How can the new CARES Act help your startup? Free Guide!

Congress has passed a new $2.2 trillion coronavirus emergency relief package that can help small businesses - maybe like yours...

Known as the Coronavirus Aid, Relief and Economic Security (CARES) Act, the new legislation offers many new resources available for small businesses, including  money necessary for business survival during the current crisis.

Of course, while the intention of the CARES Act is to assist businesses, it's 800+ pages of legalese - a challenge for any entrepreneur to digest. 

Luckily, the programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act have been summarized for small business owners.  

The Free Small Business Owner’s Guide to the CARES Act

Chairwoman Velázquez of the House Small Business Committee has created The Small Business Owner’s Guide to the CARES Act.  It offers detailed information about programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.

The new, free Small Business Owner’s Guide to the CARES Act PDF also addresses common questions to help you or companies you know find the best resources to help them, such as:

·     Do you need capital to cover the cost of retaining employees? Then the Paycheck Protection Program might be right for you.

·     Do you need a quick infusion of a smaller amount of cash to cover you right now? You might want to look into an Emergency Economic Injury Grant.

·     Do you need to ease your fears about keeping up with payments on your current or potential SBA loan? The Small Business Debt Relief Program could help.

·     Do you need quality, free counseling to help you navigate this uncertain economic time? The resource partners might be your best bet.

Download your copy of the free The Small Business Owner’s Guide to the CARES Act here.

Thanks to the Angel Capital Association for this information designed to help our local startup companies!