Grants available to Sacramento AAPI-owned businesses

The Reimagine Main Street initiative is partnering with the National Asian American Chamber of Commerce and Enterprise to provide 100 grants to Asian American and Pacific Islander-owned businesses. Tammy Halevy, executive director of Reimagine Main Street, sat down with KCRA 3 to provide details on the grants ahead of Tuesday night’s application deadline. Q: Let’s start by talking about these grants. What are they and why are they so important now? The pandemic was difficult for small businesses with shelter-in-place orders and changes in demand. AAPI businesses were hit doubly hard, they experienced the economic impact of the pandemic and many experienced significant racial prejudice because they were Asian business owners. Q: What should business owners know before applying? Halevy: Basically, there’s $2 million available in grants. The application process is very simple, but it closes on Tuesday at 11:59 PM ET. To be eligible, the business must be 51% owned by AAPI and must operate in the US. There are no industry restrictions. There are two categories of grants: businesses that started before the pandemic and businesses that started during the pandemic. AAPI-owned businesses that started before January 1, 2020 and had at least $100,000 in annual revenue are eligible for grants between $25 and $50,000. Businesses that started after January 1, 2020 are also eligible for a $10,000 grant. Q: Tammy, what are you hoping these grants will ultimately do for the communities? Halevy: We hope that these grants will do two things, number one, give a boost to businesses as we come out of the pandemic. And number two, help these AAPI businesses do what they usually do, which is contribute to jobs and social fabric in the community. We want to strengthen the offers of these businesses. If you are interested, you can learn more about the grants here.

The Reimagine Main Street initiative is partnering with the National Asian American Chamber of Commerce and Enterprise to provide 100 grants to Asian American and Pacific Islander-owned businesses.

Tammy Halevy, executive director of Reimagine Main Street, sat down with KCRA 3 to provide details on the grants ahead of the application deadline Tuesday evening.

Q: Let’s start by talking about these grants. What are they and why are they so important now?

Weight: Reimagine Main Street has partnered with the Asian National Chamber of Commerce to provide $2 million in cash grants to AAPI businesses across the United States. The pandemic was hard on small businesses with shelter-in-place orders and changes in demand. AAPI businesses were hit doubly hard, they experienced the economic impact of the pandemic and many experienced significant racial prejudice because they were Asian business owners.

Question: What should business owners know before applying?

Weight: Basically, there is $2 million available in grants. The application process is very simple, but it closes on Tuesday at 11:59 PM ET. To be eligible, the business must be 51% owned by AAPI and must operate in the US. There are no industry restrictions.

There are two categories of grants: businesses that started before the pandemic and businesses that started during the pandemic. AAPI-owned businesses that started before January 1, 2020 and had at least $100,000 in annual revenue are eligible for grants between $25 and $50,000. Businesses started after January 1, 2020 are also eligible for a $10,000 grant.

Question: Tammy, what do you hope these grants will ultimately do for the communities?

Weight: We hope these grants will do two things, number one, give businesses a boost as we emerge from the pandemic. And number two, help these AAPI businesses do what they usually do, which is contribute to jobs and social fabric in the community. We want to strengthen the offers of these businesses.

If you are interested, you can learn more about the grants here.

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