RISCPA/RI BUSINESS FORUM NEWS RELEASE OCTOBER 29, 2020

RISCPA/RI BUSINESS FORUM NEWS RELEASE OCTOBER 29, 2020

NEWS AND UPDATES:

  • Governor Raimondo said the state continues to move in the wrong direction with increased numbers of COVID cases and hospitalizations and the positivity rate continues to climb. She will hold a special news conference this Friday and it is widely expected she will announce additional restrictions at that time.
  • Rhode Island Commerce Corporation announced $1.75M has been allocated for Business Adaptation Grants. Beginning October 21st. The program, targeted for companies with business models (products and/or services) dramatically constrained and significantly impacted by the public health emergency resulting from the COVID-19 pandemic, is designed to support affected businesses in adapting their business models and/or operations in substantial ways. Eligible businesses can receive up to $50,000. https://commerceri.com/businessadaptation/
  • RESTORE RI Program has been expanded with businesses eligible for grants Up to $30K (double the original grant sizes). Applicants who have already received grants with expenses not covered under their original grant application will be eligible to request additional funding under a streamlined process.
  • Governor Raimondo announces $20M Hotel, Arts & Tourism Industry Relief Program. The $20M grant program will include direct support to tourism and hospitality businesses; fund placemaking and resiliency activities: PRESS RELEASE
  • Phase 3 Extended through October 28th: https://www.reopeningri.com/

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ribf

RI Business Forum partners RISCPA and RIMA announce a first of its kind partnership and ancillary benefits platform to serve members and partners. The partners also announced the release of the following: 

Employer Bill of Rights

Broker Pledge

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sba

The U.S. Small Business Administration announced Economic Injury Disaster Loans (EIDL) will be available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and private nonprofit organizations in Providence County in Rhode Island as a result of drought that began on Sept. 29, 2020.

Fact Sheet - Economic Injury Disaster Loans

SBA EIDL Declaration for Drought

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rima

RI Manufacturers Association Announces Auditor program

The RI Manufacturers Association in partnership with the Raimondo Administration, announced a new initiative for manufacturers. RIMA’s Covid-19 Audit program

Designated Internal Covid-19 Auditor

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 bv

IRS Addresses Fears Over Change in Appraisal Reviews: BV Wire

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RISCPA/RI BUSINESS FORUM ANNOUNCES PARTNERSHIP WITH LT. GOVERNOR DAN MCKEE - OPERATION HOLIDAY CHEER SUPPORTING RHODE ISLAND MILITARY RELIEF FUND

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SBDC

Rhode Island Small Business Development Center is hosting a series of free events to help small businesses with their business and marketing needs. For more information, please CLICK HERE

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GA

RISCPA GOVERNMENT AFFAIRS

AGENDA: Governor's Budget Amendment 17--Article 1 and 4 --Rhode Island Capital Plan Funds and Capital Projects

The meeting will be televised live on Capitol Television, which can be seen on Cox Channels 15 and 61, in high definition on Cox Channel 1061, on Full Channel on Channel 15 and on Channel 34 by Verizon subscribers. It will also be LIVE STREAMED HERE

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RIDT

All Division Advisories are available here: http://www.tax.ri.gov/Advisory/index.php

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COVID-19 Rhode Island Stats (10/22/2020)

  • Total number of cases: 32,312
  • New cases: 351
  • People hospitalized: 139
  • Total Number of Deaths: 1,195
  • Total number of tests: 1,106,382
  • Positivity rate: 2.7%
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