Economic Development Department Monthly Update
Since our May 2020 Economic Development update, a lot has occurred. The governor allowed California to move into the Reopening Stage 2.5 that allowed more businesses to reopen. Unfortunately, COVID-19 infection rates climbed quickly, and now, many previous restrictions were put back in place.
As many of you may know, President Trump's CARES Act is providing a $2.2T stimulus to help our Country get through the COVID-19 situation. While the CARES Act is funding several popular loan programs, the programs getting the most attention from businesses are the Payroll Protection Program (a forgivable loan of up to $10m based on your average monthly payroll expenses subject to certain conditions and requirements) and SBA's Economic Injury Disaster Loan Program along with its $10,000 cash advance.
If you have spent any time in California, you have grown reasonably accustomed to (or, at least familiar with) floods, earthquakes, wildfires, and droughts. We can now add global pandemic to the list. Through each of these situations, I have always been impressed with the depth of character, the caring and the support demonstrated by community members.
This will be a great year to live, work, and relax in Cathedral City. Our Downtown Arts and Entertainment District is building fantastic momentum. The CV Repertory Theater looks incredible inside, which you’ll be able...
A lot has gone on within the Economic Development Department since our last update! It is this activity, energy, and diversity of activities which makes our department an exciting place to work. Below is a...
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A Message from Stone James, Director Would you like to make your life more interesting and more rewarding? Are you interested in making society a better place? If so, education is our community’s best opportunity...
Opening and operating a business can be a rewarding, but daunting task. From consistently providing customers high-quality service (or products), to bookkeeping, and to advertising, don’t forget managing the never ending social media accounts, there are so many things to juggle.
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Much progress has been made since our last update. For those of you who were unable to attend the State of the City address, I have a little bad news, a little good news, and a lot of great news to share.
The City of Cathedral City works closely with the local Chamber of Commerce to promote and encourage continued success among members of the Cathedral City business and civic service community. It’s especially fitting, therefore, that each year the City’s best & brightest “stars”, and those who support their continued success, are recognized at the Chamber’s annual Orion Awards. This year’s event was held on Friday, June 23rd at the beautiful DoubleTree by Hilton Resort Hotel at Vista Chino & Landau. The overall Presenting Sponsor of the event was Jessup Auto Plaza.
Community Update by Curt Watts Economic Development Director It makes a lot of “cents” for Cathedral City residents and visitors to actively support businesses located within our city. As the summer approaches and fewer visitors to...