through a cooperative agreement with the U.S. Small Business Administration |
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Kansas Small Business Development Center
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Questions? Don't hesitate to contact our 7 day-a-week assistance line at (800) 949-7661
For Spanish, call (800) 707-0580
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