{"id":3568,"date":"2022-11-18T15:37:34","date_gmt":"2022-11-18T22:37:34","guid":{"rendered":"http:\/\/www.inedc.com\/22\/?p=3568"},"modified":"2022-11-18T15:39:55","modified_gmt":"2022-11-18T22:39:55","slug":"500000-of-county-tot-to-support-small-businesses-or-entrepreneurs-of-greater-sac-area","status":"publish","type":"post","link":"http:\/\/www.inedc.com\/22\/11\/18\/500000-of-county-tot-to-support-small-businesses-or-entrepreneurs-of-greater-sac-area\/","title":{"rendered":"$500,000 of County TOT to Support Small Businesses or Entrepreneurs of Greater Sac Area"},"content":{"rendered":"<pre>Supervisor WENDY THOMAS [Img Reneta Jenik, Growth Factory Incubator Program]<\/pre>\n<p>PLACERVILLE, California (InEDC) Nov 18, 2022 \u2014 Growing our economy in ways that work for El Dorado County has long been a topic of conversation. On November 8, the BOS made some tangible progress in being proactive, rather than reactive, to growing our local economy as the BOS gave conceptual approval for a Accelerator and Incubator Incentive Program.<\/p>\n<p>This program would include a one-time commitment of up to $500,000 of Transient Occupancy Tax (TOT) funds to support small businesses or entrepreneurs that have been accepted into a cohort of an approved incubator or accelerator located in the Greater Sacramento area. A large portion of these funds will be used to provide technical assistance, support, training, and access to funding to an El Dorado County-based business with the requirement that they remain in the County for at least three (3) years. Each eligible business will be entitled to<br \/>\nan amount of up to $50,000.<\/p>\n<p>Staff will be bringing back a revision to our<a href=\"https:\/\/eldorado.legistar.com\/LegislationDetail.aspx?ID=5921668&amp;GUID=448A9552-A4FB-4CCC-BB31-926534D018DB\" target=\"_blank\" rel=\"noopener\"> J-7 and J-9 Policy<\/a> for final adoption soon. Look forward to growing our local businesses!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This program would include a one-time commitment of up to $500,000 of Transient Occupancy Tax (TOT) funds to support small businesses or entrepreneurs that have been accepted into a cohort of an approved incubator or accelerator located in the Greater Sacramento area.<\/p>\n","protected":false},"author":1,"featured_media":3569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/posts\/3568"}],"collection":[{"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/comments?post=3568"}],"version-history":[{"count":2,"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/posts\/3568\/revisions"}],"predecessor-version":[{"id":3571,"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/posts\/3568\/revisions\/3571"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/media\/3569"}],"wp:attachment":[{"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/media?parent=3568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/categories?post=3568"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.inedc.com\/22\/wp-json\/wp\/v2\/tags?post=3568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}