Economic Resiliency Grant Training

N D D E PA R T M E N T O F C O M M E R C E S P E C I A L B U S I N E S S B R I E F I N G

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M i c h e l l e K o m m e r , N D C o m m e r c e C o m m i s s i o n e r

J u l y 3 0 , 2 0 2 0

A r i k S p e n c e r , P r e s i d e n t & C E O

G r e a t e r N D C h a m b e r

ASK QUESTIONS

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AGENDA

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M i c h e l l e K o m m e r , N D C o m m e r c e C o m m i s s i o n e r

− ERG Overview

− Application

− Post-Award Obligations

− Q&A

− Next Steps

− Closing Remarks

D I S C L A I M E R

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Information provided today is subject to modification.

7/30/2020

F O L LO W U SFACEBOOK / TWITTER: @CommerceND

LINKEDIN: Dept. of Commerce

INSTAGRAM:@commercenorthdakota

NEWSLETTERS: https://commerce.nd.gov/news/SignUpNewsReleases/

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ERG

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E R G

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Private companies operating in North Dakota are eligible to receive funding for costs associated with improvements to their businesses for the purpose of reducing the spread of infection, and instilling consumer confidence in the marketplace.

E R G A P P L I C A N T E L I G I B I L I T Y

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Private companies operating in North Dakota are eligible to receive funding for costs associated with improvements to their businesses for the purpose of reducing the spread of COVID-19 to instill consumerconfidence in the marketplace.

E R G A P P L I C A N T I N E L I G I B I L I T Y

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− Businesses with no live customer interaction (not including manufacturers)*

− At-home businesses*− Governmental, Regulatory, and Public

Administrative Entities*− Lobbying organizations*

E R G E L I G I B L E E X P E N S E S

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“Direct investment to reduce the spread of infection.”

E L I G I B I L E E X P E N S E S –C O M M O N Q U E S T I O N S

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− Backordered items− Air quality systems

I N E L I G I B I L I T Y – P L E A S E N OT E !

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− SALES TAX− Remote work

I N E L I G I B I L I T Y – P L E A S E N OT E !

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− SALES TAX is not an eligible expense

A P P L I C AT I O N P R O C E S S

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− First come, first served

− Application is online

− Thorough documentation is required

− Other advice

APPLICATION TUTORIAL

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P O S T - AWA R D O B L I G AT I O N S & O P P O R T U N I T I E S

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− Use funds as proposed within 45 days− Submit documentation to support

expenditures (or return funds)− ND Smart Restart webpage “badge” and

materials− Self-certification of compliance with ND

Smart Restart Protocol (in development)

WA R N I N G S

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− TELL THE TRUTH

− BE THOROUGH

− PREPARE FOR POST-AWARD AUDITS

− BE CYBER-SAFE

Q&A

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P P P

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− Deadline extended to August 8th

− PPP loan is available through your local lender

R E S O U R C E S

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− CDC, McKinsey & Company− FAQ at ndresponse.gov − Department of Commerce website, social media and

newsletters− Small Business Development Centers− BusinessHelpCOVID19@nd.gov

NEXT STEPS

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CLOSING REMARKS

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A r i k S p e n c e r , P r e s i d e n t & C E O G r e a t e r N D C h a m b e r