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Full-stack consulting for creatives & entrepreneurs ready to grow into their dream commercial real estate space in SOMA
Sponsored by SF’s Office of Economic and Workforce Development and Kultivate Labs
 
        
        
      
    
    Past drivers of community and commerce — like big box retail and corporate work culture — no longer exist. San Francisco is craving for the next generation of neighborhood anchors.
Full-stack Support
San Francisco is ripe and ready for a generation of creatives and entrepreneurs who care about their culture and community as much as their craft and economic success.
Real estate prices and access to business technical expertise such as finance and legal support had historically made it impossible for these types of leaders to plant roots. The ACE Collective strives to remove those barriers.
Program Components
Over a six-month period, participating ACEs will have access to a full-stack of business consulting support designed to break down barriers to accessing commercial real estate opportunities and surviving their first few months open.
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      Each ACE will have the opportunity to receive a $5,000 unrestricted cash grant upon signing a commercial real estate lease of at least 12 month term. 
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      ACEs receive six-months of dedicated 1:1 Business Coaching sessions to help them set goals and stay accountable. Their Business Coach will also scope when it’s time to get additional hands-on help. They will facilitate introductions to vetted Business Technical Experts (i.e. Finance, Legal, HR, Marketing), and coach ACEs through the onboarding and oversight of this partnered work. 
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      ACEs get connected with Business Technical Experts and service providers to receive real, hands-on support for projects related to their real estate growth. Our network of experts and providers are vetted to work in a style that feels like they are a part of their team, sitting with ACEs in the details. ACEs will receive help on work like financial modeling, forecasting, budgeting, business entity formation and permitting, and LOI + lease agreement reviews. 
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      We’re partnered with long-standing commercial real estate brokers who have strong relationships with SOMA landlords. ACEs will have access to free dedicated support from them for real estate searches, tours, and tenant representation in the lease negotiation process. 
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      We care deeply about uplifting a generation of entrepreneurship and creative independence culture that inspires others to be the change they wish to see in the world. We are running multiple storytelling efforts and marketing campaigns to uplift each ACE’s story. ACEs will have access to all content for their own uses as well. 
Qualifying Criteria
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      — In operation for a minimum of one year — Currently generating revenue — Focused on strategic growth and committing to a commercial lease in the next 12 months — Credit score of 600 OR 3 months operating cash in the bank 
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      Food + Bev Wellness + Health Services Family Services (i.e. childcare, pet care) Artists + Designers + Makers Entertainment Community-driven Retail 
Timeline & Events
March 2024
Season 2 ACE rolling applications open.
April 2024
Season 2 ACE consulting begins.
May 17, 2024
Season 2 ACE rolling applications close.
December 2024
Season 2 ACE participant programming ends.
 
        
        
      
    
    Real Estate Opportunities in SOMA Pilipinas’ Developing Commercial Corridor
Below are a few examples of spaces we are actively looking to fill, but there are also so many more.
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       The Metreon - Food CourtSpace FC02 - 892 sq ft with full prep kitchen & corner visibility Space FC03 - 1,168 sq ft with full prep kitchen & type 1 hood 
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       The Metreon - 165 4th StSpace 1070 - 1,943 sq ft retail shop Previously Chronicle Books 
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       The Metreon - 161 4th StSpace 1060 - 2,749 sq ft office/retail space with conference room and bathroom Previously a university sales office 
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       The Metreon - 145 4th StSpace 1040 - 2,179 sq ft restaurant with full dining room and type 1 hood Previously Split Bread 
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       The Metreon - 175 4th StSpace 1080 - 11,742 sq ft restaurant with type 1 hoods and event space Previously Tabletop Taphouse 
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       Executive OrderA bar with fully equipped kitchen with type 1 hood attached to the Westfield Mall available for food pop-ups 
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       90 Mint - BankA former bank with vault feature 
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       90 Mint - 3rd FloorFormer mixed use office space featuring polished floors, ADA/elevator access, large arched windows, and two private rooms 
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       5MMultiple street-facing retail spaces available within 5M mixed real estate development 
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       Trellis - CafeA retail cafe and tap lounge available for pop-ups within Trellis, a coworking space with vaulted ceilings, natural light 
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       Sarap Shop's Little Piña Food Trailer Incubator @ Kapwa GardensA fully permitted solar + generator powered food trailer located within Kapwa Gardens, available for food pop-ups 
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       Sarap Shop’s Creative Studio & CommissaryA fully permitted commissary and creative studio available for food product R&D and test kitchen pop-ups 
Meet the inaugural cohort of ACE Collective participants from our 2023 pilot season.
 
        
        
      
    
    

 
            
              
            
            
          
               
            
              
            
            
          
               
            
              
            
            
          
              