COVID-19 Resources for Businesses

The circumstances surrounding COVID-19 are having significant impact on small businesses and startups in our community. If you are a business owner looking for support during this time, please see below for resources available. This page will continue to be updated as resources become available.

If you are a business owner with questions, concerns, ideas, or resources during these challenging times, please reach out to our team at or by booking a Wayfinding Meeting at the button below.

Schedule Wayfinding


At CO.LAB, we apply this framework—Activities, Tools, and Objectives—to our own operations and in the curriculum of our programs. Given these challenging times for startups and small businesses, we believe this framework can help entrepreneurs respond and succeed.


• Understand potential changes in the market and the impact on your product strategy

• Do deep dive to better the understand the risks in your operations and financials

• Advance your pipeline and work with partners/customers to get to a quick close


• Arm yourself with facts and a network of informed supporters
• Be aware of your power, keep daily routines, stay connected with your team
• Take time to find a ‘win’ somewhere in your life, support another community relief effort

• Understand your core business so that you can simply explain it to others (Know your metrics!)
• Stay up-to-date on the government responses (federal, state, and local)

• Let your customers, partners, investors, and lenders know your situation and plan for success


• Keep customers engaged by sharing your story
• Enhance your digital presence
• Offer gift cards and pre-sales
• Experiment with online delivery/distribution models

• Apply for SBA Disaster Loan
• Launch a Kiva Campaign
• Call your banker to discuss financing options
• Call your landlord to discuss lease options

• People are your most valuable assets. Keep team morale high by being transparent and proactive,
• Understand how demand will impact you need for people, real estate, and equipment


The funding opportunities below are just a few of many available at this time. Please reach out to our Capital Access Manager, Katie Hendrix, for questions at

Small Business Stabilization Fund

The City of Chattanooga has announced the $2.5 million COVID-19 Small Business Stabilization Fund, dedicated to providing short-term working capital to businesses that are facing sudden and severe revenue shortfalls because of recent executive orders. The fund will be voted on at Chattanooga City Council and Industrial Development Board in the coming weeks. Click on the link to fill out an interest form to stay up-to-date and show your support of the fund.

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Kiva, a crowdfunding platform that allows entrepreneurs to raise money via lending, has now increased funding capacity to $15,000 with grace periods possible up to 6 months. Term lengths can be up to 36 months depending on borrowed amount. Please reach out to Katie Hendrix at if you have additional questions about criteria and applying.

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SBA Disaster Loan (EIDL)

Small businesses in Hamilton County can now apply for up to $2 million in disaster loan funding from the Small Business Administration. Please reach out to the TSBDC at (423) 756-8668 or Sarah Mattson at if you have additional questions about criteria and applying.

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SBA Paycheck Protection Program (PPP)

The Paycheck Protection Program from the SBA is a loan program designed to help businesses keep their workforce employed during the COVID-19 crisis. The loan is potentially 100% forgivable. Please consult a CPA, such as our partners at HHM, on choosing the best course of action for your business as it pertains to SBA opportunities.

Please click the button to access a document that is edited and updated daily by Chattanooga’s resource community with information pertaining to Emergency Funding Programs.



CO.LAB Office Hours

CO.LAB is continuing to offer free 1:1 Office Hours advising sessions virtually, which includes mentoring from professionals in the following fields: legal, HR, finance, marketing, and software.

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Chamber Webinars

The Chattanooga Area Chamber of Commerce has been producing webinar content around a variety of topics relevant to operating business during the COVID-19 crisis. Topics include SBA disaster loans, protecting your business financially, and more.

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Our partners at HHM are creating resourceful content for entrepreneurs to utilize during the COVID-19 crisis in the areas of finance and accounting, which includes webinars on topics including CARE Act updates and more.

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Proof Bar and Food Incubator

Our partner, Proof, is continuing to put together a list of resources for restaurant and consumer-packaged food and beverage companies.

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The Chattery

The Chattery is continuing to offer its classes online for those interested in learning about a wide variety of skills and topics. Classes in these upcoming weeks include pivoting your business online, bookkeeping for creatives, and more.

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1 Million Cups

1 Million Cups is a weekly gathering of our entrepreneurial community where each week a founder talks about a company, idea, or project. 1 Million Cups is continuing to meet virtually each Wednesday at 9 a.m.

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Daily Discussions

The Chattanooga Tourism Co. is hosting daily industry-specific discussions to provide a platform for partners to share questions, concerns, and resources. Calls happen each day at 2 p.m. virtually.

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City of Chattanooga

The City of Chattanooga has compiled a list of resources for small business owners on their Department of Economic Development webpage, Empower Chatt. Please visit the webpage for upcoming resources, including the pending COVID-19 Small Business Stabilization Fund (CSBSF).

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State of Tennessee

Please click the button below for resources put together by the state of Tennessee, including unemployment for employers and employees, department of revenue tax updates, and more.

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