Newsom proposes $1.5 billion in new small business COVID-19 grants

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The additional funds from federal COVID-19 aid to the state would bring the amount allocated in recent months for grants to $4 billion, which Newsom told business leaders would make it the largest state program of its kind in the country.

“Small businesses intimately understand the pain and stress of the last year — directly understand it — and the struggle now to reopen with all of the dust settling around us,” Newsom said during a virtual address to a meeting of the California Chamber of Commerce.

“This is welcome news for mom-and-pop owners in the state who have been hanging on for dear life this past year,” said John Kabateck, California state director of the National Federation of Independent Business. “They don’t need more debt — they need resources that will get their lights back on, people back to work and communities growing once again.”

In February, the Legislature and governor approved another $2.1 billion in grants from $5,000 to $25,000 under a program administered by California’s Office of the Small Business Advocate.

 

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Throwing money and promising to transform schools, fix the homeless crisis, housing crisis, water crisis, fire crisis, power crisis, EDD crisis, business crisis.. CA is 5th largest economy in the world! Who has been in charge/leading California into a total state of CRISIS?🤔🤣

Paid for by raising taxes on all small business owners.

Is someone being recalled?

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