Business Roundtable – 6/9/2020 – 10:00am

MISSION: Success in two stages during the Covid-19:
1) Response to the immediate threat
2) Economic recovery when the threat diminishes.

Recap
Response to immediate threat
  1. City of Monterey. n/a
  2. Hospitality & Tourism. Hotels, bars and wineries are set to open on Friday 6/12/2020. 
  3. State of California. Sacramento report. Legislature to reconvene on 6/15 with focus on budget. Big push from cities and counties to receive financial help. Most needs rest with homelessness & healthcare. 
  4. Health Care. Positive cases in County went up (751) due to increased testing and spread. CHOMP had seen 27 cases but no hospitalization. Tips for residents coming out of SIP are being distributed.
  5. Community Foundation. The Monterey Peninsula Small Business Relief Fund. Few more gifts came to COVID-19 Relief Fund. The effort is now turning to recovery. Small Business Relief Fund is accepting donations. Grants to small businesses are being released within the week.
  6. Financial, SBA, Loans & Grants. Current SBA updates are centered around forgiveness criteria (most will be). New lending program from Federal Reserve is addressing businesses with 5-year loans less than $10M and no interest due for the first 2 years (“Main Street Program”)
  7. Retail. Cannery Row. Monterey Business Associations. Shops and restaurants are re-opening. Gift certificates are redeemed. A few tenants remain closed. Farmer’s Market may be returning to downtown in July, updates to be given in the next weeks.
  8. Cosmetology. Industry has not yet been allowed to re-open yet. Expected at the end of Phase 3. 
  9. Exercise & Fitness. Gyms and fitness centers are allowed to re-open with strict guidelines. Swimming and tennis OK with reservations. Fitness: shared equipment is greatly reduced. Locker rooms are closed. Pent-up demand from public coming out of SIP.
  10. Non-Profit sector. Major focus still on food, shelter, re-opening guidelines, testing information, “Great Plates” delivery program. United Way’s 2-1-1 call center has seen call volume double during pandemic.
  11. Education. CSUMB campus is closed, with minimum exceptions. Summer session is entirely online. Enrollment is still very close to projections. Vision 2020 Capital campaign has a goal of $100M.
  12. Legal. No update.
  13. Human Resources. Emphasis on employee travel and need for a written plan. Spread of virus at business destination? Transportation method? Guidelines for returning? CDC has posters than can be downloaded at no charge. Department of Labor has Employee Rights poster, and Monterey County has Special Distancing protocols poster. All links attached in document.


Economic Recovery

  1. Recovery Plans. 
  2. Training at Conference Center. If allowed by County, training of employees and employers can happen starting next week. Program is free.
  3. Photoshoot. Full page ads in The Herald (Last Saturday and today) courtesy of Chris Shake.

Next teleconference will be held Tuesday 6/16/2020 at 10:00am
BUSINESS INTERESTS

View the latest recap from TPO. For questions or additional information please contact michaelles@tpohr.com.

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Find helpful information from the Monterey County Hospitality Association including webinars and videos.


Upcoming Webinars
Cash Flow Management During a Crisis: How to Use Federal COVID-19 Programs

Thursday, June 18, 2020 from 1:00 PM to 2:30 PM PDT
 

Are you looking for federal financial resources for your small business, but don't know where to start? Have you already received aid, but are unsure how to manage it and track it? In this   free webinar, you will learn about the PPP as well as tax credits and deferrals available for you, your employees and your business. Our presenter will review how to use your basic financial statements and provide cash flow management tips. There will be time for a 15 minute Q+A after the presentation.
 
Topics Include:

*Basic Financial Statements 
*Cash Flow Management Tips
*Payroll Protection Program (PPP)
*Employer Payroll Retention Credit
*Paid Sick Leave Credit
*Paid Family Leave Credit
*Net Operating Loss Changes
*Payroll Tax Payment Deferral
*Income Tax Return & Estimated Tax Date Changes
 

Member Features
Let’s encourage our youth to “amp up” their ocean literacy by viewing fascinating video presentations from the January, 2020 Whalefest Monterey’s 2-Day Symposium and enable them to possibly win a cash prize.
 
The organizers of Whalefest Monterey and Fisherman’s Wharf Association invite students entering grades 6-12 in Monterey, Santa Cruz and San Benito Counties, to participate in the  Whalefest Monterey Ocean-Themed 2020 Student Summer Essay Contest .
 
According to Mary Alice Cerrito Fettis, Chair of Whalefest Monterey, “We are asking our youth to write a thoughtful essay about how a topic presented at the Whalefest Monterey 2020 Symposium directly impacts or could impact their life in the future. We are very excited about this essay contest that helps to educate, inspire and empower our next generations to explore and protect the biodiversity of the Monterey Bay National Marine Sanctuary.

  • Submissions are due no later than 12:00 Noon on Monday, July 20, 2020
  • Three $100 prizes will be awarded for students entering grades 6 to 8 for a 300-500 word essay, one per grade
  • Four $100 prizes will be awarded for students entering grades 9 to 12 for a 500-1000 word essay, one per grade
  • Winners will be notified by September 14, 2020
  • Submit entries to: info@montereywharf.com:
  • More details on the Whalefest Monterey page on the website, www.montereywharf.com
Sunset Cultural Center Inc. (SCC) is excited to announce our newest offering,  Sunset Presents : The Fresh Air Film Series,  featuring exclusive outdoor, drive-in movie events filled with light-hearted, performance-themed films. Patrons will remain safe and cozy in the comfort of their vehicle, while we entertain them in a nostalgic setting with state-of-the-art technology. Films will be presented in the Sunset Center’s main parking lot on the north side of our building, on 8th Avenue between San Carlos and Mission Streets.
 
Movies are limited to just 50 vehicles per show, so  Hurry! Spaces are Selling Quickly!  All films are on sale now at  www.sunsetcenter.org .
 
  • Thursday, June 11, 2020 at 7:30PM - Best In Show (2000) Rated PG-13 / runtime 88 minutes
  • Friday, June 12, 2020 at 7:30PM - Almost Famous (2000) Rated R / runtime 122 minutes
  • Saturday, June 13, 2020 at 3PM - The Muppets (2011) Rated PG / runtime 109 minutes
  • Saturday, June 13, 2020 at 7:30PM - La La Land (2016) Rated PG-13 / runtime 128 minutes
  • Thursday, June 18, 2020 at 7:30PM - Begin Again (2013) Rated R / runtime 104 minutes
  • Friday, June 19, 2020 at 7:30PM - Hairspray (2007) Rated PG / runtime 117 minutes
  • Saturday, June 20, 2020 at 3PM - Sing (2016) Rated PG / runtime 108 minutes
  • Saturday, June 20, 2020 at 7:30PM - Ray (2004) Rated PG-13 / runtime 152 minutes
Please forward this e-blast to your colleagues, customers, clients, friends, family and fellow community members!