Now in april this year the Federal Reserve bank in new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and more likely to be classified as at risk for distress the nonminority Small Businesses. Further companies are three times likely as Healthy Business to close because of a two month the ppps program established under the cares act and administered by the Small Business administration and treasury for distress with responded to the covid19 pandemic. Recent analysis of the color of change in the United States found only one in ten africanamerican owned businesses received the requested funds through the program. I have heard from many a minority owned businesses who did everything right, they did not give a low number or loan in the first round, many minority businesses share the enhancement act was not adequately designed to enhance or assist Small Businesses. Thank you to the partnership of the Financial
This is a special meeting on wednesday, february 26, 2020 and et cetera called to order at 1 06 p. M. We thank sf gov tv. Members, please take this opportunity to silence your phones. Public comment during the meeting is generally limited to three minutes per speaker unless otherwise established by the presenting officer of the meeting. Speakers are requested but not required to state their names. A speaker card will ensure the written record of the meeting. Please place the speaker cards in basket. There is a signin sheet on the front tv, and please show the office. Welcome. It is our custom to begin and end each Small Business Commission Meeting with a reminder that the office of Small Business is the only place to start new business in San Francisco and get the best answers. The office of Small Business should be your first stop when you have a question about what to do next. You can find us online or in person here at city hall. Best of all, all of our services are free of charge.
Members, please take this opportunity to silence your phones. Public comment during the meeting is generally limited to three minutes per speaker unless otherwise established by the presenting officer of the meeting. Speakers are requested but not required to state their names. A speaker card will ensure the written record of the meeting. Please place the speaker cards in basket. There is a signin sheet on the front tv, and please show the office. Welcome. It is our custom to begin and end each Small Business Commission Meeting with a reminder that the office of Small Business is the only place to start new business in San Francisco and get the best answers. The office of Small Business should be your first stop when you have a question about what to do next. You can find us online or in person here at city hall. Best of all, all of our services are free of charge. The Small Business commission is here to voice your opinions and concerns about policies that affect the Economic Vitality
Reminder that the office of Small Business is the only place to start new business in San Francisco and get the best answers. The office of Small Business should be your first stop when you have a question about what to do next. You can find us online or in person here at city hall. Best of all, all of our services are free of charge. The Small Business commission is here to 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. Item one, called to order and role call. role call . You have a quorum. Apparently, a computer went down and we didnt have sound. So i appreciate everyone being flexible. I want to thank everyone for the virtual kitchens known as government kitchens and i would like to thank all of you tuning in on sfgov tv. We know its not easy take time away from your business to participate in opportunities
Small business is the only place to start new business in San Francisco and get the best answers. The office of Small Business should be your first stop when you have a question about what to do next. You can find us online or in person here at city hall. Best of all, all of our services are free of charge. The Small Business commission is here to 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. Item one, called to order and role call. role call . You have a quorum. Apparently, a computer went down and we didnt have sound. So i appreciate everyone being flexible. I want to thank everyone for the virtual kitchens known as government kitchens and i would like to thank all of you tuning in on sfgov tv. We know its not easy take time away from your business to participate in opportunities like this but be assured yo