Grants will support equipment upgrades, employee retention, and deferred maintenance for local-owned restaurants
Qualifying restaurants in Monterey Park and throughout SoCalGas’ service area are encouraged to apply for a $3,000 grant starting April 15, 2022. These grants aim to support equipment upgrades, employee retention, and deferred maintenance, allowing small restaurants to recover after nearly two years of incurring debt, losses, and rising costs. The application period closes on April 30, 2022.
SoCalGas announced a second $525,000 donation to the California Restaurant Foundation’s (CRF) Restaurants Care Resilience Fund. Last year, SoCalGas co-founded the Fund to help small businesses recover from the COVID-19 pandemic and was a leading donor, committing $525,000 in 2021.
“Restaurants and the families and employees that run them showed incredible resilience and strength as they adapted their businesses to serve all of us during the pandemic,” said David Barrett, Vice President and General Counsel at SoCalGas and California Restaurant Foundation board member. “Last year’s grants provided essential support to local restaurants as they struggled to keep their doors open. This year, grant funds will support kitchens or crews while overall supporting restaurant resiliency.”
This year, the Restaurants Care Resilience Fund will award nearly $1.5 million in grants to small businesses in 2022. Last year, 318 restaurants statewide received grants.
Grants will be available to all California-based restaurant owners with less than three units and less than $3 million in revenue. Priority will be given to restaurants owned by women and people of color. Last year, the Resilience Fund awarded 318 grants to independent restaurant owners, 65 percent of which were women-owned and 83 percent person of color-owned.
Restaurants Care Resilience Fund applications will be open from April 15 to 30, 2022, and can be found at www.restaurantscare.org/resilience. They know you have a lot on your plate, so the application should only take 30 minutes to complete. You may submit your application and upload documents using your cell phone.
For more information, contact the City of Monterey Park Economic Development Division at 626-307-1385 or econdev@montereypark.ca.gov.
Media Contact
Joseph Torres, Economic Development Manager
jtorres@montereypark.ca.gov
626-307-1314
www.montereypark.ca.gov
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