COVID-19 Resources & Support

GNO, Inc. is monitoring and acting on the regional impact of the coronavirus, focusing on business continuity.  We want to ensure that we make it through this crisis safeguarding economic, as well as physical, health.

As the economic development organization for the Greater New Orleans region, the epicenter of economic productivity and tax revenue for the State of Louisiana, it is incumbent upon GNO, Inc. to build a path towards recovery and future prosperity.

This page is designed to provide useful resources and information to businesses and individuals in our region.

Featured Content:

GNO, Inc. Webinar – PPP, ERTC & Beyond

 

NEW: Compatibility of Federal COVID-19 Aid Programs

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Getting Back to Work, In the New Normal

Greater New Orleans, Inc. (GNO, Inc.) released a plan for restarting the Greater New Orleans economy, and reopening businesses with a responsible and safety-first approach. The “Getting Back to Work, in the New Normal: Best Practices for Business Reopening” plan was designed to reflect current best-practices, and will evolve as new information becomes available

  • The plan may be downloaded directly here.
  • You can review the phased approach for reopening the GNO, Inc. office here.

 

Paycheck Protection Program

The “Paycheck Protection Program,” which GNO, Inc. and partners strongly advocated for, expands on the Small Business Administration’s existing 7(a) program. But, it is different in two key ways:

  • The loans are made by private, local banks and CDFIs, not the SBA – ensuring speed
  • The loans, if used on payroll and other operating expenses , are forgivable
  • For a quick view of the 2021 Paycheck Protection Program, click here.
  • First-time borrowers can access an SBA overview here.
  • Second-time borrowers can access an SBA overview here.
  • Second-time borrowers can access an GNO, Inc. Paycheck Protection Program FAQs.

Employee Retention Tax Credit

The relief bill passed at the end of 2020 made several key changes to the Employee Retention Tax Credit for employers who closed, partially closed, or experienced significant revenue losses as a result of COVID-19. The credit aims to encourage businesses to keep employees on their payroll. For 2021, eligibility criteria have been eased and the amount of the credit increases.

  • For a GNO, Inc. overview of the Employee Retention Tax Credit, click here.
  • For a quick view of differences between 2020 and 2021, please click here.
  • To access IRS information on the program, please click here.

NOTE: Legislation has changed the Employee Retention Tax Credit so that a business is receiving a loan under the Paycheck Protection Program is also eligible for the Employee Retention Tax Credit, as long as there is no “double dipping” for the same payroll and the same workers.

Shuttered Venue Operators (SVO) Grants

The additional federal pandemic aid passed in December 2020 includes a $15 billion grant program tailored to provide emergency assistance to shuttered venues affected by the COVID-19 pandemic. The Shuttered Venue Operators (SVO) Grant program will offer up to $10 million to eligible live venue operators or promoters, theatrical producers, live performing arts organization operators, relevant museum operators, and motion picture theater operators. Grants will be awarded on a rolling basis, with a priority on eligible entities who have suffered the greatest economic loss.

Eligibility requirements include, but are not limited to:

  • Must have been in operation as of Feb. 29, 2020
  • Must not have received a PPP loan on or after Dec. 27, 2020

The SBA has not yet released applications for this program and will soon announce detailed eligibility requirements. For more information, click here.

Business Assistance Resources

 

Upcoming Webinars

Additional Resources:

Employment Updates

Current Job Openings to Meet Coronavirus Needs
If you are company with urgent hiring needs, please contact Evie Poitevent Sanders at [email protected]

Higher Education and Training Resources

GNOpivot

GNOpivot is an initiative to help regional companies move to “war-footing,” wherein they pivot their standard operations in order to make products or provide services in demand for the fight against the Coronavirus.

As our region reopens for business, companies are in need of products and services to protect their workers and customers. The GNOpivot Marketplace is an online platform for purchasing PPE, signage, digital services and more. The full catalog of products can be accessed at gnopivot.org.

Coronavirus Support for Music Industry Workers

GNO, Inc. has spearheaded the New Orleans Music Economy, an initiative with a vision for New Orleans to have both the brand of America’s premier music city and a thriving music economy that provides jobs and wealth to support musicians, IP managers, publishers, marketers, legal representatives, and all other aspects of the business of music. This will sustain our artists and keep them here, and will create thousands of jobs and millions of dollars in wealth to benefit the Greater New Orleans region. Through the New Orleans Music Economy Initiative, New Orleans will capture the value of its musical culture and re-invest it at home.

Learn more about the program from our NOME website.