Tag Archives: Business

Sacramento Small Businesses Get Relief Loans

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Nearly the entirety of Sacramento’s $89 million of federal coronavirus aid has been allocated. The city’s council recently voted on how to spend the last iteration of funds, including a few subcategories for small business assistance, tourism, culture and the arts, employment growth, and services for the homeless. 

From the beginning of the pandemic, Sacramento Mayor Darell Steinberg indicated his intention of using the aid to help the city’s disadvantaged and underserved populations.  He also shared his interest in helping nonprofits that had been in line for Measure U sales tax funding. 

“It’s a significant achievement what we have done thus far to intentionally decide we’re going to spend this money on and in our community and then to execute it in the way we have,” Steinberg said. 

The category with the largest allocation of $22 million is small business assistance, with most of the money being distributed in the second round of funding for 1,347 Sacramento businesses. Assistant City Manager Michael Jasso reported that this round of funding saw a diversified pool of applicants than the original round of loans, which mostly went to businesses in the center of Sacramento.

Sacramento Helps Eateries Re-Open

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Sacramento has launched a new program called Farm to Fork Al Fresco to facilitate the reopening of restaurants for dining in.

The program allows restaurants to apply for a city permit to extend their dine-in service to public sidewalks, streets, and parking areas. This will enable restaurants to adhere to social distancing regulations and reach nearly 100% serving capacity.

Sacramento is showing ingenuity and flexibility to reopen restaurants.

Paragary’s in midtown Sacramento, for example, was one of the first eateries to apply and receive a permit. The city erected barriers on the sidewalk outside the shop and the owners have already set up tables and chairs.

This type of flexibility and accommodations are helping Sacramento’s restaurant scene get back to business.

Fashion Forward Sacramento

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New York’s Fashion Week is winding down and Sacramento’s style scene is upping its game. The city is filled with clothing spots offering unique fashion finds. Here is a list of just a few local businesses worth checking out.

Sacramento’s trendy fashion businesses have a lot to offer

1st Go 2nd (hand)

The Article Consignment Boutique in East Sacramento is a vintage and consignment store that is a must for any shopping fan. Buying second-hand is not only fun, but it reduces the environmental impact of clothing, saves a lot of money, and creates a style that is unique and authentic.

Know Your Heart

Heart Clothing Boutique is a favored women’s clothing spot, offering a practical and whimsical wardrobe for any occasion. Comfort and style come together seamlessly in this cozy store where the staff is eager to help customers find just the right look.

Go Krazy

Krazy Mary’s, also in East Sacramento, offers up-scale fashion that is forward-thinking and user-friendly. It’s sister store, Sugar Shack Boutique, networks with local artists and designers to curate an affordably unique collection of clothing.

Find an Outlet

Folsom Premium Outlets has more than 80 different outlet stores. With something for everyone, this is the perfect place to go for shoppers only looking to park once. There are also a few cafes and shake shops on the campus perfect for an energy boost during shopping sprees.

New Innovation Coming to Sacramento

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The City of Sacramento announced a partnership with Berkeley SkyDeck, the startup accelerator program from the University of California (“UC”) Berkeley. Through this cooperation, SkyDeck will introduce seven startup companies to Sacramento to pursue investment and advancement opportunities.

SkyDeck accelerator to work with City of Sacramento

SkyDeck will work with the Sacramento Urban Technology Lab (SUTL) to navigate the city’s business landscape, aiming to establish new, local, high-paying jobs.

When SUTL launched in 2018, it focused on developing, piloting, and growing technology in the city environment. According to the agreement, Berkeley SkyDeck will refer program alumni to the city at no cost. All of the founders of SkyDeck are alumni of one of the UC campuses. Startups accepted to the program go through a rigorous screening process.

$15m Plan to Revive Old Sacramento’s Business Scene

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Old Sacramento may be getting a $15 million revamp thanks to riverfront project manager Richard Rich’s plans to boost tourism and local business in the area. In an effort to make a new name for the historic district, Rich proposed a wide range of improvements at a recent City Council meeting, with everything from a new Ferris Wheel or other landmark to upping local artistry and encouraging a new startup scene amongst the upper floors of old buildings.

 

Rich’s vision extends beyond just flashy cosmetic improvements. He stated that he hopes to draw attention to Old Sacramento’s entertainment scene as well as its historical position by restructuring the pedestrian experience, mainly by fixing up the K Street pedestrian tunnel under Interstate 5 and turning it into a dramatic, interactive light show. He also hopes to draw visitors of the California State Railroad Museum into the district by enhancing access to the River, adding barges and building a themed waterpark to entertain both locals and tourists.

 

Downtown Sacramento Partnership executive director Michael Ault believes Rich’s plans “would be a great addition to Old Sacramento and would enhance the entire city.” It will also boost local businesses and attract new companies to the area, doing wonders for the city.