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Small Biz Bulletin

November 2, 2020

Special Secretary Jimmy Rhee

Message from Special Secretary Rhee

Appreciative Audiences Prevail

"Pivot" is the trendy word being used to identify how entrepreneurs are adapting to the business environment during the COVID-19 pandemic. Back in March, I did not think I would adapt to a world ruled by social distancing, but I was wrong. I have settled into the new "norm" and discovered some pleasant surprises along the way.
I enjoy the more casual dress code and am happy to be spending far less time in my car driving from meeting to meeting. I have also successfully made the pivot to the virtual platform of meetings and webinars. In my role as Special Secretary, I am an active public speaker, invited to attend eight to 10 events in a typical month. Talking to a computer screen from my home office has been a big adjustment, and I've had to sharpen my own tech skills. Sadly, there are those who are hacking these platforms with nefarious agendas. I was recently the victim of such an action. Thankfully, calm heads prevailed and we were able to continue with the agenda. I share this experience to highlight one simple truth -- we cannot control the behavior of others, but we can always control our own behavior. Be outraged by those who seek to discriminate, but do not shy away from events hosted on these virtual platforms. The great programs available to us all deserve appreciative audiences who cultivate respect and dignity.

Jimmy Rhee
Special Secretary

For Your Business

Roadmap to Recovery

Governor Hogan Increases Economic Relief by $250 Million 

Governor Larry Hogan recently announced the $250 million "Maryland Strong: Economic Recovery Initiative," which provides funding from the Rainy Day Fund to directly assist small businesses, restaurants, local entertainment venues, arts organizations, and Main Streets across the state. The initiative doubles the state's total commitment to COVID-19 emergency economic relief for Marylanders to $500 million. The governor has directed each agency to ensure that this much-needed funding gets out the door as quickly as possible and will work closely with local partners to assist in expeditiously getting this money into the hands of struggling citizens and small businesses. The new funding will be provided to new and existing programs:

  • $50M – expansion of the Maryland Small Business COVID-19 Relief Grant Fund
  • $50M – direct relief for restaurants
  • $20M – direct relief for Main Street
  • $20M – expansion of COVID-19 Layoff Aversion Fund
  • $5M – expansion of small and minority business low-interest loans
  • $3M – expansion of arts funding
  • $2M – hometown tourism programs
  • $100M – Emergency Rapid Response Fund for small businesses

Read the official press release for complete details.

$250 Million 'Maryland Strong: Economic Recovery Initiative'

 

Logo MdWBC

A Decade of Difference

Congratulations to the Maryland Women's Business Center (MWBC) on the celebration of their 10th anniversary. This exceptional organization is helping start, sustain, and grow women-owned enterprises that strengthen Maryland's statewide economy. They value diversity, teamwork, creativity, innovation, professional development, and empowerment. Clients consistently choose to work with MWBC for the supportive environment that helps build self-efficacy and confidence. Their skilled and dedicated staff work with 1,500 women entrepreneurs annually, providing individual counseling, hosting workshops, facilitating peer group support, and connecting entrepreneurs to capital resources. MWBC will celebrate a decade of accomplishments on November 19th with an "empowHERment" program that includes awards and raffle prizes from local artists. The program is free to attend, so join in the celebration of a decade!

Maryland Women's Business Center

 

GCO Masks On Maryland

Masks on Maryland

You've been challenged by Governor Larry Hogan. Support Maryland's ongoing health and economic recovery by participating in the "Masks On Maryland" Challenge. As predicted, cases of COVID-19 are increasing around the country and in Maryland during the fall season, and the governor issued an order renewing the current state of emergency in Maryland. While positivity and case rates remain lower than in most states, we must remain vigilant. The "Masks on Maryland" campaign encourages Marylanders to wear masks properly when in public or unable to social distance. Members of the Governor's Coordinating Offices, including our very own Special Secretary Jimmy Rhee, helped to launch the campaign. You can help keep Maryland open for business. To join the challenge, simply post a picture or video of yourself, your colleagues, your family, or friends wearing a mask while social distancing. Be sure to include the hashtag #MasksOnMaryland. 

Masks on Maryland Challenge

MarkYourCalendar2

Mark Your Calendar

In this new environment of social distancing, everyone is adapting. Today's seminars are webinars, Zoom meetings, Facebook Live events, Google Meets, and more. If you have a smart phone or a computer, you have what you need to tap into these valuable training and information sessions. Capacity can fill quickly, so sign up early when required to do so.

11/04/2020 - Poor Bookkeeping Equals Poor Decisions
11/04/2020 - A Roadmap to Your Professional Web Presence
11/05 2020 - Veteran Certification: Are You Interested in Doing Business with the Federal
Government?

11/10/2020 - Technical Training Classroom: Maryland's Veteran-Owned Small Business Enterprise (VSBE) Program
11/10/2020 - MBE/DBE Application Assistance Workshop
11/10/2020 - The Dark Web: Protecting Your Most Important Assets
11/19/2020 - Understanding the Gig Economy
11/19/2020 - A Decade of Difference: Celebrating 10 Years of EmpoweHERment
11/23/2020 - Holiday e-Commerce for Small Retailers
11/24/2020 - BWI Contracting: Win More

Check out our full listing of small business events
online at goMDsmallbiz.maryland.gov.

COVID-19 Business Resources

Happy Thanksgiving

Maryland is OPEN for Business. As a coordinating office for Governor Larry Hogan, the Governor's Office of Small, Minority & Women Business Affairs connects small businesses, including those owned by minorities, women, and veterans to greater economic opportunities.  Learn more by visiting our website at goMDsmallbiz.maryland.gov and connect with us on Facebook and Twitter @goMDsmallbiz.

Has Your Business Been Impacted by COVID-19?

OUR PURPOSE


Women’s Business Centers (WBCs) provides COVID-19 impacted businesses with resources to provide educationtraining, and business advising to small businesses that have experienced supply chain disruptionsstaffing challengesa decrease in gross receipts or customers, or a closure as a result of COVID-19. 

Sign up Today for a FREE Business Advisor


The Baltimore Metropolitan Womens Business Center provides business advisory services for businesses located in Baltimore City, Baltimore, Howard, Frederick, Carroll, and Harford counties.


Our Business Advisors specialize in Branding, Digital Marketing, Business Development, Talent Management (Human Resources/Hiring), Sales and Minority Business Certification/Business Licenses.

  1. Visit the Baltimore Metropoliltan Womens Business Center website - Click Here
  2. Click on the ADVISORY SERVICES Link
  3. Click on the GET STARTED link and you will be directed to the sign up page to register for a business advisor.

Follow the Baltimore Metropolitan Womens Business Center on Facebook and Instagram for business events and business resources.

Facebook ‌ Instagram ‌

ABOUT US

About the Host Organization 

Morgan State University (MSU) is the premier public urban research university in Maryland known for its excellence in teaching, intensive research, effective public service, and community engagement. Morgan prepares diverse and competitive graduates for success in a global, interdependent society.

The Earl G. Graves School of Business and Management (GSBM), which began as Morgan’s Department of Commerce in 1944 is celebrating its 45th anniversary. All programs (undergrad, Masters and Ph.D.) in the GSBM are accredited by the Association to Advance Collegiate Schools of Business (AAACSB) International. The GSBM has more than fifty full-time faculty and an enrollment of approximately 1,500 graduate and undergraduate students. GSBM offers bachelor’s degrees in: Accounting, Business Administration, Entrepreneurship, Finance, Hospitality Management, Human Resources Management, Information Systems and Sciences, Marketing and Supply Chain Management; master’s degrees in Business Administration, Project Management, Public Accountancy, Hospitality Management, Business Administration On-line and Project Management On-line; and doctorate degrees in Business Administration, Marketing, Information Systems, and Accounting.


The Entrepreneurial Development & Assistance Center (EDAC) with the main focus of connecting budding and existing entrepreneurs to resources for venture management and growth. Founded in 1992, EDAC has a long and impressive history of providing a continuum of technical assistance and other support services primarily to underrepresented communities. EDAC has been supported by USDE Title III funds, banks and other private sources as well as program income from activities and mentor-protégé fees.

Women’s Business Ownership CARES ACT

The purpose of this Funding Opportunity Announcement (FOA) is to provide Women’s Business Centers (WBCs) that are currently in SBA’s WBC Program with resources to provide education, training, and business advising to small businesses that have experienced supply chain disruptions, staffing challenges, a decrease in gross receipts or customers, or a closure as a result of COVID-19. Through the Baltimore Metropolitan Women Business Center, funding has been provided to engage business advisors to work with socially and economically disadvantaged women business owners who have been impacted by COVID-19.  


About the Women Business Center 

The Women’s Business Centers (WBC) program has grown and evolved to provide a variety of services to many entrepreneurs ranging from those interested in starting businesses to those looking to expand an existing business.

The U.S. Small Business Administration (SBA), through the Office of Women’s Business Ownership (OWBO), is responsible for the general management and oversight of the WBC program. The SBA issues an annual cooperative agreement to recipient organizations for the delivery of assistance to individuals and small businesses. The WBC program acts as a catalyst for providing in-depth, substantive, outcome-oriented business services, including training, counseling, and technical assistance, to women entrepreneurs and both nascent and established businesses, a representative number of whom are socially and economically disadvantaged. By providing training and counseling on a wide variety of topics through WBCs, the SBA meets the needs of the individual client in the local marketplace. 


SBA’s participation is not an endorsement of the views, opinions, products or services of any cosponsor or other person or entity. All SBA programs or cosponsored programs are extended to the public on a nondiscriminatory basis. Reasonable arrangements for persons with disabilities will be made, if requested at least 2 weeks in advance. Contact Yvette Racks at 443.885.3663. Grants #SBAHQ20W0001 and SBAHQ20C0172

Miles & Stockbridge Black Business and Startup Initiative (https://www.mslaw.com/black-business-start-up-initiative)

  • Miles & Stockbridge is offering a new initiative that will provide pro bono legal support to Black owned businesses in a range of areas, including review of corporate and other organization documents, review of commercial contracts, review of leases and lease negotiation support, assistance with web site policies, assistance with legal issues relating to loans and other financing.  
  • To qualify for assistance, businesses must meet the following criteria:
    • 50% of business owners are Black entrepreneurs
    • Fewer than 10 employees
    • Under $500,000 in annual revenue
    • Been in business for less than 5 years
  • To request assistance, businesses should email MilesBBI@mslaw.com to request an intake. And for more info visit:
    https://www.mslaw.com/black-business-start-up-initiative

Baltimore City Procurement Database- Interested in doing business in Baltimore? Click here to learn how you can be a city contractor. 


Anne Arundel County Procurement Database- Anne Arundel County has their new contractor database up and running. This database will be a resource to all the agencies when looking for small businesses for procurement opportunities. The Anne Arundel County eProcurement system will be known as P.O.R.T. (Procurement Operations Resource Technology). Click here to learn more. 


State of Maryland Procurement Database- EMMA is the new E Maryland Marketplace Advantage website for procurement opportunities. You can see contract opportunities and contact instructions to help you get connected to the right people. Click here to learn more


MDOT Certification- Ever consider doing business with the State of Maryland? If you have plans to grow, the certification process could open up new opportunities for new revenue. Click here to learn more.


Baltimore Demographics- Ever wonder where to find info on demographics in Baltimore? Click here to see this summary by the Census Bureau.


Maryland Wealth- Interested in seeing stats on Maryland's wealth and its tax revenue for each city and county? Click here to view the report from the Department of Legislative Services Office of Policy Analysis.


Connect with City Leadership- Want to attend a Board of Estimates meeting or Baltimore City Council meeting to hear from our elected officials? Check out the schedule at: http://www.baltimorecitycouncil.com/complete-calendar


U.S. Economy- Interested in how the U.S. economy is doing? Here is the most current information from the U.S. Bureau of Economic Analysis: https://www.bea.gov/news/glance

LOANS AND GRANTS


Department of Treasury

Read more about the current process for qualifying for loans and grants from the Federal programs.


KIVA Loans 

KIVA has funding options for businesses. Click here to learn more. 


Short term commercial loans not based on credit...

If you have submitted an invoice for services and you are waiting to be paid, or if you have a purchase order to fill, but need funding to get started, learn more about WHC’s programs that can help.

 

JOBS


Jobs at the Small Business Administration 

The SBA has a variety of temporary jobs to assist with the COVID-19 response. Click here to learn more.  


Jobs in Baltimore

The Mayor’s Office of Employment Development has compiled job openings in the area. Click here to learn more.


Department of Labor

The Department of Labor has compiled some job opportunities. Click here to learn more. 


April 2020

The Business Break

Your small business matters

We understand there’s a lot facing your business during this challenging time. That’s why The Business Break offers tips on things that can help you stay in contact with your clients and keep moving your business forward. Scroll down to review our helpful resources:

Tech: There’s a lot to choose from when it comes to business technology – what’s right for you?
Social media: 10 tips on using social media to help promote your business.
Coronavirus: Learn about actions you can take to manage risk and sustain your business through the crisis.
Tech

Tools for managing your small business

From technology that helps protect vital business systems to tools that automate processes so you’re more efficient – it’s about finding the right fit for you. Get started now with this quick article.

Don’t miss these insights
Payroll - Business Break

10 tips on using social media to help promote your business

Right now, you still have to be able to conduct business without face-to-face interactions. When it comes to social media, it’s more important than ever to have a plan in place and make it work.

Learn more now
 

Starting a new business? Looking to grow?
We can get you on the right path. Check out our Learning & Insights resource center!

Read here: https://bmorenews.com/2020/03/11/the-glover-report-carl-stokes-stands-for-black-businesses-in-baltimore/

January 2020

The Business Break

Your small business matters

Hello The Greater Baltimore Black,

This month, The Business Break is looking out for your business with tips on everything from avoiding some common pitfalls to low-cost promotional efforts:

Payroll: We want to help you avoid common payroll mistakes
Finances: Save yourself the headache and keep your business and personal finances separate
Promotions: Check out these suggestions on how to grow your business inexpensively

Scroll down to see what’s most relevant to you:

Payroll pitfalls

6 tips to avoid common payroll mistakes

You got into business because you enjoy what you do, not to do paperwork! But with a little prep and attention, you can avoid time-consuming (and possibly costly) payroll errors.

Don’t miss this list
Finances – Business insights

Keeping business and personal finances separate

There are a lot of advantages to being a small business owner. So, make sure you can take advantage of them by separating out your business finances.

Review insights

Promotions - Promotional efforts

Inexpensive ways to build a small business

You can do a lot to promote your business without spending a ton of money to get it done. We’ve compiled 8 great ideas for you so you can get out there without breaking the budget.

Get ideas now
 

Starting a new business? Looking to grow?
We can get you on the right path. Check out our Learning & Insights resource center!

Maryland Sick and Safe Leave Information
-by Janice Walker-Emeogo

The law states that leave accrues at the rate of one hour for every thirty hours that an employee works. An employee is not entitled to accrue sick and safe leave during (1) a 2 week pay period in which the employee worked fewer than 24 total hours; (2) a 1 week pay period if the employee worked fewer than a combined total of 24 hours in the current and immediately preceding pay period; or (3) a pay period in which the employee is paid twice per month and worked fewer than 26 hours in the pay period. The leave hours provided for under the law are the minimum number of hours an employee is entitled to earn and accrue. An employer may provide more leave for its employees.

The Opportunity Zone program is a nationwide initia​tive ​administered by the U.S. Treasury created under the 2017 Tax Cuts and Job​s Act. The program provides federal tax incentives for investment in distressed communities over the next 10 years. Areas designated as Opportunity Zones will be able to reap the benefits of capital gains to help redevelop underserved communities.

Visit the website here
to learn more: 
https://dhcd.maryland.gov/Pages/OpportunityZones.aspx



The GBBCC Business Development Committee is following the progress of this initiative to ensure black-owned businesses are engaged in this economic development initiative.  Please review the information below, and if you have any questions about opportunities in any of the Greater Baltimore Regions (Baltimore City, Baltimore, Anne Arundel, Howard and Harford Counties), please send your questions to:  gbbchamber@gmail.com

The Opportunity Zone program is a nationwide initiative created under the 2017 Tax Cuts and Jobs Act and administered by the U.S. Department of Treasury. The program provides federal tax incentives for investment in distressed communities over the next 10 years. Areas designated as Opportunity Zones will be able to reap the benefits of capital gains to help redevelop underserved communities.

Of the 149 Census Tracts in Maryland designated as Opportunity Zones by the U.S. Treasury, 42 are in Baltimore City. For a list of Census Tracts in Baltimore City designated as Opportunity Zones, please click here. For a map of Opportunity Zones in Baltimore City, please click here.

For a map of all 149 Opportunity Zones, please visit http://dhcd.maryland.gov/Pages/OpportunityZones.aspx.

For more information about Opportunity Zones, please visit Economic Innovation Group or the U.S. Treasury at https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx.


Water Reclamation Feasibility Study

Weller Development Company, LLC (“Developer”) is seeking qualifications from consultants and engineers who have significant expertise in water reclamation facilities (“Respondent”).
VIEW OPPORTUNITIES
Copyright © 2018 Weller Development Company, All rights reserved. 

Greater Baltimore Black Chamber of Commerce is a 501(c) 4 non-profit organization. 1325 Bedford Avenue, Suite 5941; Pikesville, MD 21282

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