Business Disaster Assistance: Ensuring Florida is Open for Business
When disaster strikes, Florida businesses can find the assistance needed to recover through the Florida SBDC Network’s Business Disaster Recovery Services. Our professionally certified business consultants provide no cost consulting to help you minimize losses and increase survivability when affected by a disaster. At no cost, our specialists can assist in helping you apply for state and federal disaster loans.
Contact your local Florida SBDC or call (850) 898-3489 to get started on your path to recovery today.
Types of Disaster Loans
Florida Small Business Bridge Loan Program
Activated by the Governor and administered by the Florida Department of Economic Opportunity in collaboration with Florida First Capital Finance Corporation (FFCFC) and the Florida SBDC Network, these short-term, interest-free working capital loans are intended to help impacted businesses “bridge the gap” between the time a major catastrophe hits and when a business has secured long-term recovery resources, such as insurance claims or federal assistance. Eligible businesses with two to 100 employees may apply for loans up to $25,000 for 90 or 180 day terms. Visit www.FloridaDisasterLoan.org for full details and to apply.
U.S. Small Business Administration (SBA) Business Physical Disaster Loans
Businesses and most private nonprofit organizations located in a declared disaster area that incurred damage during a disaster may apply for a low-interest loan to help replace or restore damaged property, if federal assistance is activated. SBA makes physical disaster loans of up to $2 million to qualified businesses and most private nonprofit organizations. Visit www.SBA.gov for full details.
SBA Economic Injury Disaster Loans (EIDL)
If federal assistance is activated and you are in a declared disaster area, have suffered substantial economic injury regardless of physical damage, and you are a small business, small agricultural cooperative, or private nonprofit organizations, you may qualify for an EIDL. EIDLs provide working capital to help businesses survive until normal operations resume after a disaster. SBA can provide up to a maximum of $2 million to help meet financial obligations and operating expenses. A business may qualify for both an EIDL and a physical disaster loan, not to exceed the maximum of $2 million. Visit www.SBA.gov for full details.
Activated: Hurricane Matthew
Deadline to Apply: July 17, 2017
Activated: Hurricane Hermine
Deadline to Apply: June 28, 2017
Two Mobile Assistance Centers (MACs)
The MACS are 38’ RVs outfitted as mobile Florida SBDC offices. As a principal responder in the state’s Emergency Support Function (ESF) 18 for Business, Industry & Economic Stabilization, the MACs may be deployed during a disaster to provide an on-the-scene workspace for our consultants to assist impacted businesses with preparing disaster loan applications and other post-disaster challenges.
- www.flvbeoc.org – Business Damage Assessment Survey
- www.FloridaDisasterLoan.org – Florida Emergency Bridge Loan Application
- www.FloridaDisaster.org – Florida Division of Emergency Management
- www.SBA.gov – Federal Disaster Loans
When disaster strikes, Florida businesses can find the education, training, and assistance needed to survive through the Florida SBDC Network’s (FSBDCN) Business Continuation Services. Our professionally certified business consultants provide consulting training at little to no cost to help you minimize losses and increase survivability when affected by natural and man-made disasters. They can also help prepare a comprehensive Business Continuity, Emergency Preparedness, and Disaster Recovery Plan at no cost.
Ready to get started with the Florida SBDC?
- If you are a new business, visit the New Business section of our website.
- If you are an existing business, visit the Existing Business section.
- Once completed, you will complete the online Request for Consulting application that will be forwarded to the Florida SBDC that serves your area.
Disaster Preparedness App
Bizaster, available in both English and Spanish, is a mobile disaster assistance app for Android and iOS. The application features risk assessments, customizable checklists, and other resources in a user-friendly and accessible format and is available at no cost. This is a new tool to help businesses prepare, respond, and recover from natural and man-made disasters. To view a short video about the app, click here. Bizaster can be downloaded from the App Store or via Google Play.
- www.FloridaDisaster.org – Florida Division of Emergency Management Tools and Information to Help You Prepare for a Disaster
Please contact your local Florida SBDC office or call (850) 898-3489.
Featured Field Experts
Dr. Philip Geist
Area Director and Consultant
- Areas of Consulting: Business and Strategic Plans, Business Continuation and Disaster, Business Valuation, Cashflow Management, Engineering Research and Development, Financial and Capital Access, Growth Acceleration, Market and Sales Growth, Operation Manager, Revenue Generation, Start-up, Technology
- Education: EdD, MBA
- Certifications: NASBITE Certified Global Business Professional, Certified Business Continuity Professional
- Areas of Consulting: Business and Strategic Plan, Cashflow Management, Financial and Capital Access, Market and Sales Growth, Business Continuation and Disaster, International Market and Exporting, Technology and Commercialization
- Education: MBA
- Certifications: Certified Business Continuity Professional, Export & Trade Counseling Certification Introductory SBA, Export Counselor, Certified Economic Development Finance Professional (CEDEP)