iHeart Helps Small Businesses

• iHeartMedia has launched the Small Business Crisis Resource, a companywide initiative to help local small business owners easily find available benefits and resources during the COVID-19 pandemic. Small Business Crisis Resource serves as a centralized source for small business owners and includes a weekly iHeart Small Business newsletter and a website providing critical information on the Federal stimulus package, up-to-date small business news, state by state resources, links to top business-focused podcasts and more — all in one place — iHeartRadio.com/SmallBusiness and SmallBusinessCrisisResource.com.

Small business owners also have the opportunity to sign up for special webinars, kicking off Monday, May 4 featuring iHeartRadio’s Elvis Duran, who will join senior officials from the U.S. Small Business Administration (SBA) to discuss ways small businesses can find assistance and vital information during this unprecedented time. The webinar will also include a Q&A session. Register online.

In March, the U.S. government approved a historic $2 trillion stimulus package that includes $376 billion in relief for small businesses. However, it can be challenging for many small business owners to understand the key details of the stimulus package, including eligibility requirements. Small Business Crisis Resource helps these business owners know exactly what they must do in order to apply for Paycheck Protection Program loans and additional support from the U.S. government.

iHeartMedia is also offering local business owners bonus media incentive opportunities and extended payment terms to help with their advertising and marketing “re-opening” strategy. “At iHeart, our focus continues to be about serving our local communities, including the small businesses that support many residents,” said Hartley Adkins, COO of iHeartMedia Markets Group. “We also know that studies show business owners look to radio as their trusted news source more than any other medium, so we want to do everything we can to ensure that these businesses have the important information they need to survive and get through this pandemic as best they can.”