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

Chapter News, COVID-19 News

Coronavirus: EU Commission mobilises €123 million for research and innovation to combat the threat of variants

The EU Commission is mobilising €123 million from Horizon Europe, the new EU research and innovation programme, for urgent research into coronavirus variants. This first emergency funding under Horizon Europe adds to a range of EU-funded research and innovation actions to fight the coronavirus and contributes to the Commission's overall action to prevent, mitigate and respond to the impact of coronavirus variants, in line with the new European bio-defence preparedness plan HERA Incubator. Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth,...

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Chapter News, COVID-19 News

“COVID-19 shows why united action is needed for more robust international health architecture”

Op-ed article by President Charles Michel, WHO Director General Dr Tedros Adhanom Ghebreyesus and more than 20 world leaders | The COVID-19 pandemic is the biggest challenge to the global community since the 1940s. At that time, following the devastation of two world wars, political leaders came together to forge the multilateral system. The aims were clear: to bring countries together, to dispel the temptations of isolationism and nationalism, and to address the challenges that could only be achieved together...

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COVID-19 News, Member News

MJV | Cybersecurity: how to reduce cyber attack risks in the home office era

The outlook we had previously was that companies in the financial and insurance sectors were the champs in suffering from cyber attacks, naturally because they have plenty of valuable resources: data. However, that is changing. Unfortunately, we see companies of all sectors suffering from these attacks. This is because data is everywhere. And it's worth more than oil. What the most problematic element of Cybersecurity? The ever-changing nature of risks. Therefore, measures to add new layers of security to operations and...

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COVID-19 News, Member News

Marks Paneth | Planning Considerations to Maximize the Benefit of Employee Retention Credits

The Employee Retention Credit (ERC), first introduced in the CARES Act, is a refundable payroll tax credit that essentially represents an elimination of the employer’s 6.2% FICA tax on at least a portion of an employees’ wages and a government subsidy for the remaining amount of the credit. It was set to expire on June 30, 2021, but the recently signed American Rescue Plan Act has extended the ERC through all four quarters of 2021, which can provide significant...

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