We will continue to update this list of resources available to publishers and other literary stakeholders as we learn of new opportunities. To suggest any additions, please send an email to [email protected].
EMERGENCY RELIEF FUNDS FOR PUBLISHERS
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (the CARES Act) was signed into law and includes $75 million for the National Endowment for the Arts, 60% of which will be designated for direct grants and 40% for state funding. More information about how to apply will be available in May.
The CARES act also includes the Paycheck Protection Program (PPP), which will provide 8 weeks of cash-flow assistance, for any time frame between February 15, 2020, and June 30, 2020, through 100% federally guaranteed loans to small employers who maintain their payroll during this emergency. These loans may be forgiven if the principal is used for expenses for payroll, existing interest payments on mortgages, rent payments, leases, and utility service agreements.
THE APPLICATION PROCESS WILL BEGIN FRIDAY, APRIL 3, 2020. Here is a sample application form from the Small Business Administration.
For more information and to learn how to apply read an FAQ about the Paycheck Protection Program:
The CARES Act also includes $10 billion for Emergency Economic Injury Disaster Loans (EIDL) for loans up to $10,000 for small businesses and nonprofits impacted by COVID-19 to be used for providing paid sick leave for employees, maintaining payroll, mortgage/rent payments, and other operating costs. For more information about eligibility, visit https://covid19relief.sba.gov/#/
A Breakdown of Loans Available to Nonprofits, Provided by the National Council of Nonprofits: https://www.councilofnonprofits.org/sites/default/files/documents/cares-act-loan-options-for-nonprofits.pdf
Facebook will be offering $100 million in loans. For more information, visit https://www.facebook.com/business/boost/resource
Other Emergency Funds for Arts Organizations by Location
Administered by NY Community Trust, the $75 million NYC COVID-19 Response & Impact Fund supports New York City-based social services and arts and cultural organizations that have been affected by the current coronavirus public health crisis by providing grants and interest-free loans to small and mid-size nonprofits to help them respond to emerging needs, cover losses associated with the disruption of their operations, and help them continue their critical work. To learn more and apply, visit: https://www.nycommunitytrust.org/covid19/
Resources from the National Endowment for the Arts
National Endowment for the Arts FAQs and Information for Applicants and Grantees in response to COVID-19:
Resources for Artists & Writers
Resources for Indie Bookstores