Dear Sean,

We invite you to view our upcoming LIVE webinar and learn about different funding programs for your small business.

Upcoming LIVE Webinar:

Small Business Funding

Learn how about different SBA loan programs, the steps to finance your business, and discover tools and resources that are available to support you!

Special Guest: Iman Cotton, a loan officer from CDC Small Business Finance.

The Catalyst Fund

In partnership with Global Entrepreneurship Network (GEN) and Hello Alice, Mastercard is awarding $5K grants to Black entrepreneurs based in Atlanta, Birmingham, Dayton, Los Angeles, New Orleans, New York City, St. Louis, and Washington, D.C. to help them achieve their next milestone. The deadline is March 31, 2023.

Launch Program - Small Business Grant and Mentorship Program

Women and non-binary small business owners often lack the funding and resources they need to scale and grow their operations. That's why the Launch Program exists: to remove barriers to access that prevent them from succeeding. The Launch Program provides women and non-binary small business owners capital through a $10,000 grant, mentorship from industry experts, and six months of free education that supports them on their unique journeys. Apply to become part of the Ladies Who Launch community! The deadline to apply for the 2023 Launch Program is Friday, March 31, 2023. 

City of Claremont CDBG Job Creation and Business Incentive Grant Program

For prospective and existing business owners who need financial help, the City is offering the Job Creation & Business Incentive Program that provides a forgivable loan, in exchange of job creation for low-income persons.

Eligible Business

To qualify for this program, the business has to either be a new business, or an existing business wanting to expand their gross floor area by 50% of more. These business must fall under one of the following categories:

• Retail
• Quality food establishments
• Entertainment businesses (must sell concessions/food items)

Use of Funds:

Grants can be used for business expenses such as:

• Interior/exterior improvements
• Purchase of business equipment, furniture, and/or fixtures
• Working capital

Job Creation Requirement

1 new full-time equivalent job must be created per $25,000 of the loan awarded.

Economic Opportunity Grant

Get back to business! 

LA County's Economic Opportunity Grant program will award more than $54 million in grants to small & micro businesses, and non-profits impacted by the pandemic. 

Phase 1: 

January 25, 2023 - March 25, 2023 

Grants of $2,500 for microbusinesses with under $50,000 in revenue in 2019 taxable year, including LA City. Must have five or fewer employees, have started prior to December 1, 2019, and have not received a California Small Business COVID-19 Relief Grant.

Phase 2: 

February 23, 2023 - May 20, 2023

Grants of $15,000 for microbusiness under $100,000 in revenue in either 2019, 2020, or 2021 taxable years, excluding LA City (except street vendors, who can be mobile).

Small Businesses

Grants of $20,000 for small business between $100,000 and under $2 million in revenue in either 2019, 2020, or 2021 taxable year excluding LA City (except street vendors, who can be mobile). Application closing May 20, 2023.

Nonprofits

Grants of $20,000 for small nonprofits under $1 million in revenue in either 2019, 2020, or 2021 taxable years, serving residents countywide. Application closing May 20, 2023.

Grants of $25,000 for nonprofits with revenue between $1 million and under $5 million in either 2019, 2020, or 2021 taxable years, serving residents countywide. Application closing May 20, 2023.

California Venues Grant Program

The California Venues Grant Program (“Program”) will support eligible independent live events venues that have been affected by COVID-19 in order to support their continued operation. Grants awarded under this Program shall be in an amount equal to the lesser of two hundred fifty thousand dollars ($250,000) or 20 percent (20%) of the applicant’s gross earned revenue in California for the 2019 taxable year.

Metro Business Interruption Fund

Metro’s BIF is administered as a pilot program in partnership with PCR. PCR uses the BIF to provide financial assistance to small “mom and pop” businesses impacted by transit rail construction along the Crenshaw/LAX Transit Project, the Little Tokyo Regional Connector with its 2nd/Broadway segment, and Section 1, Section 2 and Section 3 of the Purple Line Extension. 

The Amber Grant

About the Amber Grant

WomensNet founded the Amber Grant Foundation in 1998. The Foundation was set up with one goal in mind: to honor the memory of a very special young woman, Amber Wigdahl, who died at just 19 years old — before realizing her business dreams.

Today, WomensNet carries on that tradition, giving away at $10,000 every month in Amber Grant money. Each of those monthly winners is then eligible for our year-end grant of $25,000.

How Do I Apply For an Amber Grant?

Applying is simple. Just take a few minutes to tell us about yourself and your business dream. No long, complicated forms to fill out. We announce the $10,000 Amber Grant recipient the first week of every month, and the $25,000 annual winner every January. 

The San Bernardino County Microbusiness COVID-19 Relief Grant is designed to assist businesses that have experienced economic barriers due to the effects of the global pandemic. The San Bernardino County Board of Supervisors approved $2,500 to be disbursed to qualified businesses. San Bernardino County is proud to provide this grant to our business community.

Businesses must prove financial hardship and should be located in Los Angeles County or nearby counties

• Loan Amount - $5,000 to $250,000
• Interest Rate - 6.5% to 7.25%
• Term - Up to 7 years

Microloan Lite

• Loan Range: $5,000 to $15,000
• Term: 1 - 3 years
• Interest Rate: 6-7%
• Processing Fee: 5%

Microloan

• Loan Range: $15,001 to $50,000
• Term: 2 - 5 years
• Interest Rate: 6 - 9%
• Processing Fee: 5%