Greater Sacramento COVID-19 Update
June 26, 2020
Good Afternoon,
 
It was a busy week for GSEC speaking to a number of prospective businesses looking to come to the Greater Sacramento region. We have a lot to offer and I am happy to report that business is not slowing down – in fact, interest in the region is increasing every day, due to our growing positive brand and strategic advertising.

We are thankful for all the guest speakers that ensured we had a highly successful virtual media tour with national and international media outlets that focused on the growing fintech and life science industries in our region. Greater Sacramento is positioned for a strong comeback so long as we stick together.

Finally, if you missed our second of our three-part webinar series on the Digital Transformation of Organizational IT, you can watch a replay on our website and register for the not-to-miss third session .

Thank you,
Barry
Survey: How is your business faring amid COVID-19?

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.

In the news
Greater Sacramento's budding industries garner media attention

This week, GSEC hosted a virtual program for media outlets detailing advances in the region's life science and fintech industries. The program garnered coverage from Bank Innovation and Sacramento Business Journal .
The New Normal

Comstock’s Magazine interviewed Barry about the new normal for businesses in Sacramento.

While challenges exist, IT execs say working remotely is effective

The Sacramento Business Journal covered GSEC and Experis IT's second webinar on the challenges IT executives face while working remotely.

GSEC launches new video geared towards tech companies

This week, GSEC launched a new video about the Greater Sacramento region's advantages for tech companies in the wake of the pandemic. We’ll be sharing this on our social channels and also in direct outreach to targeted companies. Help us spread the word.

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

Today’s report includes updates on unemployment, SBA loans processed, personal income increases, predictions for the global economy and more.

Additional reports


California unemployment lowers slightly to 16.3% in May (California Employment Development Department)
Announcements
To provide transparency, the City of Sacramento has created a new, comprehensive webpage that clearly outlines CARES Act initiatives and spending. Learn more »

The Paycheck Protection Program (PPP) application deadline is June 30. Learn more »

Help Downtown Sacramento Partnership plan for assisting in recovery from the pandemic by taking their survey (open to all regional residents). Take the survey »

The City of Sacramento has been working with companies on a reintroduction of shared e-bikes and e-scooters into the city. Learn more »

The Capitol Mall Downtown Farmers’ Market presented by Kaiser Permanente has returned. Learn more »
STAFF FEATURE
Returning to a region on the rise

Business Development and Research Coordinator Adam Vaira shared his impressions of the region's growth over the years, from his time growing up here to presently working for GSEC.

Programs
GSEC programs

UPCOMING
Digital Transformation of Organizational IT: Future Predictions
Tuesday, June 30 | 1 p.m.

In the final webinar of this three-part series, leaders in IT throughout the region will discuss the long-term effects of COVID-19 on their organizations, and how they plan to adapt and move forward as we settle into this “new normal”. 

RECORDINGS

Digital Transformation of Organizational IT: Part 2
Related programs

What is an Accelerator? And how can it help my company?
Date: July 2, 11 a.m.
Host: FourthWave Accelerator Program

Capital and Connections Part I: Loans and Resources 
Host: GO-Biz
SBA Resources to Help Your Business Rebound from Crisis

The Sacramento District Office of the U.S. Small Business Administration (SBA) is delivering weekly, district-wide webinars titled “SBA Resources to Help Your Business Rebound from Crisis.” Each webinar provides an overview of available resources and a Q&A session with attendees.

Featured commercial real estate property
Woodland Research Park

Planned as a thriving work/live campus with over 2 million square feet of research park office and lab space, 1,600 single and multi-family homes, parks and open space, Woodland Research Park will foster collaboration and build capacity for companies seeking to be part of one of the nation’s leading agriculture and food tech hubs.

COVID-19 resources
Fork 2 Farm Relief + Restocking Grants

Fork 2 Farm Relief + Restocking Grants are available to support qualified small farms and provide restaurants and ag-related retailers with immediate debt relief and/or support to restock and prepare for expanded operations. 

Coronavirus Job Protection Helpline

Responding to the needs of Sacramentans whose jobs have been affected by the pandemic, the City of Sacramento, in partnership with the Sacramento Central Labor Council and the Center for Workers’ Rights, established the Coronavirus Job Protection Helpline. The helpline assists Sacramento workers who have questions related to unemployment, paid family leave, disability insurance, paid sick leave, workers compensation and other workplace issues.