Business Update for those Facing the Impact of COVID-19
Tuesday, November 17, 2020
We continue to provide our business community with the latest updates and tools from the City of Miami Beach during this pandemic.
SFRPC Small Business Loans Available Through Cares Act
The South Florida Regional Planning Council (SFRPC) has secured funds from the U.S. Department of Commerce Economic Development Administration (EDA) to capitalize a small business revolving loan fund for businesses adversely impacted by COVID-19. These funds, provided pursuant to the March 2020 Coronavirus Aid Relief and Economic Security Act (CARES Act), will be administered by the SFRPC through its Revolving Loan Fund CARES Act Program.

Small businesses, sole proprietors and 501c3 Organizations located within Miami-Dade County are eligible for loan amounts ranging from $25,000 to $500,000 based upon the borrower's needs, repayment ability and the amount financed.

For more information on program guidelines and to apply, click here.
Career Source South Florida COVID-19 Layoff Aversion Fund
Are you a small business and/or Community Base Organization (CBO) in need of assistance due to the COVID-19 pandemic? CareerSource South Florida is here to help!
 
CareerSource South Florida (CSSF) announced the COVID-19 Layoff Aversion Fund, which is designed to provide support to small businesses within Miami-Dade and Monroe Counties, facing financial impacts and potential layoffs from the coronavirus pandemic. The fund will provide grants to small businesses and/or CBO’s experiencing economic distress with the goal of preventing potential layoffs or minimizing the duration of unemployment resulting from COVID-19 layoffs.
 
Eligible businesses and/or CBO's may receive up to $10,000.00 in COVID-19 Layoff Aversion Fund grant funds. CSSF will utilize the following scale to award grants:
  • 3–10 employees up to $5,000
  • 11–25 employees up to $7,500
  • 26–50 employees up to $10,000
 
Please see the CSSF COVID-19 Layoff Aversion Fund Policy for eligibility requirements here. Applications must be submitted through your local chamber. Select an entity from the list below to be directed to the application:
  • Greater Miami Chamber of Commerce, click here.
  • Greater Marathon Chamber of Commerce, click here.
  • CAMACOL-Latin Chamber of Commerce of U.S.A, click here.
  • Greater Key West Chamber of Commerce, click here
  • Miami-Dade Beacon Council, click here.
  • Tools for Change, click here.
Miami Beach Restaurant Reimbursement Grant Program
The Miami Beach Restaurant Reimbursement Grant is open to restaurants in the city that are not part of a chain or franchise. Mobile food trucks, pop-up restaurants, carts, restaurants within hotels, nightclubs, bars without restaurants and home-based businesses are not eligible to apply. Participating restaurants may not have any outstanding code violations, liens, pending litigation, outstanding ad valorem property taxes and must meet all other program requirements.

Due to the volume of restaurants, this is a first-come, first-qualified, first-served grant of up to $1,000 in expense reimbursement for third-party delivery service fees. The program is available for eligible restaurants located within the city of Miami Beach.

Interested applicants can review program guidelines and/or create a new profile to submit their application here. Applications are currently being accepted.
To request assistance as an impacted business or employee, please email [email protected] with your contact information and needs. All inquiries will be responded to via phone or email by a Resource Agent.

For a full listing of resources and information visit www.MBbiz.com
View our frequently asked questions regarding COVID-19 or email [email protected].
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