$20M Passes Board for Businesses; Supervisor Fletcher’s leveraged nearly $150M to Support Small Businesses, Non-profits and Employees during Pandemic

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Black & Magazine Newswire

Twenty million dollars in County of San Diego General Funds will be used to provide businesses impacted by the Purple Tier temporary economic relief. Today the Board of Supervisors supported Supervisor Nathan Fletcher and Chairman Greg Cox’s proposal during an emergency meeting.

The funding approved today is the latest in a series of actions spearheaded by Supervisor Fletcher during the coronavirus pandemic to make nearly $150 million in funding, along with support services available to owners of small businesses, nonprofits and their employees.

Supervisor Fletcher, Co-Chair of the County’s COVID-19 Subcommittee, released the following statement after today’s vote:

“These grants will provide vital economic relief to entities who have temporarily closed indoor operations to help slow the spread and stop the surge of COVID-19 cases in our county. This $20 million will enable gyms, restaurants, the event industry and other business entities affected by the Purple Tier to pay rent and mortgages, purchase equipment, pay employees and help them move their business activities outdoors.” 

The $20 million will be divided evenly between the five supervisorial districts — $4 million each — for distribution to applicants from their districts. The money distributed will be in the form of grants, which means businesses will not have to pay the money back. The types of businesses eligible to apply for are as follows:

  • Restaurants
  • Gyms and fitness centers, including yoga studios
  • Movie theaters
  • Museums
  • Zoos/Aquariums
  • Event Industry

All details about applying can be found at https://www.sandiegocounty.gov/content/sdc/stimulusgrant.html

The complete list of the nearly $150 million in funding, along with support services, Supervisor Nathan Fletcher has made available to owners of small businesses, nonprofits and their employees during the coronavirus pandemic is as follows:

  • $20 million to provide economic relief to businesses impacted by the Purple Tier closures. This was approved by the Board of Supervisors on November 25.
  • $56 million raised for San Diego COVID-19 Community Response Fund administered by The San Diego Foundation in collaboration to assist people struggling with food security, other essential living expenses, emergent needs, and rent and utility payments during the Coronavirus Pandemic. Learn more at sdfoundation.org/COVID19
  • $20.5 million of CARES Act money to support the County Relief Program for Small Businesses and Restaurants was created from an economic and humanitarian stimulus package for COVID-19 the Supervisor was able to pass. $4.1 million was distributed to District 4 businesses disproportionately underfunded or left out from securing traditional state and federal government COVID-19 relief.
  • Secured $10 million for Frontline Worker Childcare Vouchers during the pandemic.  The County gave $5 million of its CARES Acts funding and the City of San Diego agreed to match with another $5 million.
  • Secured $1 million to support YMCA Summer Camp operations and scholarships so children from low-income homes can have a place to go as parents get back to work.
  • The San Diego County COVID-19 Small Business & Nonprofit Loan Program was launched by Supervisor Fletcher in collaboration with The San Diego Foundation, Mission Driven Finance, Accion Serving Southern California, the San Diego & Imperial Small Business Development Center Network, and the California Southern Small Business Development Corporation.  Ten million — $5 million from the County and $5 million from the San Diego Foundation — was raised.  It is unique because it is structured to use a combination of subordinated funds and state guaranteed funds up-to $30 million to provide financial relief to small businesses and nonprofit organizations in the County who are struggling as a result of the coronavirus pandemic. Learn more at https://sandiegosbnlp.org/
  • Partnered with the San Diego & Imperial Small Business Development Center (SBDC) Network to establish the SBDC Businesses Adapting to the New COVID-19 Environment with $1.7 million in funding from the US Small Business Administration (SBA) and the California Governor’s Office of Business and Economic Development (Go-Biz.), to educate, communicate, and assist San Diego County small business owners with navigating requirements related to the COVID-19 pandemic as they reopen. Assistance includes free online training (live and recorded) and free one on one mentoring and advice. Learn more at https://www.sdivsbdc.org/adaptsd/
  • Infused $3.2 million in County Neighborhood Revitalization Program and Community Enhancement Program grants into the region to support COVID-19 response and recovery.

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