CIRAS Survey: Business Impacts of COVID-19

MARCH 31, 2020 — As COVID-19 proliferates across our nation, the crisis continues to negatively impact our economy and spark concerns for the future for small- to medium-sized businesses. CIRAS, with a mission to enhance the performance of Iowa industry, has been conducting a phone survey so we can better understand the needs of Iowa companies and better connect them to appropriate resources.  

Here is what we’ve learned so far:  

 

Top takeaways from the survey: 

  • The majority of surveyed businesses are still operating at full capacity, but are concerned about their workforce, loss in revenue and supply chain in general. 
  • Most indicate they have plans to operate over the next 30 days but are concerned about uncertainty surrounding mandated shutdowns. 
  • Some are seeking help with hygiene best practices, PPE,and other HR challenges such as paid time off. 

CIRAS Helpline 

If your business is impacted by COVID-19, CIRAS can provide no-cost assistance to help you understand your next steps. CIRAS has set up teams to help companies with HR, supply chain, safety and other challenges. For help contact our helpline: ciras.info@iastate.edu or Shankar Srinivasan (515-290-6702, srigshan@iastate.edu).  

Additional informationwww.ciras.iastate.edu/COVID-19