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Business Interruption Fund Assessment
Los Angeles Metro
Economic Strategy
The Los Angeles Metro Business Interruption Fund provides up to $60K per year to small businesses who are impacted by Measure M pipeline light rail construction lasting 6+ months. The program was in pilot mode, and was approved in 2023 as a permanent program with a $10M/year budget. Fourth Economy was hired to understand the demand from eligible small businesses along corridors that will be under construction in the near future and determine whether the current budget allocation will be enough to support impacted businesses on an annual basis. Our team is also examining the governance structure of the program and making strategic recommendations for the continuation of the BIF in perpetuity.
Location
Los Angeles, CA
Final Deliverable Design Samples (Click to Enlarge)
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