Published Mar 30, 2020 by A.J. Mistretta
HOUSTON (March 30, 2020) – As businesses across our region and the globe continue to respond to the COVID-19 crisis, the Partnership is launching the Greater Houston Business Recovery Center (GHBRC) to help Houston companies develop strategies and access assistance needed for their full recovery.
The GHBRC is a program connecting businesses to available recovery resources. As a first step in this program, the Partnership aims to inform its members and the broader Houston business community about federal programs and other opportunities designed to help companies weather and recover from the COVID-19 crisis. In recent days, several federal lending programs have been enacted to aid businesses and their employees who have been affected by the coronavirus. The most recent is the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which, among the provisions, allocates $350 billion to help small businesses keep workers employed amid the pandemic and associated economic downturn.
“We know many Houston companies are hurting and do not have the resources to sustain themselves for weeks without help,” said Bob Harvey, president and CEO of the Partnership. “The funds provided through the CARES Act are essential to ensure Houston businesses can meet payroll and cover other expenses during this difficult time. ”
As the COVID-19 situation evolves, the Partnership is committed to being a valuable, timely resource to the Houston business community. We will continue to provide daily updates containing news and resources as well as digital programming featuring the latest information and analysis on the crisis and its economic impact. We encourage the business community to tap into these resources and to bookmark the Greater Houston Business Recovery Center page where we will be updating information around recovery efforts.
Greater Houston Partnership
The Greater Houston Partnership works to make Houston one of the best places to live, work and build a business. As the economic development organization for the Houston region, the Partnership champions growth across 11 counties by bringing together business and civic-minded leaders who are dedicated to the area’s long-term success. Representing 1,100 member organizations and approximately one-fifth of the region’s workforce, the Partnership is the place business leaders come together to make an impact. Learn more at Houston.org.
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