The Coronavirus/COVID-19 outbreak has caused uncertainty for many of our members, the construction industry and our communities, and we want you to know that our organization is here for you and your business.

Starting April 10th, WBC will be hosting a luncheon webinar series every week, entitled “Building Your Resilient Business: Advice, Tools and Strategies.” WBC will also be compiling resources for small businesses that provide financial relief and guidance for your business. Our goal is to keep our members informed, connected and empowered as we stabilize during this new “normal”.



Small Business Support Center Webinars

This series of webinars will cover important topics like accounting tips, access to capital and insurance while connecting our membership and the small business community with key thought-leaders in the construction industry, city and state government agencies and local non-profits who are here to help small businesses during this difficult time. WBC will also assist and inspire you to reimage your business with seminars on marketing strategy, networking and managing your relationships virtually.

Past Webinars
  • Employers’ Guide to Returning to Work After the COVID-19 Shutdown As we look toward life after the COVID-19 pandemic shutdown, reopening will be top of mind for most businesses. Whether your business needs to re-assess operations, bring employees back to work, or maintain a safe workplace – the time to start preparing is NOW!

  • COVID-19 Impacts on Your Construction Projects: Managing Your Project and Its Profitability As the fallout from COVID-19 continues, the construction industry is seeing significant impacts on its ability to perform, ranging from scheduling delays to supply chain interruptions and increased project costs. Businesses must impose social distancing through smaller crews and staggered shifts; identify new vendors for critical materials and ensure workforce health and safety by purchasing additional sanitization and personal protective equipment. This session will explore how should you manage and document these additional costs and changes to protect your project and its profitability.

  • Inspiring Resiliency: A Virtual Chat with Lieutenant Governor Kathy Hochul Join the Women Builders Council (WBC) on Friday, May 8th at 12:30 p.m. for an intimate conversation with New York State Lieutenant Governor Kathy Hochul on the best practices for inspiring resiliency. As certified small businesses across the State face unprecedented challenges, this question and answer segment will provide valuable insights on how to stay inspired and resilient during the COVID-19 outbreak.

  • THE FUTURE FOR MWBES: A Diversity Town Hall As we move from emergency to recovery, what are the opportunities for MWBEs in New York? Four leading experts address their perspective on what the future holds for MWBEs and small businesses in a changing and challenging economic climate.

  • Am I Covered? Insurance and Your Business Small businesses have been hit extremely hard by mandatory closures and required safety measures to slow the spread of COVID-19. To prepare for financial losses, many owners are inquiring about the eligibility for 'loss of income' through their insurance policy. The goal of this discussion is to educate small business owners on the nuances of their insurance policies during COVID-19.

  • Small Business Relief Programs As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about options to help bolster their businesses. Our panel of experts will advise small business owners on federal, state and local relief programs including emergency funding, eviction protection and loan deferments to provide relief during this difficult time.

  • Managing Cashflow NOW! What’s your financial position? Short term and Long Term? Gain advice and best practices for managing cash flow from two industry accounting experts. Sign in to a conversation that will help you use cash flow projections to manage your projects and keep your business resilient.



RESOURCES

There are programs and opportunities for small businesses to gain access to capital and financial stability. The resources included below will serve as resources for you.

Loans & Grants
  • Paycheck Protection Program The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
  • NYC Small Business Continuity Fund This program is available to New York City businesses with fewer than 100 employees that can demonstrate at least a 25% decrease in revenue as a result of COVID-19. Eligible businesses can apply for an interest-free loan up to $75,000.
  • U.S. Small Business Administration (SBA) Economic Injury Disaster Loan Program This advance (up to $10,000) will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application. This loan advance will not have to be repaid.
  • LISC/Verizon Small Business Recovery Fund With Verizon's $2.5 million investment, Local Initiatives Support Corporation (LISC) is offering grants to help small businesses fill urgent financial gaps until they can resume normal operations or until other more permanent financing becomes available.
  • Hispanic Federation Northern Manhattan Emergency Recovery Fund New York-Presbyterian Hospital has made a major new commitment of $10 million over the next two years to help our communities recover from the economic impacts of the COVID-19 pandemic. The first $2 million is designated for immediate emergency assistance.
  • Renaissance Economic Development Corporation Emergency Small Business Relief Loan Fund Renaissance has created an Emergency Small Business Relief Loan Fund to help businesses struggling to survive during the COVID-19 crisis. Businesses with 50 employees or less and with at least 25% decrease in sales due to COVID-19 are eligible.

 
 
Instructions & Guidance
Contact

For more information please contact WBC at (212) 756-1236 ext. 106 or info@wbcnyc.org.

Women Builders Council
61 Broadway, Suite 2501
New York NY 1006