Small Business Investment

Equitable investments in entrepreneurship

Lack of access to capital hurts small businesses, which ultimately hurts job creation in local economies. Reduced access to capital drives owners toward debt, especially obligations owed to predatory online and (as yet) unregulated lenders. Financial trouble brings business closure, along with personal ramifications for the former business owner, such as bad credit, property foreclosure, loan default, or bankruptcy. The risk of entering into untenable financing arrangements is especially high for marginalized business owners seeking capital.

Priority areas for the organization include:

  • Developing a directory of financing options for small and medium enterprises
  • Updating the city of San Diego’s business incentive policy
  • Prioritizing city investments in Opportunity Zones in 2019
  • Ensuring accurate and timely reporting on city’s Community Reinvestment Master Plan
  • Creating appropriate City/County startup supports
  • Supporting a Disparity Study on City contractor diversity