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LA COVID Fund Grants for Gig Workers, Small Businesses

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The unemployment rate in L.A. County is a staggering 20.9 percent, according to the California Employment Development Department – far higher than the state average of 16.3 percent, or even the national average of 11.1 percent. 

But today, there is good news. On Monday, the L.A. Regional COVID-19 Recovery Fund started accepting applications for $5,000 and $15,000 grants to small businesses, nonprofits, and micro-entrepreneurs that operate in Los Angeles County and meet the eligibility criteria. Funded by the County and City of Los Angeles, in partnership with various philanthropic groups, the fund will award $3 million over the next four months.


What You Need To Know

  • The L.A. Regional COVID-19 Recovery Fund is awarding $5K, $15K grants to small businesses, nonprofits, micro-entrepreneurs
  • Applications are accepted starting July 6
  • Grants are awarded with lottery system
  • Applications are weighted toward Veterans and entities that serve low-to-moderate income communities

The $5,000 micro entrepreneur grants are available to gig economy workers (such as Uber drivers), street vendors, sole proprietors, independent contractors, and 1099 workers with revenues of $100,000 or less, according to their most recent tax return. 

The $15,000 small business grants are available to active, for-profit business entities that have a yearly gross revenue of more than $100,000 but less than $1 million, according to their most recent tax return. Nonprofit groups are also eligible for a $15,000 grant if they are a registered 501(C)(3) that provides supportive services to low- to moderate-income individuals or families in L.A. County and also have an annual gross revenue of less than $1 million.

All applicants must verify revenue with a 2018 or 2019 tax return and apply online.

“There’s a lot of need out there,” said Tunua Thrash-Ntuk, executive director of Local Initiatives Support Corporation, the organization that is implementing the program. During the first 8-1/2 hours of the site going live Monday, LISC had received 3,000 applications.

Thrash-Ntuk expects to receive 12,000 by Friday, after which her group will begin vetting the first round of finalists. In total, about 400 entities will receive the grants, she said.

The grants will be awarded in six rounds starting July 6 and running every other week through September 18. Each round is available for one week, beginning Monday and closing Friday at 11:59 p.m. Pacific Standard Time. The applications are available in 15 languages, from Arabic to Hindi to Vietnamese. Finalists will be notified by email and must respond immediately, according to COVID Fund administrator, the Local Initiatives Support Corporation. Undocumented residents are eligible and will need to complete a W-9 form with an ITIN or business TAX ID number if selected as a finalist. 

Those who are selected to receive the grants will need to certify they have been negatively impacted by the COVID-19 pandemic and are also promoting the best interests of the community. While entities can submit a new application for each round, they can only receive one grant.

Designed to plug the gaps of the federal Economic Injury Disaster Loan program and Paycheck Protection Program that left out many of L.A.’s most vulnerable entrepreneurs and small business operators, the L.A. COVID grants will be awarded through a lottery system that is weighted to favor entities that are located in or primarily serve low-to-moderate income census tracts, Veteran-owned small businesses, and small businesses or nonprofits with less than $500,000 in yearly revenues. 

“Maybe they weren’t large enough or didn’t  make enough money. They were the kind of entities that weren’t super sophisticated and didn’t have a lot of the paperwork to quality for the EIDL or PPP, especially for some of our very small businesses,” said Thrash-Ntuk, citing hair stylists and handymen as examples.

The grants are part of a three-tiered program that also includes loans as well as coaching and technical assistance. Starting this fall, the L.A. COVID Fund will begin offering loans and micro-loans to the same entities that are also eligible for the grants. And it is currently working with community organizations to provide free coaching and one-on-one technical assistance to grant and loan applicants. 

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Gig Economy Market 2020 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2026 – My Kids Health

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Information & Technology -Credible Markets

The recent report on “Global Gig Economy Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026” offered by Credible Markets, comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Gig Economy Market”.

Impact of Covid-19 in Gig Economy Market: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Gig Economy market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Download FREE Sample Copy of Gig Economy Report @ https://www.crediblemarkets.com/sample-request/gig-economy-market-968602

Key players in the global Gig Economy market covered in Chapter 4:

Prosper
Lime
Etsy
BlaBlaCar
VaShare
Envato Studio
Fon
BHU Technology
Didi Global
Snap
Freelancer.com
Zipcar
Uber
Toptal
Stashbee
Eatwith
Lyft
Couchsurfing
PeoplePerHour
Spotahome
Care.como
E-stronger
Silvernest
Upwork
Fiverr
Steam
Hubble
Home Away
Omni
Airbnb
JustPark
Airtasker

In Chapter 11 and 13.3, on the basis of types, the Gig Economy market from 2015 to 2026 is primarily split into:

Asset-Sharing Services
Transportation-Based Services
Professional Services
Household & Miscellaneous Services (HGHM)
Others

In Chapter 12 and 13.4, on the basis of applications, the Gig Economy market from 2015 to 2026 covers:

Traffic
Electronic
Accommodation
Food and Beverage
Tourism
Education
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2026) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10, 13:

United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World

Enquiry before Buying this Report @ https://www.crediblemarkets.com/enquire-request/gig-economy-market-968602 

Some Points from Table of Content

Global Gig Economy Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 

Chapter 1 Report Overview

Chapter 2 Global Market Growth Trends

Chapter 3 Value Chain of Gig Economy Market

Chapter 4 Players Profiles

Chapter 5 Global Gig Economy Market Analysis by Regions

Chapter 6 North America Gig Economy Market Analysis by Countries

Chapter 7 Europe Gig Economy Market Analysis by Countries

Chapter 8 Asia-Pacific Gig Economy Market Analysis by Countries

Chapter 9 Middle East and Africa Gig Economy Market Analysis by Countries

Chapter 10 South America Gig Economy Market Analysis by Countries

Chapter 11 Global Gig Economy Market Segment by Types

Chapter 12 Global Gig Economy Market Segment by Applications

Chapter 13 Gig Economy Market Forecast by Regions (2020-2026)

Chapter 14 Appendix

The research provides answers to the following key questions:

    What is the expected growth rate of the Gig Economy market? What will be the market size for the forecast period, 2020 – 2026?

    What are the major driving forces responsible for transforming the trajectory of the industry?

    Who are major vendors dominating the Gig Economy industry across different regions? What are their winning strategies to stay ahead in the competition?

    What are the market trends business owners can rely upon in the coming years?

    What are the threats and challenges expected to restrict the progress of the industry across different countries?

    What are the key opportunities that business owners can bank on for the forecast period, 2020 – 2026?

Grab Maximum Discount on Gig Economy Market Research Report @ https://www.crediblemarkets.com/discount-request/gig-economy-market-968602 

About Credible Markets

Credible Markets has emerged as a dependable source for the market research needs of businesses within a quick time span. We have collaborated with leading publishers of market intelligence and the coverage of our reports reserve spans all the key industry verticals and thousands of micro markets. The massive repository allows our clients to pick from recently published reports from a range of publishers that also provide extensive regional and country-wise analysis. Moreover, pre-booked research reports are among our top offerings.

Contact Us

Credible Markets Analytics

99 Wall Street 2124 New York, NY 10005

US Contact No: +1(929)-450-2887

Email: [email protected]

Ask for customization @ https://www.crediblemarkets.com/custom-research

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Weekend Extra: Artist Qubek tells Metro how he’s livening up closed gig venues

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AS CORONAVIRUS closed music venues and independent creative businesses across the country, street artists painted their towns red, green, blue and pink, bringing colour to the shutters and raising a much-needed smile. A world away from the old image of outlaws daubing graffiti on buildings in the dead of night, this is commissioned art, bringing creativity to empty spaces with the full blessing of the site owners.

In Manchester, muralist Qubek was invited to remind passers-by of the good times they’ve enjoyed at live music hotspots by painting the closed shutters of the O2 Victoria Warehouse and O2 Ritz Manchester. As part of O2’s national This Is Just An Interval campaign, the venues’ exteriors have a new look while fans await the return of live music.

‘It was quite an emotional thing for me, really, remembering the great times I’ve had in those venues, particularly the Ritz, which was where I had my first big nights out,’ Qubek recalls. ‘I used to go there every Wednesday with my mates, so I’ve loved the opportunity from O2 to express myself on the venue.

Buzzing: Qubek and his symbolic ‘lonely microphone’ piece, below

‘At first, I wasn’t really sure how to sum that up, but as I got started I realised that, for me, it’s all about the people who make these venues what they are: the musicians and the people who work across the gig economy, and how hard it is for them at the moment.

‘The lonely microphone on the floor of an empty venue is symbolic of how people are feeling right now, not knowing when things are going to get better, but adding the text “this is just an interval” gives the piece a message of hope. That’s my idea behind it, anyway.’

As the artist behind Manchester’s famous bee murals, he is used to capturing the city’s creative, industrious spirit. His depiction of 22 bees which adorns the Northern Quarter’s Koffee Pot commemorate the lives lost in 2017’s Manchester Arena attack, and act as a moving reminder of the city’s spirit and creativity.

‘I’ve painted bees for years, little Manchester worker bees, I’ve always loved them as signifying the hardworking people of the city,’ explains Qubek. ‘But it was after the arena attack and the tragedy there that they became particularly poignant for a lot of people, and I was asked to do more of them.

‘It was an opportunity to try to help at a time where we all felt pretty hopeless — and I think if you have an opportunity to put something back, you should always try to take it. The ones I’ve painted so far have been auctioned for about £90,000 for charity.’ Qubek, who lives in Old Trafford with his partner and young family, is also keen to put as much as he can back into the wider community.

‘Other than commissions, I do a lot of work running workshops for young people and helping them channel their creativity with public art,’ he explains.

‘There’s an idea that we are all running around at night spray-painting train carriages, and while there are people who do, and I did start out being a bit naughty where I sprayed, the vast majority of us are working on positive artwork, designed to inspire the community.

‘I see so many talented kids coming through, and it’s really hard for them these days to find an outlet for that creativity. There is a great community on Instagram, too. Every day, I look at the murals and street art being done around the world and it takes your breath away. We’re part of an amazing global movement.

‘That was the thing for me about the dropped mic and us all waiting for live music to return. The creative community is huge, and whether that’s as artists, musicians, writers or any of the other industries in the gig economy, we are all part of a wider community supporting each other.’

Instagram @qubekmanchester



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COVID-19 Impact on Gig Economy Market 2020- future development, manufacturers, trends, share, size and forecast details shared in the report – Owned

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Let’s begin with, why research is important for Gig Economy Market? It is always important because it gives direction to deal with a specific problem. Report Ocean has recently published a market research report on the Gig Economy Market which will provide you a leading direction of Gig Economy Market. This research report keenly focusses on development status and recent trends of the Gig Economy Market, along with competitive landscape, supply chain, market dynamics (opportunities, restraints, and drivers), government policies and opportunities.

The Gig Economy Market report provides a detailed analysis of the global market size, regional and country-level market size, segment growth, market share, competitive landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunity analysis, strategic market growth analysis, product launches, and technological innovations.

COVID 19 Impact on Gig Economy Market

This research study also includes the analyses related to the impact of Covid-19 on the Gig Economy Market. The global impacts of the coronavirus disease 2019 (COVID-19) may significantly affect the growth of the Gig Economy Market in near future. As per the experts’ viewpoints, it affects the global economy in 3 major ways:

• By directly affecting demand and production chain

• By creating market disturbance and supply chain

• By impacting the firms financially and influencing the financial markets

Request Free Sample Report at https://www.reportocean.com/industry-verticals/sample-request?report_id=mai28960

Competitive Landscape:

Key players in the global Gig Economy market covered in Chapter 4:
Prosper
Lime
Etsy
BlaBlaCar
VaShare
Envato Studio
Fon
BHU Technology
Didi Global
Snap
Freelancer.com
Zipcar
Uber

In this chapter will provide you a complete description of competitors and their relative position in Gig Economy Market. We will provide you the information about major players, their products, prices, market share, current strategies and main strengths and weaknesses. In this competitive world, it is indispensable to understand who the rivals are and how they usually perform with the purpose of improving its own market position. Direct and indirect competitors should be identified and analyzed. This valuable information will support decision makers when defining and evaluating company strategies.

Market Segmentation:

For a business to grow, you always need to look at the specific group of consumers. It also helps you to avoid the cost of advertising and distributing to a mass market. In this section, we mainly focused on subdivision of the Gig Economy Market into compatible subsections of customers where any subsection may be selected as a market target to be reached with a unique marketing mix

Geographically, the report includes the detailed research on market share, growth rate, consumption, production, revenue and forecast of the following regions:

• United States

• Central and South America (Brazil, Mexico, Colombia)

• Europe (Germany, UK, France, Italy, Spain, Russia, Poland)

• China

• Japan

• India

• Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)

• Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)

Some of the Major Highlights of TOC covers:

Report Overview

• Study Scope

• Key Market Segments

• Regulatory Scenario by Region/Country

• Market Investment Scenario Strategic

Global Market Growth Trends

• Industry Trends

• SWOT Analysis

• Porter’s Five Forces Analysis

• Potential Market and Growth Potential Analysis

• Industry News and Policies by Regions

• Industry News

• Industry Policies

• Industry Trends Under COVID-19

Value Chain of Gig Economy Market

• Value Chain Status

• Gig Economy Market Manufacturing Cost Structure Analysis

• Production Process Analysis

• Manufacturing Cost Structure of Gig Economy Market

• Labor Cost of Gig Economy Market

• Labor Cost of Gig Economy Market Under COVID-19

• Sales and Marketing Model Analysis

• Downstream Major Customer Analysis (by Region)

• Value Chain Status Under COVID-19

Gig Economy Market Production, Revenue (Value), Price Trend by Type

• Production and Market Share by Type

• Revenue and Market Share by Type

• Price by Type

Gig Economy Market Production, Consumption, Export, Import by Region

Production, Consumption, Export, Import by Region

• Production, Consumption, Export, Import by Country

• Production, Revenue, Price and Gross Margin

Industrial Chain, Sourcing Strategy and Downstream Buyers

• Gig Economy Market Industrial Chain Analysis

• Raw Materials Sources of Gig Economy Market major Players in 2019

• Downstream Buyers

Gig Economy Market Forecast

• Gig Economy Market Sales, Revenue and Growth Rate

• Gig Economy Market Production, Consumption, Export and Import Forecast by Region

• Gig Economy Market Production, Revenue and Price Forecast by Type

• Gig Economy Market Consumption Forecast by Application

• Gig Economy Market Forecast Under COVID-19

Years considered for this report:

• Historical Years: 2015-2019

• Base Year: 2019

• Estimated Year: 2020

• Forecast Period: 2020-2026

For more information and discount on this report, ask your query at: https://www.reportocean.com/industry-verticals/sample-request?report_id=mai28960

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, and Asia.

Contact Us: +1 888 212 3539 (US) +91-9997112116 (Outside US)
Contact Person: Matthew S
Email: [email protected]

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