Ibero-Buffalo

Entrepreneur Thaddeus Dunn, founder and CEO of Right Fit Recruiting, https://rightfitrecruiting.net/ has accepted a position on the board for the National Association of African Americans in Human Resources as VP Co-Chair of Membership.

The PathStone Enterprise Center presents "Charge What You're Worth: Value-Based Pricing" this morning at 11 AM. Register here: https://www.eventbrite.com/e/small-business-forum-friday-fe The speaker is Marie Rachelle, coach for aspiring freelancers and owner of Business BeActive. This program is part of PathStone's Friday Forum series.... For more information: 716-370-1832; [email protected]

Build your digital skills for free! A regional coalition reminds you that the WNY Tech Skills Initiative is here. Training is available for data analysis, coding, digital marketing and user experience design. Text SKILLS to 716-710-6901 or visit https://www.techbuffalo.org/wny-tech-skills-initiative/

Congratulations to Sabina Ramsey, founder and CEO of Insight International, LLC, a strategic marketing company in Buffalo, NY, on being selected as a finalist for an Entrepreneur of the Year Award! http://insightstrategies.co/

Business Start-up Classes Set WHAT: Business Start-up Program WHERE: Online via Zoom WHEN: Tuesday and Thursday evenings... DATES: Sept. 15 - Nov. 17 TIME: 5:15 - 6 PM Networking opportunity 6-8 PM Formal instruction 8-9 PM Questions, general discussion, networking WHO: You, if you are interested in starting a business or growing the one you have WHY: Hear from industry experts from legal and finance to insurance and marketing COST: Free; pre-registration required REGISTER NOW: EMAIL: [email protected] OR CALL: (716) 418-4782

The Economic Injury Disaster Loan (EIDL) and Advance has reopened and new applications are being accepted. The "Advance" includes $1,000 per employee, up to $10,000, which "will not have to be repaid." The application is streamlined and all online. Here is the link: https://www.sba.gov/page/disaster-loan-applications Feel free to call our office with any questions at 418-4782.

Hello, all! The WNY Minority and Women-Owned Business (MWBE) Expo is coming up. Yes, it will be online! WHEN: Thursday, June 18, 2020 TIME: Three sessions from 8:45 AM to 3 PM... HOW: Follow the link below to register via WebEx The three sessions will include: 1. Opening Remarks & the Regional Economic Development Council 2. WNY Special Projects 3. Locating NY State Contracting Opportunities Please share this if you will. Thank you! https://www.eventbrite.com/e/2020-new-york-state-western-ne

Sharing this list from The Foundry.

The Paycheck Protection Program (PPP) has been updated. What are some of the basic changes? You have 24 weeks - instead of 8 - to use the loan You can spend 60% on payroll - instead of 75% - and still be eligible for forgiveness You have until 12/31/2020 to rehire workers, instead of 6/30... You have more flexibility in rehiring (see the SBA details) You have 5 years to repay - instead of 2 - if the loan is not "forgiven" More information will be forthcoming regarding the Forgiveness Guidelines for the PPP. Stay tuned!

The JECA Energy Bar Company, created by a WNY entrepreneur, invites you to try their delicious, nutritious products. Check out their current promotion (includes free shipping!): https://jecabar.com/

Need a business loan? New York State has introduced a low-interest loan (3%/5-year term) for small businesses who have not received funds through either the Paycheck Protection Program or the Economic Injury Disaster Loan. Nonprofits and small landlords are also eligible. The new loan is for working capital, such as building inventory, marketing or refitting for new social distancing guidelines.... For information on the New York Forward Loan Fund (NYFLF) visit: https://esd.ny.gov/nyforwardloans-info

Are you a child care provider or do you know one? COVID-19 has affected everyone. The following information from our colleagues at PathStone may be helpful: PathStone Enterprise Center, in collaboration with Yasmin Mattox, Founder and CEO of Arkatecht, is providing a free 4-part webinar series for childcare providers: Essential Considerations: How Childcare Providers Can Prepare to Operate in a COVID-19 World. Series details and registration information can be found here: https://nyscdfi.org//childcare-providers-business-support-

What qualifies as payroll costs for the Paycheck Protection Program (PPP)? Here's the summary from the SBA - a link to the full document follows this. (Note: If you are a sole proprietor, go to the end of this quote.) What qualifies as ‘‘payroll costs?’’... Payroll costs consist of compensation to employees (whose principal place of residence is the United States) in the form of salary, wages, commissions, or similar compensation; cash tips or the equivalent (based on employer records of past tips or, in the absence of such records, a reasonable, good-faith employer estimate of such tips); payment for vacation, parental, family, medical, or sick leave; allowance for separation or dismissal; payment for the provision of employee benefits consisting of group health care coverage, including insurance premiums, and retirement; payment of state and local taxes assessed on compensation of employees; and for an independent contractor or sole proprietor, wages, commissions, income, or net earnings from self-employment, or similar compensation." https://www.govinfo.gov///FR-2020-04-15/pdf/2020-07672.pdf

Want your Paycheck Protection Program (PPP) loan to be forgiven? Here are instructions: https://www.sba.gov//3245-0407%20SBA%20Form%203508%20PPP%2

Our colleagues at the Entrepreneurship Assistance Center in Queens are presenting the following free webinars. Looks like a lot of helpful information. Scroll down for the link to participate. May 26 @ 2:00 pm - 3:00 pm: Workplace Health & Safety During COVID-19 May 27 @ 10:00 am - 11:00 am: Finding Hidden Markets: Growing Your Business Amidst Uncertainty May 27 @ 2:00 pm - 3:00 pm: Credit: An Essential Building Block for Your Business... May 29 @ 2:00 pm - 3:00 pm: Smart Money Moves for Small Business Owners to Make During Uncertain Times June 1 @ 10:00 am - 11:00 pm: Legal and HR Advice as You Reopen Your Small Business June 1 @ 2:00 pm - 3:00 pm: How to Keep CustomersAnd Even Add New OnesWhen Your Business is in Quarantine June 3 @ 10:00 am - 11:00 am: Collaborative Negotiation: Working Successfully with Landlords, Suppliers and Customers June 3 @ 2:00 pm - 3:00 pm: Reimagine Your Business Finances Using the Profit First Method June 5 @ 2:00 pm - 3:00 pm: Workplace Hygiene Post COVID-19: Tips from a Professional June 8 @ 2:00 pm - 4:00 pm: How Social Media Can Help Reset Your Business June 9 @ 10:00 am - 11:00 am: IT Considerations for Small Businesses Post COVID-19 June 9 @ 2:00 pm - 3:00 pm: Hospitality Industry Returning to Work: One Step at a Time June 10 @ 10:00 am - 11:00 am: Reopening a Small Office Post COVID-19 June 10 @ 2:00 pm - 3:00 pm: Reopening a Retail Store Post COVID-19 June 11 @ 10:00 am - 11:30 am: Think Like a Designer: How to Use Web Design to Tell Your Brand Story June 11 @ 2:00 pm - 3:00 pm: Reopening Your Restaurant/Bar/Cafe: A Post COVID-19 Survival Guide for Independent Food Service Operations June 16 @ 2:00 pm - 3:30 pm: Digital Marketing 2020 Tune-Up for Small Businesses on a Budget You can find further details regarding the webinars and how to log in here, or by clicking on this link: https://www.queensny.org/reboot/.

The second round of coronavirus relief funding has been signed. It includes $484 billion for small business relief, hospitals and testing. To be as prepared as possible for the Paycheck Protection Program (PPP) application, here is a reminder of what you'll need: https://www.sba.gov//sba-form--paycheck-protection-program