The WBA has created this page to identify resources and share information to help businesses. These are uncertain, confusing and challenging times. As business leaders, we want to the very best for our employees, customers and communities to ensure health and safety. At the same time, citizens and the markets are looking to the business community to continue to supply goods and services to meet essential needs and offer market and economic stability. This is a difficult balance that seems to be changing daily (and lately, hourly).
Small Business Administration economic injury disaster loans
On March 21, Governor Mark Gordon announced that Wyoming small businesses are now eligible to apply for up to $2 million per company in federal economic disaster loans through the U.S. Small Business Administration (SBA). The announcement applies to businesses in all 23 counties. Economic Injury Disaster Loans administered by the SBA are designed to help small businesses and private nonprofits that have suffered substantial economic injury as a result of COVID-19. The low-interest loans provide the necessary working capital to help small businesses survive until normal operations resume after a disaster. The loan amount will be based on actual economic injury and financial needs, so small business owners are encouraged to gather items such as financial statements, tax returns and revenue projections to prepare for a loan request.
How to apply for these loans
Applicants may apply for loans online at sba.gov/disaster and will be able to check their application status there as well.
If an employer or employee needs assistance in preparing their application package, the Wyoming Small Business Development Center Network (SBDC) can assist businesses with preparing a loan package at no charge. Their team are experts in providing virtual advising. Find your SBDC regional director at https://www.wyomingsbdc.org. Their website also has COVID-19 small business resources.
Other resources are also available to help businesses navigate this evolving situation.
Regional directors at Manufacturing Works can provide technical assistance in securing supply chains. Email email@example.com for more information.
Wyoming Business Council regional directors can help businesses navigate assistance needs and options. Contact information can be found at https://wyomingbusiness.org/contactus.
STATE OF WYOMING WEBPAGE
Governor Mark Gordon announced the launch of a state government webpage that will provide resources and information on the COVID-19 outbreak. The page includes links to resources and information from the Wyoming Department of Health, the Wyoming Office of Homeland Security, the Wyoming Department of Education, the University of Wyoming and the state’s community colleges. It also offers information to assist impacted businesses and workers, as well as a link to updates from the CDC. The webpage may be viewed at covid19.wyo.gov.
On April 3, Governor Mark Gordon and State Health Officer Dr. Alexia Harrist have extended the three existing statewide health orders through April 30 to slow community transmission of coronavirus (COVID-19) and protect lives. Read release
Governor Gordon has issued the following executive orders:
Public Health Order issued March 19, 2020 closing public spaces.
Statewide Public Health Order issued March 20, 2020 forbidding gatherings of 10 people or more
Statewide Public Health Order issued March 24, 2020 closing non-essential personal services.
Statewide Directive for Individuals Arriving in Wyoming From Another State or Country to Self-Quarantine through April 30
Governor announces availability of Layoff Aversion Grants to Wyoming businesses
The Wyoming Department of Workforce Services (DWS) and the Wyoming Workforce Development Council (WWDC) are offering $300,000 in grants to support businesses in order to avert or shorten layoffs during the COVID-19 pandemic in Wyoming.
DWS and its 20 Workforce Centers will assist businesses with grant applications to support these important layoff aversion strategies for Wyoming’s economy. The application can be found here.
More information about options available to businesses can be found here.
WYOMING LEGISLATURE: COVID-19 STATE AND FEDERAL RESOURCES: EMERGENCY ASSISTANCE TO INDIVIDUALS, FAMILIES, AND SMALL BUSINESSES
The Wyoming Legislature has prepared state and federal resource guide for COVID-19. Download the guide
Wyoming Secretary of State - Guidance on Temporary Remote Online Notarization
Due to public health concerns regarding COVID-19 and the declared state of emergency currently in effect, the Secretary of State's Office has issued guidance on the immediate availability of remote online notarization for Wyoming notaries and businesses.
IRS has a new section addressing questions and answers on tax filing and payment deadlines
The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus. This page will be updated as new information is available.
Posted answers to frequently asked questions on the filing and payment tax relief provided in response to the ongoing #COVID19 emergency. These questions and answers will be updated periodically. See www.irs.gov/coronavirus
Has a live page with tips for taxpayers and tax pros – this includes basics for taxpayers and highlights of operational status in key parts of the agency. https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue
IR-2020-58, Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount
WBA member Brownstein Hyatt Farber Schreck offers analysis of Senate-Passed CARES Act
On March 25, the Senate approved a $2 trillion stimulus package,the Coronavirus Aid, Relief, and Economic Security Act, to address the economic and health impacts of the COVID-19 pandemic. The bill now moves to the House for a vote on Friday. The House is expected to approve the bill and send it to President Donald Trump for his signature. Please click here for our full analysis.
COVID-19 is an unprecedented global crisis, challenging governments, economies, health systems, businesses, and individuals as we all grapple with the disruption and uncertainty of this rapidly evolving pandemic. Holland & Hart’s multidisciplinary Task Force developed this Resource Site to offer practical guidelines and proactive solutions to help you protect your business and your workforce.
ADDITIONAL BUSINESS RESOURCES
Wyoming Lodging and Restaurant Association: During these unprecedented times, we must prioritize the safety of our staff and customers across Wyoming. Restaurants and lodging properties need state and local government support during this crisis that will allow employees and owners to weather the storm and be ready to spring back into action quickly. Our communities need lodging properties and restaurants in a position to stimulate our local economies, help our employees get back to work, and generate tax revenue when this crisis subsides. Guidance on Restaurant and Lodging Property Closures (PDF)
Covid-19 Response Tips for Small Businesses by the Wyoming Business Council: There are steps Wyoming small business owners can take to protect themselves, their employees, their communities and their businesses as the situation develops.
Wyoming Department of Health's Updates: is closely monitoring the COVID-19 outbreak situation and sharing recommendations.
PCMA’s Commitment to COVID-19 Management Resources: PCMA is the leading convention management organization in the world.
Destinations International Toolkit: the trade association for Convention and Visitors Bureaus has put together a toolkit for information on the coronavirus. .
U.S. Travel Association: Emergency Preparedness and Response: Coronavirus (COVID-19)
WBA members offer resources to parents
Enbridge partners with The Science Zone: Enbridge is helping to support our community investment partners while also serving an important educational need. With families and children quarantined, parents and teachers are looking for content. The Science Zone asked Enbridge to be a part of this project to help kids have access to STEM learning. They are producing daily content titled “Daily Dose of Science."
WBA Member WY Lit: Tips for homeschooling your struggling reader
It can be overwhelming to know where to begin to help a struggling reader. Heather Fleming and Kari Roden have been there and want to help. Read WY Lit Resources for Readers