View All News Items

    Wolf Administration: CARES Act Funding for Small Businesses Available Tomorrow

    6/29/2020
    “In unprecedented times, like those we are currently facing, collaboration is imperative to getting help to those who need it most, as quickly and effectively as possible,” said Gov. Wolf. “This joint effort between my administration, the legislature, and The Pennsylvania CDFI Network will provide critical assistance to Pennsylvania’s small businesses, putting them on better financial footing as they begin to reopen.”

    The COVID-19 Relief Statewide Small Business Assistance program, announced earlier this month, will provide $225 million in grants ranging from $5,000 to $50,000 to eligible businesses through Coronavirus Aid, Relief, and Economic Security (CARES) Act funding.

    Beginning tomorrow, June 30, eligible businesses may begin applying for the COVID-19 Relief Statewide Small Business Assistance program here.
    The first application window will remain open for ten days. Applications will continue to be accepted after 10 business days but will be considered for future rounds of funding, as this is not a first-come, first-served program. Applications will be prioritized and selected for funding based on the program criteria.

    The Department of Community and Economic Development (DCED) will distribute the funds to the Community Development Financial Institutions (CDFIs), which will then administer the funding in the form of grants.
    Today, DCED Secretary Dennis Davin joined state Senate Democratic Leader Jay Costa, Senator Vincent Hughes, Senator John Blake, Representative Jordan Harris, Mark Masterson of Northside Community Development Fund, Leslie Benoliel of Entrepreneur Works, Jim Burnett of West Philadelphia Financial Services, and Dan Betancourt from the Community First Fund at a virtual press conference to announce the opening of the first of four application windows.

    Eligible businesses will be able to use the grants to cover operating expenses during the shutdown and transition to re-opening, and for technical assistance including training and guidance for business owners as they stabilize and relaunch their businesses.

    The funds will be available through three programs:

    1. $100 million for the Main Street Business Revitalization Program for small businesses that experienced loss as a result of the governor’s March 19, 2020 order relating to the closure of all non-life-sustaining businesses and have or will incur costs to adapt to new business operations related to COVID-19;
    2. $100 million for the Historically Disadvantaged Business Revitalization Program for small businesses that experienced loss as a result of the business closure order, have or will incur costs to adapt to new business operations related to COVID-19, and in which socially and economically disadvantaged individuals own at least a 51 percent interest and also control management and daily business operations.
    3. $25 million for the Loan Payment Deferment and Loss Reserve Program, which will allow the CDFIs the opportunity to offer forbearance and payment relief for existing portfolio businesses that are struggling due to the impact of COVID, as well as shore up the financial position of the CDFIs that are experiencing significant increased defaults in their existing loan portfolios.

    This project is financed by a grant from the federal Department of U.S. Treasury, under the administration of the Commonwealth of Pennsylvania and the Pennsylvania CDFI Network. The PA CDFI Network is a group of 17 PA-based community development financial institutions that primarily provide financing options for small businesses.

    More information about the COVID-19 Relief Statewide Small Business Assistance program can be found on DCED’s website.

  • Wed, 15 Jul 2020 09:59:00 -0400

    PSAC cancels all fall sports

    In response to the COVID-19 pandemic, Indiana University of Pennsylvania and other schools in the Pennsylvania State Athletic Conference will suspend their fall sports schedules.
  • Wed, 15 Jul 2020 09:59:00 -0400

    Three hired at county jail

    Three new correctional officers have joined the staff at the Indiana County Jail and two other new employees have been hired to positions on the county payroll.
  • Wed, 15 Jul 2020 09:59:00 -0400

    Planners approve two subdivisions

    The White Township Planning Commission made quick work of two final minor subdivisions Tuesday night.
  • Wed, 15 Jul 2020 09:56:00 -0400

    Candidates sought for advisory council on rights, resources

    The effort is underway to get candidates for an Indiana Advisory Council that will work with the Pennsylvania Human Relations Commission, with support from two regional public officials.
  • Tue, 14 Jul 2020 09:59:00 -0400

    IRMC announces restrictions

    Stating that “the health and safety of our patients, visitors, employees and community remain a top priority,” Indiana Regional Medical Center “temporarily adjusted our visitation policy” effective today.
  • Tue, 14 Jul 2020 09:54:00 -0400

    Hoodlebug Trail work set to begin

    Area hikers and bikers will be asked to steer clear of the Hoodlebug Trail north and south of Homer City over the next three weeks while contractors perform the first major surface improvement project since the trail opened 20 years…
  • Tue, 14 Jul 2020 09:53:00 -0400

    U.S. Census Bureau: 2020 Census takers to contact non-responders

    U.S. Census Bureau officials said Monday that 2020 Census takers will begin visiting households that have not responded online, including Indiana County addresses, by phone or by mail beginning the week of July 20.
  • Tue, 14 Jul 2020 09:49:00 -0400

    ARIN officials talk on school reopenings

    The resurgence of COVID-19 in southwestern Pennsylvania is adding to the headaches facing educators, including those in the various Armstrong and Indiana county districts making up White Township-based ARIN Intermediate Unit 28.
  • Tue, 14 Jul 2020 09:50:00 -0400

    Repairs underway at Blairsville business

    The popular Market Street Pastries bakery in downtown Blairsville remains closed this week while workers repair damage said by its owners to have been caused by the demolition of the G.C. Murphy Building at East Market and South Stewart streets…
  • Mon, 13 Jul 2020 09:59:00 -0400

    IUP sticks with hybrid classes as West Chester goes remote

    West Chester University of Pennsylvania’s decision announced Friday to continue remote learning this fall is not affecting Indiana University of Pennsylvania, at least for now.
  • Fri, 27 Mar 2020 13:00:00 +0000

    The Virtual World of Post-Pandemic America

    “9/11 changed everything,” was a phrase attributed to President George W. Bush after the terrorist attacks on the U.S. in 2001. Commercial air traffic was grounded, no-fly zones around NYC and other major cities were instituted, secu­rity checks began at airports, and federal air marshals became ubiquitous on com­mercial flights. Without the airlines, companies began holding teleconferences. After the travel […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Penn State SBDC Will Now Serve Centre, Clinton, Lycoming and Mifflin Counties

    UNIVERSITY PARK, Pa. – In January, a plan culminated to combine the Lock Ha­ven University Small Business Develop­ment Center with the Penn State Univer­sity Small Business Development Center (SBDC). The new larger organization, Penn State SBDC, will serve Centre, Clin­ton, Lycoming and Mifflin counties. Penn State SBDC will provide sup­port for small businesses at four office locations: a central office, […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    COVID-19: Testing the Limits of Hospitals

    The chief strategy in preventing pan­demics is to test everyone within a country or region who is symptomatic, and if found positive, quarantine them to prevent community spread, which could overwhelm the capacity of local hospitals and health care providers. As of March 18, only 6,563 Americans had been tested for the novel coronavirus. After COVID-19 hit South Korea, the […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    4 Tips on Working From Home During the Coronavirus Outbreak

    (AP) The option to work from home is usually thought of as a perk, some­thing that companies dangle to attract talented workers who dislike the daily commute. But with rising concerns about COVID-19, the respiratory dis­ease caused by the novel coronavirus, more companies are telling employees to telework to prevent possible infec­tions from spreading in the workplace. “Over the last […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Coronavirus and the Impact on Gas and LNG

    (AP) As with all commodities, the impact of the novel coronavirus (2019- nCoV) on Chinese gas demand will de­pend on both the severity and length of time required to contain the outbreak. Estimated gas demand loss in China had reached 2 billion cubic metres (bcm) by the end of the first week in February, with more than half of this […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Monaca Cracker Plant Another Link in Proposed “Petrochemical Corridor”

    The enormous Royal Dutch Shell pet­rochemical complex taking shape along the Ohio River in Monaca, Pa., is a mam­moth undertaking. Sprawled across the 386-acre site in Beaver County are multiple buildings from one-level units to structures several stories high – and construction cranes that reach into the sky. On the ground are 7,500 workers daily – 1,000 on the night […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    There’s a New “Coal” Coming to Appalachia – PLASTICS

    On March 4-6, the Ohio Oil and Gas As­sociation held its 73rd annual meeting in Columbus, Ohio. The event brought togeth­er top state and national industry leaders who discussed important issues facing the Ohio oil and gas industry, including the oversupply of natural gas that caused gas prices to plummet. “We had a great attendance, over 700 people, and in […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Pennsylvania Well Report February 1 – March 27, 2020

  • Fri, 27 Mar 2020 13:00:00 +0000

    Pennsylvania Natural Gas Industry Ready For Electoral Challenges

    (AP) After years of ideologues and elites using the natural gas industry as a punch­ing bag for politics and climate change activ­ism, Nick DeIuliis, the CEO of CNX Resources, one of the largest nat­ural gas producers in Western Pennsylvania, has had enough. He had decided to speak out because he was tired of the natural gas and manufacturing industries being […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Appalachian Pipelines: Reversing the Flow of Natural Gas

    Like bemouth snakes, 30-inch diameter natural gas pipelines are now winding their way underground throughout the Appalachian Basin, resulting in in­creased supplies of natural gas being transported to the Eastern Midwest and eventually into New England and into the South Central region, which includes the Gulf Coast states and Texas. Before the Appalachian shale boom, natural gas supplies to the […]
  • Thu, 16 Jul 2020 12:29:07 +0000

    Pittsburgh seeking applicants for newly created LGBTQIA+ Commission

    The City of Pittsburgh is seeking applicants to serve as commissioners for its newly created LGBTQIA+ Commission as it seeks to have a better representation of the community. Officials adopted the implementation of the commission earlier this week, which was submitted for approval by Mayor William Peduto last month. To be considered for the role, commissioners must live or work within the city. The city is also looking for those who can share experiences in the areas of workforce development and…
  • Thu, 16 Jul 2020 12:15:34 +0000

    Pennsylvania Interscholastic Athletic Association: Fall sports to move forward as scheduled, for now

    The Pennsylvania Interscholastic Athletic Association, the state's governing body for high school sports, said it is moving forward with fall sports as scheduled according to a report from WPXI. That will be the case unless otherwise directed by the state, officials told WPXI, which added that each member school has developed health and safety guidelines to keep athletes safe. Meanwhile, sports at local colleges and universities remain in limbo with some making the decision to ban sports completely…
  • Thu, 16 Jul 2020 12:00:08 +0000

    State links stopping virus now to safely reopening schools later

    "With the urgency around school reopenings, just around the corner, if we do not get the community disease transmission rates down, we're really threatening the most important reopenings we have coming around Labor Day," Rubin said.
  • Thu, 16 Jul 2020 11:53:59 +0000

    Despite pandemic, new Sharpsburg Caribbean restaurant is thriving

    Denise Siddo was supposed to open her new restaurant in April, but the Covid-19 pandemic and the restrictions that followed put an immediate halt on any plans to renovate and open a space for dine-in service. Now, despite the setbacks, Siddo said she is working more than 16 hours a day to keep up with the demand at 2 Sisters 2 Sons, a Caribbean restaurant in Sharpsburg that officially opened on July 6. "It was years in the making putting this restaurant together and making our food," said Siddo,…
  • Thu, 16 Jul 2020 11:49:49 +0000

    Comcast's streaming service Peacock is now live. Here's why it's 'crucial' for the media giant.

    Comcast’s entry into the "streaming wars" fray, through its NBCUniversal division, takes a different approach in an effort to stand out among the pack.
  • Thu, 16 Jul 2020 10:17:10 +0000

    The hunger games: Restaurants are struggling amid rising costs, falling profits and shutdown rules that are constantly in flux

    Pittsburgh restauranteurs are scratching their heads as they try to keep up with the changing government orders from a pandemic that's already making business hard enough
  • Wed, 15 Jul 2020 23:03:16 +0000

    Pittsburgh Technology Council announces CIO of the Year winners

    The Pittsburgh Technology Council and the Pittsburgh CIO Group announced the winners of their annual CIO of the Year Awards, which aim to recognize CIOs for innovation, goals, management and service to the industry.  “Honoring the accomplishments and contributions of these often unsung heroes of business is a priority for the tech council,” PTC President and CEO Audrey Russo said in a prepared statement. “We have extraordinary talent in our region, and the CIO of the Year Awards is the perfect…
  • Wed, 15 Jul 2020 23:02:27 +0000

    How Pa. went from deciding against restrictions to imposing more statewide

    But others were concern about the impact the mitigation efforts would have on businesses already reeling from previous efforts to contain the virus.
  • Wed, 15 Jul 2020 22:48:48 +0000

    State hospitality leader says organization is "disappointed and frustrated" over Wolf administration's latest restaurant restrictions

    State industry leader said "there is no scenario" in which restaurants can survive operating at only 25% occupancy.
  • Wed, 15 Jul 2020 22:11:52 +0000

    American Airlines to send WARN notices to 25,000 employees

    As of 2019, American employed 1,400 workers out of Pittsburgh International Airport.
  • © 2015 Indiana County Center for Economic Operations. All rights reserved. | Site created by Atlas Advertising © Powered by Community Systems
    Site Map