Continuing to take steps to provide relief to San Diegans affected by COVID-19, Mayor Kevin L. Faulconer announced that resources made available to San Diego small businesses will now top $20 million following the mayor\u2019 decision to direct $13 million in federal CARES Act funding to help small businesses get back on their feet.
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\n“Small businesses are the lifeblood of San Diego\u2019s economy and they need our help now more than ever,” Faulconer said. “The Small Business Relief Fund has delivered financial assistance to hundreds of businesses so far, and the work has only just begun. This new funding will go to even more businesses as they plan for the reopening of our economy.”
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\nThis week, Faulconer released a revised fiscal year 2021 budget proposal that prioritizes federal CARES Act stimulus funds for small businesses, homeless services, and childcare for frontline workers. The proposal calls for using approximately $13 million for small business relief.
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\nCreated in March by Faulconer, the City\u2019s Small Business Relief Fund provides loans and grants to help local employers sustain operations, retain employees, and address reductions in consumer demand. More than 10,000 business owners submitted applications for relief during the first few weeks, far exceeding the initial resources available. The mayor has since grown the fund as part of a broader economic relief package and announced additional private contributions from corporate donors and generous San Diegans. \u00a0
\nFinancial assistance made available through the fund ranges from $2,500 to $10,000 and will be allocated to eligible small businesses based on the availability of funds and program guidelines. The City is broadening eligibility criteria to allow more businesses to qualify. To be eligible, businesses must: \u00a0 \u2022 Employ less than 100 full-time equivalent employees; \u2022 Have a City of San Diego Business Tax Certificate; \u2022 Provide documentation that shows the business has been operational for at least six months; \u2022 Provide proof of economic hardship due to COVID-19; \u2022 Not have engaged in any illegal activity per local, state or federal regulations. \u00a0
\nTogether with the Cal Coast Cares Foundation and San Diego Grantmakers, the City has awarded more than 200 businesses with grants and loans. The evaluation of applications and distribution of funds is ongoing. The deadline to submit applications for economic relief has closed and the funds announced today will be made available to businesses who have already applied. The City Council will consider this proposal in the coming weeks.
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\n“The response to the Small Business Relief Fund has been overwhelming,” said Christina Bibler, the City\u2019s Economic Development director. “The additional funds will help so many small businesses throughout the City of San Diego to continue to operate during this uncertain economic time.”
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\nPuede encontrar m\u00e1s informaci\u00f3n sobre la orden "Qu\u00e9dese en casa" del estado de California, incluido lo que est\u00e1 cerrado, lo que est\u00e1 abierto y qu\u00e9 industrias est\u00e1n exentas por el estado en el sitio web de respuesta de California Covid-19.
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\nFor information regarding COVID-19 cases and directives from the County of San Diego public health officials, visit\u00a0coronavirus-sd.com.
\n\u00a0Para obtener las \u00faltimas actualizaciones operativas de la Ciudad y los pasos que el p\u00fablico puede tomar para ayudar a reducir la propagaci\u00f3n de la enfermedad, visite sandiego.gov\/coronavirus.<\/p>","protected":false},"excerpt":{"rendered":"
Continuing to take steps to provide relief to San Diegans affected by COVID-19, Mayor Kevin L. Faulconer announced that resources made available to San Diego small businesses will now top $20 million following the mayor\u2019 decision to direct $13 million in federal CARES Act funding to help small businesses get back on their feet. \u00a0 […]<\/p>","protected":false},"author":726,"featured_media":256485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"11560","_seopress_titles_title":"San Diego\u2019s Small Business Relief Fund to top $20 million","_seopress_titles_desc":"","_seopress_robots_index":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[12360,11560,11551],"tags":[],"class_list":["post-265635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-duplicate","category-la-jolla-village-news","category-news"],"_links":{"self":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts\/265635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/users\/726"}],"replies":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/comments?post=265635"}],"version-history":[{"count":0,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts\/265635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/media\/256485"}],"wp:attachment":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/media?parent=265635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/categories?post=265635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/tags?post=265635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}