Nearly $ 29 million approved for funding for Sacramento business owners

0


[ad_1]

As the state recovers from last year’s shutdowns, a silver lining still shines on Sacramento business owners. to do so, so we are now in that moment in time where those who weathered this existing storm now have the opportunity to continue to stay focused, to stay open, ”said Amanda Blackwood, President and CEO of the Sacramento Metro Chamber of Commerce. While some businesses are still closing their doors, Sacramento City Council approved $ 29 million in American Rescue Plan Act (ARPA) funding to support local businesses still surviving the pandemic. Business closures are particularly sad. “It’s heartbreaking to see many community restaurants – especially local restaurants – closing. It’s just heartbreaking,” Taddesa said, adding that although there is help, it should be distributed first. to the most vulnerable. ARPA’s funding includes $ 3.5 million for the Sacramento Inclusive Economic Development Collaborative – which works to meet the needs of minority small businesses. Learning more about this type of help makes Kelley Ashe happy, saying the loans have kept her business afloat. “I am truly grateful for the opportunity Sacramento has given small businesses like me to stay established downtown – in the heart of Sacramento,” said Ashe. The funds will be available for distribution to businesses throughout the entire city of Sacramento, although details of this distribution of funds are still being expected by Sacramento City Council.

As the state recovers from last year’s shutdowns, a silver lining still shines on Sacramento business owners.

Leer in spanish

“We’ve seen job losses, especially in retail and hospitality. You know, a lot of our restaurants just couldn’t make it happen, so now we’re at a time when those who have. weathered this existing storm now have some opportunity to continue to stay focused, to stay open, ”said Amanda Blackwood, President and CEO of the Sacramento Metro Chamber of Commerce.

While some businesses are still closing their doors, Sacramento City Council approved $ 29 million in American Rescue Plan Act (ARPA) funding to support local businesses still surviving the pandemic.

Zion Taddesa, owner of Queen Sheba Restaurant, says seeing small businesses shut down is particularly sad.

“It’s heartbreaking to see a lot of community restaurants – especially local restaurants – closing. It’s just heartbreaking,” Taddesa said, adding that while there is help, she should first be distributed to the most vulnerable.

ARPA’s funding includes $ 3.5 million for the Sacramento Inclusive Economic Development Collaborative, which works to meet the needs of minority small businesses.

Learning about this kind of assistance makes Kelley Ashe happy, saying the loans have kept her business afloat.

“I am truly grateful for the opportunity Sacramento has given small businesses like me to stay established downtown – in the heart of Sacramento,” said Ashe.

The funds will be available for distribution to businesses throughout Sacramento City, although details of this fund distribution are still being planned by Sacramento City Council.

[ad_2]

Leave A Reply

Your email address will not be published.