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Dear Sean,
We invite you to view our upcoming LIVE webinar and learn about different funding programs for your small business.
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Funding Programs and Resources | |
Small Business Growth Fund | |
When small businesses succeed, everyone benefits. In partnership with the Global Entrepreneurship Network (GEN) and with funding from Etsy and Progressive, the Small Business Growth Fund provides small business owners the capital they need to make their next move. Recipients will receive $5,000-$25,000 grants to accelerate their growth and achieve their goals in 2023.
Eligible businesses must:
- Be a for-profit business located and registered in one of the 50 United States, Puerto Rico, or the District of Columbia
- Have less than $1M in 2022 gross annual revenue
- Have a commitment to their customers and community
- Have a clear plan for how the funds will help them achieve a significant growth milestone in 2023
Applications close April 21, 2023, at 6 p.m. ET.
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Economic Opportunity Grants |  | |
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 - May 5, 2023
Grants of $2,500 for microbusinesses with under $50,000 in revenue in the 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 microbusinesses 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 businesses 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.
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PACE Small Business Grant | |
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.
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City of Upland
Raise Up Grant Program
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The City is offering a four-week Restaurant Assistance for Increased Sales and Efficiency Upland (Raise-UP) Grant Program, for assistance up to $10,000, which will provide training and funding to brick-and-mortar food-based businesses located in Upland.
The application period opens on Monday, March 27, 2023, at 8 a.m. and closes on Monday, April 24, 2023, at 5 p.m.
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Restaurants Care Resilience Fund | |
Description:
New Grant Funding for Restaurants in April 2023.
$5,000 grants are available for independent restaurants from April 15 – May 7. Only brick-and-mortar restaurants that are open to the public, serve both food and beverage, and have regular operating hours are eligible for this grant. Companies that only do catering are not eligible. for grants made possible by SoCalGas, PG&E, and SDG&E.
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Description:
Every dollar counts and this microgrant could be just the boost you need. Women, 18+, can apply to use this to start or expand a business or expand your existing business. Deadline in April 30, 2023.
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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 its gross floor area by 50% of more. These businesses must fall under one of the following categories:
- Retail
- Quality food establishments
- Entertainment businesses (must sell concessions/food items)
Job Creation Requirement
1 new full-time equivalent job must be created per $25,000 of the loan awarded.
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Black Founder Startup Grant | |
SoGal Foundation has teamed up with WinkyLux, bluemercury, twelveNYC, Twilio, Walmart.org’s Center for Racial Equity, and other sponsors to make a small step towards progress by providing several $10K and $5K cash grants to Black women or nonbinary entrepreneurs.
To qualify, you should:
– self-identify as a Black woman or Black nonbinary entrepreneur (inclusive of multiracial Black women and multiracial Black nonbinary folks)
– have a legally registered business
– plan to seek investor financing in order to scale, now or in the future
– have a scalable, high-impact solution or idea with the ambition to be the next billion-dollar business.
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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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San Bernardino County Microbusiness Grant | 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. | |
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. | |
PIVOT Small Business Microloan | |
Affordable financing for eligible businesses in the Inland Empire and Eastern Los Angeles County. This PIVOT Microloan is not a COVID relief loan or grant. This program is only accepting Southern California businesses that are located in San Bernardino, Riverside, and East Los Angeles County.
Loan Terms:
- Loans between $2,500 and $25,000
- Competitive Rates
- 3 to 5 year repayment plans
- 620 + FICO score required
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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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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 - 6.5% to 7.25%
- Term - Up to 7 years
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Small Business Microloan Program | EWDD designed the Microloan Program in order to provide financing to viable Microenterprises and Small businesses that private lenders are not able to accommodate. Whether your business is a Start-Up or an existing business that would like to expand, loan funds can be used for reasonable and eligible business operation costs, including, but not limited to, inventory, equipment, working capital, and leaseholder improvements. | |
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 | |
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 | | | | |
