Voice your opinions and concerns about policies that affect the Economic Vitality of Small Businesses in San Francisco. If you need assistance with Small Business matters, start here at the office of Small Business. Thank you. Please call item 1. Item 1, call to order and roll call. [roll call vote] commission dooly is absent. Commission huie is running late. [roll call] you have a quorum. Thank you. Next item, please. Item 2, general Public Comment. Allows member of the public to comment on matters that are within the Small Business commissions jurisdiction but not on todays calendar and to suggest new agenda items for the commissions future consideration. Discussion item. I presentedd to on your binders a Public Comment that was received before the start of the meeting. That would be applicable under general Public Comment. Great. Do we have to do anything to recognize that comment . Nope okay. So are there any members of the public who wish to speak on any matter that is not on toda
The additional 1 million will allow us to recapitalize the loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the additional dollars. Next piece is the 2 million allocation for the next two years to expand the s. F. Shines program, into the bayview, excelsior and lower haight. The dollars support Small Business owners to make improvements to their storefronts and interiors. With the goal here is to make the spaces more appealing and accessible to patrons and contribute to the overall vitality of the neighborhood. We estimate that the additional dollars will support about 100 businesses over the next two years
The additional 1 million will allow us to recapitalize the loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the additional dollars. Next piece is the 2 million allocation for the next two years to expand the s. F. Shines program, into the bayview, excelsior and lower haight. The dollars support Small Business owners to make improvements to their storefronts and interiors. With the goal here is to make the spaces more appealing and accessible to patrons and contribute to the overall vitality of the neighborhood. We estimate that the additional dollars will support about 100 businesses over the next two years
Loan program. This will allow us to provide lowinterest rates to invest in corridors. Were looking at about 3. 5 rate. But the loan is also available to citywide businesses or businesses across the city. The last time we actually provided resources to this Revolving Loan fund was in 2013, under mayor lee. And main street lounge is our partner in administering the loan. Were currently actually amending their contract, so we can add the additional dollars. Next piece is the 2 million allocation for the next two years to expand the s. F. Shines program, into the bayview, excelsior and lower haight. The dollars support Small Business owners to make improvements to their storefronts and interiors. With the goal here is to make the spaces more appealing and accessible to patrons and contribute to the overall vitality of the neighborhood. We estimate that the additional dollars will support about 100 businesses over the next two years. Just quickly, just some history on the program. Since 200
Applications and the recommendation from h. P. C. , staff find the businesses have met the three criteria to qualify for listing on the Small Business legacy. Your support of the businesses should be as a motion in favor of the resolutions. In the resolutions, please pay close attention to the core physical features or traditions that define the business. Once approved by the s. B. C. , the businesses must maintain these physical features or traditions in order to remain on the legacy business registry. For academy of ballet, its ballet school, for li po lounge, its bar. For lyra, its type casting or letter and book binding. For home together San Francisco, its renovation project, and for zazie, its restaurant. That concludes my presentation, and i have individuals that would like to speak on behalf of the organizations. President adams okay. Were going to go right into Public Comment now. Dont be shy. Hi. My name is zori carr, and i am the director of the academy of ballet. And i woul