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Fiscal/Budget Item Printout
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Extracted
AI Summary
The document outlines a recommendation from Supervisors Otto Lee and Betty Duong to approve a grant of $20,000 to The Prosperity Lab for supporting the Mesa Redonda Community Kitchen. The funding is split equally between the two supervisors' budget allocations. The grant aims to assist food entrepreneurs in Santa Clara County during the 2026-2027 fiscal year. The document includes details on the organization's mission and the intended use of the funds.
Key points
- Recommendation to approve a grant of $20,000 to The Prosperity Lab.
- Funding split: $10,000 from Supervisor Duong's allocation and $10,000 from Supervisor Lee's allocation.
- The grant supports the Mesa Redonda Community Kitchen and food entrepreneurs in Santa Clara County.
- Prosperity Lab provides training and support to small businesses.
- Positions and programs funded by the grant must be open to all eligible participants.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 2,290 chars
County of Santa Clara Board of Supervisors Supervisorial District Three Supervisor Otto Lee 128530 DATE: May 13, 2026 TO: Board of Supervisors FROM: Otto Lee, President Betty Duong, Supervisor SUBJECT: Budget Inventory Item No. 129 - The Prosperity Lab DBA: Prosperity Lab, Mesa Redonda RECOMMENDED ACTION Approve Inventory Item No. 129 to provide a grant to The Prosperity Lab in the amount of $20,000 relating to supporting the Mesa Redonda Community Kitchen, and refer item for final consideration and approval on June 18, 2026. (Lee/Duong) FISCAL IMPLICATIONS There is a one-time cost of $20,000, $10,000 of which would come from Supervisor Duong’s budget inventory item allocation and $10,000 of which would come from Supervisor Lee’s budget inventory item allocation. REASONS FOR RECOMMENDATION The grant may only be used by the Prosperity Lab to strengthen the Mesa Redonda Cosecha stage and support food entrepreneurs in Santa Clara County during the 2026-2027 fiscal year. Prosperity Lab is a Silicon Valley based nonprofit organization founded in 2020 that provides training, one on one advising, and incubation support to small businesses. The organization combines technical assistance...