COVID-19 Webinars: Supporting Businesses in a Time of Crisis | Webinar #8

Mission To support resilience building in the collective response efforts within Cayman (government, NGO, private sector) that address the various economic, health and social impacts of current and future crisis

Current and Emerging Needs: KEY ASSUMPTION: Local Economic disruption could last 6 - 9 months What community challenges do we expect will emerge during this time?

FINANCIAL LEGAL CHILDCARE & EDUCATION SOCIAL FARMS & SMALL BUSINESSES

Proposed Framework: KEY GOALS: • Provide immediate relief to underserved groups • Create a data platform to quickly identify, assess, and support workers’ needs • Support individuals during the disruption so that they are engaged and well-equipped to seek employment after the shutdown (in the local economy)

Roadmap for Food Voucher Initiative (April 2020):

w/o APRIL 13

APRIL 20

APRIL 30 – MAY 3

w/o MAY 5

Announce Food Voucher Initiative (Non-NAU applicants)

Applications Open (rolling basis)

Decisions communicated (Claim Code emailed)

Pick up $150 Gift card for Grocery Partner Stores (Chamber office)

• $25K Setup Costs for Software & Development services (website, forms, design services) • Donation Goal $250K to support 500 – 1000 recipients for 2 - 3 months

MONTH 1 RESULTS FOR FOOD SUPPORT PROGRAMS: Total Website Registrations:

5,511

Applications Completed Total Approved Total Declined

1,008 614 394

PLUS 158 applicants awarded DAILY MEAL from The Wharf For ONE-WEEK period

Decline Detail:

Approvals Detail: Caymanian PR Work Permit

306 73 235

50% 12% 38%

614

100%

Caymanian PR Work Permit No info provided

109 32 75 178

28% 8% 19% 45%

394

100%

Initiatives Timeline (May and Beyond):

MAY 15 Financial Literacy • Webinars through Chamber • Budget tools • One-to-one counselling

MAY 25 Food Resilience • Farmer income support • Minimize Food Loss

MAY 30 30-day Vitamin C Supplementation • •

Essential workers Delivery drivers

GOVERNANCE: Chamber Board to provide guidance and oversight for: • • • •

Program Delivery Donations Management Funds Distribution Coordination with CIG and other NPOs

Ensure Accountability and Transparency through regular reporting

SPONSORSHIPS: Low overhead; 100% Volunteer run initiative All funds raised go directly for assistance programs with tie-in to IMPACT measurements GOLD LEVEL - $25,000 SILVER LEVEL - $10,000 BRONZE LEVEL - $5,000 More details available

FOR FURTHER DISCUSSION: Jan Gupta RESILIENCE CAYMAN jgupta@resilience.ky (345) 323-7968

Woody Foster / Wil Pineau Chamber of Commerce woody.foster@fosters.ky wil.pineau@caymanchamber.ky