LaRC Contractors Steering Council Meeting – June 22, 2020

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The monthly Langley Contractors Steering Council (LCSC) meeting will be held on Monday, June 22, 2020 at 9:30 – 10:30 am.  This will be a virtual meeting using Microsoft Teams. Use this link to join the Microsoft Teams meeting:  Join Microsoft Teams Meeting.

Our Keynote Speakers for the LCSC June 2020 meeting are LaRC Center Director Clayton Turner and Deputy Center Director David Young.  They will be discussing planning efforts for Return to On-site Work at the Center, and answering questions submitted before the meeting.  Please submit your questions to nickie.wills-1@nasa.gov by Sunday, June 21.

The agenda for this meeting is:

Keynote Presenters – LaRC Center Director Clayton Turner and Deputy Center Director David Young: Guidance for Return to On-Site Work
Small Business Update
Contractors Steering Council Election of Deputy Co-Chair
VASBA Update

The LCSC is comprised of on/near site LaRC contractors and civil servant employees and provides timely information and feedback on Center-wide issues and activities of mutual interest.  Additionally, the council acts as a forum for informal communications between LaRC and the local contractor community.  The LCSC meets on the third Thursday of every month.

Additional $10 Billion for CDFIs to Participate in the Paycheck Protection Program

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Rob Betts requested that the following Small Business Administration (SBA) announcement be shared with LaRC Contractors Steering Council members.

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that it is setting aside $10 billion of Round 2 funding for the Paycheck Protection Program (PPP) to be lent exclusively by Community Development Financial Institutions (CDFIs). CDFIs work to expand economic opportunity in low-income communities by providing access to financial products and services for local residents and businesses. These dedicated funds will further ensure that the PPP reaches all communities in need of relief during the COVID-19 pandemic – a key priority for President Trump.

Please use this link to access the full text of SBA’s press release:

SBA and Treasury Department Announce $10 Billion for CDFIs to Participate in the Paycheck Protection Program

 

SBA Economics Resources for COVID-19

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Rob Betts requested that the following Small Business Administration (SBA) announcement be shared with LaRC Contractors Steering Council members.

Coronavirus (COVID-19): Small Business Guidance & Loan Resources

Paycheck Protection Program (PPP)
Wednesday, May 27, 2020 – 9:00am EDT
SBA Sponsored
Registration Required

Webinar: SBA Economic Resources for COVID-19(EIDL)
Wednesday, May 27, 2020 – 11:00am EDT
SBA Sponsored
Registration Required

Paycheck Protection Program (PPP)
Thursday, May 28, 2020 – 9:00am EDT
SBA Sponsored
Registration Required

Webinar: SBA Economic Resources for COVID-19(EIDL)
Thursday, May 28, 2020 – 11:00am EDT
SBA Sponsored
Registration Required

Paycheck Protection Program (PPP)
Friday, May 29, 2020 – 9:00am EDT
SBA Sponsored
Registration Required

Webinar: SBA Economic Resources for COVID-19(EIDL)
Friday, May 29, 2020 – 11:00am EDT
SBA Sponsored
Registration Required

Paycheck Protection Program (PPP)
Saturday, May 30, 2020 – 9:00am EDT
SBA Sponsored
Registration Required

Paycheck Protection Program (PPP)
Sunday, May 31, 2020 – 9:00am EDT
SBA Sponsored
Registration Required

Additional Resources

SCORE Coronavirus Resources

Veteran Business Outreach Center (VBOC) Resources

Virginia PTAC

Virginia SBDC Recovery Resources

Women’s Business Center (WBC) Resources

SBA EIDL and PPP Resources

Economic Injury Disaster Advance Loan

Payroll Protection Plan

 

LCSC Members Invited to Virtual VASBA Luncheon – May 21, 2020

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LCSC members are invited to the Virginia Aerospace Business Association (VASBA) May Virtual Luncheon on Thursday, May 21, 2020 from 10:00 AM to 11:00 AM.

VASBA Logo

VASBA cannot hold its regular, monthly luncheon so it is holding a virtual talk instead.  The guest speaker is Clayton Turner, Director of NASA Langley Research Center.   Director Turner will share about the current state of things due to COVID-19, returning to work, upcoming NASA milestones, and what Langley is working on.

Information for joining the meeting:

We will be using Microsoft Teams for this event.
Join the Microsoft Teams Meeting

If you don’t have the Microsoft Teams app installed on your computer, when you click the link to join the meeting you will be given the choice to either download the app or join via the web. Please give yourself time to do this before the meeting starts (3-5 minutes).  When you are let into the meeting you will automatically be muted. We also ask that you turn off your video feed to maintain best meeting quality for the group.

What is VASBA?  VASBA is statewide nonprofit trade association representing the aerospace industry in the Commonwealth of Virginia. Membership includes more than 25 companies, nonprofits, and individuals representing various facets of the industry to advocate for the aerospace industry before federal, state and local policy makers.  VASBA events provide networking opportunities for aerospace industry participants with colleagues, industry leaders and policy makers. Aerospace companies, research labs, academic institutions, individuals and professional service firms are welcome to participate.

We hope you will join us on May 21!

Hampton Offers Forgivable Loans to Small Businesses Affected by COVID-19

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Rob Betts requested that the following Hampton City Council announcement be shared with LaRC Contractors Steering Council members.

On April 10, 2020 Hampton City Council authorized a forgivable loan assistance program for small Hampton-based businesses. The program is designed to help small businesses adversely impacted by Gov. Ralph Northam’s order to close or significantly limit business operations as outlined in Executive Order 53.

These forgivable loans of up to $10,000 are designed to give Hampton businesses access to needed cash until federal and/or state assistance funds arrive. They will be administered by the Hampton Economic Development Authority (EDA). The loans can be used for payroll expenses, rent or mortgage payments, utility expenses, marketing and other eligible business expenses incurred during normal operations. Loan applications will be accepted until available funds are exhausted or September 30, whichever is earlier.

Information on applying for the Small Business Assistance Program is available now. Please visit our COVID-19 Small Business Assistance Program page to learn more and to apply for a loan.

Businesses are also eligible to apply for an extension on local property and business personal property taxes; however, they cannot receive both forms of relief.

Businesses that apply and are accepted will have until August 1, 2020, to pay their personal property, real estate, and business personal property with no interest or penalty fees. Applicants must show they have a demonstrated financial loss or strain directly attributable to COVID-19 and not covered by unemployment and other stimulus programs.

Extension applications must be submitted to the Treasurer’s office by Friday, May 15, 2020. The Treasurer’s Office will notify taxpayers if their application is accepted.

To apply for an extension, go to hampton.gov/treasurer/covidrelief. You can apply online or download a printable form Forms must be mailed (postmarked by May 15) or delivered to the Treasurer’s Office drop box at the Ruppert Sargent Building, 1 Franklin Street. Printed applications will also be available in boxes attached to the doors of that building.