Small Business Recovery and Continuity Fund
To help small businesses through the impact of COVID-19, the Cities of Clear Lake and Mason City, Cerro Gordo County, and the North Iowa Corridor EDC have launched the Small Business Recovery & Continuity Fund for companies in Cerro Gordo County. Businesses who have experienced business disruption and revenue losses will be eligible for grants up to $5,000 to help ensure business continuity. This assistance will provide businesses with immediate, short-term cash flow that can be deployed for a variety of uses; including working capital, inventory, lease/mortgage payments, etc. United Way of North Central Iowa is partnering with the North Iowa Corridor EDC to help individuals looking to donate to support this fund an easy, tax-deductable way to help support small business and keep north Iowa Strong.
The CARES Act has made your charitable contribution more important than ever. The CARES Act creates a $300 "nonitemizer" deduction for 2020.