We are part of a historic pandemic and many lives have been tragically lost. We have also experienced lost moments of embracing loved ones, loss in business, and the loss of normalcy. As I write this, our business community is conscientiously moving toward re-opening. Restaurants are inviting patrons to dine-in, retailers are unlocking their front doors and some office workers are preparing to return to their office buildings. We are doing so with a heightened awareness of the importance of following CDC guidelines for health and safety, and of our responsibility and duty to protect each other.
...In a world that seems full of the word can’t, the Chamber is focusing on can.
In a world that seems full of the word can’t, the Chamber is focusing on can. The Greater Sioux Falls Chamber of Commerce, along with partner organizations, is digging in with the launch of “Spark Sioux Falls.” This initiative will work diligently to reignite a robust economy and maintain our high quality of life in the region. Working together we will serve as a catalyst for quicker economic recovery, while being purposeful in shaping our future and embracing next-generation opportunities.
Many of us have utilized the Paycheck Protection Program (PPP) to help us through these unprecedented times. The IRS recently indicated there will be no deduction for PPP loan expenditures, which results in PPP loan forgiveness producing taxable consequences for our businesses. Upon learning of this, the Chamber quickly advanced advocacy efforts to curtail this tax ramification. At the time of this writing, Senator Thune is set to co-sponsor legislation that will fix this problem and has support from Senator Rounds and Representative Johnson. The Chamber’s can attitude and efforts should result in tremendous tax savings for our businesses at a critical time for all of us.
Just like your business, the Chamber has reinvented how business is done. Chamber Mixers are now virtual networking events. We had an unbelievable turnout, but if you missed our last one, mark your calendar for the next one! The Chamber has also moved Business Sense Workshops online. Maybe we can’t shake hands anymore, but we can still come together to enhance our business relationships, take this time to work on our business instead of just in it, and build our opportunities.
In this historic time, we will be the authors of how our future is written. Rest assured that the Chamber is looking at what can be done today with an eye to innovation and shaping our future. We have an opportunity to come out of this pandemic with others wanting to move here and start their business here. And for those of us already here, to flourish even more in the greater Sioux Falls region. Your membership and commitment shape and enable this. Thank you for your support of the Greater Sioux Falls Chamber of Commerce. Your commitment truly makes a difference.
Proud to be a Chamber member,