Cloud-based business planning platforms could facilitate efficient FEMA/SBA small business relief in the case of natural disasters
The Problem
In areas struck by natural disasters, tens of thousands of small businesses have been damaged or destroyed in one event. This causes unprecedented challenges to the public and private mechanisms designed to address small business access to capital and community recovery
Affected business owners are too often left without the necessary documentation or information for FEMA/SBA to process their claims and applications after a disaster. And the longer it takes for a small business person to painstakingly re-construct their documentation, the more likely it is that they will give up and the jobs they supported and their tax revenues will be lost forever. (more…)