California recently announced a $500 million Small Business Covid-19 Relief Grant program for eligible small business owners and nonprofits who have been impacted by COVID-19 and the resulting health and safety restrictions. Grants of up to $25,000 will be given to eligible small businesses to help cover expenses during the pandemic.
You can visit the new CAReliefGrant.com website to review your eligibility, prepare your business documents and get ready to apply. Applications for Round 1 will open on Wednesday, December 30th, 2020, and close end of day on Wednesday, January 13th. Round 2 will be announced in the near future.
The program is administered by the California Office of the Small Business Advocate (CalOSBA) and disbursed through our partner Lendistry, a Community Development Financial Institution serving as the Intermediary. Other community organizations like us are also providing help to process applications.
Applicants will need a few documents to apply, including a government-issued ID, most recent tax return/Form 990 filed, and business certification documentation.
Applicants will be evaluated to determine grant approvals based on eligibility, and pre-determined COVID-19 impact factors will be incorporated into the program’s priority criteria.