April 1, 2020

How Does the CARES Act Impact You?
The Charlotte Agenda breaks down the numbers and talks with the CLT Alliance’s Janet LaBar about the measure’s ability to help all small businesses.

What’s Next for Economic Development?
While the CLT Alliance’s economic recruitment team continues to work with companies interested in expanding or relocating to the region, there’s no doubt that COVID-19 is and will continue to impact economic development projects worldwide. Paul Brogan, ROI Research on Investment, shares his thoughts on the future of economic development.

North and South Carolina Governors Take Tougher Stance Against Pandemic
Governors Roy Cooper and Henry McMaster have issued new executive orders to address the growing health concerns. Here’s the difference between the two.

Small but Mighty
Belmont and Mount Holly are providing emergency loans to small businesses who simply can’t afford to wait for state and federal assistance to arrive. We applaud these two Gaston County municipalities for helping to bridge the critical financial gap.

Need a Small Business Grant?
Verizon and Local Initiative Support Corporation (LISC) are offering grants of up to $10,000, especially to entrepreneurs of color, women-owned businesses and other enterprises in historically underserved places. The deadline is Saturday, April 4.

Work Must Go On
The North Carolina General Assembly may be out of session, but Representative Jason Saine says legislators are working harder under social distancing orders than when they’re in Raleigh. Saine, co-chair of the House Select Committee economic support working group, explains what has them so busy.

Regional Roundup
Furniture manufacturer Hickory Springs is switching production lines to make medical mattresses and metal beds for hospitals, medical practices and overflow medical areas dealing with COVID-19. The company expects to make 4,000 mattresses and 2,000 metal bed frames daily.

Good Deeds in Tough Times
The YMCA of Greater Charlotte is offering free childcare for essential healthcare employees and has created a staff relief fund for Y employees.

With thousands of restaurant and hospitality workers in the Charlotte Region and across North Carolina without jobs or a source of income, the North Carolina Restaurant and Lodging Association has created a relief fund to assist with basic needs.

Social Post of the Day
It’s #CensusDay. No excuses! Every submission is important for future community resources.

Ask Us
With so much information released daily, and resources being offered from all different directions, the CLT Alliance is here to help sort through the confusion and frustration.

Never has the CLT Alliance’s vision statement been truer than now:
With united vision and bold action, we will create the most vibrant, innovative and healthy economy in the nation.

If you share our belief, spread the word and share this Daily Digest. Also, check out a special page on our website created as an easy reference point for the latest COVID-19 business and workplace information.

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