San Francisco mayor announces new initiative for small business recovery

by IANS |

San Francisco, March 4 (IANS) San Francisco Mayor London Breed announced the launch of a new initiative to promote small business economic recovery and community vibrancy in the city.

The initiative, "Avenue Greenlight," will deploy privately donated dollars to San Francisco merchant associations to be used for projects to improve commercial corridors. The ultimate goal of Avenue Greenlight is to uplift local small businesses to help them adapt and recover from the current challenges, Xinhua news agency reported on Wednesday.

Over the coming months, all 34 of San Francisco's merchants associations will individually receive a $50,000 dollar grant of new resources allocated from Avenue Greenlight, starting with the Castro, Bayview, Chinatown, and Clement Street commercial corridors.

Grants will total 1.7 million dollars and will be administered in a tiered format with three to four new merchant association grants released each subsequent month moving forward based on diversity, equity, and inclusion considerations, the announcement said.

"Now more than ever we need everyone to step up and support their neighbours," said Breed. "Our small businesses are struggling and we are doing everything in our power to ensure that San Francisco comes out of this pandemic even stronger than before."

Latest News
Top psephologist says PM Modi's connect with women to propel NDA to '400 paar' Fri, Apr 26, 2024, 04:48 PM
Covid-19 worsened 'silent' spread of antimicrobial resistance: WHO Fri, Apr 26, 2024, 04:42 PM
Govt working on setting up Maritime Development Fund akin to Power Finance Corp, REC Fri, Apr 26, 2024, 04:38 PM
Several killed and injured after junta airstrikes in Myanmar Fri, Apr 26, 2024, 04:35 PM
South Korea, Japan could consider simplified entry agreement amid warming ties: Seoul official Fri, Apr 26, 2024, 04:33 PM
CM Vijayan loses cool when asked if elections would be assessment of his governance Fri, Apr 26, 2024, 04:31 PM
Brand owners may look at chess GM Gukesh and others for endorsement deals Fri, Apr 26, 2024, 04:29 PM
Global connected car sales to exceed 500 million in 2030, India to be among top nations Fri, Apr 26, 2024, 04:11 PM
INDIA bloc aims to divide the country on religious grounds: UP CM Yogi Adityanath Fri, Apr 26, 2024, 04:07 PM
FairPoint: If mangoes were for bail, then CM Kejriwal would ride out of jail Fri, Apr 26, 2024, 04:01 PM
Hulkenberg to leave Haas for Sauber at the end of F1 season 2024 Fri, Apr 26, 2024, 03:54 PM
Kia's net profit up 32.5 pc in Q1; India sales drop due to aging models, geopolitical factors Fri, Apr 26, 2024, 03:47 PM
We will implement UCC in entire country, it is 'Modi ki Guarantee': Amit Shah Fri, Apr 26, 2024, 03:45 PM
Three dead after mini car falls into paddy field in Japan Fri, Apr 26, 2024, 03:09 PM
Amid scorching heat, Tripura East records 55 pc turnout till 1 p.m. Fri, Apr 26, 2024, 03:07 PM