NEWS & UPDATES!
A Quick "New Norm" Hello from your friends at the LCDC!
COVID-19 Resources from the LCDC!
If you are a local business in need or an organization that can help, please do not hesitate to reach out so that we can come together and share your story. Contact Executive Director, Sarah Bals at Sarah@LakeCountyDevelopmentCouncil.org
Lake County Commissioners to Offer Grants and Loans to Small Businesses
The Lake County Commissioners have authorized two business assistance programs to benefit small for-profit businesses impacted by the COVID-19 pandemic. The programs are meant to further economic development, preserve and create employment opportunities for Lake County residents, and support the operations of small businesses during a time of need and emergency. In total, Lake County will distribute $700,000 to small businesses. Funding for the programs was provided by the Community Development Block Grant through the Federal CARES Act....
"Nonetheless, there have been a number of studies going back nearly one century that point out the advantages of maintaining or even increasing ad budgets during a weaker economy. Those advertisers that maintained or grew their ad spending increased sales and market share during the recession and afterwards."