Small Business Support
Small Business Support
Alaska Small Business Development Center: https://aksbdc.org/covid19/
- Small Business Development Center Free Virtual Workshops
- The SBDC is offering daily live webinars at 2 pm to help disseminate information and answer questions from Small Businesses. Join at https://www.gotostage.com/channel/aksbdc
- Alaska SBDC Overview of the Coronavirus Aid, Relief, and Economic Security (CARES) Act
- Small Business Association Guidance and Loan Information
- Paycheck Protection Program (PPP)
The SBA resumed accepting Paycheck Protection Program applications from participating lenders on Monday, April 27, 2020 at 10:30am EDT. Find more information here.
- SBA Express Bridge Loan (EBL)
The Express Bridge Loan (EBL) allows small businesses who currently have a business relationship with an SBA Express Lender to access money with less paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be term loans or used to bridge the gap while applying for a direct EIDL
Click here to access the guide.
- EDIL Advances
The SBA is unable to accept new applications at this time for the EIDL COVID-19 related assistance program, including EIDL Advances, based on available appropriations funding. Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
Bristol Bay Development Fund (BBDF) is a great resource for small businesses during this uncertain time. Find information about BBDF online here, or email Cindy Mittlestadt, BBDF Manager, at email@example.com.
Local businesses are facing unprecedented challenges as they navigate COVID-19. The Grow with Google Small Business Fund will help these businesses—especially those in distressed communities—survive this unprecedented crisis. The Fund will allow community development financial institutions (CDFIs) to support both the short-term recovery and long-term financing needs of America’s small businesses.
Wick Communications, a family-owned multi-media company and parent company of Anchorage Press, Mat-Su Valley Frontiersman, Eagle, and Warrior, has established a $500,000 Community Grant Program to assist locally owned businesses during the COVID-19 crisis.
Businesses may apply for a dollar-for-dollar advertising/marketing matching grant ranging from $200 to $10,000. Grants will be awarded in April, May and June.
Details and applications may be found online here.
Get information on coronavirus (COVID-19) tax relief for businesses and tax-exempt entities: IRS information about tax relief for businesses.