Monday, May 12, 2025
66.5 F
Roseville

Truckee Tomorrow $100,000 Donation to New Resilience Fund

Assisting Small Business Owners Impacted by Temporary Closures

TRUCKEE, Calif. – Truckee Tomorrow, the public/private partnership between the Truckee Chamber of Commerce, the Town of Truckee and private investors, has joined together to make a $100,000 donation to the new Resilience Fund. All of the partners recognize the crushing blow the COVID-19 pandemic has had on Truckee’s business community, and the need for rapid assistance.

The Resilience Fund, administered and supported by Sierra Business Council, was created for the community, by the community, to provide financial assistance, resources and guidance to small businesses in the Truckee North Tahoe area that have incurred, or project to incur, significant financial loss due to the COVID-19 pandemic.

The Town of Truckee was a significant catalyst by stepping up with a $50,000 investment of economic development funds, and the Truckee Tomorrow private investors are matching that with another $50,000 investment.

“It’s been a priority of the Town Council for many years to designate some of our funds toward economic activities to strengthen and diversify our economy,” said Mayor Dave Polivy. “We are proud to be partnering with the Truckee Chamber of Commerce and the Truckee Tomorrow private investors to make this contribution and hope it acts as a catalyst for further donations.”

The Resilience Fund aggregates donated and invested money into a revolving fund for small businesses to access as low-interest micro loans, ranging from $5,000-$25,000, for use as operating capital. Businesses put through the program also access a network of professional consultants across industries to revamp existing operations, strategize communicating changes to their stakeholders, and maximize productivity during closures. Eligible businesses must have been in sound operation prior to the Covid shutdown and able to prove how the funds will help them reopen.

“It’s pretty simple. We have to help the small businesses of Truckee,” said Doug Wright, President of Mountain Hardware & Sports, one of Truckee Tomorrow’s private investors. “They are our friends, our neighbors, our community. We recognize many of them are in serious need and may be on the verge of not being able to reopen. It’s our responsibility, and the right thing to do to extend this helping hand to them at their time of need.”

“Many people in town have been asking “how can we help” – this Resilience Fund provides the avenue through which to do so,” said John Manocchio, Truckee Chamber of Commerce Chair of the Board. “We all care deeply about our community and our small businesses that are the fabric of our community. They define us and they are critical to our recovery as an authentic mountain town and a strong, vibrant community. Truckee takes care of our own, and by helping one another, together we will get through this.”

Several of the Truckee Tomorrow private investors have stepped up with additional contributions toward the Resilience Fund and the continuation of the important work Truckee Tomorrow has done to date. While Truckee Tomorrow is pivoting to address this urgent need, the work on the three projects that have been the focus for the past years continues. That includes:

  • TruckeeJobsCollective.com – an online platform created to connect job seekers with employers. This platform will be even more important as businesses begin their recovery effort.
  • Growing Our Own – working collaboratively with Tahoe Truckee Unified School District and Sierra College to increase awareness of existing programs, and identify creative opportunities to strengthen the connection between the business community to education providers through shadow programs, training and more.
  • Developing Truckee as an Entrepreneurial Ecosystem – a long-term, forward-thinking approach to diversifying Truckee’s economy in the next 3-5-10 years. A healthy entrepreneurial ecosystem requires financial capital as well as the creation of capital models – the Resilience Fund directly correlates to this need identified by this Project Team.

“The collaborative spirit, passion and commitment our Investors and community members have shown through their participation in the Project Teams is significant,” said Pam Hobday, Truckee Tomorrow Project Director and Past-Chair Truckee Chamber of Commerce. “The Town of Truckee as our primary partner, in addition to all of our Investors and their 3-year commitments, are to be recognized for their investment in Truckee’s economic future. They all believe in Truckee Tomorrow and want to make a difference. We thank them from the bottom of our heart.”



Sphere Las Vegas

Festival! May 16 -18

Support local sports!

Trending

Midas / SpeeDee Oil Change in Roseville

Your Roseville Midas dealer on Foothills Boulevard is the place to go for brakes, oil change, tires and all your auto repair needs

Fat’s Asia Bistro in Roseville

Modern Asian cuisine meets timeless tradition. The premier spot for Chinese and Asian fusion in Roseville and Folsom. Great for happy hour, dinner, date night.

Squeeze Burger in Roseville

Squeeze Burger Roseville, home of the Famous Squeeze With Cheese. Formerly Squeeze Inn, we offer the #1 Burger in the Sacramento area.

Subaru Outback still delivering dependability

Roseville, Calif. - Despite having a wagon-like body style, for years the Subaru Outback was classified as a midsize SUV.

Peet’s Coffee locations in Roseville

Since 1966, Peet's Coffee has sourced and offered superior coffees and teas adhered to strict high-quality and taste standards.

Topics

Midas / SpeeDee Oil Change in Roseville

Your Roseville Midas dealer on Foothills Boulevard is the place to go for brakes, oil change, tires and all your auto repair needs

Fat’s Asia Bistro in Roseville

Modern Asian cuisine meets timeless tradition. The premier spot for Chinese and Asian fusion in Roseville and Folsom. Great for happy hour, dinner, date night.

Squeeze Burger in Roseville

Squeeze Burger Roseville, home of the Famous Squeeze With Cheese. Formerly Squeeze Inn, we offer the #1 Burger in the Sacramento area.

Subaru Outback still delivering dependability

Roseville, Calif. - Despite having a wagon-like body style, for years the Subaru Outback was classified as a midsize SUV.

Peet’s Coffee locations in Roseville

Since 1966, Peet's Coffee has sourced and offered superior coffees and teas adhered to strict high-quality and taste standards.

Hormones: The Key to Dropping Excess Weight

Sacramento, Calif.- When it comes to improving body composition and achieving optimal health, balancing your hormones is essential for both short- and long-term success. There are seven major hormones that

Roseville Quilt Guild 2025 show at Jessup University in Rocklin

Roseville, Calif.- Welcome to the Roseville Quilt Guild 2025 Quilt Show! Join us May 9 & 10, 2025 for a day filled with beautiful quilts and creativity at Jessup University in Rocklin.

RCSDF Golf Tournament in Roseville tees off to support student education

Roseville, Calif. - The Roseville City School District Foundation (RCSDF) invites the community to its 4th Annual Golf Tournament on Monday, May 19, 2025, at the scenic Sierra View Country Club.

Related Articles

Local Spotlight

California Recovery Center in Roseville offers treatment for substance abuse and mental health

California Recovery Center (CRC) is a treatment provider for adults with substance abuse and mental health condition, located in Roseville and serving the greater Sacramento region.

Stanford Ranch Family Dentistry in Rocklin serving the local community since 2000

Rocklin, Calif.- For nearly 25 years, Jason and Heather have grown their successful Stanford Ranch Family Dentistry practice by faithfully serving patients throughout the Rocklin, Roseville, and greater South Placer County region. Their business has grown to now employ over a dozen employees which helps them meet the growing demands of a successful local business.

California Fence and Patio serving Placer County for over 30 years

Loomis, Calif. - California Fence & Patio is proud of their reputation as the premier fencing and patio cover contractor in the Roseville,, Sacramento and Placer County region.