The SVO advocated in favor of San Jose Mayor Sam Liccardo's Budget Message, which addresses various aspects of Economic Development. The Budget narrowly passed on a six to five vote.
We are driven by the fundamental belief that when businesses succeed, our community thrives! We are a convener of leaders and influencers. A catalyst for business growth, and a champion for a stronger community.
Meriwest, one of Silicon Valley’s Premier Credit Unions sponsored grants through the Federal Home Loan Bank to support projects of two Community Based Nonprofits. The Credit Union also provided additional support to local charities to assist them in meeting the needs of their clients during the pandemic. Meriwest sponsored a grant of $1,055,000.00 for CityTeam San Jose through the Federal Home Loan Bank’s Affordable Housing Program. This project will renovate an existing transitional housing and emergency shelter for homeless and low income residents. It will also provide meals and improve the financial mobility of residents through financial educational workshops.
Outdoor Dining, Personal Care Services, and Professional, Collegiate, and Adult and Youth Sports May Resume with Required Modifications; Mandatory Travel Quarantine Remains in Place.
November 30, 2020 Governor Newsom announced the following immediate support and relief: 1.) Tax Relief for Businesses Impacted by COVID-19 2.) $500 Million for New COVID Relief Grant for Small Business 3.) Increase Funding for the California Rebuilding Fund by $12.5 million.
Awesome San José is pleased to announce that the Fall Grant winner is San José Strong’s Queer Homecoming. San José Strong received our $1,000 grant on November 10th and the grant money will be used to help fund the Queer Homecoming event. San José Strong’s Queer Homecoming will be streaming online on November 21st, and will feature an array of local comics, drag performances and more.
Starting November 20, 2020 Governor Newsom launched the California Rebuilding Fund, which includes non-forgivable loans for micro-business owners backed by the iBank at 4.25%. The California Rebuilding Fund is a loan program to support California’s small businesses—especially those located in economically disadvantaged and historically under-banked areas of the state. Businesses who employed 50 or less full-time equivalent employees (FTEs) and had gross revenues of less than $2.5 million or below in 2019 are eligible to apply. Full eligibility requirements are included in the Business Requirements tab.