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How regional leaders are relaunching their local economies after the pandemic

Gov. Gavin Newsom last week announced that the state is offering $500 million in relief grants and tax credits for small businesses that have been directly affected by the COVID-19 pandemic. Small businesses can apply for as much as $25,000 each, and the funding would be distributed throughout the state by early 2021. Nonprofits are also eligible for these grants. State officials said that small businesses create two-thirds of California’s new jobs and employ nearly half of all private sector employees. Small businesses can currently apply for a three-month, income tax payment extension ...