Thank you for your professional leadership during this challenging chapter for all. I feel more optimistic about the opportunity for Indiana to come back stronger than ever after listening today to the joint webinar hosted by the Indiana Economic Development Association (IEDA) and ICEA. This was a quick turnaround reopening focused webinar thanks to six sponsors, including: AT&T; Baker Tilly; Duke Energy; Hoosier Energy; NIPSCO; and Vectren, A Centerpoint Company. The recording will be available to all members to listen to again to help you as your team mobilizes stakeholders at the local level to lead through the reopening process. In the meantime, here are 5 take-aways from the day for Chamber leaders:
Federal Reserve Survey: Attention Chamber leaders in Northern/Central Indiana . . . . the Chicago Federal Reserve Office has launched a survey for businesses. If you can forward this link with an invitation from your Chamber to your membership or target some of your key business leaders, you'll help paint the picture for the Federal Reserve on how the COVID-19 outbreak has affected businesses in the midwest and will help Federal Reserve Policymakers make better-informed decisions moving forward. I believe this survey is open until Friday, May 1.
Sharing What We've Learned - A Blueprint For Businesses: Kroger’s Blueprint for Businesses is intended to be a resource for businesses of all sizes and sectors of the economy, providing recommendations, insights, best practices and downloadable creative assets to help businesses navigate the next phase of this unprecedented pandemic. Kroger will continue to add new information to the Blueprint in the coming days and weeks, so when the timing is right for businesses to safely reopen, all businesses all prepared to keep our communities safe and supported, together.
Employee Retention Tax Credit:The Coronavirus Aid, Relief, and Economic Security (CARES) Act created a new employee retention tax credit for employers who are closed, partially closed, or experiencing significant revenue losses as a result of COVID-19. So much focus has been directed to PPP and EIDL funding, make sure your members are also aware of this tax credit.
Take time for you today to refresh, connect with loved ones and reboot. Remember, we are in a marathon, not a sprint to get life back to 'normal' again.