Here’s how BRACE can help your business:

You’ll learn about and get connected to the spectrum of rapid recovery resources from federal, state and local governments as well as nonprofit organizations and financial institutions as they become available.

Your professional network will expand through your relationship with your BRACE Ambassador, who will help reveal and address any barriers to success, share best practices and help you build relationships with other small businesses.

You’ll receive exclusive access to webinars and programming designed to improve business resiliency by focusing on new tech and tactics, agile leadership training, financial services, talent recruitment and retention.

Get started with BRACE today.

1. Fill out a BRACE form with information on your small- or medium-size business.

2. Once your form is submitted, a BRACE “Ambassador” will reach out to you directly.

3. Your BRACE Ambassador is trained to triage your needs, walk you through available support options and connect your business with the right experts through referrals.

View BRACE FAQs

Recovery Resources

Paycheck Protection Program (PPP)

LATEST UPDATE: PPP-eligible businesses have until March 31, 2021 to apply for and receive support. 

President Joe Biden announced changes to the PPP designed to make the program more accessible to underserved small businesses. Changes include:

1. Allow sole proprietors, independent contractors, and self-employed individuals to receive more financial support by revising the PPP’s funding formula for these categories of applicants
2. Eliminate an exclusionary restriction on PPP access for small business owners with prior non-fraud felony convictions, consistent with a bipartisan congressional proposal
3. Eliminate PPP access restrictions on small business owners who have struggled to make student loan payments by eliminating student loan debt delinquency as a disqualifier to participating in the PPP
4. Ensure access for non-citizen small business owners who are lawful U.S. residents by clarifying that they may use Individual Taxpayer Identification Number (ITIN) to apply for the PPP

The PPP provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Currently, the Small Business Administration (SBA) is offering First Draw PPP Loans and Second Draw PPP Loans.

The SBA recommends working with your current bank to find and apply for the most applicable loan programs for your business. If your existing bank is not offering loans, consider the resources below.

Economic Injury Disaster Loan (EIDL)

A loan designed to provide economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue due to the Coronavirus (COVID-19) crisis.
LEARN MORE

Shuttered Venue Operators Grant

The program includes $15 billion in grants to eligible venues affected by the COVID pandemic.

Eligible entities include:
Live venue operators or promoters
Theatrical producers
Live performing arts organization operators
Relevant museum operators, zoos and aquariums who meet specific criteria
Motion picture theater operators
Talent representatives, and
Each business entity owned by an eligible entity that also meets the eligibility requirements
LEARN MORE

Small Business Administration (SBA) Debt Relief

The SBA is providing a financial reprieve to small businesses during the Coronavirus (COVID-19) crisis.
LEARN MORE

Other Recovery Resources