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Posted by: News_Desk on 05/13/2021 11:34 PM Updated by: News_Desk on 05/13/2021 11:34 PM
Expires: 01/01/2026 12:00 AM
:

California Roars Back: Governor Newsom Announces the Largest Small Business Relief Program in the Nation

Sacramento, CA... Today, Governor Gavin Newsom unveiled another component of his $100 billion California Comeback Plan: making historic investments in small business relief. Governor Newsom’s Plan expands the state’s COVID-19 Small Business Relief Grant program to a total of $4 billion, representing the largest such program in the entire country. That’s in addition to Governor Newsom’s $6.2 billion tax cut for those businesses hit hardest by the pandemic, the largest state tax cut of its kind in history.



“Our small businesses have faced unprecedented challenges over the past year, and we’re stepping up to meet the moment – making historic investments to provide businesses with the support they need and jumpstarting California’s economic recovery,” said Governor Newsom. “That’s why we’re implementing the largest small business relief program in the entire country, expanding the small business grant program to $4 billion and providing $6.2 billion in small business tax relief. This is money in the pockets of business owners to make payroll and cover the bills as we prepare to fully reopen California’s economy on June 15.”

These grants are already supporting diverse small businesses throughout California, with 88.3 percent of grants in rounds one and two going to minority/people of color-owned businesses, women-owned businesses, veteran-owned businesses and businesses located in low to moderate income communities. To date, approximately 198,000 small businesses and nonprofits either have been or will be awarded grants, which includes finalized awards for 43,874 small businesses and nonprofits representing all 58 California counties for a total of $475,001,244. By expanding this successful program, we can ensure that even more small businesses can access this critical lifeline as we head toward full reopening on June 15.

In addition to these historic programs, Governor Newsom has taken swift action to invest in those sectors of the economy that are crucial to California’s recovery, including:
  • Estimated $895 million investment in the State Small Business Credit Initiative (SSBCI), which works to strengthen state programs that support financing of small businesses.
  • Increasing the CalCompetes tax credit program to $360 million, and establishing a one-time $250 million grant program, to incentivize businesses to relocate to California.
  • $250 million investment in California’s ports to address revenue loss and bolster future economic activity.
  • $200 million to expand sales tax exclusions through the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) to promote, grow and incentivize green manufacturing in California.
  • $147 million for the Main Street Small Business Tax Credit to assist small businesses that have hired and retained workers since the second quarter of 2020.
  • $95 million to jumpstart California’s tourism industry, one of the largest economic drivers in the state that was particularly impacted by the pandemic.
###


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No Subject
Posted on: 2021-05-14 04:04:39   By: Anonymous
 

#RECALLNEWSOM

Everywhere you look, the failures of Governor Newsom are obvious and appalling to everyone. For this reason, the Recall Gavin 2020 campaign is not conservative or liberal, or right or left, or Republican or Democrat. This is a mass uprising.

Our Recall Gavin campaign is building a grassroots organization with over 80,000 California voters already signed up as volunteers to sign and circulate recall petitions. That number is growing every week. And this is just the beginning.

Are you tired of being locked up, unable to make a living, at the same time as California’s prisons are being emptied? Do you wonder why Gavin Newsom’s cronies are building “supportive housing” for the homeless at a cost of over a half-million dollars per unit, instead of just getting them help in less expensive facilities? Then join the Recall Gavin 2020 movement.

Did you struggle to run a business, even before this lockdown, because of overregulation and the highest taxes in America? Did you lose your livelihood when Gavin Newsom signed AB 5, which made it illegal for many companies to negotiate with independent contractors? Then join the Recall Gavin 2020 movement.

Are you troubled by the growing encroachments on the 1st Amendment; our right to speak our minds, to freely assemble, to congregate whether it’s at church or on the beach? Are you troubled by encroachments on your 2nd Amendment rights, threatening your ability to purchase a firearm to protect yourself, especially now? Then join the Recall Gavin 2020 movement.

Are you ready to take the offensive against the ongoing destruction of our public schools? Have you had it with new laws that make it impossible to hold students or teachers accountable, making many of our schools unsafe? Do you believe you have the right to control what sort of sex education (or indoctrination) your child receives? Then join the Recall Gavin 2020 movement.

Do you wonder how California’s cities, counties, and state agencies will ever pay off their pension debt, or balance their budgets, or stop raising taxes, when Gavin Newsom can’t even cut spending to provide benefits to illegal immigrants, benefits that aren’t even offered to working citizens of California? Then join the Recall Gavin 2020 movement.

We are building an army to recall Gavin Newsom, and if you answered yes to any of these questions, we need you.

Our petitions are available to download now. If you want to do more, contact the coordinator in your county for the Recall Gavin 2020 campaign, and find out how you can circulate petitions. There are many ways to get involved.

Let’s make history! Join Recall Gavin 2020. The path to making California golden again starts right here.

#RECALLNEWSOM


[Reply ]

    Re:
    Posted on: 2021-05-14 06:08:02   By: Anonymous
     
    You are possibly the least thoughtful person in the county. Or more likely you're a troll bot looking to drive more clicks on the website to sell more ads.

    [Reply ]

No Subject
Posted on: 2021-05-14 04:25:54   By: Anonymous
 
Finally we have a President from the left again.
" Inflation is rising, the Middle East is in shambles, the working class can’t fill up their gas tanks, our border is being overrun and the Biden Administration’s leadership is nowhere to be found."
Now he says don't look over there, lookup here, you can take off your mask if you're fully vaccinated. Isn't this great! What an achievement I've done!

[Reply ]

    Re:
    Posted on: 2021-05-14 05:03:38   By: Anonymous
     
    You quickly and conveniently forget. Remember Jared Kushner? Trump's gushing over him as the peace bringer/broker to the Israelis and Palestinians? Well, this explosion of violence is the result of 4 years of neglect by Jared and Trump. They both happy talked us the whole time they weren't actually doing a damn thing, but rubbing salt in the wounds. Put the credit where it belongs. Totally another Trump policy failure. Like the 600,000 deaths Trump's covid policy brought us.

    [Reply ]

      Re:
      Posted on: 2021-05-14 05:39:18   By: Anonymous
       
      You quickly forget the President Carter days! They are back with Idiot Biden! Everything is going up in price! It's called inflation and these stupid ass hole Demorats appear to not give a sh*t about it. Welcome Bumbling Biden he is doing such a great job! NOT!

      [Reply ]

        Re:
        Posted on: 2021-05-14 06:06:07   By: Anonymous
         
        I don't think you have any idea about what you're speaking of. Perhaps you should do a little reading about what happens when we come out of a global pandemic to prices...

        Calaveras College has some good classes.

        [Reply ]

    Re:
    Posted on: 2021-05-14 06:04:25   By: Anonymous
     
    So I'm clear... you're trying to blame the middle east on Biden? Or the fact that a pipeline company didn't have adequate cyber security infrastructure?

    Another disgraceful two faced republican, I see.

    [Reply ]

    Re:
    Posted on: 2021-05-14 07:00:40   By: Anonymous
     
    Wow, democrats sure are touchy today.
    Remember when the Biden's went to visit the Carter's?
    Guess why? It was to take away, actually steal an award President Carter had won fair and square!!!
    The Award For The Worst President Of All Times, President Biden Won That Award In Less Then 6 Months!!! SIX MONTHS!!!
    CONGRATULATIONS JOE BIDEN YOU'RE NUMBER ONE WORST PRESIDENT OF THE UNITED STATES OF AMERICA EVER!!!! YEAH JOEY!!!

    [Reply ]

      Re:
      Posted on: 2021-05-14 08:49:51   By: Anonymous
       
      Democrats are starting to think lying republicans are idiots

      [Reply ]


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