The City of San Diego has launched an emergency assistance program aimed at helping small businesses and nonprofits recover from recent flooding and storms. The Business and Resilience Emergency Grant will provide financial aid to up to 100 eligible companies, each receiving up to $2,500 or $5,000, depending on their location in designated Promise Zones or low- and moderate-income areas.
Mayor Todd Gloria emphasized the importance of restoring businesses in the community after the devastation caused by natural disasters. He highlighted the need for businesses to bounce back quickly so that they can continue to serve the needs of San Diego residents.
To access the grant funds, business owners must provide evidence that their company was affected by the storm and has a current tax receipt on file with the city. Only companies with 12 or fewer employees are eligible for the grant. The grants may be used for expenses such as supplies and labor for storm cleanup, equipment repairs not covered by insurance, employee wages, and insurance deductibles. Funding for this program comes from a $370,000 budget through the San Diego Small Business Improvement Program.
The city is urging property owners to start preparing their applications as soon as possible. By doing so, they can take advantage of this opportunity to ease their financial burden during these challenging times.