Restaurants Care Resilience Fund
The Restaurants Care Resilience Fund, a program of the nonprofit California Restaurant Foundation, aims to support independent restaurants in California. This initiative is a clear alignment with the foundation's mission to strengthen the restaurant community by providing crucial financial aid. The fund, powered by generous gifts from PG&E, SoCalGas, and SDG&E, is set to award 278 independent restaurants with grants of $5,000 in 2024. The primary beneficiaries of this program are independently owned, for-profit restaurants or commercial caterers in California. Specifically, eligible entities must be owned by a CA resident, operate 1-5 units, earn no more than $3 million in annual gross revenue (combined for all units), and be a commercial customer of either PG&E, SoCalGas, or SDG&E, while currently being open and active for business. Franchises, home businesses, food trucks, and meal prep companies are not eligible, ensuring the grants directly support small, independent operators. The impact goal is to bolster the resilience and sustainability of these businesses, particularly in areas of operational improvement, employee welfare, and recovery from unforeseen hardships. The fund prioritizes several key areas for grant utilization. These include investments in energy-efficient kitchen equipment, which also qualify for rebates, thereby maximizing the grant's value. Technology upgrades are another focus, supporting the adoption of essential systems like POS, website, accounting, HR, inventory management, and loyalty programs. Employee training, covering areas like program design, ServSafe certifications, and participation in industry training councils, is also a priority, recognizing the importance of a skilled workforce. Additionally, the grants can be used for retention bonuses to reward employees and for addressing unforeseen hardships such as robbery, vandalism, fire, flood, or natural disasters experienced within the last 12 months. The expected outcomes are a more resilient and modern independent restaurant sector in California. Measurable results will include the number of restaurants receiving grants, the types of investments made (e.g., number of energy-efficient equipment purchases, technology upgrades implemented, employees trained, or retention bonuses distributed), and the number of businesses recovering from hardships. While not explicitly detailed as a strategic priority or theory of change within the provided text, the foundation's approach appears to be a direct intervention model, providing financial resources to address immediate needs and foster long-term stability and growth for small businesses within the restaurant industry. This strategy directly contributes to economic stability and community welfare by supporting a vital sector.
Award Range
Not specified - $5,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
Independent restaurants or commercial caterers located in CA owned by a CA resident Must be an independently-owned, for-profit business including sole proprietorships, LLC's or Corporations that are not publicly traded (not part of a large chain or franchise); nonprofits are not eligible to apply. 1-5 units Under $3 million in annual revenue (combined revenue for all units/concepts) Have been open for at least one full year Currently open Commercial customer of PG&E, SoCalGas, or SDG&E. You must upload a utility bill that says "commercial customer". Businesses must serve food and beverage. Example, a coffee shop that only serves coffee would not qualify. But a coffee shop that serves scones and muffins would. Restaurants must be brick and mortar, open to the public, have regular operating hours, and serve both food and beverage. If you received a grant from the Resilience Fund in the past, you are eligible to apply again. Howeer, priority will be given to those who have not received funding from us in the past. Note: members of the STATE boards of the California Restaurant Association and California Restaurant Foundation are not eligible.
Geographic Eligibility
All
Application Opens
June 20, 2024
Application Closes
June 30, 2024
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