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A $150,000 annual fund boosted 100 Vancouver Chinatown businesses, raising revenues 25%–30% and cutting vacancies.
A Vancouver Chinatown business fund, providing $150,000 annually since 2024, has supported 100 projects with grants up to $20,000 for improvements in physical spaces or digital presence.
Participating businesses report revenue increases of 25% to 30%, helping address persistent challenges like high rents and a 16% vacancy rate.
One recipient, the Dollar Meat Store, used funds for a website and community events, building on its history of overcoming a 1975 barbecue ban through advocacy.
The initiative aims to revitalize the neighborhood’s economy and culture.
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Un fondo anual de $ 150,000 impulsó a 100 negocios de Vancouver Chinatown, aumentando los ingresos 25%-30% y reduciendo las vacantes.