Newsletter
July 2020 Highlights
The mission of The Valley Economic Alliance is to engage and unite Valley stakeholders to raise standards of living and economic vitality across the San Fernando Valley.
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San Fernando Valley Rising Strong Buy
Local Campaign
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Presented with support from Wells Fargo and the San Fernando Valley Business Journal.
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The SBA Paycheck Protection Program has re-opened and will be accepting applications through August 8.
This loan is forgivable if certain criteria are met. Information is available at
SBA.gov.
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Los Angeles County is offering a $3 million grant fund for microenterprises, small businesses and nonprofits.
Administered by LISC LA, the fund offers grants of $5,000-15,000, loans, and technical assistance. The next application period will be July 20-24.
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Valley Works Virtual Career Fair
Wednesday, September 16, 2020
11:00 AM - 3:00 PM
Employers seeking qualified employees are urged to register for Valley Works, a virtual career fair and workforce development program designed to connect you to local job seekers. For more information, visit
TheValley.net/ValleyWorks.
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In response to the COVID-19 pandemic, BizFed and the BizFed Institute have partnered with all 39 State Senators and Assemblymembers representing Los Angeles County, the Hospital Association of Southern California (HASC), and Service Employees International Union (SEIU) Los Angeles Locals to mass mobilize the collection and donation of much needed personal protective equipment (PPE) supplies to protect frontline workers.
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Governor Newsom has announced the re-closure of indoor operations of additional businesses statewide and added counties to the more strict guidelines of the "County Monitoring List." Citing the continued rise in COVID-19 cases as the concern, the following order has been issued:
T
here are now 30 counties on the County Monitoring List, including Los Angeles. Any county that remains on the list for a period of 3 consecutive days must abide by stricter standards that the state decides.
For more information on the recent order and updated guidelines,
click here
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In an effort to allow restaurants to thrive and offer consumers another dining option, the City of LA is issuing 90-day permits to local restaurants to create outdoor seating spaces.
Participating businesses also receive barricades, planters, umbrellas and access to pro bono design by the American Institute of Architects or American Society of Landscape Architects.
Contact our Business Technical Assistance Program for more information.
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City of Los Angeles Emergency Renters Assistance Program
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Upcoming Events
See what's happening this
month.
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Increasing Access to Capital
Wednesday, July 29, 2020
4:00 PM - 5:30 PM
As nonprofits in the San Fernando Valley move towards initial recovery from the coronavirus pandemic, exploring alternative access to capital will be increasingly important. This means going beyond traditional sources such as bank lines of credit, and traditional funders (government, foundations, individual donors, fees for service). Gain insights for increasing support for your nonprofit on this informative webinar.
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HELP FOR YOUR BUSINESSES
Our Business Technical Assistance Team is standing by to help San Fernando Valley businesses navigate the complex landscape of resources available.
Call 818-379-7000 or
click here
to complete a
Business Intake Form
to tell us about your needs. A consultant will respond with referrals to the right resources for you.
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Our Businesses Technical Assistance Team will respond with referrals to helpful resources.
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Tell Us How We Have Helped
We want to hear from you about how The Valley Economic Alliance has helped you. Please submit your story to info@economicalliance.org.
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The City of Glendale is accepting applications for its Small Business Recovery Grant and Low Income Small Business Grant through today at noon.
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Bank of America announced that it is making a $1 billion, four-year commitment of additional support to help local communities address economic and racial inequality accelerated by a global pandemic. The programs will be focused on assisting people and communities of color that have experienced a greater impact from the health crisis.
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Wells Fargo announced that it will not keep any portion of its PPP processing fees, but will donate approximately $400 Million to help small businesses keep their doors open, retain employees, and rebuild.
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SoCalGas has donated $25,000 to LA Conservation Corps to supply food to those in need through MEND and prevent food waste through LA Compost at Cottonwood Urban Farm.
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