New York SBDC Research Network

Hurricane Joaquin has come and gone but the damage still remains, especially for businesses in North and South Carolina. Explore our disaster assistance tool to read about the resources available to help your business recover. buisnessusa

    U.S. insurer class action may signal wave     of climate-change suits     BY  MICA ROSENBERG     Fri May 16, 2014 4:17pm EDT Farmers Insurance filed nine class actions last month against nearly 200 communities in the Chicago area. It is arguing that local governments should have known rising global temperatures would lead to heavier rains and did not do enough to fortify their sewers and stormwater drains. The legal debate may center on whether an uptick in  natural disasters  is foreseeable or an "act of God." The cases raise the question of how city governments should manage their budgets before costly emergencies occur.       "We will see more and more cases," said Michael Gerrard, director of the Center for Climate Change Law at Columbia Law School in New York. "No one is expected to plan for the 500-year storm, but if horrible events are happening with increasing frequency, that may shift the duties." Gerrard and other env

Did you know that in the wake of a disaster, SBA provides low-interest disaster loans to homeowners, renters, businesses of all sizes and private, nonprofit organizations? SBA's latest video offers information about the steps to take to apply for assistance from SBA: After a presidential disaster declaration, first register with FEMA . In most cases, you'll be referred to SBA for possible loan assistance. Then you should apply online , which is the fastest way to receive a decision about your loan eligibility. Your loan processing is next. SBA will conduct a credit check and an onsite inspection to determine your losses. A loan officer will work with you to approve or decline a loan. Within five days of signing SBA’s loan closing documents, your first disbursement is made. A case manager will work with you to meet all your loan conditions and schedule the rest of your disbursements until you receive the full loan amount. SBA is here to help! Learn more about SBA's

"Every cell tower in the Long Island community stopped working and representatives from wireless companies were nowhere to be found…Schnirman (Long Beach city manager) said he spent a week after the storm trying to persuade a wireless carrier, which he declined to name, to deploy a portable cell tower -- known as a "cell on wheels" -- to restore service in Long Beach.  “We reached out to the carrier’s customer support to ask about getting a cell on wheels and the voice on phone said ‘You might want to look that up on Internet. I don’t know what that is,’” he recalled. “ Of course, we had no Internet. " (smith 2013) What is your Businesses’ Communications Backup Plan? When disaster strikes, when the coming spring brings floods, tornadoes or the unexpected ice storm, are you prepared? And the power and communication outages that come with it, are your businesses prepared to keep open the lines of communication. Do you have an emergency communications plan? Cons

 Don’t lose your business to a power outage, hacker disruption, fire, flood, earthquake or other disaster.  A 2012 survey by Alibaba polled small-business owners to gauge how prepared they were to run their business if a natural disaster struck. The findings were alarming: 74% of American small businesses do not have a disaster preparedness plan; 84% of them are without natural disaster insurance. Preparation, an Active emergency and later, Recovery. Sadly for many businesses, Preparation is the missing component that could have lead to a successful navigation of an active emergency and a graceful navigation of Recovery. More than half of all businesses affected by a disaster level event will not reopen their doors.  In this series we will dive into the three pillars and offer you guidance and routes of assistance to help you plan, prepare and act when the time comes for you to shepherd your business and your employees through an unforeseen (but not an un-planned for disaster)

WASHINGTON–Long-term assistance for small businesses affected by Hurricane Sandy is being made available through expanded funding to the U.S. Small Business Administration’s resource partners working in conjunction with state and local organizations. “SBA is working to harness the ingenuity of our local communities to make sure that we’re not only rebuilding, but building smarter,” said SBA Administrator Karen Mills. “This funding will provide extensive collaborative services to help small businesses recover and rebuild from Hurricane Sandy, so they can do what they do best, grow the local economy and create jobs.” SBA’s resource partners will issue a total of $13.1 million to collaborative teams, which will integrate local economic recovery efforts and bring distinct delivery of business services. This second phase of funding, part of $19 million in emergency appropriations approved by Congress, will be distributed by SBA’s resource partners -- the Small Business Development

FDespite improvements in disaster response for recent, major occurrences like Hurricane Sandy, more work remains to be done so as not to adversely impact citizens, businesses and governments devastated by a disaster's effects for greatly prolonged periods of time. In this insightful observation piece, Rockefeller Institute Senior Fellow Dr. James Fossett indicates that improved disaster recovery from natural and man-made occurrences is possible through strategic planning, careful coordination between various levels of government, and the development of easily accessible response mechanisms. Dr. Fossett outlines several steps available to governments that will enable the development of cash reserves and the release of money necessary to assure a speedy return to normalcy after a major, catastrophic event. To read this observation, go to www.rockinst.org .

New York State has opened two Sandy assistance centers in Babylon Town - one in Lindenhurst and one in North Babylon. A New York State Small Business Development Center Disaster Recovery Center is now open at 19 West Hoffman Avenue in Lindenhurst for small business owners seeking assistance, according to information posted on the Town of Babylon website . Meanwhile, the Babylon Town Hall Annex, located at 281 Phelps Lane in North Babylon, will serve as a Sandy Help Team Intake Center. It'll provide assistance to those homeowners applying for storm-related assistance. More HERE .

Hi, Business Owners If you have not registered your business or personally (if you have personal damages for Hurricane Sandy) please register here . Thousands of homeowners across New York have been directly impacted by Superstorm Sandy, Hurricane Irene or Tropical Storm Lee. The devastation wrought by these storms was unlike anything New York has seen in recent history. While FEMA, the State of New York and other disaster relief agencies stepped in immediately following the storm to provide public and private recovery assistance to homeowners in need of help, the State worked to secure Congressional approval of additional federal aid to meet the substantial need. The program outlined here is subject to federal approval. The State of New York, local governments and its partners are now accepting registrations for housing and small business assistance for residents located in disaster-declared counties. These registrations will be used to determine potential program eligibility

WASHINGTON— Small businesses rebuilding in the aftermath of Hurricane Sandy will get both immediate and long-term help laying a foundation for economic recovery and resiliency thanks to expanded services funded by a $19 million emergency appropriation. Small businesses can take advantage of free expanded counseling, training and technical assistance from the U.S. Small Business Administration’s resource partners—the Small Business Development Centers (SBDCs), SCORE, and Women’s Business Centers (WBCs). “This is yet another example of placing proven, effective tools in the hands of America’s small business owners who are recovering from Hurricane Sandy,” said SBA Administrator Karen Mills. “SBA’s extensive resource partner network continues to play a critical role in fostering economic development in those hard-hit areas, and I’m pleased those resources will be made accessible on a broader scale to help those who need it most.” Funding was made available as part of a package appro

When filing your federal income tax return, you may deduct personal property losses that aren't covered by insurance or other reimbursements. Claim the losses as an itemized deduction using federal Form 4684, Casualty and Theft... Claiming the loss on an amended return for the prior year may result in an earlier refund, but waiting to claim the loss on the return for the year the loss occurred could result in greater tax savings, depending on other income factors. New York State follows the federal rules for casualty losses. As a resident taxpayer, you may claim the loss on your New York personal income tax return as an itemized deduction. You must use the same year you chose to claim the loss on your federal return. More here .

WASHINGTON – Less than 90 days after Hurricane Sandy struck, the U.S. Small Business Administration has approved more than $1.1 billion in disaster loans to 16,800 residents and businesses in the federally declared states affected by the storm. This milestone comes as Congress passed emergency legislation that will add $799 million to SBA’s disaster assistance program budget to help meet the demand for loans from Hurricane Sandy and future disasters. "Getting money into the hands of individuals and businesses in the aftermath of Hurricane Sandy continues to be one of our top priorities," said SBA Administrator Karen G. Mills. "My pledge to those affected by the hurricane is that SBA, working together with our local and federal partners, will help you rebuild. I am pleased Congress took the important step of appropriating much-needed funds to help us keep our promise." Here’s how the supplemental appropriations will be used: * $520 million for disaster loan

So far the SBA has approved more than $150 million in disaster loans to about 2,500 homeowners, renters and businesses recovering from Hurricane Sandy. If you have a disaster loan application, you should complete and send it back to SBA as soon as possible. The filing deadline for physical property damage disaster loan applications is Dec. 31 for New Jersey, New York, and Connecticut. The filing deadline is Jan. 15th for residents and businesses in Rhode Island. Read more .

The November 28, 2012 episode of BlogTalkRadio with Brian Cohen covers the various loans and resources that are being made available, and discusses exactly what you need to do if you have incurred a loss due to Hurricane Sandy. Listen to Edward Gregory Dawson, Public Affairs Specialist Field Operations Center- East for the Small Business Administration and Gloria Glowacki, Associate Regional Director, Stony Brook SBDC, who brings "an expansive background of over thirty years in new business development, small business advocacy, and sales and marketing initiatives to her responsibilities over the past 17 years at the SBDC." I learned a lot! For instance, there is a December 31, 2012 deadline for some loans, but a July 31, 2013 deadline for economic injury loans, because it takes a while ascertain economic injury. The FEMA loans don't require a specific credit score, and can be done online, though SBDC assistance is available, and suggested to ease the process. Ho

The New York State Department of Taxation and Finance today announced the additional extension of certain tax filing and payment deadlines for taxpayers directly affected by Hurricane Sandy .

Here is info on dedicated phone lines for business victims of Sandy: 1) IRS They promote their Disaster Assistance Hotline at 1-866-562-5227 on some of their disaster recovery pages. Here’s a page dedicated to victims of Sandy. If you call the toll-free number, you’re given two options. One is specifically for questions relating to Sandy-inflicted damage. 2) Professional Licenses These are administered by NYS Dept of Education, Office of the Professions. There’s a box (in pink) at the bottom of the home page , titled “Important Information for Licensees Impacted by Hurricane Sandy”. In the last two paragraphs, two different phone numbers are mentioned to replace licenses or registration certificates.

According to New York State law , employees paid on an hourly basis generally do not have to be paid for time not worked, assuming the employer has informed the workers in advance that the office will be closed. Under state law, employers are required to pay a minimum level of ‘call-in pay’ if the employee shows up for work but the employer is closed and has no work for the employee to perform, unless the employer has attempted to notify the employee of the closure in advance. For most industries, the call-in pay rate equals four hours at the New York minimum wage rate. Salaried employees usually must be paid for the entire week, without any deductions, if they worked a portion of the work week but then were unable to work the remainder of the week because of a company’s closure, the premise being that salaried workers may have performed duties, such as calling clients or prospects, from home. One of our business counselors was told by the Department of Labor that businesses can ha

From the Governor's webpage : You can register for FEMA assistance by calling 800-621-3362 (TTY: 800-462-7585) or visiting www.DisasterAssistance.gov (or m.fema.gov from a smartphone or Web-enabled device). There is never a fee to apply for FEMA disaster assistance or to receive it. There is no fee for FEMA or U.S. Small Business Administration property damage inspections. Please be aware: Government workers will never ask for a fee or payment. They wear a photo ID. Watch out for middlemen who promise you will receive money, especially if they ask for an up-front payment. One of the dire consequences of any disaster for many people is the loss of important documents. Often, such documents are needed by the Federal Emergency Management Agency (FEMA) and state emergency services in order to process assistance applications for those who suffered losses or damage to their homes and belongings. If papers are lost – like birth certificates, Social Security cards, drivers’ lice

SBA Coordinating With Our Federal Partners Federal response teams are already providing assistance to affected communities. SBA is closely coordinating with federal partners, including FEMA, to share information in the immediate aftermath of the storm. Sandy Response SBA plays an important role in disaster recovery efforts for businesses and homeowners by providing low-interest loans to rebuild and recover. If you have been affected by Sandy, please visit www.sba.gov/sandy to learn more and apply. For the latest on the government-wide response to Sandy, please visit www.usa.gov/sandy . Not affected by Sandy? You can help by sharing this update. IRS Provides Tax Relief to Victims of Hurricane Sandy Following recent disaster declarations for individual assistance issued by the Federal Emergency Management Agency, the IRS announced that affected taxpayers in Connecticut, New Jersey and New York will receive tax relief. Other locations may be added in coming days based on a

The State University of New York’s Small Business Development Center (SBDC) today began offering disaster relief services to business owners affected by Hurricane Sandy. "SUNY is proud to be able to offer assistance to communities throughout New York State as they recover from the damage left in Hurricane Sandy’s wake, whether it is by providing shelter on our campuses, volunteering in affected communities, or helping businesses get back up and running," said Chancellor Zimpher. "I commend the efforts of the SBDC and our campuses across New York for their efforts to help the state get back on its feet." "The SBDC is committed to helping businesses throughout the impacted areas that were affected by this tragic event," says James King, SBDC State Director. "Our business advisors are trained to deal with this type of emergency, and our objective is to help these businesses get back to being fully operational as soon as possible." Highly train