NEWS

New Fund launches for small businesses

New Fund launches for small businesses

(April 13) Mayor Kevin L. Faulconer and Council President Pro Tem Barbara Bry announced today more than $300,000 in private donations to kick start a new partnership that will expand the City’s Small Business Relief Fund and encourage more community support for small businesses as the demand for economic relief rises. 

“Small businesses are the backbone of our local economy, and these businesses need our support more than ever,” Mayor Faulconer said. “With the help of generous corporate partners and San Diegans alike, we are expanding our Small Business Relief Fund to keep more businesses afloat during these turbulent times.”

Cal Coast Credit Union, GoFundMe and Qualcomm have each contributed $100,000 to launch a new initiative between the City, Cal Coast Cares Foundation and San Diego Grantmakers to encourage corporate partners and individual San Diegans to donate to the Small Business Relief Fund. The fund was created at Mayor Faulconer’s urging to provide grants and micro loans to small businesses impacted by the COVID-19 pandemic.

“Cal Coast is honored to partner with the City of San Diego to help local small businesses that are struggling with the fallout from the pandemic,” said Todd Lane, president and CEO of California Coast Credit Union. “Our community thrives when small businesses thrive. As the longest serving financial institution in San Diego and the City’s financial partner, this relief fund is another way for us to continue giving back to the people, businesses and communities we serve.”

The announcement comes less than two weeks after thousands of business owners flooded the City’s website to apply for economic assistance made possible through the Small Business Relief Fund. More than 9,000 small businesses submitted applications for economic relief recently. The funds raised through this partnership will supplement the City’s contribution of more than $6 million.

Corporate partners and San Diegans are encouraged to make a contribution in any amount to the Cal Coast Cares Foundation (https://www.calcoastcu.org/cal-coast-cares-foundation.htm) and the funds will be distributed to small businesses in partnership with SD Grantmakers. The Cal Coast Cares Foundation is making its online giving platform available at no charge so 100 percent of the money collected goes to eligible businesses in need. San Diego Grantmakers will evaluate unfunded grant applications and administer the funds on behalf of Cal Coast Cares Foundation, in partnership with the City.

GoFundMe, the online philanthropy platform founded in San Diego, will amplify the initiative on its site to increase awareness and encourage more giving. Deloitte has contributed $25,000. Sweep, a local scooter management company with just 25 employees, has pledged $500 per month for a year. Chatmeter, another local small business, has also contributed $1,000.

“In times like these, philanthropic efforts lift up the generosity of our region,” said San Diego Grantmakers President and CEO Debbie McKeon. “San Diego Grantmakers is thankful for the Mayor’s leadership in launching San Diego’s small business grant fund, such a critically important initiative. We are honored to join in support of small businesses, especially in communities most impacted, as they are essential to recovery efforts.”

The joint effort allows the City to expand the eligibility criteria for businesses who would otherwise not have been eligible under the City’s initial program due to stringent state and federal requirements. This new program will honor the eligibility criteria with several new options to allow relief for entrepreneurs and sole proprietors without employees.

The Small Business Relief Fund was created to provide certainty and offer support to local employers to sustain operations, retain employees and address unforeseen reductions in consumer demand and production. Financial assistance for the new program will range from $1,000 to $10,000 and will be allocated to eligible small businesses based on the availability of funds and program guidelines. To be eligible, businesses must meet the following requirements:

• Employ less than 100 Full-Time Equivalent employees or independent contractors

• Have a City of San Diego Business Tax Certificate

• Provide documentation that shows the business has been operational for at least 6 months

• Provide proof of economic hardship due to COVID-19

• Not have engaged in any illegal activity per local, state or federal regulations

“It has always been our mission as a company to go the extra mile for this city. We believe that given the current trials facing San Diego and our world today it is more important than ever to honor this commitment,” said Sweep CEO Rich Branning. “In this spirit, Sweep has decided to pledge a monthly donation for the next year to the San Diego Small Business Fund to provide financial aid to small businesses during this crisis. San Diego is built on the backs of these great small businesses. Stay strong, San Diego!” 

122 thoughts on “New Fund launches for small businesses”

  1. It’s awesome to pay a visit this site and
    reading the views of all mates about this article, while
    I am also keen of getting know-how.

  3. I wanted to thank you for this great read!! I absolutely enjoyed every bit of it.
    I’ve got you book marked to check out new things you post…

  5. Does your site have a contact page? I’m having a tough time locating it but,
    I’d like to send you an email. I’ve got some
    suggestions for your blog you might be interested in hearing.
    Either way, great site and I look forward to seeing it grow over time.

  6. When someone writes an piece of writing he/she maintains the idea of a user
    in his/her mind that how a user can understand it. Thus that’s why this paragraph
    is great. Thanks!

  7. Someone necessarily help to make seriously articles I’d state.
    That is the very first time I frequented your website page and
    to this point? I surprised with the research you made to create this particular put up incredible.
    Magnificent task!

  8. That is really attention-grabbing, You’re an excessively skilled blogger.
    I have joined your feed and sit up for in the hunt for extra
    of your excellent post. Also, I have shared your web site in my social networks

  9. Definitely consider that which you said. Your favourite justification seemed to be at the web the easiest thing to take into accout of.
    I say to you, I certainly get annoyed while people consider worries that they plainly don’t realize about.

    You managed to hit the nail upon the highest and also defined out the whole thing without having side-effects
    , other folks could take a signal. Will probably be again to get more.
    Thank you

  10. When someone writes an paragraph he/she retains the image of a
    user in his/her mind that how a user can know it. So that’s why this post is outstdanding.
    Thanks!

  11. I like the helpful information you provide to your articles.
    I will bookmark your weblog and take a look at again right here regularly.
    I am quite sure I will be told many new stuff right right here!
    Best of luck for the next!

  12. I used to be recommended this blog by means of my cousin.
    I’m no longer certain whether or not this put up is written by him as nobody
    else understand such unique approximately my problem.
    You’re amazing! Thank you!

  14. It’s perfect time to make some plans for the future and it’s time to be happy.
    I’ve read this post and if I could I want to suggest you some interesting things or tips.
    Maybe you could write next articles referring to this article.

    I desire to read even more things about it!

  15. The other day, while I was at work, my sister stole my apple ipad and tested to see if it can survive a 30
    foot drop, just so she can be a youtube sensation. My apple ipad
    is now broken and she has 83 views. I know this is completely off topic but I had to
    share it with someone!

  16. I am sure this post has touched all the internet users, its really
    really fastidious piece of writing on building up new web site.

  17. Hi there! Would you mind if I share your blog with my
    myspace group? There’s a lot of people that I think would really enjoy your content.
    Please let me know. Thanks

  19. Thanks for a marvelous posting! I genuinely enjoyed reading
    it, you can be a great author.I will make
    sure to bookmark your blog and will often come back later on. I want to encourage
    you to ultimately continue your great posts, have a nice evening!

  21. I am curious to find out what blog system you happen to be utilizing?
    I’m having some minor security issues with my latest blog
    and I would like to find something more secure.
    Do you have any suggestions?

  22. Post writing is also a excitement, if you be familiar with after that you can write or else it is difficult to write.

  23. It’s an amazing post in support of all the web people;
    they will obtain advantage from it I am sure.

  24. Thank you for sharing your thoughts. I truly appreciate your efforts
    and I am waiting for your further post thank you once again.

  25. Thank you for every other informative website.

    The place else may just I get that type of information written in such an ideal means?
    I have a project that I am just now working on, and I’ve been on the glance out for such info.

  26. Hi there, I discovered your site by means of Google whilst searching for a related matter, your
    web site came up, it seems good. I have bookmarked it in my google bookmarks.

    Hi there, simply turned into alert to your blog through Google, and found that it’s
    really informative. I am going to be careful for brussels.
    I will be grateful for those who proceed this in future.
    Many people can be benefited out of your writing. Cheers!

  30. I do consider all of the concepts you’ve presented to your post.

    They’re very convincing and can definitely work.

    Still, the posts are too quick for newbies. Could you please lengthen them a little from next time?
    Thanks for the post.

  31. Does your site have a contact page? I’m having
    problems locating it but, I’d like to send you an e-mail.
    I’ve got some recommendations for your blog you might be
    interested in hearing. Either way, great site and I look
    forward to seeing it develop over time.

  32. Right here is the perfect webpage for everyone who wishes
    to understand this topic. You know so much its almost tough
    to argue with you (not that I really will need to…HaHa).
    You definitely put a fresh spin on a topic which has been written about for decades.
    Wonderful stuff, just wonderful!

  34. Generally I do not read article on blogs, but I wish to say
    that this write-up very forced me to check out and do it!
    Your writing style has been amazed me. Thank you, very nice post.

  37. I loved as much as you will receive carried out right here.
    The sketch is attractive, your authored subject matter stylish.
    nonetheless, you command get bought an edginess over that you wish be delivering the following.
    unwell unquestionably come further formerly again as exactly the same nearly a lot often inside case you shield this increase.

  38. You really make it seem so easy along with your presentation but I find
    this matter to be actually one thing that I think I might by no means
    understand. It sort of feels too complex and extremely huge
    for me. I am looking forward on your subsequent put up, I’ll attempt to
    get the hang of it!

  39. Јust desire to say your article is as amazing. The clarity in ʏour posxt is simply excellent and i can aѕssume you are an expert on thgis subject.

    Well wih youur permission let me to grab your feed tto keep upⅾated with forthcoming post.
    Thanks a million and please keepp up the
    enjoyable work.

  40. Іt’s hard to com by knowledgeable peoplle on this topіc, but you sound
    liоke yoᥙ know what you’re talking about! Thanks

  44. Greetings! Very helpful advice within this article!
    It is the little changes that make the largest changes.

    Many thanks for sharing!

  52. І ᴡass wondering if you everr thought of changing
    the structure of your website? Itѕ vеry well written; I love what youve got
    to sɑy. But maybe you could a little more in the way of content so peoρle couyld connect
    ѡith it better. Youve got an aᴡful lot of text for only һaving 1 or 2 pіctures.
    Maybe you could space it out better? https://kchurchofchrist.com/board_NlmM07/7735314

  53. Undeniably bｅlieve that which you said. Your favorite reason appeared too be on thе neet the simplest thing too
    be aware of. I ssay to you, I definitely get irked while people think about wrries
    that they plainly do noot know about. You managed to hit the nail upon the top aand defined out the
    wһole tһing without having siode effｅct , people cann
    tkе a signal. Will likely be Ьack to ցet more. Тhanks http://soho.naverme.com/info/6221964

  56. Hurrah, that’s what I was searching for, what a information! present here at this weblog, thanks
    admin of this web page.

  62. I’ve been browsing online more than 3 hours today, yet I never found any interesting article like
    yours. It’s pretty worth enough for me. Personally, if all web owners and bloggers made good content as you did, the internet will be much more useful than ever before.

  63. I’m extremely impressed with your writing
    skills as well as with the layout on your weblog. Is this a paid
    theme or did you customize it yourself? Either way keep up the excellent quality writing, it’s rare to see a great blog
    like this one these days.

  67. Great site you have here but I was wondering if you knew of any
    user discussion forums that cover the same topics
    talked about in this article? I’d really love to be a part
    of community where I can get opinions from other knowledgeable people that share the same interest.
    If you have any recommendations, please let me know. Appreciate it!

  70. you’re truly a just right webmaster. The web site
    loading velocity is incredible. It sort of feels that you’re doing any unique
    trick. In addition, The contents are masterwork. you have done a
    wonderful task in this matter!

  71. Great items from you, man. I’ve understand your stuff
    prior to and you are simply extremely fantastic. I actually like what you’ve acquired right here, certainly like what you are saying and the way in which by which
    you say it. You make it enjoyable and you still take care of to keep it smart.
    I can not wait to learn far more from you. This is actually a great web site.

  74. Remarkable things here. I am very happy to see your article.
    Thank you so much and I am looking ahead to touch you.
    Will you please drop me a e-mail?

  76. I’ve been surfing online more than three hours today, yet I never found any interesting article like
    yours. It is pretty worth enough for me. Personally,
    if all webmasters and bloggers made good content as you did, the web
    will be a lot more useful than ever before.

  77. Usually I do not read post on blogs, but I wish to say that this write-up
    very forced me to check out and do it! Your writing taste has been amazed
    me. Thanks, quite nice article.

  78. you’re truly a good webmaster. The web site loading velocity is incredible.
    It kind of feels that you’re doing any unique trick.

    Furthermore, The contents are masterwork. you have done a magnificent job in this topic!

  79. Heya i am for the first time here. I came across this
    board and I find It really useful & it helped me out much.

    I hope to give something back and help others
    like you helped me.

  82. I absolutely love your blog and find many of your post’s to
    be just what I’m looking for. Does one offer guest writers to write
    content for you personally? I wouldn’t mind composing a post
    or elaborating on some of the subjects you write with regards to here.
    Again, awesome web site!

  83. I was wondering if you ever considered changing
    the structure of your site? Its very well written; I
    love what youve got to say. But maybe you could a little more in the
    way of content so people could connect with it better.

    Youve got an awful lot of text for only having 1 or two images.
    Maybe you could space it out better?

  85. Fantastic items from you, man. I’ve have in mind your stuff
    previous to and you are simply extremely excellent.
    I really like what you’ve received here, really like what you’re saying and
    the best way through which you are saying it. You
    are making it enjoyable and you still take care
    of to keep it sensible. I can’t wait to read far more from you.
    This is really a tremendous site.

  86. I know this website offers quality dependent posts and other stuff, is there any other website which
    gives such information in quality?

  88. whoah this blog is magnificent i really like reading
    your posts. Keep up the good work! You recognize, a lot of people are hunting round for this information, you can help them greatly.

  90. I do not know whether it’s just me or if everyone else encountering problems with your
    site. It seems like some of the written text in your content are running off the screen. Can someone else please comment
    and let me know if this is happening to them as well?
    This could be a issue with my browser because I’ve had this happen previously.
    Thanks

  92. Hey there! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying
    to get my blog to rank for some targeted keywords but I’m
    not seeing very good results. If you know of any please share.
    Kudos!

  94. Excellent goods from you, man. I’ve understand your stuff previous to and you’re just too excellent.
    I really like what you have acquired here, really like what you are saying and the way in which you say it.
    You make it entertaining and you still care for to keep it wise.
    I can not wait to read much more from you.
    This is actually a wonderful web site.

  95. Does your site have a contact page? I’m having trouble locating it but, I’d like to shoot you an e-mail.
    I’ve got some ideas for your blog you might be interested in hearing.
    Either way, great website and I look forward to seeing it develop over time.

  96. Hmm is anyone else experiencing problems with the images
    on this blog loading? I’m trying to figure out if its a problem on my end or if it’s the blog.
    Any feedback would be greatly appreciated.

  98. I’ve been exploring for a bit for any high quality articles or blog posts on this kind of house .
    Exploring in Yahoo I at last stumbled upon this website.
    Reading this info So i am happy to show that
    I’ve an incredibly just right uncanny feeling I found out just what I needed.
    I so much no doubt will make certain to don?t disregard this web site and provides it a glance on a continuing basis.

  99. If some one desires to be updated with latest technologies therefore he
    must be pay a visit this site and be up to
    date all the time.

  100. Howdy! Someone in my Facebook group shared this website
    with us so I came to look it over. I’m definitely enjoying the information. I’m book-marking and will be
    tweeting this to my followers! Wonderful blog and fantastic design.

  101. I know this site provides quality dependent posts and additional material,
    is there any other web page which offers such things in quality?

  102. If ѕome one ԝants excpert view ⅽomcerning blogging and
    site-building then i advise him/her to visit this website, Keep up the fastidiouѕ work.

  103. һey there and tһank you for your inforfmatіon – I’ve certainly picked up anything
    new from right here. I dіd howeveг еxpertise a few technical ρoints ᥙsing
    tthis weƄsite, since I experienced to reload the wｅbsіte many times previous to I coᥙld get it
    tߋ load properly. I had been wondering if your weƅb
    host iѕ OK? Not that I’m complaining, but sluggish loading instances tіmmes will oftten affect your plаcement in goօgle and can damage your high quality score if ads and
    marketing witһ Adwords. Anyway I’m adding thi RSS tto
    my e-mail and could look out foor much moгe of ylur respective exciting content.
    Make sure you update this again very soon.

  104. Ꭼverything is very open with a precise explanation of the
    challenges. It was really informative. Your website is
    useful. Μany thanks for shaгing!

  105. Јust want to ѕay yoսr article is as surprіsing.
    Thｅ clarity in your post is just greawt and that i can suppose you’re knowledgeable on this subject.
    Well along with yor permission let me too take hold of your feeԀ to keep updated with forthcoming post.
    Thank ʏou ⲟne milliоn and please carrʏ oon the еnjoyable work.

  106. Magnificent gooԁs from you, man. I’ve understand
    youur stuff ρrevious to and you are just extremely excellent.
    I realⅼy lіkｅ what you’ve acquired here, reaⅼly like
    what you’re stating and thhe ԝay in which you sayy it.
    You make it ｅntertaining and you still take care of tto
    keep it smart. I cаnt wait to read farr more from yօu. This is acruɑlly а terrific site.

  114. I have been explⲟring for a little foг any high quality articles or weblog posts in this sort of house .
    Explⲟring in Yahoo I eventually stumbleɗ upon this web site.
    Reazding thіs info So i am satisfied to convey
    that I’ve an incredibly just right uncnny feelong I came upon just what I
    needed. I such a lot no doubt wwill mаke certain to
    don?t disregaｒd this web sit and give it a look on a relentless basiѕ.

Leave a Reply

Your email address will not be published. Required fields are marked *