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Coronavirus Update: Helpful Resources

Quick access to the latest industry information, best practices, and tips to help you make informed event decisions
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Updated: March 31

Industry Advocacy: #EventsImpact


To our industry partners and friends:


Freeman was overwhelmed by the response to our email, press and social campaign last week!

Our focus is on three things, in order of priority: 1) take care of the people in our industry; 2) stabilize our businesses, and 3) accelerate the recovery for live events. The recently passed CARES Act goes a long way to helping businesses in the events industry accomplish the first two objectives. Much of what was included in the final bill directly benefits our industry, so thank you for your efforts. They mattered! Specifically, a few highlights:

Take Care of People:

  • Employee Retention Credit: the bill includes a refundable payroll tax credit for 50% of wages paid by employers with full or partial suspensions due to COVID-19.

  • Unemployment Assistance: the bill expands the definition of those eligible to claim unemployment, including individuals who are self-employed or independent contractors. Further, the bill provides for an additional unemployment benefit for up to four months.

Stabilize Business:

  • Loans and Grants: the vast majority—$454 billion—of the $500 billion in the Treasury’s Exchange Stabilization Fund will be accessible to events industry businesses, and not be set aside for direct lending (i.e., only for airlines).

  • Loans and Grants: $377 billion has been allocated to the Small Business Administration (SBA) to directly help small businesses (those with under 500 employees).

  • Tax Relief: employers can defer payment of their share of the Social Security tax over the next two years.

Further, the bill provides relief for individuals who qualify to include direct payments as well as changes in rules regarding access to retirement funds, charitable contributions, student loans, etc. It is impossible to fully capture the nuances of the 880-page final bill, which can be found here.

What's Next?

Events serve as a massive incubator for innovation and economic growth. While the Senate is not due to return until April 20, there is already talk of a Phase 4 bill that will focus on stimulus and recovery funding. The impact a Phase 4 bill could have in accelerating the economic recovery in the U. S. cannot be understated. We will need your help again — so stay tuned!






March 5 Freeman Webinar Resources


On March 5, Freeman hosted a live webinar featuring experts from the travel industry, employment law, and risk. The webinar focused on business continuity and insights on how Coronavirus is impacting our industry.



Additional Resources


Safety Precautions & Best Practices

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