318 California restaurants receive grant + expert help to build resilience
A resilience fund to boost family restaurants in eight counties
Sacramento, California (RestaurantNews.com) The California Restaurant Association (CRAF) Foundation, a non-profit organization that invests in and empowers restaurants and the California workforce, has secured a $ 250,000 donation from Wells fargo in support of his Restaurants CareÂ® Resilience Fund. The funds will fuel support services throughout the year for the 318 Resilience Fund restaurant grant recipients, who were selected last week from nearly a thousand qualified and deserving applicants. The CRF launched the Resilience Fund in March in partnership with SoCalGas, Pacific Gas and Power Company (PG&E) and San Diego gas and electricity (SDG & E), who collectively donated $ 1.25 million to fund grants of up to $ 3,500 for small restaurants, with a portion of the donations going to the FIU’s distress fund for workers in the food and drink facing an unforeseen crisis.
âWells Fargo understands that small restaurants hold the identity of local neighborhoods. We know it takes more than money to create a fair, diverse and inclusive recovery, âsaid Gregg Sherkin, senior vice president, Social Impact and Sustainability for Wells Fargo. âWe have chosen to purchase Small Business Support Services for all Restaurant Resilience Fund grant recipients to ensure long-term resilience. Thanks to this support, small restaurants will be equipped with everything they need to recover and maintain this recovery. “
As part of the support services throughout the year, restaurateurs will be welcomed into a cohort and will benefit from discounts, services, peer support and monthly educational learning opportunities led by experts in marketing of catering companies, revised menus to improve the bottom line and essentials of the restaurant.
âTogether, with the generosity of SoCalGas, PG&E, SDG & E and Wells Fargo, we are helping one of the hardest hit industries, in some of the hardest hit communities,â said Alycia Harshfield, executive director of the California Restaurant Foundation. . âWe are inspired by the determination and courage of the restaurants selected for the Resilience Fund grants. Many are multigenerational family businesses with incredible stories and connections to their neighborhoods. The addition of wells Fargo-powered small business support services complements the financial subsidies provided by utility companies and both are essential for long-term resilience in exiting this pandemic. “
Of the 318 grant recipients, 65% are female restaurant owners and 83% identify as people of color. More than 130 grants have been awarded in Los Angeles County, 77 in San Diego County, 62 in San Francisco and Alameda counties, 29 in Sacramento and San Joaquin counties, and 18 in Fresno and Kern. To be eligible, restaurants had to be single-unit, employ fewer than 50 staff, be currently open, and have experienced a loss of revenue of at least 20% from 2019-2020. To see the full list of grant recipients in your region, please visit www.restaurantscare.org/resilience.
âRestaurants support and improve our way of life in Southern California in so many ways. The Resilience Fund enables SoCalGas to support restaurants. Let’s bounce back together, âsaid Maryam Brown, President of SoCalGas.
Grants from the FIU Restaurant Resilience Fund will be used on the payroll and related expenses so that the restaurant owner can free up funds for other necessary expenses such as rent, technology upgrades. and the modernization of outdoor restaurants. In the past year, through the non-profit association Treatments RestaurantsÂ® and the generosity of corporate donors, CRF has helped more than 1,200 restaurant employees.
The Resilience Fund is currently accepting additional support from businesses, foundations and individuals who wish to help restaurant recovery. Donations of all sizes are accepted and celebrated at www.restaurantscare.org/resilience.
For more information on the California Restaurant Foundation, Restaurants Care, or the Resilience Fund, please visit www.restaurantscare.org.
About the California Restaurant Foundation (CRF)
California is home to more than 90,000 restaurants and bars that generate more than $ 72 billion in sales and employ more than 1.6 million workers, making restaurants an undisputed engine of the state’s economy. The California Restaurant Foundation is a nonprofit organization that empowers and invests in the California restaurant workforce. Founded in 1981, the CRF supports the restaurant community through grants to assist struggling restaurant workers, vocational and practical training for 13,500 high school students each year, and scholarships. ‘studies. For more information visit www.calrestfoundation.org.