Tag: Economic Development Collaborative (EDC)

EDC Business Alert — Business Resource Updates

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On March 27th, Governor Newsom issued Executive Order N-37-20 implementing a statewide eviction moratorium on evictions through May 31st. EDC encourages renters who are unable to pay rent due to financial hardship and the impact of COVID-19, to inform their landlord by completing a Notice of Coronavirus-Related Inability to Pay Rent in order to preserve rights as a tenant. For more information on Covid-19 moratorium related eviction guidelines in Ventura and Santa Barbara County please visit this website.

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EDC — Paycheck Protection Program Reopens 4/27

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The SBA will resume accepting Paycheck Protection Program applications from participating lenders on Monday, April 27, 2020 at 7:30 AM.

If you are seeking additional capital through the Paycheck Protection Program, we highly encourage you to review our Federal Funding Preparation Guide in advance of any application you may submit.

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EDC BUSINESS ALERT- EDC Business Disaster Loan and Wednesday Webinar Series

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We are excited to announce that we are now accepting applications for our EDC Disaster Loan. Special thanks to Pacific Western Bank for contributing $500,000 to the EDC Disaster Loan Fund. These funds are meant to support small businesses in Ventura and Santa Barbara County only. Due to the volume of requests we anticipate and limited private capital funds we know that we will not be able to serve every small business. However, we do believe that the SBA Disaster Loan Program (EIDL), and the Paycheck Protection Program (PPP) are the best sources of capital available to small businesses.

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EDC BUSINESS ALERT- New COVID-19 Business, Self-Employed and Employee Benefit Webinar Series and Business Resource Hotline

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Good Afternoon Clients, Partners and Friends, It is truly an extraordinary time. Thank you for your partnership, support and grace as we have all made necessary and sometimes uncomfortable adjustments to meet this moment. In the brief period of time…

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EDC January 2020 NEWS- EDC Welcomes Nan Drake as Board Chair

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EDC WELCOMES NAN DRAKE AS 2020 BOARD CHAIR Nan Drake of E.J. Harrison & Sons was recently installed as 2020 chair of the Economic Development Collaborative’s board of directors at the organization’s 23rd Annual Meeting. “Nan Drake brings extensive experience…

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