City of San Leandro Launches Business Continuity Grant Program for Small Businesses Impacted by COVID-19
San Leandro Mayor Pauline Russo Cutter and the City Council is announcing the Small Business Continuity Grant Program that provides up to $5,000 to small businesses to help them continue operations during the COVID-19 public health emergency.
The objective of this program is to offer financial assistance to small businesses and independent restaurants located within incorporated San Leandro to aid in maintaining their business operations and workforce. This program provides relief to small businesses that demonstrate negative impacts as a result of the COVID-19 shutdown with a one-time capital infusion of up to $5,000.
“It’s important to remember that thriving local businesses are very important to the vitality of our community. Not only do they provide jobs for so many of our residents, they also help fund important local services through the collection of sales tax and other fees” noted Mayor Cutter. “And right now many of our small businesses are being severely impacted by the coronavirus and related public health orders. With this new program, the City is investing directly in our small businesses to help keep them afloat as we navigate this situation together as a community.”
Eligible businesses are those with at least one employee (not including the owner) and no more than 25 employees. Businesses must be able to demonstrate at least a 50% reduction in revenues due to COVID-19. Businesses must also be in good standing with the City of San Leandro. Priority will be given to businesses experiencing the greatest economic loss, including those in the retail, service, and restaurant sectors. Examples of relevant impacts could include those stemming from mandated closures or operational impacts associated with social distancing or other public health mandates that remain in effect.
The City of San Leandro’s Economic Development Division currently administers a City Council-approved Business Improvement Incentive Program designed to attract new businesses and help others expand in San Leandro. In order to address the economic crisis resulting from COVID-19 and the Alameda County Public Health Order for sheltering in place, the City is reprogramming $250,000 of the Business Incentive funding this fiscal year through the new to COVID-19 Small Business Continuity Grant Program.
The deadline for applications is 5:00 pm on Monday, April 27, 2020. Late applications will not be considered. After applications are received, City staff will review and assess them for completeness and then prioritize grantees based on demonstrated need. This review period will be determined based upon the number of responses received.
All questions and applications may be directed to firstname.lastname@example.org.