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April 22, 2020
Davie County Makes Top Five in NC for Census Reporting Way to go Davie County! You’ve made it into the top five counties in the state for Census reporting! “Number five is good but with a little more effort, I think we can make it to #1,” said Terry Bralley, president of the Davie County Economic Development Commission, urging Davie County residents to respond to the Census and to encourage their friends, family, and co-workers to do the same. “The census is a once-every-10-year event. It’s critical that everyone is counted so that we aren’t at a loss for the […]
April 3, 2020
Overview and Comparison of New SBA Loan Opportunities An Overview and Comparison by the SBA of Loans Through CARES This information comes to us from the SBA and compares the relief loans available to small businesses as well as giving business owners the details of next steps to take. SBA Emergency Loans The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, allocates $349 billion to help small businesses keep workers employed amid the current circumstances they are encountering. The CARES Act provides funding for the Paycheck Protection Program, modifies the existing Emergency Injury […]
April 1, 2020
Free Small Business Loan Webinar, Monday, April 6th at 11 a.m. Confused about the ever-changing governmental programs designed to support small businesses through the Covid-19 pandemic? Find out more about SBA loan programs through this timely webinar co-hosted by the Piedmont Triad Regional Council (PTRC) and the US Small Business Administration (SBA). Get More Information About Loan Opportunities The goal of this webinar is to review two lending opportunities offered by the SBA: Paycheck Protection Program Injury Disaster Loan We will also review regional economic recovery strategies coordinated by the PTRC. How to Register Registration is free, but spaces are […]
March 30, 2020
EDC Update for Local Small Businesses This update contains important information from Terry Bralley, president of the Davie County Economic Development Commission, for small businesses. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Loan Guarantees Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses that maintain their payroll during this emergency. This also includes independent contractors and self-employed businesses. Download Your Guide Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis […]
March 27, 2020
Relief for American Workers and Businesses Read a summary of the Covid Phase 3 Unemployment Insurance and Tax Provisions to Relieve American Workers, Families, and Businesses, approved today by the federal government. The CARES ACT SUMMARY The CARES ACT summary below details the provisions made for the assistance of American workers their families and businesses during the government restrictions brought about by COVID-19 infections. This document summarizes recent unemployment insurance and tax provisions and outlines the Relief for Workers Affected by Coronavirus Act. Relief for Non-Profits Included Emergency Unemployment Relief for Governmental Entities and Nonprofit Organizations is also included in […]
March 26, 2020
Tips on What You Can Do to Help Small Businesses Stay Healthy, Wash Your Hands Often, and Follow the NC Department of Health & Human Services Guidelines. Follow the Social Media Channels for Small Businesses in your Community. Connect Virtually with Small Businesses for Products and Services. Comment and Share Posts from Small Businesses. Shop Small/Shop Local Online or Over the Telephone. Leave 5-Star Reviews for Businesses that You LOVE. Order Take-Out from Local Restaurants, Coffee Shops, Bakeries, etc. Promote Your Positive Experiences on Social Media. Buy Gift Cards NOW and Use Them Later. Buy Items NOW for Future Pick […]
March 25, 2020
NOTE: UPDATED 3/25/20 at 4:30 p.m. Essential Business? Register Today To Avoid Closure The NC Office of Emergency Management is collecting information on businesses that wish to be deemed essential in case we reach the point that such a designation is necessary. “State legislators are suggesting to any business that is concerned about further closings to send an email sooner rather than later,” said Terry Bralley, president of the Davie County Economic Development Commission. Businesses that wish to be considered essential should email beoc@ncdps.gov with the following information: Business name Point of Contact including: name email phone number address Nature […]
March 24, 2020
As of March 23rd, North Carolina is among the bottom 10 states in the nation for census response. On Friday, March 20 the U.S. Census Bureau began publishing self-response rates for the 2020 Census. The rates represent the number of households that have filled out their census forms on their own (online, by mail, or by phone) as a percentage of all housing units, since the Bureau started sending out invitations to households in early March to participate in the Census. How is Davie County Performing? From March 12 – 23, 16.8% of households in Davie County have filled out […]
March 20, 2020
Keeping Employees Healthy AND Keeping the Doors Open During this unprecedented global health crisis, Davie County industries are seeking ways to protect the health of their employees and keep their doors open and businesses running as smoothly as possible. Best Practices That Are Currently Being Implemented Terry Bralley, president of the Davie County Economic Development Commission (DCEDC) surveyed the county’s largest employers to find out how they are accomplishing those goals. “Covid-19 is having a profound effect on all businesses and each is searching for the best way to move forward,” said Bralley, as he shared steps taken by different […]