Four years since opening Krispy Krunchy Chicken in north Sacramento, Joseph Zaki has high hopes for his business. The only thing missing is a finished showcase. “The outside is 50% of the business. If the outside looks good, the inside will look good, so the grant helps us finish the outside and make it look good and attract customers, attract people,” Zaki said. Zaki applied for and was recently awarded some money through the North Sacramento Business Investment Program, which is divided into three tiers. Retail Store Improvements This grant supports profitable businesses with retail locations on Del Paso Boulevard between Lampasas Avenue/Evergreen Street and Highway 160. Eligible businesses can apply for grants ranging from $100,000 to $240,000 for tenant improvements and equipment purchases or repairs to stabilize and grow operations. Recipients must also complete at least five hours of free business technical assistance. Retailer Store Equipment Assistance This grant supports profitable businesses that operate commercial, storefront retail locations within District 2. Eligible businesses can apply for grants ranging from $5,000 to $50,000 for equipment purchases or repairs to to scale operations or to create new revenue streams. Recipients must also complete at least five hours of free business technical assistance. Vacant Rental Building Restoration This funding supports property owners of commercial properties, vacant buildings or street-facing lots on Del Paso Boulevard between Lampasas Avenue/Evergreen Street and Highway 160. Eligible applicants can receive forgivable loans that range from $100,000 to $100,000 to $200. and purchases of equipment to prepare spaces for occupancy. The properties must secure a tenant operating a retail storefront within one year of the improvements being completed. The grant program was created out of the remainder of federal ARPA funding that became available as a result of the COVID-19 pandemic.” What we’re trying to do now is make strategic investments to help local businesses. And I must emphasize that this program is for for-profit businesses, nonprofits are not eligible for these grants,” said District 2 Councilman Roger Dickinson. Like Zaki, JB the barber recently applied for a grant in the country where he grew up. For him, the grant is the difference between holding down two jobs or following his dream.” If I can free things up and get these grants, I might be able to quit just one job and focus on nothing but running my business. and getting on with it,” JB said. The deadline to apply is February 28. The City of Sacramento is hosting a virtual information session on January 16th. You can register for the event here. See more coverage from top California stories here | Download our app | Subscribe to our morning newsletter
Four years since opening Krispy Krunchy Chicken in north Sacramento, Joseph Zaki has high hopes for his business.
The only thing missing is a finished showcase.
“The outside is 50% of the business. If the outside looks good, the inside will look good, so the grant helps us finish the outside and make it look good and attract customers, attract people,” Zaki said.
Zaki applied for and was finally awarded some money through North Sacramento Business Investment Program which is divided into three levels.
Storefront Retailer Improvements
This grant supports profitable businesses with street-front retail locations on Del Paso Boulevard between Lampasas Avenue/Evergreen Street and Highway 160.
Eligible businesses can apply for grants ranging from $100,000 to $240,000 for tenant improvements and equipment purchases or repairs to stabilize and grow operations. Recipients must also complete at least five hours of free business technical assistance.
Help with retail equipment for the shop assistant
This grant supports profitable businesses that operate commercial zoned, storefront retail locations within District 2.
Eligible businesses can apply for grants ranging from $5,000 to $50,000 for equipment purchases or repairs to scale operations or create new revenue streams. Recipients must also complete at least five hours of free business technical assistance.
Restoration of vacant buildings for rent
This funding supports property owners of commercial areas, vacant buildings or street-facing lots on Del Paso Boulevard between Lampasas Avenue/Evergreen Street and Highway 160.
Qualified applicants can receive forgivable loans ranging from $100,000 to $240,000 for tenant improvements and equipment purchases to prepare the spaces for occupancy. The properties must secure a tenant operating a retail storefront within one year of the improvements being completed.
The grant program was created from the remainder of the Federal ARPA funding that became available as a result of the COVID-19 pandemic.
“What we’re trying to do now is make strategic investments to help local businesses. And I should point out that this program is for for-profit businesses, non-profit organizations are not eligible for these grants,” said the District 2 Council member. .Roger Dickinson.
Like Zaki, JB the barber recently applied for a grant in the country where he grew up. For him, the grant is the difference between holding down two jobs or following his dream.
“If I can free some things up and, and get these grants, I might be able to quit just one job and focus on nothing but running my business and keeping it going and moving forward,” JB said.
The deadline to apply is February 28. The City of Sacramento will host a virtual information session on January 16th. You can register for the event here.
See more coverage of California’s top stories here | Download our app | Sign up for our morning newsletter
