COVID-19 Economic Round Up for the week of April 13
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 U.S. Chamber of Commerce has launched the Save Small Business grant fund. $5,000 amounts for businesses with three to 20 employees, in communities particularly impacted by COVID-19. More here.
Shortly after the comment period closes on April 16, Treasury is expected to release information on a “Main Street” lending facility for companies with up to 10,000 employees or less than $2.5B in annual revenue. Here’s an overview of what we know so far (subject to change) about the program.
Getting national play, KUER ran an interesting piece on Utah's approach to contact tracing and logistics.
News from an EDCUtah investor – Fidelity is hiring! As part of a commitment to be there for clients during this challenging period, the financial services company is hiring 2,000 positions across the country including for its Utah operations. More at https://jobs.fidelity.com
And we thought EDCUtah doing a virtual site visit for an active project was something to brag about. Our friends at World Trade Center Utah are doing a whole virtual trade mission! Connect directly with business and government leaders from the United Arab Emirates in a virtual trade mission hosted by World Trade Center Utah and the U.S.-U.A.E. Business Council. Register here for the April 27 webinar.