b'Economic DevelopmentTHE PANDEMIC IS WREAKING HAVOC with the global, national and local econo-mies.There has been huge unemployment and business closures, in order to comply with public health requirements designed to stop the spread of the virus. Everyone is challenged by this economic contraction.The role of the City of Des Moines, in the first instance was to support our first responders (fire, police and emergency medical); stand up the Emergency Opera-tions Center to enhance coordination, communication and collaboration between first responders, our partner agencies, King County Emergency Operations Center, pub-lic health and state officials. We also took a number of measures described in other parts of this City Currents edition.This emergency event is unique because we do not yet know the depth of the impacts or the solution to end the pan-demic while retaining a healthy economy.This will be our next challenge. EmergencyResources for Small Business Owners that Congress passed on March 27 management begins with addressing the The Federal CARES Act has billionshas billions of dollars set aside for acute nature of the pandemic. Controllingof dollars in loans available for smallbusinesses and private nonprofits with the spread of the virus. businesses across the country. 1 500 or fewer employees. The next step is called recovery, \x01The $2 trillion Coronavirus Aid, Free webinars are available to help where efforts are made to return to nor- Relief, and Economic Security Actbusinesses understand and access the malcy.One very tricky part about the pan- CARES Act. 2demic is that these are uncharted waters,\x01The Port of Seattle has put together a we do not know what the new normalcy,number of educational sessions to help will be.Nonetheless, we must prepare. small businesses pinpoint how the relief The City of Des Moines is closelybill can assist them. monitoring and identifying the availability REACH King Countys Working of resources, especially from the federalWashington Small Business Emergency funding packages that may be available forGrant Program. 3our businesses. Below, you can see a summary. As we\x01This local program assists small-are able to move into recovery, City staff willbusinesses severely impacted by COVID-be able to provide resource lists and refer- 19, and it helps mitigate impact and rals to assist with economic recovery for ouravoid closures by providing one-time local businesses. awards of up to $10,000 per business.Full Links to Resources1 The Federal CARES Act has billions of dollars in loans available for6 Small Business Development Center (SBDC) at Highline College.small businesses across the country. bizdev.highline.edu/SBDC.phpwww.sbc.senate.gov/public/_cache/files/2/9/29fc1ae7-879a-4de0- 7 The Seattle Southside Chamber has created the Southside Mitiga-97d5-ab0a0cb558c8/1BC9E5AB74965E686FC6EBC019EC358F. tion and Recovery Taskforce (SMART).the-small-business-owner-s-guide-to-the-cares-act-final-.pdf www.seattlesouthsidechamber.com/smart2 Free webinars are available to help businesses understand and8 The Seattle Metropolitan Chamber of Commerce has the Keep access the CARES Act. Workers Healthy and Safe Fund.www.portseattle.org/page/small-business-relief-webinarswww.keepworkershealthyandsafe.com/our-goal 3 REACH King Countys Working Washington Small Business Emer- 9 Seattle Foundation has a COVID-19 Response Fund.gency Grant Program. www.seattlefoundation.org/communityimpact/civic-leadership/covid-startup.choosewashingtonstate.com/covid-grants/19-response-fund 4 Facebook has a Small Business Grants Program. 10 List of Essential Businesses in the State of Washington.www.facebook.com/business/boost/grantscoronavirus.wa.gov/whats-open-and-closed/essential-business 5 Washington Small Business Development Centers Business Resil- 11 Needing clarification on whether your business is on the Essential iency Toolkit and Guide. Business list.wsbdc.org/protect-your-business/business-resiliency/ app.smartsheet.com/b/form/d4c155fa930f4b848f95774d610c9708 8 | DES MOINES CITY CURRENTS | SUMMER 2020'