Resources for Business Recovery from COVID-19
Octane is dedicated to helping small businesses recover from the COVID-19 Crisis.
Resources for Businesses Navigating the Coronavirus Crisis
With the help of our partners, Octane has compiled a list of helpful resources on how to move your business forward in the midst of the pandemic. From legal to wellness resources and more, we think that Orange County can emerge from this crisis with community support.
We have also started a Virtual Food Drive with Second Harvest Food Bank Orange County. Help us raise $50,000 to help struggling families in Orange County get enough to eat. Every $1 provides 3 meals!
Important Update: SBA Now Accepting PPP Applications
As of April 27 at 10:30 am ET, the SBA has reopened applications to the Paycheck Protection Program. Read FAQs here and access the SBA website for more information and applications here. However, the SBA is unable to accept new applications for the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding. Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
Rapid Recovery Resources*
Quick Links & FAQ
Paycheck Protection Program Loans FAQ
With new funding available, the SBA will reopen loan applications. The PPP Applications open again Monday, April 27 at 10:30 am ET. Read the FAQ’s here.
NY Times Guide to Relief for Small Businesses & Freelances
The New York Times has published a consistently updated guide to applying for relief, loans and more.
Save Small Business Fund
The U.S. Chamber of Commerce will open its Save Small Business Fund to applicants today, Monday, April 20. These funds will be available in the form of grant money to businesses that have between 3-20 employees, are located in an economically vulnerable community (zip code lookup), and have been harmed financially by the COVID-19 pandemic.
Apply, check eligibility, and view FAQs on the Save Small Business Fund website.
Orange County Business Council (OCBC) Resource Page
The OCBC has also compiled a list of helpful links and resources to help you navigate the healthcare crisis.
Government Assistance (CARES Act & More)
Small Business Administration (SBA)
A guide to the SBA Payment Protection Program (PPP) with the application. Applications for the Payment Protection Program reopen Monday, April 27, at 10:30 am ET.
Federal Reserve to Provide $2.3 Trillion in Loans
In order to support the U.S. ecobomy through the Coronavirus Crisis, the Federal Reserve is providing trillions in loans.
U.S. Treasury Assistance for Small Business
Information provided by the Treasury about applying for assistance through the SBA. View their fact sheet here.
Loan Forgiveness Calculation & Rules for Applying for More Funding
New documents recently put out by the government in regards to federal business loans. See rules on applying for more funding here.
JP Morgan Chase PPP Application
If you are an existing customer of JP Morgan Chase, you may apply for the PPP using their step by step process. You can also view their Business-Owner’s Dashboard for Navigating the COVID-19 Crisis here and their a Small Business Owners CARES Act FAQ here.
Charles Black, Managing Director
Goldman Sachs Small Business Resources
Goldman Sachs is committed to ensuring the interests of small businesses in the United States. They are committed to delivering $550 million across two separate initiatives to help small businesses and communities. You can view their CARES Act FAQs for Small Businesses resource here.
Ashlie Woods, Vice President, Investment Management Division
Knobbe Martens IP Update
Knobbe Martens attorneys are experienced in protecting intellectual property in challenging environments where financial and other resources are constrained. We can help clients prioritize efforts to protect intellectual property so that as the COVID-19 crisis develops and eventually has been overcome our clients can maintain a strategic advantage. Some strategies for proceeding in such environments are set forth here. For more information and patent office notices related to COVID-19, click here.
Fragomen Coronavirus Immigration Update
Fragomen has issued a country by country guide on immigration measures taken to control the spread of the pandemic.
(Please note that their guide does not constitute legal advice, you can view their full disclaimer in their guide)
Mitchell L. Wexler, Partner, Fragomen
Home & Wellness
AccessElite is Offering Wellness Resources at No Cost for April
AccessElite is offering AccessElite Anywhere, a new mobile app that allows you to schedule virtual doctor’s appointments, get mobile prescription delivery and access virtual wellness sessions and content covering fitness, emotional and financial wellbeing (Access classes here.) This will be offered at no cost for the month of April. View more info about the service here and inquire about registering your company here.
Jenna Mons Anderson, CEO
Octane Tips for Working from Home
In response to the Coronavirus Crisis, Octane has shifted to a remote workforce. Read our tips on how to stay productive and connected while working from home.
Grocery Deliveries with MyShoperoo
Avoid crowded grocery stores with weekly deliveries from My Shoperoo, a LaunchPad Alumni Company. The service is minimizing contact and supporting local small businesses.
Employee Assistance Programs with Insperity
Insperity offers an Employee Assistance Program (EAP) – an Employer Sponsored Benefit that provides support and confidential counseling at no cost the employees.
Natalie Harney, CBPA, Certified Business Performance Advisor
Broadcom Foundation Resources for Home Learning
The Broadcom Foundation has compiled a list of resources focusing on STEM for home learning.
Workforce Management (HR, Payroll & Benefits)
Insperity’s Human Resources & Business Solutions
Insperity’s HR service teams are supporting Insperity clients and prospects to manage the current environment in a way that allows them to get back on track as soon as possible. They are providing human resources and business solutions designed to help improve business performance including payroll and human capital management.
Natalie Harney, CBPA, Certified Business Performance Advisor
Accounting, Finance & Business Advisory
RSM Coronavirus Resource Center
Octane Partner RSM has created a dashboard that functions as a resource center for responding to Coronavirus. They are also offering a webcast on topics related to the coronavirus and its economic and business impacts as well as how businesses can prepare for the future and how to mitigate risk. You can also access their CARES Act fact sheet here.
Mike Gillis, Consulting Principal
Access to Credit Reports for Businesses with Experian
Experian is offering all American-owned small businesses free access to their Experian business credit report through May 15, 2020, to help small business owners impacted by the COVID-19 pandemic. Additionally, to further help small businesses gain access to the capital they need, Experian launched its free COVID-19 U.S. Business Risk Index to assist lenders and government organizations in understanding how to make lending options available to the business segments that need it the most.
Gerry Tschopp, Senior Vice President, Head of Global External Communications, Chief Communications Officer, North America
Managed IT & Digital Office Technology
Ensure Remote Connection with LDI
LDI offers Managed IT abilities to shore up infrastructure and provide all of the necessary technology, Pro AV and Videoconferencing for communication and collaboration as well as Administration and Financial Operations support to create customized, affordable solutions to businesses that need to renegotiate lease expirations or begin new leases on deferred payment plans.
Brian Gertler, Partner | SVP
Knowing Your Leasing Rights with Savills
As we get closer to the time to move back to the office, Savills has prepared a helpful document on how to prepare your office for the adjustments that will need to be made. Read Getting Back to the office here.
Jeff Manley, Senior Managing Director
Coronavirus Resources & Real Estate Implications with JLL
Octane’s partner JLL has released a study on the implications of COVID-19 on real estate as well as a list of planning resources for businesses. JLL also has provided more information on specific topics including economic risk and insights, the global real estate market, the CARES Act and supply chain risk.
Jason Lantgen, Executive Vice President
Reduce Costs with HBR Consulting
HBR Consulting offers thought leadership and advisory expertise dedicated to optimizing profitability and productivity for corporations, corporate legal departments and law firms. Primary focus in current environment includes strategic sourcing of indirect spend to accelerate savings + improve working capital. HBR can help to accelerate savings visibility and implementation and optimize operating income and cash flow. Learn more here.
Jerry Wilkinson, Senior Director / Client Engagement
Regulatory Process & Clinical Trials
Remote Monitoring & Virtual Clinical Trials with Syneos Health
At Syneos Health we have the ability to carry out remote monitoring of existing studies and design and carry out virtual clinical trials; we have enhanced those capabilities in light of COVID-19 (see our COVID-19 Resource Center). We can provide multiple solutions to supplement your teams as you implement rapid recovery both clinically and commercially. Have questions about addressing any regulatory issues now or as you resume normal operations? View our services here.
Stacey V. Stein, Director, Business Development, MD&D
Capital & Investment Banking
Execute Your Business with Boustead & Company Limited
Boustead & Company Limited and affiliates are committed to helping our clients achieve appropriate capital structure solutions that provide adequate liquidity and financial flexibility. Our experienced liquidity experts are here to help you plan and execute your business during and beyond the COVID-19 pandemic. Our senior investment banking team can help you engage your stakeholders as active participants in the planning and re-organizing process. Additionally, read here on filing gift taxes.
Free Data Training with Alteryx for Good
Alteryx announced the launch of a new program called Advancing Data and Analytics Potential Together (ADAPT). ADAPT is the newest pillar of the company’s corporate social responsibility initiative, Alteryx For Good, and will offer free data training to thousands of workers globally who have found themselves unemployed due to the COVID-19 pandemic in 2020. Every graduate will be certified in the fundamentals of data analytics through Alteryx Core Certification and will be given the opportunity to advance to Udacity Nanodegree program in predictive analytics. See what Alteryx CEO & Founder says about Alteryx for Good here.
Talent Acquisition, Management & Leadership Coaching
RampUp Offers Talent Support
RampUp’s expert concierge service teams are available to support employers that are growing or experiencing layoffs while helping to navigate the uncertainty of the current employment market.
Morgan O’Malley, Co-Founder
BioQuest, A Diversified Executive Search Company
BioQuest is at the forefront of identifying and placing top Executive Leadership in the Life Science industry for more than 30 years. We are here to assist both companies seeking true leaders that make a difference as well as individuals pursuing new opportunities. We work exclusively on senior-level assignments including Director, VP, and C-level positions in all functional areas.
Dave Mildrew, Managing Director
Leadership Coaching with Growth Accelerators
Growth Accelerator’s founder Jack Finnell is offering his Leadership & Management Excellence development course 1:1 to any local organization pro bono.
Jack Finnell, Founder
R&D and Manufacturing Resources
Recover & Grow with CMTC
CMTC is the Manufacturing Extension Partnership Center in California, with a mission to support and grow manufacturing. CMTC is partnering with the State of California to provide no-cost assessments to R&D and Manufacturing businesses impacted by the COVID-19 pandemic.
Once the assessment is completed, recommendations and information will be provided to help the business plan to recover their Operations and to sustain continued growth into the future. Support is available in the following areas: Business Continuity and Workforce Planning; Safely Restarting the Plant; PPE; Social Distancing In the Plant; Market Diversification; Near-Sourcing; Supplier Scouting; Risk Management; and much more. You can also view their resources page here.
Shanon Summerour, Account Development
*We hope you find the general information provided here to be useful. Please note that this is an effort by Octane to share information during a crisis. It should not be construed as any kind of individualised business or professional advice. You should consult your own legal, financial and other professionals for any specific issues related to your company.
Volunteer & Community Opportunities
Give Back to the Community and Provide Food and Supplies with Local Organizations
Here are a few ways to help our community through the coronavirus crisis.
Donate to our Virtual Food Drive with Second Harvest Food Bank Orange County.
Due to the pandemic, donations of blood that hospitals rely on have decreased and there is now an urgent need for blood donations. If you are healthy, donate through the American Red Cross or UCI Health.
Octane’s COVID-19 Policies
Octane is monitoring the impact of COVID-19 and is taking the appropriate actions to ensure the safety and health of our employees, members, sponsors, and partners. We are working closely with our building and event spaces to take the necessary precautions to ensure they have processes in place to make safety and health a priority. As a result, Octane will postpone our Tech Innovation Forum scheduled for May 11-12 to Thursday and Friday, September 10-11. It will be held at the same location, AV Irvine. All sponsorship and registration will be transferred to this new date. If you have any questions regarding this, please contact Rita Battocchio, Head of Events at firstname.lastname@example.org.
Rita will also be directly contacting our planning committee, speakers and sponsors to continue the planning process. Our development of the conference will not slow down and this added time provides the opportunity to deliver an even higher impact event. You can see our the safety protocols we’ve put in place for our events here.
In addition, we have decided to reschedule our annual Ophthalmology Technology Summit from June 26 to August 7, 2020. This decision was made in collaboration with our committee, board members, sponsors and KOL’s. OTS will also be at a new venue, the Balboa Bay Resort in Newport Beach, CA. All sponsorship and registration will be transferred to this new date. If you have any questions, please contact Cara Parchment, Signature Event Manager, OTS at email@example.com.
Please note the additional date changes for Octane Signature Events:
- March to May 2020: Octane will postpone or cancel programming. Tech Innovation Forum is postponed to September 10-11, 2020.
- June to August 2020: Octane will continue to monitor the situation. Ophthalmology Technology Summit 2020 will has been postponed to August 7, 2020.
- September 2020+: Octane will continue to monitor the situation as we return to business as usual.
In addition, Octane employees will attend meetings as requested by our constituents and will use telecom or video conferencing as appropriate and required.
It is important to us that we all remain healthy and safe throughout this time and Octane has elected to err on the side of caution. We thank you for your continued confidence in Octane as we adjust plans and make changes based upon current circumstances and information.