The keva west side in San Francisco it is giving loans you know keva raufrnd 10 yargz in San Francisco as an organization that supports enterprise halfway around the world get our start in the Development World and a few years ago starting work working in our own backyard what motivates us to work in the United States is the statistics coit u coming out of the concrete cringe 7 out of 10 Small Businesses that apply get a reservation and two of over Small Business is if Small BusinessSmall Businesses have challenges that is very, very difficult and one thing welds to make easier is letting every day Small Business participate in crowd funding youve heard of that for major movie but one for the little kwie that local Small Business that might be selling delicious treats right here arrest a home basis daycare or a House Cleaning service that makes our communities better theyre struggling for access to capital we want to connect them to capable lenders to finance their dreams and derrick right now for example, he was on the keva website and lane is 5 percent opportunity from a group of individuals that everyone else can chip in and basic become an investor in derricks business he buys the equipment pay back the loan and get money back into our account future 5 hundred has startups but it is a chance to be angles for derrick you thoildz without a whole communities of supporters i want to fierce this our sponsor capital one that is committed to Small Businesses when we graduate from the first loan then hopefully graduate to large loans from capital one and also the city mayor and the team with the city has been incredibly helpful in facilitating the connections to local organizations working with underserved Small Business this would not have happened we wouldnt be able to help calling names tinder Economic Development project urban solutions and 50 other groups in San Francisco that have actually promenade it in helping businesses like derricks discover the keva playroom so the call to action for example, aura Small Business inform San Francisco and struggling think about crowd funding and think about keva. Org and get on to will have a zero percent along these 95 percent of businesses that post the loan gets funded in thirty days if you live in the city and you care of is economic vibrancy this is a simple way to liking a facebook you can now invest 25 with that, i want to to your knowledge cushion to you get involved and thank you very much again to capita one of the city of the list of the huge list of communicated supporters that make it easier for Small Businesses like derrick to get a loan thank you clapping. thank you you know since day one mayor ed lee has made supporting and tracking Small Businesses a priority of his administration he talked about how to help to support Small Businesses it is an honor to welcome our mayor, mayor ed lee clapping. thank you, todd great to join you and see the product of working with the Small Businesses and working with the chamber of commerce and the groups in chinatown and to promote hot how to fill vacancies i love the story that mr. Shaw from keva. Org given i know that in speaking with him and others that the founders the eco have were expired inspired empty mohammeds that give a recommendation he started figuring out the challenge of women owned and minority owned businesses with or without way out no bank dash and wanted to get micro loans out to the community that continues to be the story even in great economic foundational places like San Francisco working with with our Small Business commission and mark igniting e dwight one of the leaders and the chair we continue with our director of our Small Business office to identify the challenges that our Small Businesses and make sure that we cover everything from having an internet portal we get your preliminaries in within place and forms to making sure they are connections to simultaneously micro loans and large banks im so happy to see on this example of derricks effort because his great gather i need to say that as you know i have a joke coming it great gather used to serve this wonderful Dragon Beard Candy to the emperor of china im not a ini emperor only the mayor but i wanted to signal im here to also not only taste this candy by support Small Businesses like a delightful and part of cultural experience and draw we want to have for people visits place like chinatown but all over the city support initiative forevers to criteria Small Businesses we hope with the support of eco have at the first and capital one later on that they will grow into a large attractions that continues success in San Francisco it is that is these kinds of businesses the yes, maam before that time of our Commission Towards businesses like womens businesses we then continue it effort it is wonderful someone many the private sector like you and me can over a 25 effort or effort to a company and have it interest free that is a fantastic promotion we want over one thesis businesses if San Francisco to receive this kind of treatment from the next few years this is a great launch another great effort for the private sector linking u. S. Bancorp up with the city of San Francisco to support Small Businesses i cant wait to have my mustache touch that thing laughter i have the privilege of working with supervisor christensen because shes a great supporter of Small Businesses himself o herself having a Small Business herself and knowing the champs and giving me constant advice to us house to do better im liking the whole voimg from the Small Business commission to eco have to capital one to our supervisor and to our Economic Development office that we keep working with investment in neighborhoods and all the Grant Programs that our city offers to really flower aisle out more the Small Businesses ive ouch said it is our Small Businesses that are the backbone of our economic strength in this city as an examples like this supporting derricks family of a receipt hell keep secret for years to come were delighted in celebrating on this wonderful candy and the history of that is what we find interesting not just what we do but the history of identity it has to the cultural sixth we offer in San Francisco so im delight to join every one of you to this incredible opportunities but also to know the connective backward with wasnt what we are doing to support more of the efforts coming forgot in outline chrlt centers and also our commercial corridors in the city with that, i want to congratulate everyone and thank them and ill be interested in what everyone has to say but taste this stuff quickly thank you clapping. as the mayor mentions beer here in chinatown in the heart of district 3 sported owe supervisor christensen a tireless advocate for the Business Community and Economic Workforce Development supervisor christensen. Thank you clapping. i always say to everybody incite this a wonderful neighborhood wear in a beautiful place want to welcome everyone and encourage folks to come to chinatown the jewel of district 3 as the mayor mentioned i ran a 134b important over thirty years and worked with entrepreneurs and inadvertent oversees and people on ideas as important as those ideas theyre made or broken by a lot of backhouse things like financial responsibility and funding and so im excited for the opportunity that potrero have will bring to the merchant of our district this process that business and scott wiener value of these process answered a few of the questions for a lot of people the question is whats the new economy doing for me how does that work for the average person or the Small Business owner and potrero have is spilled one of the answers i have not have found by my son an avid potrero have investigator hes watching the businesses grow with the effects of his contributions it is go fascist for this to our merchant in district 3 where is chinatown going and evolving ive only been to have dr. Blanco spirit candy in the past only authentic treat is going to be available to residents and to visits because of derricks efforts and eco value of these help is great for chinatown and after all us im grateful to eco value of these help and im delighted with derricks success and everybody come down and joy some and i want to invite up capital one of the Financial Partner on this issue. clapping. good afternoon and thank you very much m and supervisor it is a fantastic day to be here in San Francisco wonderful to meet derrick and hes Family Capital one as an expensive collaboration with potrero have were thrilled to be bringing potrero have to arrive we provided a total of 8 hundred and restraining order thousand dollars over 3 years to pep help to enable hopefully, a though new Business Owners to assess potrero vaz platform and to help others Business Owners there are products or services and slacks with organizations and partners like e like potrero have in the city of San Francisco and the wonderful programs and services you have in place to support men and women over the years weve been investing over 1 point one Million Dollars to capital one to men and women like derrick that are launching and expanding Small Businesses and ouchd over 7 hundred Small Businesses and looking at to being part of the thousand that be launch and flourish hopefully in San Francisco i want to say from my heart derrick to you and your family it is wonderful to hear our story and the power of what youre doing and passing on through generations thank you for letting capital one be part ever it and have a wonderful afternoon clapping. so i want to invite derrick to talk about eco have of San Francisco is going to benefit his business here in chinatown. Derrick. clapping. first of all, i would like to thank all the media and for coming to this press event frankly the first time to give a speech in the public im derrick i was born if hong kong and stayed with my family when i was 21 my family used get the traditional candy store in hong kong were selling a unique candy called dr. Blanco candy the best candy and this is my dad so, yeah basically, he spent his life to make this candy for that the rest of world i wish you can give him a hand clapping. thank you so much the dr. Blanco beer candy was only for the chinese yes, maam per and maybe you know of chinese candy it is mask and started in europe and he kept pulling that like a white psychological after he worked with the peanuts and sesame needs is innovate like my kind of america candy or pastry i was was saying this candy is a chinese cultural thing and i decided to open this store after graduation but thankfully it is kind of frustrates for fresh owners to set up a business in a decity not easy im short of cash and also so at the first, beginning year im kind of lost by i would see im the lucky one i get the help from the Small Business administration and also potrero have and yeah, the oewd they give me lots of opinion and information how to get a story store and require the permits so i really time to say thank you especially to the folks they preside a platform to buy the sgrints and transportation because my business is invited to some kind of a cultural festival we need a transportation cargo so when eco have knew any story willing to help me thank you, again last but not least i would like to thank telephone call to all the labor and communities i cant stand here and the dralg cant continue to showing it to you so thank you very much clapping. thank you, derrick i think derrick youre the reason were here and the supervision with the thousand loans to Small Businesses coming out to helping you two lessons derrick said girs first go on potrero have and provide a loan but not leave here without having some of the dr. Blanco beer candy thank you very much i appreciate started please turn off your cell phones or keep them on vibrate two a speaker on an item or part of public and want to speak an, an item please fill out a speaker card ill call think you. Please step forward when Public Comment is open. Thank you it sfgovtv and Media Services for showing this meeting live to the public overtime we met lets start with roll call commissioner lee commissioner joseph commissioner moshoyannis commissioner caminong commissioner president tan we have quorum