Media Contact:
Jean Walsh
Oakland Public Information Office
OaklandPIO@oaklandca.gov
Oakland, CA – The City of Oakland's Economic and Workforce Development Department (EWDD) is launching a new Immigrant Micro Business Support Program in partnership with The Unity Council and Feed the Hunger Fund, thanks to funding received via the Local Immigrant Integration and Inclusion Grant (LIIIG) of $275,000 from California Governor’s Office of Business and Economic Development (GoBiz).
With this grant funding, EWDD, The Unity Council and Feed the Hunger Fund have launched a specially targeted program for immigrant start-up businesses that provides culturally and linguistically competent business assistance to ensure these businesses launch and succeed. This new Immigrant Micro Business Support Program provides workshops, financial coaching and low-cost financing to Oakland’s micro-enterprise and small businesses, with a focus on serving immigrant and women owned businesses, that build upon existing programs and small business services to build a more resilient and inclusive business community in Oakland.
"We know small businesses are the backbone of the economy, and we are so grateful for this State grant that will enable us to support to Oakland's immigrant entrepreneurs," said Oakland Mayor Sheng Thao. "Together with our Neighborhood Business Assistance Program, Façade and Tenant Improvement Grants, and Activate Oakland, this new program will help small businesses have the tools and support they need to thrive."
“We are proud and excited that for the first time we will be allowed to use state funding to provide business assistance to entrepreneurs, regardless of immigration status,” said Sofia Navarro, Interim Director of Oakland’s Economic and Workforce Development Department. “Focusing on supporting start-up businesses will not only help build our local economy but also help our immigrant entrepreneurs, who have not been well served in the past due to federal grant restrictions.”
“In 2024, thanks to the generous support of the California Governor’s Office of Business and Economic Development and the Citi Foundation, Feed The Hunger Fund will be able to provide nearly $50,000 in grants to Mobile Food Vendors in the San Francisco East Bay,” said Meche Sansores, Senior Loan Officer, Feed the Hunger Fund. “These grants will be paired with $250,000 in FTHF loan capital to qualified vendors.”
“We look forward to continuing our work partnership with the City of Oakland. This opportunity will allow us to serve the hard-to-reach immigrant entrepreneur population and our ethnic enclave commercial corridors," said Tiffany Lacsado, Director of Economic Development, The Unity Council.
|