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As COVID-19 continues to impact startup businesses globally, we have decided to change the topic of our April 3 Venture Law Meetup Webinar to discuss Small Business Administration (SBA) loans under the America CARES Act. We will revisit the non-disclosure agreements topic in a future VLM session.
As background, March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 after the Act received overwhelming bipartisan support from both the US Senate and the US House of Representatives. As part of an overall package expected to cost more than US$2 trillion, the CARES Act provides more than US$360 billion in immediate loan assistance for small businesses, including (a) an expanded Economic Injury Disaster Loan (EIDL) program and (b) the Paycheck Protection Program (PPP), administered under the SBA’s 7(a) program.
Join Leah Brownlee, Danielle Asaad and Joe Yonadi to discuss this legislation’s potential impact on your business and the key details behind the key provisions now enacted.
Please see our recent thought leadership pieces on this topic as background information for the session:
- Securing CARES Act Stimulus Assistance for Small Businesses
- Many Venture-backed Start-ups May Be Precluded From Small Business Relief Under the CARES Act
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We would like to thank our event co-sponsors: BioEnterprise, BioOhio, Case Western Reserve University, Cleveland Clinic Innovations, Cleveland Health-Tech Corridor, Cleveland State University, CWRU LaunchNET, Flashstarts, Good Marketing, Inc., Greater Cleveland Chinese Chamber of Commerce, Marcum LLP, Merrill Datasite, OhioX, Plug and Play Cleveland and StartInCLE.