SUNNYVALE — Small businesses and nonprofits in Sunnyvale will soon have access to a more than $2 million pot of money funded by the city, private donations, and federal stimulus funds, to help offset financial impacts caused by the COVID-19 pandemic.
The money is part of almost $3 million funneled through the new Sunnyvale Cares program since March, aimed at helping struggling businesses and lower income residents, and the city is hoping the pot will grow with more donations.
The Sunnyvale City Council approved last month putting up $600,000 in small business assistance funds to seed Sunnyvale Cares, which also drew on founding donations of $300,000 from Google, and $100,000 donation from LinkedIn, which is headquartered in the city.
The philanthropic arm of Sunnyvale-based Intuitive Surgical, the Intuitive Foundation, also donated $200,000 for small business assistance, and multibillion-dollar real estate development firm Jay Paul Company subsequently gave $100,000, according to a city statement.
“This crisis is affecting every aspect of our community and we are pursuing every possible way to help,” Sunnyvale Mayor Larry Klein said in a statement Thursday.
“These donations are examples of the incredible generosity and collaboration that stem from the strong ties we have between our city, businesses and community here in Sunnyvale.”
The city also put up $150,000 for nonprofit organizations offering services to Sunnyvale residents or small businesses,and the council agreed to allocate $690,000 of community development block grants funded through the federal Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, to nonprofits that assist COVID-impacted lower income Sunnyvale residents.
Some of the services that money could help fund would include rental assistance, food, and motel vouchers for the homeless, the city said.
The city also gave $250,000 in emergency funding directly to nonprofit Sunnyvale Community Services, which also received a $350,000 from Google to help with rental assistance for local tenants, and LinkedIn also gave $50,000 to the nonprofit.
Google also chipped in $100,000 to the Sunnyvale Education Foundation for distance learning equipment and supplies for teachers, and $90,000 to Fremont High School in Sunnyvale for more than 10,000 meals prepared by Moffett Park restaurants, the city said.
“As a member of the Sunnyvale community, we hope these funds will help teachers and students adjust to remote learning, provide small businesses some of the support they need, and ease the burden of rental and utility costs for our neighbors,” Javier González, Google’s government and public policy manager, said.
The nonprofit Enterprise Foundation will help the city collect donations, review applications from businesses and disperse the grant funds. Eligible businesses would receive grants of up to $15,000 each, the city said.
The final eligibility requirements are still being decided, but current requirements include that businesses must have a physical location in Sunnyvale and fewer than 50 employees, unless it is a restaurant, which can have up to 100 employees, the city said.
City staff will administer the grants to the nonprofits and is still working on developing the criteria for those funds.
Jennifer Garnett, a spokeswoman for the city, said Sunnyvale expects to open the application process to local businesses and nonprofits later this month.
“Our hope is that the program continues to grow through additional donations,” Garnett said.
People interested in applying for funding or donating to the program can visit the city’s website at sunnyvale.ca.gov/SVCares.
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May 08, 2020 at 06:25AM
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