SAN DIEGO — Mayor Kevin Faulconer held a news conference along with City Councilwoman Monica Montgomery and local business leaders on Wednesday where they announced a proposal that would reallocate $700,000 to the city of San Diego's Small Business Relief Fund in order to help businesses in historically underserved communities.
According to the city, the funding would aid recovery efforts through specialized outreach, technical assistance and direct grants to hundreds of business owners.
“With San Diego’s small businesses struggling to survive, we need to do everything we can to help them stay open safely and responsibly as we get through this pandemic together,” Mayor Faulconer said. “We also want to ensure that every small business in San Diego has equal access to the relief funds so we’re reaching out directly to our Black, Latino and Asian business communities to encourage their members to take advantage of this opportunity.”
During Wednesday's press conference, Mayor Faulconer and Councilwoman Montgomery called on the San Diego County Board of Supervisors to match the $700,000 from the city to help promote inclusive economic recovery efforts.