The Rainbow Bistro is celebrating its 37th anniversary and is expecting to stay in businesses for the foreseeable future, thanks to a local group of CEOs who have helped the music venue raise $50,000.
They sold 10 ads, which will appear on the back of the live music venue's stage, for $5,000 each.
Bistro President and CEO Danny Sivyer says the money will help keep the business afloat until the spring when "things get back to normal." Although, with capacity limits already reduced in the city, he plans to pack 130-150 people into the bistro on both Friday and Saturday night when David Gogo hits the stage.
Sivyer tells CityNews' The Sam Laprade Show on Wednesday, November 24, it's been a roller coaster of emotions since announcing the Rainbow's closure in September.
"When all the emails and messages started coming in from people just offering condolences at first, that was really really emotional -- to think that I touched so many people's hearts," he explained. "And then when it turned around with [the CEO] group, it was the exact opposite; it was elation and relief and looking forward to the future, because, in my mind, I had already come to terms with [the closure], but they got me all excited again and I'm looking forward to putting on many many more shows."
Sivyer says he meets with the small CEO group every week to plan for the future and they're constantly brainstorming new ways for the bistro to make extra money.
He's hoping to celebrate many more anniversaries after this one.