Currents Sand Dollars

Business Advice From SCORE: Research The Available Aid – Cape Cod Covidispatch

Brian Tarcy
Written by Brian Tarcy

WEST DENNIS – As the Covid-19 pandemic began closing businesses, “our role became very clear,” said Marc Goldberg, assistant district director for the non-profit business mentorship program SCORE. “As mentors, we’re educators,” he said.

“The number one piece of advice we have for businesses and nonprofits is to learn as much as possible as to what is available to them as far as aid from the state of Massachusetts and from the Small Business Administration to bridge them through this period,” said Goldberg, of West Dennis.



Goldberg’s district includes Rhode Island, Southeastern Massachusetts, Cape Cod and the islands of Martha’s Vineyard & Nantucket. He is also past chair of the Cape Cod & Island SCORE chapter.

While some information changes almost daily, such as the availability of various payment deferment programs, there are and have been in place programs that had been previously set up to help small businesses in need, he said.

Corona

Cape Cod Covidispatch
CAPE COD WAVE ILLUSTRATION

“One thing I’m trying to do is help educate small businesses as to, number one, what support is available to them,” he said. “And number two, what kind of actions they can take to help their businesses survive, because it is a matter of survival for most small businesses.”

“Right now, we are trying to reach as many small business owners as we can with facts as to what’s available to them,” said Goldberg. “These are programs that are available to them right now.”

“We have a steady stream of information flowing to us from the Small Business Administration,” he said. Score is a resource partner with the SBA, according to its website.

“One of the support programs that is available,” he said, “is a program called EIDL, or Economic Injury Disaster Loans.” Here is a link –  Economic Injury Disaster Loans

Another is the Express Bridge Loan Pilot Program.

SCORE is helping business owners get up to speed on this program with a webinar on April 1 at 9 a.m., “in which a senior lender relations specialist of the SBA will explain the program and how affected businesses can pursue assistance in this program,” according to a SCORE statement.

Registered is required at this link – SCORE webinar

The SCORE chapter of Cape Cod & The Islands has 60 volunteer mentors, who are working with, in total, “several hundred businesses at a time,” said Goldberg.

Marc Goldberg“Our mentoring is free and confidential to anybody who is interested in starting a business, who is in business and needs help. We help in the way of growing a business, in getting out of trouble, even exiting a business,” he said.

For this evolving situation, Goldberg said, SCORE has been working with all of its mentors, most recently through a Zoom meeting, so they are up to date on available programs to relay to those they work with. “We are educating ourselves so we can help our clients, he said.

Goldberg said he has not received a lot of calls yet, but those he has heard from have asked how to deal with layoffs and how to defer payments to various vendors, including insurance.

“This is all evolving,” he said. “You’ll need to be connected to those people you do business with. You need to be connected to your banks, your insurance company, your suppliers. You need to stay in connection with your supply chain, and with those people who support them,” he said.’’

“Each one of those is doing different things,” he said, and a business owner must be aware of all options and requirements.

– Please like us on Facebook.

For our other coverage see Cape Cod Covidispatch

You Can't Sell Right Field

–PLEASE SEE You Can’t Sell Right Field,  a novel from Cape Cod Wave…. about land for sale, a crooked developer, a softball team named The Townies, and an election. Based on the true story of a Cape Cod development from the early 1990s, and Cape Cod softball.

 

About the author

Brian Tarcy

Brian Tarcy

Brian Tarcy is co-founder of Cape Cod Wave. He is a longtime journalist who has written for the Boston Globe, Boston magazine, the Cape Cod Times and several other publications. He is the author of "YOU CAN'T SELL RIGHT FIELD; A Cape Cod Novel." He is also the author or co-author of more than a dozen mostly non-fiction books, including books with celebrity athletes Cam Neely, Tom Glavine and Joe Theisman. His previous book was, "ALMOST: 12 Electric Months Chasing A Silicon Valley Dream" with Hap Klopp,who created the iconic brand, The North Face.
For more information, see Briantarcy.com
Brian is a long-suffering Cleveland Browns fan with a long-running NFL predictions/political satire column connecting weekly world events to the fate of his favorite team, now at Whatsgonnahappen.com.

Leave a Comment

error: Content is protected !!