GRID 110 South LA
Clean tech incubator Grid110 recently selected 19 companies for its inaugural South LA program, ushering in resources and support for local entrepreneurs to build and launch successful businesses.

More than 90 percent of the selected companies are led by Black and Latinx founders, and the majority of founders are women, said Grid110 South LA Managing Director Austin Clements in a recent piece in Medium.

Cecilia Quiroa in her Northridge business, Cecy’s Beauty Salon
The South Valley BusinessSource Center (BSC) helped Cecilia Quiroa obtain a $30K federal loan, which helped her reopen her business, Cecy’s Beauty Salon, while adhering to new health and safety standards due to COVID-19.

After owning her Northridge-based beauty salon for nine years, Ms. Quiroa closed her beauty salon in March following the Safer At Home orders. She approached the South Valley BSC for help on how to survive the financial setbacks caused by COVID-19.

long-time client BusinessSource client Colin Fung in front of his restaurant, Tamashii Ramen House (Sherman Oaks)
Helping Small Businesses Survive COVID-19
The Mid-City BusinessSource Center helped long-time client Colin Fung (left) successfully secure two Federal SBA loans totaling $145,332, allowing him to rehire 18 employees across his three Tamashii Ramen House restaurants in North Hollywood, Sherman Oaks and Studio City.

Angelino Community Fitness owners Karlos Ramirez and John Thyne
Helping Small Businesses Survive COVID-19
The North Valley BusinessSource Center helped Angelino Community Fitness owners Karlos Ramirez and John Thyne obtain funds from the City of Los Angeles Small Business Emergency Microloan Program, which allowed them to pay a large portion of their commercial rent and retain 3 full time employees and 1 part time employee.

Eduardo on his latest job site in his new career as a carpenter
Assisting Job Seekers During the Coronavirus
The Vernon-Central/Los Angeles Trade Technical College WorkSource Center (WSC), operated by EWDD partner Coalition for Responsible Community Development (CRCD), provided financial guidance and job training to Eduardo, helping him become a Carpenter’s Union apprentice and find work during the COVID-19 pandemic.

LA City Mayor Eric Garcetti speaking in front of Caveman Vintage Music in Lincoln Heights about the need to expedite relief for small businesses economically impacted by COVID-19
Mayor Announces Eased Requirements for Small Biz Emergency Microloan
LA City Mayor Eric Garcetti announced Wednesday May 21, 2020 that he has instructed EWDD to relax eligibility requirements for the Small Business Emergency Microloan and prioritize loans that were previously denied in order expedite relief for small businesses economically impacted by COVID-19.