Greater Sacramento COVID-19 Update
Aug. 21, 2020
Good afternoon –

While we may not be able to gather in traditional fashion with a large dinner party, we are still looking forward to celebrating regional achievements and collaboration at our Annual Celebration on Dec. 3, presented by Suncrest Bank. This year’s celebration will be a virtual experience, making it more accessible to an even larger audience.

We will be honoring four award winners, recognizing a distinguished board member, partner of the year, an outstanding regional contribution and a transformative community. We ask for your support in nominating candidates for our “Outstanding Regional Contribution” and “Paving the Way” awards. More information and nominations forms can be found here

This event continues to grow each year as entrepreneurs, communities and business leaders see the importance of celebrating the achievements throughout the region – this year will be no exception. We look forward to having you join us for this celebration. You can reserve your tickets here.

Sponsorship opportunities are also now available. See them here. 

Thank you, 
In the news
$130 million mixed-use project at The Railyards to break ground 

The AJ, a 345-unit mixed-use project, is set to begin construction within the next week or so. The five- and six- story project will have apartments above 5,000 sq. ft. of ground-floor retail. It’s scheduled to open in winter 2022.

3,000-acre Rancho Cordova development breaks ground

The biggest development in Rancho Cordova history is now underway. Developer Elliott Homes Inc. broke ground on the Rio Del Oro project, which will have more than 10,000 homes, 7.6 million sq. ft. of commercial space and a 130-acre park at full buildout.

Region’s third Amazon distribution center coming to Roseville

An Amazon hub distribution center is coming to Roseville, joining two Sacramento facilities as the third in the capital region. The company’s hubs are metropolitan distribution centers where packages are sorted and sent out for delivery.

COVID-19 testing is about to get faster — and a Sacramento County firm is leading the push

Folsom-based StemExpress is innovating on the front lines of the pandemic, with rapid COVID-19 testing on a large scale.

Greater Sacramento region sees 21 companies make Inc. 5000 list

Twenty-one businesses in the region were recognized among the country's fastest-growing companies by Inc. magazine.

Economic impacts and projections updates
Updated Report: U.S. economic forecast

Today’s report includes updates on unemployment, real estate, an analysis of regional firms on the Inc. 5000 and more. 

Republic FC and Suncrest Bank have launched a cash grant competition for Black-owned businesses. Learn more »

Californians can complete the 2020 Census online, by phone or by mail as paper forms are being mailed to households that have not yet responded. Learn more »
GSEC programs
Join us for GSEC’s 5th Annual Celebration, presented by Suncrest Bank. While we’re shifting to a digital format this year, you can expect the same wow-factor event. Join us to celebrate the region’s wins and to raise money for a good cause.


Fireside Chat with a Futurist (View recording | Download slides)

Future Technologies as Economic Drivers (View recording | Download slides)
Related programs

Happy Hour with EnrichHER® Founder Dr. Roshawnna Novellus
Date: Aug. 25, 5 p.m.
Host: StartupSac

Placer Shares Grant Program Webinar Series
Date: Multiple
Host: Placer Business Resource Center

Telework’s Great Leap Forward: How an unexpected experiment could transform work and travel
Date: Aug. 27, 11 a.m.

Closing the Tech Funding Gap: Creating Opportunity for Founders & Funders
Date: Sept. 1, 5 p.m.
Host: Sacramento State Carlsen Center for Innovation and Entrepreneurship

California Cybersecurity Industry Convening Virtual Meeting
Date: Sept. 2, 8:30 a.m.
Host: Governor’s Cybersecurity Task Force
Featured commercial real estate property
Roseville Innovation Center

A new, state-of-the-art building opportunity totaling 160,000 sq. ft. in Roseville, adjacent to the Hewlett Packard Enterprises campus and the new Penumbra expansion facility.

COVID-19 resources
Elk Grove launches COVID-19 Small Business Recovery Grant Program

The City of Elk Grove has launched the COVID-19 Small Business Recovery Grant Program to provide critical business capital to Elk Grove-based companies. The program provides grants up to $25,000 to eligible businesses with 20 employees or less. 

Placer County offers grants for restaurants, bars, small business and non-profits

Beginning August 25, eligible small businesses and non-profit organizations in Placer County can begin applying for Placer Shares grant funding to offset impacts caused by the coronavirus pandemic and the resulting state shutdown order. Learn more »

Eligible restaurants and bars in Placer County may also begin applying for grant funding through the $1.2 million Placer Shares, Eats & Drinks program. Learn more »
City of Sacramento offers free COVID-19 navigation services

To help residents with their unique COVID-related financial needs, the City of Sacramento has expanded its Financial Empowerment Center to include free financial navigation services for local residents impacted by the pandemic.

Downtown Sacramento ReImagine Activation Grant Program

The ReImagine Activation Grant Program provides micro-grants to downtown businesses and organizations seeking to activate spaces within the 66-block district managed by the Downtown Sacramento Partnership.

California Unemployment Insurance Work Sharing Program

Employers can apply for the Unemployment Insurance Work Sharing program as a temporary alternative to layoffs if the business’s production or services have been reduced.