Business Update from the Town of Bedford on COVID-19
The Town of Bedford values the business community as an important piece of the fabric of our community. The Town has provided a list of resources and assistance to businesses in need. Bedford Town Manager, Sarah Stanton, invites the business community to reach out to the Town of Bedford for guidance and help. Please find updates from the Economic Development Office below.
Small Business Owner's Guide to Federal CARES Act Funds
Access funds for your small business
The programs and initiatives in the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act are intended to provide immediate financial assistance to small to medium-sized businesses. For guidance on SBA programs, see this helpful Guide . Please contact Alyssa Sandoval, Economic Development Director, at [email protected] for one-on-one assistance. Two key provisions for small businesses are highlighted below:
  • Need a quick infusion of cash? COVID-19 Economic Injury Disaster Loan (EIDL) provides an emergency grant of up to $10,000: Small businesses may apply directly to the federal SBA to receive an economic injury disaster grant of up to $10,000 that does not need to be paid back. See this link for criteria and take 15 minutes to fill out an application: https://covid19relief.sba.gov/#/
  • Need help covering the cost of retaining employees? The SBA Paycheck Protection Program (PPP) may be for you. Eligible recipients may qualify for a loan up to $10 million determined by 8 weeks of prior average payroll plus an additional 25% of that amount. Find a nearby participating lender by using SBA's online tool.
  • Note: you may apply for assistance through both EIDL and PPP but should not ask for coverage of the same expense.
  • Further guidance and CARES financial resources are provided at the Town Economic Development website.
Need help for your small to medium-sized business? Take our survey!
Take the COVID-19 Business survey so we can evaluate business needs and provide targeted assistance: Bedford Small Business Survey
The results of the survey will also help us to communicate Bedford's needs to state partners.
Town of Bedford COVID-19 Resources Website
For the latest updates related to the business community, including financial resources and updates on state orders and advisories, please see the Town's Economic Development COVID Resources Website for support and updates.
  • Contact Alyssa Sandoval, Economic Development Director for one-on-one support
  • Follow the Economic Development office at @BedfordMABiz
Bedford Take Out
Launched several weeks ago, the Bedford Take Out website at www.bedfordtakeout.com is continually updated with a list of current restaurants that are open, and offering takeout and delivery to support our local restaurants. The website is popular with residents who would like to check out current options for take-out in a single easy-to-use website. The Bedford Chamber of Commerce also is spearheading an initiative to support Bedford Restaurants with promotions.
Town of Bedford | www.bedfordma.gov