The City of Hollywood’s Office of Communications, Marketing and Economic Development is compiling information to assist businesses throughout the duration of the COVID-19 pandemic. Please see the following business-related updates and links to resources:
Schedule of Events
• As a part of the Neighborhood Pride Program, the City of Hollywood’s Economic Development team launched its first series of Work Skills Training Scholarship Programs. All programming scheduled for the month of April is currently on schedule as planned. As the COVID-19 emergency continues to evolve, registered participants should continue to monitor the City’s website for the latest information regarding classes and workshops.
• In partnership with the Greater Hollywood Chamber of Commerce, the City’s Economic Development Team is planning a Facebook LIVE “COVID-19 Business Resources” event for a date and time this week. The goal of the event will be to address small business disruptions due to the outbreak. The discussion will focus on disaster programs currently available to small businesses at the State and Federal level and what information is needed to apply. Once the Facebook LIVE event is confirmed, we will share the day and time for business owners to participate.
• Staff will continue to post the most up-to-date information on the City’s main website, and our Economic Development website.
Business Damage Assessment Survey
(Florida Department of Economic Opportunity)
The Florida Department of Economic Opportunity (DEO) issued the Business Damage Assessment Survey to evaluate businesses affected by COVID-19 and the impacts the virus has had on the local economy. The survey’s feedback allows State Government to fully assess the economic impact COVID-19 is having on Florida businesses and industries, in order to mobilize the appropriate resources to help alleviate those pressures. The Business Damage Assessment Survey can be taken online. Results will be shared with state agencies and local partners, including the Small Business Administration. For inquiries/assistance with the survey, contact ESF18@em.myflorida.com.
Coronavirus COVID-19 Business Recovery Resources
Short Time Compensation Program for Employees
The Short Time Compensation program helps employers retain their workforce in times of temporary slowdown by encouraging work sharing as an alternative to layoff. This program permits prorated reemployment assistance benefits to employees whose work hours and earnings are reduced as part of a Short Time Compensation plan to avoid total layoff of some employees.
Economic Injury Disaster Loan Program
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). The program makes loans of up to $2 million that can provide vital economic support to small businesses and private, non-profit organizations in designated areas of a state or territory to help alleviate economic injury caused by COVID-19.
Additional Online Resources
Broward County - Business Assistance
Florida Department of Economic Opportunity (FDEO)
U.S. Small Business Administration (SBA)
Florida Small Business Development Center (SBDC)
We will continue to monitor and update this information as it becomes available. Links to these established programs can be found on the City’s Economic Development website.
Please continue to monitor our websites: www.choosehollywoodfl.com and www.hollywoodfl.org for the latest updates.