Silicon Valley Community Foundation: Small Business Relief Fund
The economic and personal impacts from the COVID-19 pandemic are growing and potentially devastating for small businesses in California and beyond. Due to drops in consumer demand, small businesses—more likely owned by immigrants, women and people of color— and their employees are affected more quickly and severely versus large firms. Even before a crisis, a significant portion of self-employed and small business owners had low and inconsistent incomes and were financially stressed. When small businesses fail, the owners, their families, their employees and whole communities suffer.