COVID-19 Economic Round Up for the week of April 27
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.
Utah's outdoor products industry continues to step up! Last Thursday Lena Laakso of Specialized dropped off a donation of 1,500 water bottles to help the State's Unified Command distribute hand sanitizer across Utah.
KJZZ ran a story on COVID-19 business impacts that cites a recent survey conducted by EDCUtah’s Research team. More here.
Utah companies currently applying for Federal Resources are encouraged to reach out to the Rapid Response Team (RRT) for assistance. So far, the RRT has assisted nearly 2,000 inquiries, and more than 20,000 Utah companies have received loans. Para servir mejor a una porción más grande de la comunidad empresarial, el formulario de solicitud de ayuda ahora también está disponible en español.
Northrop Grumman – a recent EDCUtah project – will be doing virtual hiring events in May. Here’s a link for events looking to fill positions for NG sites in Clearfield, Roy, and Salt Lake City.
We’re glad to see the COVID-19 recovery efforts of EDCUtah’s Theresa Foxley highlighted, and for her to be in such good company. Read the Deseret News op-ed here.
News from an EDCUtah investor – Through the Rocky Mountain Power Foundation, the utility is donating $311,500 to critical community-serving organizations in Utah, Wyoming and Idaho, including food banks. “It’s our hope this gift will inspire others to join us.”
Struggling farmers and ranchers in Utah impacted by the coronavirus pandemic can apply for up to $40,000 in grants from the Utah Conservation Commission as part of federal relief funding headed under the CARES Act. More here.