The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $1,417,164 project grant to the City of South San Francisco under the Economic Adjustment Assistance (EAA) program. The grant will support the development of a business resource center in partnership with the Renaissance Entrepreneurship Center to provide technical assistance services to emerging and established small businesses in North San Mateo County, California. Services will target low- and moderate-income, minority, and other underserved populations to help entrepreneurs adjust to the new business climate, pivot their models, build capacity, recover, and enhance their ability to participate in the digital economy. Annually, the resource center will deliver a hybrid of in-person and virtual services to over 200 participants. The project aims to strengthen and diversify the regional economy, attracting private investment and supporting job creation and secondary business development.
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