5 Things: April 21, 2020
1. Small Business Relief
The next coronavirus relief bill, which is expected to include additional loans for small businesses, is almost ready to be announced as members of Congress appear to have reached a deal. In the deal, there's $25 billion for testing, with $11 billion given to the states. The rest of the money will be given to other entities, including federal agencies, to invest in promising new technologies and to distribute to labs. $125 billion of the approved funds will be sent exclusively to rural areas, to minorities, and to mom-and-pop shops.
The Senate is expected to vote today, and the House on Thursday.
We expect this round of funding to go as quickly as the last. Working through your current bank may be the best way to apply and access this program. If you haven't been able to connect with your bank, or you have additional questions about how to prepare for your application please call the Bellevue Chamber's Call center at 425-454-2464.
2. Committed to Serve
Republic Services, Inc. launched its "Committed to Serve" program last week. Key elements over the next two months include: a weekly meal for all frontline employees, weekly dinner for frontline employees and their families, and bi-weekly $100 gift cards to all frontline employees (or $400 per employee in total).
All meals will be purchased from local, small businesses to help support the Company's customers and the communities it serves. Additionally, Republic Services will donate $3 million to the Republic Services Charitable Foundation to fund its long-term nonprofit partners that operate locally and serve local communities and small businesses.
3. Restaurants for Responders
Created by the Bellevue Breakfast Rotary Club, Restaurants for Responders supports Eastside healthcare workers by purchasing meals directly from local restaurants and delivering them to Overlake Medical Center and Evergreen Hospital.
Meals will be prepared per safety instructions and we are coordinating delivery by volunteers to Overlake and Evergreen Hospitals.
4. (re)STARTUP 425
A collaborative city effort between Bellevue, Issaquah, Kirkland, Redmond and Renton launched (re)STARTUP425 to offer free one-on-one technical business assistance and resources to Eastside small business owners in partnership with Business Impact NW.
This program provides assistance to business owners navigating city, state, federal, and private economic relief programs related to COVID-19. Visit re.startup425.org to find resources, submit questions and request technical business assistance. Resources and assistance are available in multiple languages.
5. It's National Library Week
April 19-25 is National Library Week. While libraries remain closed due to COVID-19, local libraries have ebooks, audiobooks, videos, and music available. Support the King County Library System while improving your gardening, cooking a new meal, entertaining kids, taking online courses, or diving into your new favorite story.