Middle Bit: Facebook announces $100 million program to help small businesses impacted by COVID-19

Facebook announced last week that it’s creating grant program for small businesses and is offering $100 million in grants to 30,000 companies in over 30 countries.

Sheryl Sandberg, chief operating officer of Facebook, announced last week that the social media giant wants to “do our part” to help with the “enormous challenge in front of us.”

Applications will be available soon and additional details will be forthcoming. People can sign up for update alerts.

Greater Des Moines Partnership releases COVID-19 survey results

The Greater Des Moines Partnership has released the results of a feedback survey from local businesses and community members to determine how they are being affected by the coronavirus pandemic, how they are addressing the situation and what The Partnership can do to help.

In total, just over 600 businesses responded to the survey. 62% of businesses said they were changing the way they operated during the pandemic. 47% of business said they were beginning to restrict spending because of uncertainty.

“Our region is continuing to react to the evolving challenges associated with COVID-19, and so many businesses and organizations are pivoting quickly to come up with innovative solutions and offer help to others in the community,” said Jay Byers, CEO of the Greater Des Moines Partnership in an announcement. “Although these survey results underscore the challenges so many in our region face, we are also encouraged by the countless examples of people in our community coming together, supporting each other, supporting local businesses and keeping a positive attitude in the face of uncertainty.”

Click here to see the full survey results

UNI launching Webinar about creative solutions for your business during COVID-19

The University of Northern Iowa’s Center for Business Growth and Innovation (CBGI) program seeks to support the business community during the COVID-19 outbreak by launching a new video series, titled Coping with COVID-19, Creative Solutions for your Business.

Topics will include resources available, workforce issues such as managing a virtual staff, unemployment law changes, flexibility and productivity, finance and strategy, marketing, mental health and more.

This series will be available live through the Advance Iowa and Center for Business Growth and Innovation Facebook pages twice a day; 10am and again at 2pm. Each live stream will contain different information that will adapt to the rapidly changing environment.

Videos will be archived and available online.