Updates: Previously Economic Development Department (EDD) staff presented recommendations for a small business incentive program with the proposed budget for fiscal year 13. Unfortunately funding was not appropriated at that time. City staff continues to explore options and ideas for a small business incentive program.
Top suggestions and ideas from the most recent Small Business Summit include:
• Incentive program that mirrors incentives for larger businesses
• Gentrification incentives for owner occupied
• Equal incentives (small vs. large business) for opening new locations
We invite you to build upon these ideas and offer new suggestions below keeping in mind that while broad, big-picture solutions are helpful to discuss; we equally value specific, short-term solutions that may address a single issue within this area.
What ideas do you have to incentivize small business development?