Business

USRC and SBA Collaborate to Create Resilient Small Businesses

Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) joined Evan Reis, Executive Director, US Resiliency Council (USRC) at the Los Angeles Area Chamber of Commerce announce the creation of the SBA-USRC partnership to promote resiliency to small businesses in California.

“Focusing on how small businesses can be resilient during disaster, recover and rebuild their local economy is the most critical work we can do,” said SBA Administrator Isabella Casillas Guzman.

This partnership will provide small businesses targeted education and programming on issues related to mitigation and resiliency from natural and man-made disasters. Topics will include: reducing earthquake risk, disaster mitigation resources (federal and state), insurance and how to finance mitigation projects.

“This partnership with SBA recognizes years of efforts by USRC and its members to educate businesses on the importance of resilience to mitigate threats from natural hazards such as earthquakes,” said Reis.

The partnership with the SBA represents another major milestone in the resilience movement involving the USRC during the past year.

“The USRC and a coalition of supporters are grateful to California Governor Gavin Newsom and the State Legislature for their leadership in recently approving $250-million in State grant funding in FY 2023-24 to assist small business owners of apartment buildings with earthquake retrofitting their buildings,” said Reis.

In the months since approval of the matching grant program to protect affordable multifamily housing – and the many seniors, poor working families, minorities, and students living in older apartments, Reis has spoken about the landmark action at events across the country. He believes the retrofit program for multifamily housing can be a model for the nation because of its unprecedented collaboration between diverse stakeholders such as tenant advocacy groups and apartment owners, as well as environmental interests and the building industry.

“In the aftermath of the Covid-19 pandemic, California is taking a strong leadership position in the resilience movement,” added Reis. “We look forward to our collaboration with the SBA helping to extend the message of the importance of resilience to small businesses in California and across the nation.”

“Small businesses in the L.A. region have faced incredible adversity and seemingly insurmountable challenges over the past few years,” said Maria S. Salinas, President and CEO of the L.A. Area Chamber of Commerce. “While we cannot prevent any natural or man-made disasters from happening in the future, we can ensure our small businesses are prepared to withstand them. Now is the time to promote resiliency and preparedness. We look forward to our continuing work with the SBA and the regional small business community to ensure they remain prepared so they can thrive.”

Ali Sahabi, Chief Operating Officer of Optimum Seismic, Inc., who is a major supporter of the USRC, echoed the positive tone of the announcement ceremony.

“What is emerging from these milestone achievements involving the USRC’s partnership with the SBA and the approval of the State’s new grant program for retrofitting multifamily housing can be a model for the nation,” said Sahabi. “We are enhancing education for businesses and incentivizing mitigation efforts rather than simply relying on mandating mitigation improvements such as retrofits. This multi-pronged approach can make California businesses safer from earthquakes and other disasters.”

Major partners in the production of The Resilience Advantage webinar series include: the U.S. Resiliency Council, Los Angeles Area Chamber of Commerce, Los Angeles County Business Federation (BizFed), Los Angeles County Economic Development Corporation, and series sponsor Optimum Seismic, Inc. Scores of other organizations and experts in the resilience field have appeared in Resilience Advantage programming.

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