Home Sweet Home

April 13, 2020

#InThisTogether

Updates from Adams Morgan

For the latest from the DC government, refer to: https://coronavirus.dc.gov

Resources for small businesses: https://coronavirus.dc.gov/recovery-business

Click Here to see previous updates in our newsletter archive


April Board Meeting

The next Adams Morgan Partnership BID (AMPBID) Board of Directors' meeting will be Tuesday, April 14 from 5-7:00 PM.

The meeting will take place online via GoToMeeting. If you would like to attend the online meeting, you must RSVP by noon on Tuesday. Once you RSVP, you will be given the meeting link. Click here to RSVP .


In addition to regular board business, we will be discussing the results of our business survey. There will also be discussion of measures being undertaken by the Partnership both externally to help our businesses survive and internally to cut expenses and adapt to our current reality.

As always, the public is invited to participate in the meeting, but non-board members will be muted while board business is being discussed. There will be opportunity for questions and other input.

Due to the board meeting we will not publish a newsletter tomorrow.



AMPBID Digital Assistance During COVID-19

Adams Morgan Partnership BID is offering Website, Digital Marketing, and Social Media Advice for Small Businesses During COVID-19.

We are available to offer digital assistance to our Adams Morgan small businesses during COVID-19. Whether you're a retailer that’s temporarily closed your doors, a restaurant promoting takeout and delivery offerings, or an online business that’s experiencing a spike you weren’t anticipating, we're here to help you identify potential marketing opportunities and assist in “figuring out where to begin.” We may not have all the answers, but we’re committed to providing you with relevant and timely resources that you’ll need as you navigate through the uncertainty ahead.

If you are in need of digital marketing tips, social media setup/strategy, or website advice, we’re here to help and please don't hesitate to reach out (virtually) to bbarrie@admodc.org to set up a time to speak with us so that we can brainstorm together.

In the meantime, here are a few steps that you can take today:

  • If you don't have a website, consider building an e-commerce/shoppable landing page where customers can buy your products online. You can also use it to sell gift cards that people can buy now for future use.
  • Landing pages can also be a great way to collect contact information from your audience. Create a page with a signup form, share the link across your social channels, and then start sending regular updates to keep potential customers informed about everything going on with you and your business.
  • Consider setting up Facebook, Twitter, and Instagram channels to share relevant, timely information with your audience.
  • If you’ve got a product that’s been particularly popular, consider setting up social media ads on Facebook and/or Instagram to boost awareness among new and existing customers.
  • Instagram stories can be an interactive way to connect with your audience. Try posting a few to show off your products, discuss your plans for the coming months, etc.
  • Let us know what you are doing so we can help you get the word out!

If you find that these (or any other content opportunities you’ve discovered) resonate with your audience, consider adding them to your long-term marketing plans. Any strategies you put into place now will only make your business stronger on the other side.

Please feel free to reach out to us and we will do our best to walk you through some suggestions and provide you with potential resources. We are here to help the best we can!


Coping with COVID-19: Financial Tools and Resources to Help Small Businesses and Non-Profits Survive

Join Lender Relations Specialist Rod Johnson of the U.S. Small Business Administration (SBA), as he and DC SCORE conduct a webinar to discuss the financial tools and resources now available to help small businesses and non-profits navigate today's unprecedented economic challenges. Get immediate answers to questions like these:

Which SBA programs are available to me? What is the difference between an Economic Injury Disaster Loan (EIDL) and a Paycheck Protection Program (PPP) loan? Should I apply for both? What portion of these loans can be forgiven? What are my options if I'm a sole proprietor or an independent contractor? How do I apply?

What: "Coping with COVID-19" Financial Resources Webinar for Small Businesses & Non-profits

When: Wednesday, April 15, from 11:00 am to 12:00 pm (EDT)

Where: Live webinar via Zoom

How : Capacity is limited. To register, please click on the link below.

Click for more info and to Register


Local banks accepting new customers for the SBA loans

From the Washington Business Journal :

...there are local banks accepting new customers, including:

  • United Bankshares Inc . (NASDAQ: UBSI), the parent company of United Bank. The regional bank, headquartered locally in McLean, has assets near $20 billion and about 138 branches across Virginia, West Virginia, Maryland, North Carolina, South Carolina, Ohio, Pennsylvania and D.C.
  • Southern National Bancorp of Virginia Inc . (NASDAQ: SONA), the parent company of McLean-based Sonabank. Dennis Zember, the bank's new CEO, said it was receiving inquires about SBA programs from several states away. The bank recently transitioned to new leadership amid an executive reshuffle, and the planned departure of its founders.
  • Old Dominion National Bank , a Vienna-based bank that recently absorbed new-bank effort VisionBank's founders and raised a new round of funding, said it was accepting new PPP customers alongside a new deposit relationship.
  • Chain Bridge Bank in McLean also confirmed it was servicing existing clients and taking on new ones for PPP loans.
  • Rockville-based Capital Bank said it was flooded with applications in part because it was accepting new customers. The bank has to be more deliberate with new customers as it does its own due diligence, said CEO Ed Barry
  • Fairfax's MainStreet Bancshares Inc . (NASDAQ: MNSB), the parent company of MainStreet Bank, is accepting new customers and has processed about 500 of its businesses so far. CEO Jeff Dick said small businesses need to move their deposits to the bank in order to apply and get their PPP loans processed.
  • Great Falls' Trustar Bank , which first opened its doors in July 2019 to make it the first need bank in the region in more than a decade, is also accepting new customers.


OTR Tax Notice 2020-03: COVID-19 Emergency Income and Franchise Tax Extension

The District of Columbia has extended the deadline to file and pay all income, partnership and franchise tax returns until July 15, 2020. This extension applies to all D-20, D-30, D-40, D-41, D-40B, and D-65 tax filers, and includes combined return filers. This extension is automatic and does not require taxpayers to apply.


Taxpayers may continue to request an extension to file their income, partnership and franchise tax returns to October 15, 2020.  All such extension requests must be made by filing the applicable extension form with OTR by July 15, 2020 and making all required payments for tax year 2019 by July 15, 2020.


The deadlines to file Forms D-20ES, D-30ES, D-40ES and D-41ES and to make estimated tax payments remains unchanged. The first quarter payments are due April 15, 2020, and the second quarter payments are due June 15, 2020.


For additional information, please contact OTR’s Customer Service Center at e-services.otr@dc.gov or (202) 759-1946.


What You Need to Know – Business Licensing Updates from DCRA

Join DCRA's Business Licensing Virtual Meeting

Wednesday, April 15, 2020, from 10:30 am – 11:30 am via WebEx.

Given the unprecedented nature of the current coronavirus (COVID-19) public health emergency, DCRA wants to schedule a virtual meeting to provide you with the latest updates and answer any questions you may have.

Call Agenda

1. Introductory Remarks

2. Corporations

  • Deadline extensions for bi-annual reports, filings, trade name renewals
  • Adjustments to in-person and mail filings
  • Obtaining filing evidence

3. Business and Professional Licensing

  • Deadline extensions for expiring licenses
  • Increase in online services to achieve paperless process – add ability to get certifications, duplicates, edits on license
  • Late fees

4. Professional Licensing Education Requirements

  • Waiving CE requirements for engineers, land surveyors, and cosmetologists
  • Potential online occupational education courses
  • Board meetings held online with public call in option

5. What Businesses are Allowed to be Open in the District

  • Essential and non-essential businesses
  • Businesses that are required to submit plans before they’re allowed to open

6. Enhanced Online Security

  • Access DC – what it is and how it provides enhanced security

7. How to Virtually Connect with DCRA

8. Q & A

To join from your computer or smartphone/tablet

Click here to join .

Once you are placed in the web meeting room, you can join the audio by:

  • Requesting the system call you at the number specified in the Audio Conference window.
  • Dialing the call-in number on the Meeting Info tab and following the audible prompts.
  • *Please remember to mute your microphone.


Not able to join online? You can still join by phone

  • Call: 1(650)479-3208
  • Enter meeting number (access code): 476 036 075
  • *Please remember to mute your line.


DMPED Recovery Team

DC Economic Recovery Team (DERT) is working proactively to plan and coordinate how we will restart business activity, support our workforce, and ensure that all of our residents can continue to call Washington D.C. home. We are all in this together – and we will work collaboratively to get through it together. To that end, we invite the input of all stakeholders as we consider new programs and strategies to implement over the short-, intermediate- and long-term to support the recovery of DC’s economy . Learn more here .



Webinar: Small Business Resiliency

Join Streetsense Managing Partner Heather Arnold, Executive Director Tom Frank, and Director of Destination Activations + Marketing Josh Collins on Wednesday, April 15th at 2 PM EST for an insightful, tactical discussion of what small businesses can do today to stay afloat during this uncertain time and to prepare for relaunch.

This webinar will focus specifically on Main Streets, BIDs, Destination Marketing Organizations (DMOs), and university real estate teams. We'll be detailing crucial tactics and actionable next steps — click here to register !


"Buy Restaurant Bonds" campaign encourages customers to support restaurants by gift card purchases

The Adams Morgan Partnership is trying to help restaurants and bars that have forced to close or severely limit their services by encouraging customers to purchase gift cards for future dining. We are trying to make a splash with this campaign -- modeled after the Buy War Bonds campaigns of WWI and WWII -- to help draw attention to our 100+ restaurants and employees that are facing an uncertain future. Please join in via your own social media accounts using the hashtag #BuyRestaurantBonds

Please tag us in your social media posts about the operating status of your business so we can pass the information along.



POST YOUR EVENT ON OUR WEBSITE FOR FREE

If your business has an upcoming event happening in Adams Morgan, you can submit it to our website here . Submissions are moderated to ensure they are relevant to the Adams Morgan community.

SPONSORSHIP OPPORTUNITIES

Sponsor one of our community events! Partner with our community while reaching some of the city's most desirable demographics. For details, contact Kristen Barden at 202-997-0783.

Tag us on social media!

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