Join TEDP next Tuesday, January 31st at 5:30 PM at the Cova Hotel (655 Ellis Street) to hear a presentation and discussion on alcohol policy and San Francisco's Deemed Approved Ordinance. Learn how this ordinance is an important tool for the community to assure its liquor stores operate in a way that benefits the community.
Look for the green KIVA sticker in our Tenderloin KIVA borrowers windows! Pics show TL businesses with TEDP and KIVA staff proudly displaying the KIVA community sticker. If you see this sticker, please patronize this business and support the success of the KIVA community.
Lafayette Coffee Shop, owned by Stanley and Stephanie Chan, is an old school American diner that has been an important neighborhood institution in the Tenderloin for 91 years. Stanley and Stephanie keep the menu as affordable as possible, which consists of complete meals under $9. Retirees and other low-income Tenderloin community members see the restaurant as their second home. Instead of eating at a meal program, customers prefer to enjoy a cup of coffee and a good home-cooked meal at Lafayette Coffee Shop, where they can eat in dignity and talk to their friends and neighbors.
Three months ago, the restaurant suffered the fate of many of San Francisco’s small businesses and was forced to move so their landlord could find a tenant that would pay higher rent. Luckily we were able to relocate the coffee shop to Little Saigon, at 611 Larkin Street, so it can stay open and serve the community.
The move to their new location was very expensive, costing a total of $50,000. Stanley is seeking to fund a zero interest KIVA loan that he will use to offset a portion of these costs.
You can plan an important role in keeping restaurants like Lafayette Coffee Shop in the Tenderloin by loaning a minimum of $25 to Stanley through this link:
The Tenderloin Economic Development Project (TEDP) is partnering with Executive Path, a non-profit research group, and the San Francisco Ho Chi Minh City Sister Cities Committee (SFHCMCSSC) in a program that is bringing five overseas Guest Mentors to the United States to assist local Tenderloin businesses. The majority of these mentors will be from Vietnam and will be matched with Vietnamese-owned businesses that can benefit from business, computer science, and hospitality skills offered through a six-week intensive mentoring process. The program will be kicked-off the first week in June, right after the May 28th Ho Chi Minh City Sister Cities Committee May 26th “Bridging Two Cultures” Celebration.
TEDP’s role will be to identify Tenderloin small businesses that wish to participate and work with the mentors. TEDP will pair small businesses with mentors based on the business interest and needs and the mentor’s skills. Executive Path is the sponsor of the mentors. The role of SFHCMCSSC is to promote understanding and cooperation and act as a nexus between the United States and Vietnam.
Pairing mono-lingual small business owners in the Tenderloin with skilled mentors from their native countries, will bridge the linguistic isolation that is so often a significant obstacle to the growth and development of these businesses. Carmela Gold, President of TEDP said, “The Tenderloin Economic Development Project believes our local Vietnamese businesses will benefit from the skills and expertise of native Vietnamese mentors who share their cultural heritage and speak their language.”
For Immediate Release: 1/22/16
Contact: Anh Nguyen
Org: Tenderloin Economic Development Project
Twitter Supports Tenderloin Small Business CommunitySan Francisco:
In January 2016, Twitter granted the Tenderloin Economic Development Project (TEDP) $10,000 to support its “Tasting the Tenderloin” program. This grant will be announced on Thursday January 28th at 12pm at the New Delhi Restaurant, 160 Ellis Street.
“Tasting the Tenderloin” is a program dedicated to forging connections between the San Francisco’s new technology companies and small businesses in the Tenderloin and ultimately helps drives new customers to these businesses. TEDP organizes a monthly lunch for tech employees at small Tenderloin, immigrant-owned restaurants. The program introduces the tech employees to the great ethnic foods in the neighborhood and to the immigrant business owners.
Tasting the Tenderloin fulfills a key commitment of Twitter to “fostering the rich cultural diversity and voices of San Francisco”. Through this program, technology employees become familiar with the Tenderloin, meet and hear the story of the low-income, immigrant restaurant owners, and have the opportunity to taste great ethnic food. From the restaurant owner’s perspective, Tasting the Tenderloin is an opportunity to meet customers that are part of a demographic they do not usually cater to. Catering to this demographic is essential to the survival of these small businesses, more than ever, as costs rise and neighborhood demographics shift. The small business owners experience the benefits of marketing to this group, which then teaches them to adapt, and to see the benefits in developing a business plan for the future. After the Tasting the Tenderloin event, TEDP follows up with the business owner by providing access to zero interest loans, technical assistance, and referrals so the business can have access to resources that will remove obstacles to success.
As Mid-Market transforms, TEDP’s commitment is to stabilize small businesses and position them to create wealth. TEDP believes that once introduced to these delicious and affordable dishes, tech employees will come back, tell their friends and colleagues, and contribute to the restaurants’ online presence (i.e. Yelp, Urban Spoon, Four Square). Anh Nguyen, Executive Director of TEDP said “ Small businesses are a part of the fabric that characterizes the Tenderloin. These restaurants contribute to the Tenderloin’s unique flavor. Ethnic and immigrant communities should not be excluded from this influx of money and resources coming to San Francisco. Why shouldn’t small businesses be a part of Mid-Market’s new found wealth?”
About Tenderloin Economic Development Project (TEDP): Our mission is equitable development for the Tenderloin community.
TEDP primarily serves the diverse small business community and indirectly serves the residents. We believe that a serious and direct anti-poverty strategy is absolutely essential for the future well-being of the Tenderloin. Poverty places a huge burden on the economic output and productivity of the neighborhood. Thus, our economic development strategies and initiatives are aimed directly at reducing poverty and its effects by increasing the capacity of local businesses that in total employ thousands. Local small business owners understand that their financial survival is based on a healthy neighborhood. Moreover, the local businesses generate millions of dollars in disposable income and reflect the racial and ethnic, and linguistic, diversity of residents of the city. Our Ten Tech Connect business retention program introduces small isolated ethnic businesses to new technology, offered by area start-up businesses and corporations, in hopes of a 41% increase in revenue.
NOMNIC-TEDP received a $100,000 grant from Saint Francis Foundation, supporting our work with Tenderloin small businesses. Read the details here.
Click here to read the great review Yemeni Kitchen located at 295 Eddy Street received from the San Francisco Chronicle. Try out their authentic Yemeni food. The restaurant is located at 295 Eddy Street.