Greater Sacramento COVID-19 Update
July 2, 2020
Good Afternoon,
As we head into the holiday weekend, I hope we all have time to reflect on the amazing and wonderful opportunity available in this country, namely the pursuit of the American Dream. However, it is an unfortunate truth that the attainment of that dream is still far out of reach for so many. That is why the Greater Sacramento Economic Council has and will continue to foster strong initiatives to build equity throughout the region. One of those initiatives includes working with the Greater Sacramento Urban League, Los Rios Community College District and Sacramento State to provide pathways for residents to learn digital skills so they can become more competitive in the workforce.

We continue to see strong business interest in the region and look forward to having a role, along with our regional partners, in creating opportunities for community members while growing and diversifying our tradable sector industry base.  
Have a happy Independence Day. 

Thank you,
In the news
Dignity Health announces new medical building in Folsom

Dignity Health will be building a medical office building in the new Folsom Ranch development project. The three-story, 65,000-square-foot building will house many specialty services and have an outpatient surgery center.

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

Today’s report includes updates on unemployment, economic recovery projections, household spending, the Federal Reserve Board’s annual stress test and more.

Additional reports

GSEC has launched a follow-up survey to evaluate how businesses in Greater Sacramento are managing now that the state is advancing through its reopening phases. Take the survey »

Sacramento approved $17.5 million to assist small businesses and members of the creative economy hurt by Covid-19. Learn more »

The first application period for California Competes Tax Credit starts on July 27, with $80 million in tax credits available. Learn more »

Roseville is seeking proposals for the purchase and development of an 11-acre site. Learn more »
“You’re from New York City? Why did you move here?”

Manager of Public Relations & Communications Elizabeth Jones revealed her journey from "The Big Apple" to California's Capital City.

GSEC programs

Digital Transformation of Organizational IT: Future Predictions
Related programs

Grants for Startups: The Definitive Freelance & Startup Guide
Date: July 9, 11 a.m.
Host: Sacramento State Carlsen Center for Innovation and Entrepreneurship

Capital and Connections Part II - Startup Success for Communities of Color
Host: GO-Biz

Programa de Préstamos Perdonables Para Pequeñas Empresas
Host: City of Sacramento
Featured commercial real estate property
The Railyards

The Railyards is a unique urban infill project providing the opportunity to redefine downtown Sacramento and serve as an example of urban development. The project will integrate all the elements that are attractive to a modern urban lifestyle, including proximity to transit, work, recreation and entertainment.

COVID-19 resources
Placer County to offer grants to help offset economic hardship from pandemic

Small businesses and nonprofit organizations in Placer County may be eligible for grant funding to offset negative economic impacts brought on by the COVID-19 pandemic. The county will set aside $8 million of its federal CARES Act funding to establish a grant program that would reimburse the business community and local nonprofits for eligible COVID-19 expenses.

A new PPE marketplace for manufacturers and employers

Launched in partnership by the State of California, the California Manufacturers & Technology Association and Autodesk, the "Safely Making California” Marketplace will connect manufacturers to employers who have the need to purchase non-medical grade Personal Protective Equipment (PPE).

COVID-19 newsletter update

Please note that instead of sending the newsletter each week, moving forward we’ll only be sending it twice a month: once at the beginning of the month and again halfway through the month. Thank you.