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INSPIRE Community Café
Summary
INSPIRE Community Café is a restaurant located at 510 Tillman in Memphis that has experienced at least a 25% drop in revenue as a result of COVID-19. Staffing was reduced from 7 to 3 people. There has been a drastic reduction in the customer base due to people working from home and children doing online learning. The business has been forced to drastically reduce orders with local small vendors.• Stabilization and Recovery Plan:
Landlord granted 5 months of rent abatement
• Building out an online ordering & payment platform and adding new "grab n go" menu items
• Creating a discount card program for people who live or work within one square mile of the café
• Received a $24,500 infusion from PPP, $10,000 from the City of Memphis’ Small Business Stabilization Grant and $5,000 from the State of TN
The NEED Grant funds will be used for salaries, rent and overhead expenses.
Financing Amount:
$5,000
Projected Total Jobs:
Not applicable
Total Investment:
Not applicable