published on July 15, 2020 - 2:21 PM
Written by The Business Journal Staff

In response to the economic impact that Covid-19 has had on local, Black-owned small businesses, the Fresno Metro Black Chamber of Commerce has partnered with the Central Valley Community Foundation to help businesses start over.

The Regional Economic Sustainability Through Aligned Responses to Threats (RESTART) Black Fresno Grant aims to preserve at-risk small microbusinesses from permanent closure due to the Covid-19 pandemic. According to the Chamber, most of Downtown Fresno’s businesses have closed their doors to comply with the City of Fresno’s emergency shelter-in-place order, and businesses that have remained open experienced a 75% decrease in revenues, with only 2% receiving any assistance despite over 85% applying for financial aid.

Businesses within the Fresno metropolitan area can apply for up to $3,000 in grant funding to help cover expenses, with Thursday at 11:59 p.m. being the deadline.

“We are proud of the work we are doing in the community and blessed to be able to meet the needs of our small businesses,” said Richard Keyes, vice chair for the Fresno Metro Black Chamber Foundation. “These are unprecedented times and help is necessary to make sure our businesses don’t permanently go under.”

RESTART will provide direct grants to small- and micro-businesses that have suffered economic loss due to the pandemic. Grants will be made to businesses that have been in existence for one year or more with fewer than 25 employees and recipients must agree to stay in business, participate in the RESTART Technical Assistance program and complete a Covid-19 survey.

Visit https://www.fmbcc.com/restartblackfresno for more information


e-Newsletter Signup

Our weekly poll

Should California ban all forms of advertising for legal cannabis?

Loading ... Loading ...

Central Valley Biz Blogs

Popup
shares

3/5

Article views

remaining

Sign up icon

To continue website access to

TheBusinessJournal.com

please create a FREE account OR login here.

1/5

Article views

remaining

SKIP THE POP-UPS
For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

TheBusinessJournal.com

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code

WEBSUB20

* NEW SUBSCRIBERS ONLY