Metro recently released the 2019 Small Business Report highlighting the accomplishments of two innovative pilot small business programs, the Business Interruption Fund (BIF) and the Crenshaw/LAX Pilot Business Solution Center (BSC). These two pilot programs have entered their fourth year of implementation and continue to provide support to small businesses impacted by transit rail construction. The BIF and BSC represent Metro’s commitment to helping small businesses thrive in their communities as we build for the future. To view the small business report, click here or see below.
The BIF provides financial assistance to small “mom and pop” businesses directly impacted by construction along the Crenshaw/LAX Transit Project, the Little Tokyo area of the Regional Connector, and Purple Line Extension Section 1, Section 2 and Section 3. The small businesses highlighted in the report represent the diverse small business community that Metro continues to support and include NT Auto Repair located in the Little Tokyo area of the Regional Connector and Brides by Liza located along Purple Line Extension Section 2.
Metro’s Crenshaw/LAX Pilot Business Solution Center which was established to provide business support services to small businesses along the Crenshaw/LAX corridor continues to offer informative workshops and provide direct assistance in website development, mobile and search engine optimization, accounting and QuickBooks. Ride On! Bike Shop/Co-op, one of the businesses featured in the report, has benefited from these services and grown their business.
For more information about these programs, please visit metro.net/bif and metrobsc.net/crenshaw.
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