Small Business Readiness for Resiliency
Developed in partnership with founding sponsor FedEx, the Small Business Readiness for Resiliency Program (R4R) is a multi-year initiative to support small businesses impacted by disasters.
Small businesses make up 99.9 percent of businesses in the United States. They play a vital role in job growth and growing local economies. Unfortunately, when a disaster occurs, an estimated 25 percent of small businesses do not re-open, according to FEMA.
The Small Business Readiness for Resiliency Program aims to empower small business owners to proactively mitigate the risks posed by disasters. Through planning, support, and resource guides, the program encourages small businesses to invest in readiness and resilience as essential business practices.
As natural disasters increase in frequency and intensity, taking proactive measures to develop preparedness and recovery solutions can determine whether a small business stays open or closes forever after a disaster strikes.
That's why the U.S. Chamber Foundation and FedEx have teamed up to create R4R. With additional support from Allstate, this program guides any interested small business in preparing for a disaster, and then offers quick-turn relief funding of $5,000 for those prepared businesses after a federal disaster declaration is made in their region.
The R4R program guides businesses through a four-step process to enhance their preparedness, starting with completing an Emergency Preparedness Checklist.
Small businesses serve as the economic engine of this nation. Yet, they are often the most vulnerable when disasters strike. It's estimated that 25% of businesses do not reopen following a major disaster. Developed in partnership with FedEx with support from Allstate, the Readiness for Resiliency Program (R4R) is a multi-year initiative to support small businesses impacted by disasters.
FedEx is proud to continue its long history of supporting small business resiliency and recovery. This multi-year commitment with the U.S. Chamber of Commerce Foundation allows us to contribute directly to small businesses that actively prepare for natural disasters.— Jenny Robertson, SVP, Integrated Marketing and Communications, FedEx
Allstate works to strengthen resilience to catastrophes through prevention, preparedness and risk reduction. With support from Allstate, the R4R program will help more small businesses prepare for and recover from disasters.
This month marks National Preparedness Month, which reminds us all to prepare for disasters and emergencies of all kinds. It’s especially pertinent this year as we face uncharacteristic and unpredictable weather patterns, with impacts of wildfires, hurricane season, and severe storms impacting communities across the U.S. and the globe.
The U.S. Chamber of Commerce Foundation, along with founding sponsor FedEx, announced the launch of the Small Business Readiness for Resiliency Program (R4R), to provide financial assistance to small business owners impacted by a natural disaster.