LATINO RESTAURANT ASSOCIATION OFFERS $2,500 GRANTS TO LOCAL RESTAURANT OWNERS IN SOUTH FRESNO, KINGS, AND TULARE COUNTIES
Rhea-AI Summary
The Latino Restaurant Association (LRA) has announced a new grant program sponsored by SoCalGas, offering $2,500 grants to 35 local restaurant owners in South Fresno, Kings, and Tulare Counties. The initiative aims to support restaurants owned by individuals of Latino heritage or those who have significantly contributed to the Latino community. To qualify, restaurants must meet specific criteria, including owning up to three locations, generating less than $1 million in annual revenue per location, and being in business for over three years.
Grant applications open on July 30, 2024, and close on August 23, 2024. Recipients will be notified by September 2, 2024, with official announcements made on September 9, 2024. The program demonstrates SoCalGas's commitment to supporting diverse, local restaurants and their contributions to the community.
Positive
- SoCalGas (SRE) is sponsoring a grant program to support local restaurants, potentially improving community relations
- The initiative targets specific counties, showing focused community engagement
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SRE gained 1.77%, reflecting a mild positive market reaction.
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"We are thrilled to collaborate with SoCalGas to support our local restaurants, especially those owned by members of the Latino community," said Lilly Rocha, CEO of the Latino Restaurant Association. "This grant program is designed to help these businesses thrive and continue contributing to our vibrant local economy. "By providing these grants to restaurants in
To qualify for the grant, restaurant owners must meet the following criteria:
- Own up to three (3) restaurant locations
- Generate less than
in annual revenue per location$1 million - Have been in business for more than three (3) years
- Must be a current SoCalGas business customer
- Be a member of the Latino Restaurant Association (Free two-year memberships are available to restaurants in
South Fresno ,Kings , andVisalia Counties. Sign up by August 23, 2024, using code VKF2024 to bypass the payment on the LRA Member Sign Up Page (HERE)
Grant applications open on Monday, July 30, 2024, and close on August 23, 2024. Restaurant owners can apply through the Latino Restaurant Association using the following link: LRA Grant Applications. Participants will be notified of their application status by September 2, 2024, and grant recipients will be officially announced on September 9, 2024.
"At SoCalGas we value diverse, local restaurants and recognize the contributions they make to our communities. We are glad to support the LRA in providing grants for small restaurants. These grants will provide some relief and can be used toward the purchase of interior equipment, technology upgrades, employee benefits or other changes that will support their small business," said Andy Carrasco, vice president of communications, local government and community affairs at SoCalGas and member of the Latino Restaurant Association Board of Directors.
For more information on the grant program or to apply, please visit the Latino Restaurant Association's website at https://latinorestaurantassociation.org/.
About the Latino Restaurant Association:
The Latino Restaurant Association (LRA) is dedicated to supporting Latino restaurant owners and promoting Latino cuisine'. The LRA provides resources, advocacy, and networking opportunities to help Latino-owned restaurants succeed and grow.
About SoCalGas:
SoCalGas is the largest gas distribution utility in
Contact:
Robert Alaniz
Milagro Media Strategies
(626) 437-3354
robert@milagroagency.com
View original content:https://www.prnewswire.com/news-releases/latino-restaurant-association-offers-2-500-grants-to-local-restaurant-owners-in-south-fresno-kings-and-tulare-counties-302211833.html
SOURCE Latino Restaurant Association