UMKC Innovation Center partners with the university and the community to spark and sustain entrepreneurial efforts within our region and across the country.

KCSourceLink connects KC entrepreneurs to the right resource at the right time.

MOSourceLink connects Missouri entrepreneurs to the right resource at the right time.

Whiteboard2Boardroom connects entrepreneurs and businesses to technologies available for licensing.

Digital Sandbox KC provides early-stage proof-of-concept support for digital products.

Missouri Small Business & Technology Development Center provides technical assistance to startup and existing businesses.

ScaleUP! Kansas City helps businesses with revenues around $200K scale toward their first $1 million.

Missouri Procurement Technical Assistance Centers helps local businesses obtain government contracts.

KCInvestED helps investors learn more about investing in KC startups.

SourceLink® helps communities nationwide build vibrant and vital entrepreneurial ecosystems.
UMKC Innovation Center
UMKC Innovation Center

Need more resources for your business? Call our hotline at 816-235-6500.

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Jump to the Funds

Hop down the page to current and activated local, county and regional funds to help your business build resiliency.

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Protect Your Cashflow

Protect your employees first, then conserve your financial capital. Here's your checklist to building financial resiliency.

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Loan Forgiveness Application

Here's the form to apply to have your Paycheck Protection Program loan forgiven.

Last update: 9/22/2020

Small Business Financing during COVID-19

Need help figuring out the best way to manage your business finances through the coronavirus pandemic?

Explore the questions and topics below . . . 
around cash flow, cash management and disaster relief funds to get a quick summary of what program or path might be right for you.

Fill out the Financial Assistance Request form. 
We can help determine if you are ready to apply for financial assistance and which program(s) (local, state or federal) might be the best fit.

Talk with a counselor. 
The Missouri SBDC, Kansas SBDC, Women’s Business Center and SCORE can help you with financial projections to determine your cash-flow needs and repayment ability, how you can be the best-qualified applicant for assistance, as well as other help and questions you might have about your business.

Seek stimulus funds. 
The U.S. Senate Committee on Small Business and Entrepreneurship has prepared a Small Business Owners’ Guide to the CARES Act.

Beware of scams and fraud schemes.
Fraudsters have already begun targeting small business owners during these economically difficult times.  Be on the lookout for grant fraud, loan fraud, and phishing. Review these scam and fraud alerts from the SBA.

Watch this video . . . 
from the Kansas Small Business Development Center (SBDC) for a great explanation of what you’ll need to apply for disaster assistance. It addresses SBA’s Economic Injury Disaster Loan (EIDL) as well as other helpful programs and strategies.

 

Here are some helpful timestamps:

  • 8:11 Overview of all funding programs
  • 12:38 EIDL loan/grant
  • 19:20 Express Bridge Loans
  • 20:30 Paycheck Protection Program
  • 22:38 Other federal assistance
  • 33:40 Other tips

 

Coronavirus Financing Resources

  • If you don't qualify for business disaster assistance . . .

  • If you're self-employed or an independent contractor . . .

  • Cash Flow: Manage your finances

  • Cash Runway: Calculate how long your cash will last

  • Current Loans: Are you worried about your current SBA loan or another bank loan?

  • Paycheck Protection Program: Get help to cover the cost of retaining employees

  • Disaster Relief Loans and Grants: What funding is available now?

  • SBA Disaster Loans

  • EIDL: SBA Economic Injury Disaster Advances

  • CARES vs. EIDL vs. PPP vs. ERTC

  • Other Local, Regional and National Grants and Loans

  • Loan Documents: Prepare these documents before you apply for disaster assistance

  • Helpful Definitions: Review these terms as you prepare your application(s)

  • Tax Relief

 

Know about something we missed?

We’re here to help your business. What topics do you want to hear more about? How is the outbreak affecting your business? Let us know at kcsourcelink.com/contact.

We're here to help you determine if you are ready to apply for financial assistance and which program(s) (local, state or federal) might be the best fit.

Tell us more about your business and what you need.

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