COVID-19 Economic Round Up for the week of April 5
ICYMI - To help our investors keep track, we’ve compiled some of the top COVID-19 business and Economic Response Task Force news of the past week.
The second tranche of the Utah Leads Together Small Business Bridge loan will accept applications from small businesses and nonprofits beginning 4/13 at 8 a.m. More info: utahgoed.info/loan
The Rapid Response Team of the Economic Response Task Force has published an easy-to-read overview of the federal and state loans and grants available. Here in matrix format is a comparison of federal (EIDL and PPP) and state (GOED) loans and grants. On the second page is a Five-Step Process for taking advantage of these and other federal resources.
Does the Utah brand arise from collaboration and effective problem solving? This Fast Company article would indicate so.
News from the Outdoor Product industry – Manufacturers such as DPS Skis are stepping up to produce personal protective equipment (PPE).
We checked in with EDCUtah investor UTOPIA Fiber. With the increased need of families and employees to have a strong home internet connection for work, learning, and other uses such as telemedicine, UTOPIA has seen a 2X increase in demand over the last month.
The Utah Economic Task Force will host a virtual town hall on Tuesday, April 14, at 4:00 pm MST to provide an update on the Paycheck Protection Program process and federal stimulus funding. Watch or view the recording on the Chamber's Facebook page.