COVID-19 Business Resources

COVID-19 Business Resources

With daily updates about the economic impact of the Coronavirus (COVID-19) on businesses and questions about the relief offered by the European Commission, EU member states and U.S. Government agencies, EACC has put together an overview of state and federal relief available to offset economic losses.

American & European businesses are facing an unprecedented economic disruption due to the COVID-19 outbreak government worldwide have put together various loan programs to help those businesses.

This section offers resources from the US and across Europe to help you navigate this “new normal.”

We also added a selection of COVID-19 related member insights and resources. Please feel free to reach out to the EACCNY Office if you would like to connect to any of the EACC members to learn more about any of the issues raised in their articles and white papers.

NEED MORE HELP :
If you have questions or need assistance applying for the above relief programs, we encourage you to reach out to the EACC. We have a network of experts at the ready who can help you through the process and manage the labyrinth of paperwork. You can reach us by email at ybr[at]eaccny.com.

COVID-19 RELATED NEWS

COVID-19 News, Member News

Offit Kurman | DOL Changes and Clarifies COVID-19 Sick and Family Leave Federal Regulations

On September 11, the U.S. Department of Labor (“DOL”) promulgated revisions and clarifications to its April 1 regulations interpreting the Families First Coronavirus Response Act (“FFCRA”).  That Act, applicable to most employers with under 500 employees, provides paid sick leave of up to 80 hours and two weeks of unpaid time off followed by 10 weeks at partial pay to workers who can’t work because their child’s school or daycare provider has closed.  The DOL stated that the changes...

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COVID-19 News, Member News

COVID-19 & Manufacturing

1/ Introduction, Management summary: Unfortunately, as we understand now, COVID-19 will not go away in a matter of weeks or months. Even with a vaccine, scientists have doubts about a prompt turnaround of the situation we are in. It is to be considered as a major disruption on top of others, as the world trade rebalancing with the ongoing trade wars, global warming concerns, and the geopolitical instability that will contribute to profound structural evolutions of our economies for the...

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Chapter News, COVID-19 News

COVID-19: Council approves €87.4 billion in financial support for member states under SURE

The Council on September 25, 2020 approved €87.4 billion of financial support to 16 member states in the form of EU loans under SURE – a temporary EU instrument to mitigate unemployment risks during the COVID-19 crisis. The support will help the member states finance the severe increase in public expenditure incurred as of 1 February 2020 as a result of the use of national short-time work schemes and similar measures, including for self-employed persons, and some health-related measures in...

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COVID-19 News, Member News

MJV Technology & Innovation | New Normal Under Construction (Life after COVID) Research

New Normal Under Construction (Life after COVID) Research is a study that aims to support anyone, especially leaders, to balance reflection and action for decision making in the present, with eyes on the possible futures. For businesses, governments, and society, it has become clear that it is crucial to keep ourselves on our feet to develop anticipatory innovation and antifragility skills. This research dives into the uncertainties of today and the decade to understand how to tackle them best...

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