VENICE, CA — The Venice Chamber of Commerce was one among 22 small chambers to obtain grant to rebuild from the pandemic.
The grant comes from the Mayor’s Fund for Los Angeles, recognizing the work that small chambers of commerce do to assist native companies. The Mayor’s Fund famous that as chambers of commerce have suffered through the pandemic with staffing and programming, so have native companies.
“Small companies are key to our financial restoration. They’re the guts of our communities and are liable for nearly 50 p.c of our jobs in Los Angeles,” Mayor Eric Garcetti mentioned in a press release. “Via our chambers of commerce, they’ve discovered the assist wanted to remain afloat. These grants will guarantee our chambers of commerce are in a position to proceed supporting small companies and uplifting our workforce.”
Grants have been awarded primarily based on the scale of the chamber, how the pandemic impacted them, and what restoration companies they supplied companies. The aim of the grants was to make sure the small chambers of commerce might proceed serving to Los Angeles’ small companies recuperate from the pandemic. Chambers certified by having annual revenues of $750,000 or much less, being positioned throughout the metropolis of Los Angeles and primarily serving companies throughout the metropolis.
“That is an instance of how our restoration may be stronger and extra strategic when authorities, philanthropy and the non-public sector work collectively,” mentioned Deidre Lind, president/CEO of the Mayor’s Fund for Los Angeles. “Small companies convey life to our important streets and make use of extra Angelenos than every other supply. By serving to these small chambers climate the pandemic, we’re serving to them help hundreds of small companies throughout Los Angeles.”
Chambers utilized in Might for the grant and have been notified this week of their award. This timeline was irritating because the lengthy course of made it troublesome for chambers to organize for the grant, mentioned Nick Montaño, President of the Chatsworth/Porter Ranch Chamber of Commerce. Even nonetheless, many chambers found out the best way to make ends meet.
“Fortunately for lots of eating places and quite a lot of companies, these of us that did survive this factor, it was solely due to our tenacity and eager to adapt to the state of affairs — which may be very eye opening for lots of parents,” Montaño mentioned.
Metropolis Information Service and Emily Rahhal contributed to this story.