COVID-19 RESOURCES
We know these are uncertain times but more than ever our focus is on you, the entrepreneurs who have the power to innovate the industries of the future. We’ll continue to update this page with resources and articles in response to the current economic climate.
sba disastser loans
If you have cash flow and are looking to bridge, this could be a good opportunity for low interest long term debt. The SBDC is available to help with these applications as rules and process become available. SBA offers a three-step process for disaster loans explained here.
JONES WALKER RESOURCES
Our legal partners at Jones Walker have put together a number of resources. While applying for grants, please review their summary of the Cares Act.
They also have guidance in regards to the Payment Protection Program advising you work with your current banker. If you do not have one or having trouble securing, please contact Jon directly.
Facebook Small Business Grants Program
Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where we operate.
NVCA
The National Venture Capital Association (NVCA) is working diligently to address the VC industry’s needs and provide resources that aim to help firms and portfolio companies during this challenging time.
They've put together guidance on affiliation rules for companies with preferred equity financing here.
office of economic development
The city is collecting initial estimates of damages from COVID-19 which will help with federal and state response funding. If you have been impacted financially and can make a quantitative estimate, please consider submitting this form and send to jeschwartz@nola.gov and castuckswisch@nola.gov
The Lafayette Economic Development Authority
The Lafayette Economic Development Authority is regularly updating this page with helpful information for businesses amidst the crisis.
WHAT WE’RE READING
Mattermost CEO Ian Tien on Building a Successful Remote Team
How To Keep Your Company Alive – Observe, Orient, Decide and Act
PAYCHECK PROTECTION PROGRAM LOANS Frequently Asked Questions (FAQs) From the Treasury
OP-ED: Startups and emerging tech companies falling through cracks
More funding is being discussed in congress to support PPP program
List Of Coronavirus (COVID-19) Small Business Loan And Grant Programs
Why Convertibles Make More Sense by Setting a Post-Money Cap
Having trouble getting a PPP loan? Goldman Sachs is offering help
WHAT WE’RE WATCHING
RECORDINGS:
Fundraising Workshop with The Idea Village 2020 Cohort and Phelps Dunbar - PW: idea504
Virtual Community Content “Preparing to Fundraise in a Cash Crisis” - PW: Z0$v^B49
How to Grow B2B SaaS in a Recession PW: 2P!I5&a0