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COVID-19: Find Business Resources & Updates, Higher Education & Training Resources, and GNOpivot.

COVID-19 Resources & Support

Greater New Orleans, Inc. is monitoring and acting on the regional impact of the coronavirus.

As the coronavirus evolves, GNO, Inc. is focusing on business continuity.  We want to ensure that we make it through the coming weeks safeguarding economic, as well as physical, health.

As the economic development organization for the Greater New Orleans (GNO) 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.

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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.

Can My Business Open?

Unsure of whether your business can open? View this explainer to help understand current regulations in Louisiana.

Paycheck Protection Program

The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes an important provision aimed at keeping workers employed and small businesses afloat. In order to help you see all relevant information in one place, we have consolidated documents, with a focus on the Paycheck Protection Program, into a CARES Act Binder

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.

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.

Business Assistance Resources

 

Upcoming Webinars

Additional Resources:

Employment Updates

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 Executive Summary.