March 25, 2020 - Greater Mankato

25 Mar UPDATED: Stimulus 3.0 – Federal CARES Act: Key Provisions Impacting Employers

Posted at 22:44h in Advocacy, Business Development by Greater Mankato Growth 0 Comments

On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This is the third bill passed by Congress in response to COVID-19. This bill provides significant resources to businesses and individuals alike to weather this crisis. Greater Mankato Growth has compiled a summary of the key provisions in the bill impacting businesses - of which there are many. This may be overwhelming, but know that more resources will be coming soon to assist you as the law is implemented and Greater Mankato Growth will be there every step of the way to ensure you are kept informed with timely and accurate information.You can also view excellent summaries done by the US Chamber of Commerce and US Senate Committee on Small Business & Entrepreneurship.

25 Mar Webinar: SBDC and GMG Review Business Resources

Posted at 16:07h in Business Development by Greater Mankato Growth 0 Comments

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On Wednesday morning, March 25th, the Small Business Development Center at Minnesota State University, Mankato and Greater Mankato Growth reviewed the primary available resources for businesses to date. The recorded video highlights the:SBA Disaster Loan, the Shared Worker program, and the MN DEED Small Business Emergency LoanThese 3...

25 Mar Governor’s Stay at Home Order

Posted at 14:40h in Advocacy by Greater Mankato Growth 0 Comments

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This afternoon Governor Walz announced plans for a temporary Stay at Home Executive Order: The Minnesota Model to take effect on Friday, March 27 at 11:59 p.m. to Friday, April 10 as a next step and action to address the rapidly spreading COVID-19 virus to protect the health and safety of Minnesotans. This order will also extend the closure of restaurants, bars, hospitality and recreational facilities from last week’s order until May 1, 2020. Additionally, schools will be closed and learning will be online until May 4, 2020.

25 Mar US Department of Labor Guidance on Paid Leave

Posted at 07:53h in Advocacy by Greater Mankato Growth 0 Comments

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The US Department of Labor has issued preliminary guidance for employers and employees implementing the new paid leave provisions of the Families First Coronavirus Response Act. As a reminder, all employers with 500 or less employees must implement these new federally reimbursed paid leave programs...