Take Five: Resources & Best Practices from Today
One of my personal favorite Walt Disney quotes is: "I always like to look on the optimistic side of life, but I am realistic enough to know that life is a complex matter." This quote epitomizes our work in the chamber industry today more than ever. Here are the Take Five takeaways from the day to help you maneuvre through the complexities of life these days:

  • Preliminary Fiscal Effects of COVID-19 on Indiana’s Local Tax Revenues: We will start with the gut-punch projections that your chamber should be sharing with stakeholders as your team looks to a path moving forward. If you missed this last week, the Center for Business & Economic Research at Ball State University released the Preliminary Fiscal Effects of COVID-19 on Indiana's Local Tax Revenues. This is an analysis of revenues, not of expenditures. The economists offer these estimates in a good faith effort to prepare local and state policymakers with a description of the potential revenue conditions likely to surround the state in the coming weeks and will update these estimates as more information becomes available.

  • Update from the U.S. Chamber: The U.S. Chamber of Commerce has launched the “Path Forward” program to start outlining national priorities for returning to work and business.  You can watch (or re-watch) yesterday's kick-off webinar here. Additionally, the U.S. Chamber will be hosting a series of webinars, which you can sign up for by clicking here. Also, U.S. Chamber Foundation announced the launch of the Save Small Business Fund and grant applications will open on April 20th, 2020.

  • New in the ICEA resource portal: Adding Member Value In The Time of COVID-19; How to Keep Members Engaged During the COVID-19 Crisis; Easy & Unique Ways to Engage Your Members Online . . . these are just some of the resources for Chambers added this week to the ICEA COVID-19 on-line portal. Check it out

  • Federal Funding Update: The SBA reported over 1 million Paycheck Protection Program loans worth $247.5 billion have been approved. For Indiana, the SBA is reporting 23,583 loans, $6.0 billion.

  • Small Business Comeback: As your chamber prepares the business community for their day of re-opening, here's a great idea rolling out from the Seymour Chamber. The goal of the Small Business Comeback series is to help small business owners not just reopen after the public health crisis, but to have a dynamic comeback. Great leadership from the Seymour Chamber staff team!
If you have not done so, don't forget to register for the webinar coming up next week on April 22. ICEA & IEDA have partnered to bring this 10-Point Planning for Reopening & Recovery training to our state for our members - the professional staff from chambers and LEDOs across Indiana - who will be at the forefront of the recovery effort.  Click here to register and use the code icea2020 when prompted.

As your chamber partners with multiple other groups to lead the business community through this storm, remember this. When reflecting on some of my favorite & inspiring Disney quotes, as Dumbo said, "Don't just fly, soar." Please call or e-mail if you need any resources for your Chamber membership as we move forward.

Thank you for your leadership -

Shelli Williams, IOM
Indiana Chamber Executives Association
Indiana Chamber Executives Assoc. | Website