Mayor Garcetti Announces Great Streets Great Business Program
Los Angeles Mayor Eric Garcetti has announced the launch of the Great Streets Great Business program.
This new program provides resources to all small businesses that are currently located on a designated Great Street corridor. The Great Streets Great Business program is administered by the Valley Economic Development Center, a small business expert serving Los Angeles for over 40 years.
Outreach specialists will be visiting every Great Street business over the next 12 months to provide the following services:
- Access to Capital: Loans from $1,000 up to $250,000 for working capital, real estate acquisition, building improvements, tenant improvements, construction and more.
- Business Retention: Technical assistance on marketing, accounting, and business plans to existing businesses through local Business Source Centers.
- Business Attraction: Recruitment of additional neighborhood-serving small businesses to Great Streets with high commercial vacancies.
The Great Streets Great Business program joins other resources available through the Great Streets initiative including, the Great Streets Challenge, Arts Activation Fund, enhanced street maintenance and streetscape projects. Check out LAGreatStreets.org for more information.
For the official Press Release, read more on Mayor Eric Garcetti’s website.