DEPARTMENT: Economic Development
DEPARTMENT HEAD: Alejandra Lopez
COUNCIL DISTRICTS IMPACTED: City-wide
SUBJECT:
Update on the COVID-19 Community Recovery and Resiliency Plan regarding the Small Business Support and Workforce Development Pillars.
SUMMARY:
This item provides an update on the status of the implementation of the Small Business Support and Workforce Development Pillars and their associated strategies included in the COVID-19 Community Recovery and Resiliency Plan that was approved by City Council on June 4, 2020.
BACKGROUND INFORMATION:
City Council approved the COVID-19 Recovery and Resiliency Plan on June 4, 2020. The Plan was developed around the five Guiding Principles of: 1) Public Health and Safety; 2) Equity; 3) Braided Funding; 4) Community Resilience and 5) Well-being.
The strategies associated with this Plan are categorized into four pillars: Workforce Development, Housing Security, Small Business Support, and Digital Inclusion. Each of the four pillars was assigned to a City Council Committee, which will review the implementation plans for each strategy in their assigned pillar. The Economic and Workforce Development Committee will review the Workforce Development and Small Business Support Pillar strategies.
The strategies included in the Small Business Pillar are:
* Financial support for micro businesses via grants ranging up to $75,000 for businesses with 20 or less employees;
* Financial support for on-the-job training opportunities for small businesses with 500 employees or less;
* Provision of protective equipment and safety supplies for micro businesses;
* Door-to-door engagement with up to 5,000 micro businesses;
* Support for virtual and place-based financial recovery and resilience resource hubs for small businesses;
* Financial support for artists and arts nonprofit organizations.
The strategies included in the Workforce Development Pillar are:
* Workforce training and support services with a focus on high de...
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