Local Businesses: Mayor Announce $2.5 Million Funding to Support Legacy Businesses
Mayor Edwin M. Lee today announced more than $2.5 million in new funding in his proposed Fiscal Years 2016-17 and 2017-18 budget to create, develop and implement the San Francisco Legacy Business Program, which was approved by voters last November. The goals of the San Francisco Legacy Business Program are to stabilize, strengthen and sustain longtime San Francisco small businesses, especially those which have played a big part in the City’s local economy, diversity and history.
“Our longtime businesses are a vital part of what makes our neighborhoods unique and vibrant,” said Mayor Lee. “I am proud to invest over $2.5 million in new funding through my budget to help San Francisco legacy businesses succeed.”