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Council launches citywide small‑business rebound initiative, pledges budget review and $1M investment goal
Summary
The Long Beach City Council referred a multi‑part small‑business rebound plan (recruitment, retention, reinforcement) to committee and signaled intent to pursue funding, including a goal to invest $1 million to support grants, legacy business preservation, and safety measures.
The Long Beach City Council on Feb. 18 referred a new citywide Small Business Rebound Initiative to the Economic Development and Opportunity Committee and directed staff to engage with local stakeholders as the city considers budget allocations for the program in FY 2025–26.
Mayor Rex Richardson and Councilwoman Mary Saro described the initiative as a three‑part plan: recruitment of new businesses (including incentives such as a first‑year fee waiver…
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