Our mission is to advance the economic vitality of greater Irvine.
Our core initiatives are to be a catalyst for local economic growth, champion for the business community with all levels of government, and to convene greater Irvine stakeholders.
As an advisor who supports small businesses and runs in a lot of small business circles, I’ve seen a lot of pain, fear, and anxiety these past few weeks. A lot of you are hurting and simply can’t find support right now. You’ve tried your best to prepare for slowdowns — saved some emergency cash, got a line of credit, etc .— but you couldn’t have imagined going from 100 to 0 in a matter of hours, leaving you with a lot of bills to pay including rent and payroll. The median business holds cash reserves to cover 27 days of expenses, according to Chase. But even if you’re well-prepared with a three- to six-month buffer for your business, you still need to plan for what happens if that runs out. No one knows how long this will last. What you need right now is cash. The government has stepped up to help. But with three stimulus bills already passed, the last of which was 800 pages, it’s hard to know where to focus. Today, I’ll explain the main two ways your business can get cash now that the CARES Act is law. We’ll also discuss the steps you need to take t...
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A California restaurant has found a compassionate way of keeping their business open while simultaneously caring for hospital staffers fighting the novel coronavirus outbreaks. In addition to continuing their takeout and delivery services, the Tootsie’s restaurant at the Stanford Mall in Palo Alto has been using their catering services to feed doctors and nurses at their local hospitals. Since Tootsie’s owner Rocco Scordella launched his ingenious “Adopt a Doctor or Nurse” program earlier this month, community members have commissioned his restaurant to prepare and serve more than 2,000 meals to various hospital departments in the Bay Area. “Even the first day was 750 requests. I was like oh my,” Scordella told KRON News. “I’m gonna be busier than when I’m actually open so its good. It’s really good to see the community coming in.” Not only has his catering program been helping to feed hospital personnel during the COVID-19 outbreaks, the influx in business has also helped Scordella to rehire a number of staffers who he had been forced to lay off at the start of the shutdowns. He now hopes that other businesses around the world will implement the Adopt a Nurse or Doc program in their own restaurants as a means of support hospital workers durin...
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UCI Medical Center is in urgent need of supplies for frontline care providers and staff. To help, UCI School of Medicine students are hosting a Personal Protective Equipment (PPE) drive from Monday, March 30 to Saturday, April 4. Donations are needed to help protect healthcare providers who are working tirelessly during this unprecedented time. UCI Medical Center is accepting the following supplies in unopened and unused condition: N95 Respirators Surgical Masks Face Shields Protective Goggles Disposable Gloves Hand Sanitizer Isolation Gowns Drop-Off Locations and Dates: 3/30, 3/31, 4/1, 4/2, 4/4 @ 8 a.m. - 12 p.m. Gavin Herbert Eye Institute Parking Lot 850 Health Sciences Rd, Irvine, CA 92697 3/30, 3/31, 4/1 @ 8 a.m. - 12 p.m. Albertsons Ladera Ranch 27702 Crown Valley Pkwy Suite B, Ladera Ranch, CA 92694 For questions or concerns, email donatemasksucisom@gmail.com.
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Gov. Gavin Newsom gave cash-strapped California renters 60 days to figure out how to pay the rent while facing work slowdowns or loss of income during the current pandemic. Newsom signed an executive order Friday, March 27, banning all evictions through May 31 if a tenant is unable to pay his or her rent due to the novel coronavirus outbreak. The order requires tenants to declare in writing to the landlord within seven days of the rental due date that they cannot pay all or part of their rent due to COVID-19. Tenants are required to retain documentation showing they have suffered economic hardship due to the outbreak but are not required to submit it to the landlord in advance. The tenant also remains obligated to repay the full rent “in a timely manner” and can still face eviction after the moratorium is lifted. A spokesman for the governor’s said the order applies to residential renters only, not commercial tenants. Some representatives of California’s most financially vulnerable population cheered the move. “A single statewide standard without onerous paperwork requirements makes this moratorium an extremely effective and immediate tool,” said Bob Schoonover, president of Service Employees International Union California. Others didn’t think Newsom went far enough. The Alliance o...
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