This system triples help from the town with $12.4 million in grants and $50 million in zero to low curiosity loans.
“We particularly wish to goal these companies which are positioned in excessive want neighborhoods, which are operated by those that have had much less success accessing present packages, like companies owned by girls and other people of shade,” mentioned Mayor Breed.
It is a bit of hope for 2 Black girls in enterprise, boutique proprietor, Arlene Cook dinner, and coach and life coach, Lawanda Dickerson.
“Illustration is every little thing,” mentioned Dickerson, who says a grant would go a great distance in direction of retaining U3Fit, her Bayview health enterprise afloat. “I need assistance, I want my workers again, and I additionally must increase by means of know-how,” she mentioned.
Cook dinner mentioned through the pandemic, she has utilized for 40 completely different mortgage and grant packages to maintain her Richmond District clothes retailer open, however has solely been accredited for 3.
“I apply for every little thing and I hope that I get one thing. I would be glad if I received a greenback to be trustworthy with you,” she mentioned.
Cook dinner says she’s working at lower than 30% of regular and says she’ll apply for Breed’s new packages, however is not overly optimistic she’ll be accredited.
“There was already a folks of shade grant and there was already a girls of shade grant, and there is three girls of shade on Clement Avenue and none of us received any of it.”
“It is identical to you are chasing cash, it is such as you’re begging for it,” mentioned Cook dinner.
Breed’s aid plan nonetheless requires approval from the Board of Supervisors.
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