Baker Announces 4-Phase Reopening Plan, Tentatively Set To Begin May 18th
Important Changes to SBA Disaster Relief Funding
Due to limitations in funding availability, and the unprecedented submission of applications already received, new eligibility requirements for Economic Injury Disaster Loan and Advance are now in place. Only agricultural business applications will be accepted.
Please note that applicants must apply through the SBA directly not through a lender.
The Massachusetts Department of Transportation (MassDOT) is announcing that it will be conducting paving operations on Route 146 northbound and southbound, between the Rhode Island state line to the Mill Street overpass, in Uxbridge. The work will take place starting Monday, May 11, continuing through Friday, May 15, between 7:30 a.m., and 5:00 p.m.
Join me in supporting our local restaurants in Grafton, Northbridge and Upton. Starting tomorrow, I will be posting a Restaurant of the Day and challenge you to order from them. One lucky patron will be the recipient of a $25 gift card that I have purchased, to ‘thank you’ for ordering local. Keep on the lookout for a post each day!
These restaurants have agreed to take part, and I believe this challenge is a way to support small, locally-owned restaurants which have supported you, I and our communities through so much.
Business owners understand their industries better than anyone.
As the Advisory Boardcontinues to discuss reopening businesses, we want to be sure that you have input into the policies and procedures that come out of this group. The Chamber is facilitating input from members to the board.
Submit your ideas about safe, responsible reopening plans to Jeannie Hebert , Blackstone Valley Chamber's President & CEO
Submitting Comments to the Reopening Advisory Board
Earlier this week, Governor Baker announced the formation of a Reopening Advisory Board, Co-Chaired by Lt. Governor Karyn Polito and Housing and Economic Development Secretary Mike Kennealy. This board is charged with advising the administration on strategies to reopen the economy in phases based on health and safety metrics. It will meet with key stakeholders and solicit input from a variety of constituencies to develop a report by May 18th that will include Department of Public Health-approved workplace safety standards, industry frameworks and customer protocols and guidelines, including enforcement mechanisms and coordination with municipal leaders.
This report is due on the 18th, but the administration has made clear that public health data and guidance from health care experts will dictate the timeline of the re-opening process.
An online mechanism has been created for members of the public, as well as representatives of organizations and businesses, to submit comments to the Reopening Advisory Board. Click this link to access the online comment form. The form asks a number of optional survey questions, and provides space for comment on additional factors that should be considered in developing the plan.
Survey of MA businesses on education
MBAE is developing our next strategic plan, even as we continue to advocate for effective, equitable remote learning plans to serve students during the Covid-19 crisis and to meet the needs of parents and guardians who are supporting their children at home while also participating in the workforce, as well as other business priorities on education.
Business input is critical to this process, so we are asking your help to reach as wide a set of businesses as possible and help us learn about if and how business leaders from across different industries prioritize education. We plan to use this feedback to ensure we’re authentically representing the business community’s interests and needs in our work for years to come.
Recognizing that these are very busy and challenging times, I am writing to ask that you spend 5 minutes responding to a survey.
Strapped for cash and finding themselves in loan default, many borrowers are asking their lenders to forbear, or extend further credit, and often both. Lenders want to do the right thing, while maintaining flexibility and insulating themselves from further risk. What to do?
In the context of working out distressed loans, lenders need to understand the rights and remedies set forth in their loan documents and to act commercially reasonably with their customers. A lender’s agreement to forbear from exercising remedies will require the borrower to meet operational and transactional milestones. As lenders mull restructuring proposals and decide whether to act (or refrain from acting), they should be mindful of actions that may violate their duty to act commercially reasonably and of potential lender liability.
On this Worcester Regional Chamber of Commerce Financial Services Roundtable webinar, Mark Powers and David Mawhinney, attorneys at Bowditch, will discuss basic loan work-out strategy and some of the more common lender liability theories.
Employers who are considering reopening in the coming weeks will be faced with a dramatically different workplace and a worried workforce. As employers work through the ongoing issues presented by COVID-19, flexibility and responsiveness to issues ranging from the configuration of the workplace and location of workers to employee leave requests as well as evolving health and safety standards will be crucial.
Once shelter-in-place orders have been lifted and employers are permitted to reopen their workspace, they will need to do so with caution. There will be local, state and federal orders and guidance to consider. Wading through the patchwork of requirements and understanding what guidance or recommendations are mandatory is the first step in preparing a return-to-work plan.
To help local businesses navigate the coronavirus (COVID-19) crisis, Quality Transitions has established a Coronavirus Task Force covering a wide range of issues and challenges.
As we grapple with a New Reality, a myriad of concerns begin to consume us as we try to survive this crisis. During these unprecedented times, followers will be looking to their leaders for reassurance. And while "Hope is Not a Strategy", it does play an important role as we lead our teams through these challenging times. Join this session to understand the needs of those we influence, whether employees, customers, family, etc.
This FREE workshop is designed for businesses that are interested in learning how to apply for SDO certification. Attendance at a Pre-Certification Workshop is required before a business may apply for certification as a Minority, Woman, and/or Veteran Business Enterprise. This workshop will provide information on how to begin the certification process. Certification may help your business to:
• Become more marketable for government entities
• Learn about new government bidding opportunities
• Create Business to Business (B2B) partnerships
New Members of the BVCC
Please take moment and check out our most recent new members. Support them if you are able by purchasing gift cards, ordering take-out, or scheduling an appointment for a later date. We thank you all! Welcome New BVCC Members!
As a reminder, the BVCC Office is closed to in person meetings this week, but please do not hesitate to contact the staff of the Blackstone Valley Chamber of Commerce. We are here to ensure your questions get answered, and your business needs are met.