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Message from the CEO 06.09.20

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Message from the CEO 06.09.20 "We're in this together, and together is how we'll get through it" Good Morning Valued Chamber Member, HELPFUL LINKS: This past Friday, The Palm Beach County Commission sent a Support Our letter to Governor Ron DeSantis requesting that Palm Beach Restaurants County be allowed to participate in the state's Phase 2 reopening plan. Although the Governor's Phase 2 plan OPEN for Busiiness allows stand-alone bars to open at 50 percent capacity, in Grants the interest of public safety, the County Commission thought it best to hold off on this component of Phase 2. Ciity of Boca Raton Smallll Busiiness Also on Friday, President Trump signed the Paycheck Recovery Relliief Protection Program Flexibility Act of 2020. This bill: Grant Program · Modifies provisions related to the forgiveness of loans made to small businesses under the Paycheck Protection Program. PBC CARES for Busiiness - Restart Busiiness Grants · Establishes a minimum maturity of five years for a paycheck protection loan with a remaining balance after forgiveness. · Extends the covered period during which a loan recipient Fiinanciiall may use such funds for certain expenses while remaining Resources eligible for forgiveness. Paycheck · Raises the non-payroll portion of a forgivable covered loan Protectiion amount from the current 25% up to 40%. Program · Extends the period in which an employer may rehire or eliminate a reduction in employment, salary, or wages that Flloriida Smallll would otherwise reduce the forgivable amount of a Busiiness paycheck protection loan (the forgivable amount must be Emergency Briidge determined without regard to a reduction in the number of Loan Program employees if the recipient is unable to rehire former employees and is unable to hire similarly qualified employees, or unable to return to the same level of business COVID-19 Loan activity due to compliance with federal requirements or Tracker guidance related to COVID-19). · Revises the deferral period for paycheck protection loans, SBA Diisaster allowing recipients to defer payments until they receive Assiistance compensation for forgiven amounts. To learn more about the Paycheck Protection Program Heallth Resources Flexibility Act of 2020, please click here. Flloriida The School District of Palm Beach County has created a Department of survey which has been sent to every parent to get a better Heallth understanding of how many students are planning to return to class on August 10th. The survey can be taken on both a smartphone and computer and will remain open until June th Centers for 17 . To take the survey, please click here. Diisease Controll The Palm Beach County Community Services Department (CSD) has announced that a Coronavirus Aid, Relief, and Chamber Economic Security (CARES) Act Coronavirus Relief Fund Rent Resources and Utilities Assistance Program will be offered to Palm Boca Chamber''s Beach County residents. The CARES Act Rent and Utilities Coronaviirus Assistance Program provides one-time rental and/or utility Resources assistance to eligible Palm Beach County residents who have experienced loss of income, reduction in hours, or unemployment as a result of the COVID-19 pandemic. Applications must be submitted through the CSD’s online Flloriida Chamber COVID-19 Toollkiit portal. To apply please click here. To learn more about this program, please click here. We are continuing to provide you with educational U.S. Chamber of webinars and virtual experiences to help you and your Commerce business. Please see below for a list of this week’s virtual Resources and experiences: Guiidelliines for Busiiness 06/10 – 11:45am: BOYNTON BEACH: Lunch & Learn – Now What? An Interactive Strategy Session for Reigniting Your Chamber Business Events/Resources Speaker: Rob Jager, Vice President of Operations, Plum YouTube Page Productions Sponsored By: iTHINK Financial Click here to register Ciity Resources Ciity of Boca Raton 06/10 – 2:00pm: The State of Palm Beach County Business Speaker: Kelly Smallridge, President & CEO, Business Development Board Palm Beach County Click here to register Ciity of Boynton Beach 06/11 – 8:30am: June Virtual Membership Breakfast Pallm Beach Speakers: County Resources Steven Blyth, Senior Vice President, Business Solutions Division, Office Depot, Inc. Pallm Beach Alex Price, National Director, Community Investment, Office County Recovery Depot, Inc. Resources Sponsored By: Office Depot, Inc. Click here to register Pallm Beach County 06/11 – 11:30am: Government Affairs Committee Speaker: Brandon Schaad, Development Services Director, City of Boca Raton Click here to register Pallm Beach County Schoolls 06/12 – 10:00am: State of the Town Center Mall Speaker: Sal Saldana, General Manager, Town Center at State of Flloriida Boca Raton, Simon Property Group Resources Click here to register My Flloriida To stay up to date on all Chamber activity, visit bocachamber.com or download the Chamber App on your phone or tablet and stay connected! You can also Flloriida access all of our past virtual experiences by visiting Department of our YouTube page. Heallth As the Chamber enters into its third week of working from the office, the Team is ready to conduct in person one-on- Viisiit Flloriida one meetings at the Chamber office. Meetings will require appointments made in advance and safety protocols will be practiced for the meetings. We look forward to seeing you! To help us get a better understanding of your comfort level with future in-person Chamber meetings and events, I ask that you take our 2-minute survey and provide us with your valuable input. Please click here for the short survey. As Governor DeSantis considers Palm Beach County’s entry into Phase 2, we will demonstrate continued patience, but stand ready to move swiftly into the next step of enhancing the economy. If you haven’t already applied, there is funding still available at the federal, county and local levels. If you need assistance with any of the grant opportunities, your Chamber is here to help. Moving Business Forward, Troy M. McLellan, CCE, FCCP President & CEO Greater Boca Raton Chamber of Commerce #movingbocaforward #movingboyntonforward #movingdelrayforward 1800 N Dixie Hwy | Boca Raton, FL 33432 p: 561.395.4433 | f: 561.392.3780.
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