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Dear Sean,
We invite you to learn about different grants, funding programs, and resources for small businesses.
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Grants and Funding Programs | |
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Description:
BOSS Impact Fund is a program by The BOSS Network, that focuses on investing in Black women-led businesses and preparing these entrepreneurs to build scalable, growth-aggressive companies. Black female founders make up less than 1% of businesses that receive venture capital, and many are not prepared to pitch to investors. Our goal through access to capital and entrepreneurial mentorship is to provide Black female founders a chance to even the playing field and grow successful companies. Through the BOSS Impact Fund, we can accomplish our goal of grant funding for 500+ Black women entrepreneurs, over the next three years. $10,000 grant with mentorship. The deadline is February 24, 2024.
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City of Claremont
Small Business Grants
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Description:
The Claremont Small Business Grant Program will offer eligible small businesses grants of up to $20,000 to create or retain a job for a low- or moderate-income person. The standard grant amount is $15,000 and an additional $5,000 is offered for businesses that participate in the Claremont Colleges IC2 Internship Program. The grant funds can be used for a variety of operating and business expenses, including rent and utility assistance, obtaining inventory and supplies, payroll, employee hiring and retention, and marketing. Staff is proposing to utilize a lottery system to select at least twenty (20) eligible businesses. The lottery entry form will be available on January 31, 2024, and close on February 15, 2024.
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Description:
The HerRise MicroGrants, offering $1,000 each, are open to women of color entrepreneurs across diverse fields. Your business must be
- 51% owned by women of color
- Currently registered in the US
- Less than $1 million in gross revenue
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Kitty Fund Mompreneur Business Grants | |
Description:
The Kitty Fund makes small micro-investments in Moms who are running employer-based small businesses with two or more employees. The $25,000 fund will make investments to 25 Mom business owners in the form of $1,000 micro-grants.
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Restaurant Disaster
Relief Fund
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Description:
Disasters are unpredictable — but critical support shouldn’t be. The average small business loses $3,000 every day they remain closed due to a natural disaster. To help restaurants recover in times of critical need, DoorDash has partnered with Hello Alice to create the Restaurant Disaster Relief Fund. The fund supports restaurants impacted by natural disasters like fires, floods, and hurricanes, and provides relief through $10,000 grants. Application closes March 29, 2024, at 6:00 p.m. ET.
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Description:
The American Dream Awards spotlight small businesses that epitomize the modern American Dream through innovative solutions, outstanding community contributions, and commitment to sustainable business practices. These prestigious awards are available to all for-profit businesses operating in the United States. The deadline is April 30th, 2024.
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PACE Small Business Grant | |
Description:
The PACE Small Business Grant Program is a $5,000 or $10,000 grant fund for small businesses located within the Unincorporated areas of Los Angeles County – District 1.
This Program helps small businesses by providing grants that can be used to cover business expenses including payroll, rent, working capital, and inventory. Those who qualify will be contacted by our team for the application process.
This program is funded through the U.S. Department of Housing and Urban Development Community Block Grant allocated to Supervisor Hilda Solis, First Supervisory District. The program helps stabilize struggling small businesses by providing financial and technical assistance located within the unincorporated areas of the 1st District.
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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. | |
Jewish Free Loan Association (JFLA) |
Small Business loans up to $36,000 are available, with 2 guarantors.
Eligibility:
· Applicants must be permanent residents of Los Angeles or Ventura county.
· Applicants must have credit scores of 680 or better, demonstrate need, and have the ability to repay the loan.
· Two guarantors with good credit and steady income are required on each loan up to $36,000.
· Applicant must submit required documentation, by email, to JFLA prior to a virtual interview.
· Each applicant presents individual circumstances to be considered by Jewish Free Loan.
Please note that we do not offer Small Business loans to non-profit organizations.
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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.
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PACE Disaster Relief Loans | |
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 - 7.5% to 8%
- Term - Up to 7 years
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TMC Community Capital -
Microloan Programs
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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%
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Upcoming L.A. SBDC Network Webinars | |
Small Business Administration Events | |
California Department of Tax and Fee Administration Webinars
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Constant Contact Webinars | |
Amazon Small Business Academy Webinars | |
Funded in part through a cooperative agreement with the U.S. Small Business Administration, center host institutions, and local or private funds. Funding is not an endorsement of any product, opinion or service. All Federal funded programs are extended to the public on a nondiscriminatory basis. Special arrangements for individuals with disability will be made if requested in advance | | | | |
