THE SMALL BUSINESS LENDING SUPPORT TEAM
GRANTS
We highly recommend that you visit our upcoming entrepreneurial webinars on our Website that may help you in putting your business in a stronger position to receive a Grant or a Loan using this link and scroll down. https://neworg.ecenterdirect.com/events?reset=1
The Grants below have deadlines so please make sure you read the requirements thoroughly and apply accordingly. If the links do not activate, please copy and paste to your browser.
— Economic Workforce Development Department
Monitor the following website for upcoming Grants. This website has provided the most grants of any organization in Los Angeles and maybe a Fourth Round of $ 5,000 Grants will happen again.
https://ewddlacity.com/index.php/recovery/comebackla
1. Economic Opportunity Grant-
Grants for Microbusinesses (under $50,000 in revenue) – will be available starting in January 2023.
Phase 2: Planned launch for small business and non-profit grants in February 2023.
https://go.smallbizla.org/recovery
Info: https://gobiz.zendesk.com/hc/en-us/requests/new
2. Childcare Grant- Deadline February 28 at 11:59pm
The goal of the CPR Grant Program is to help childcare providers who were negatively impacted by COVID-19 to continue operating or reopen their childcare facilities.
https://lacountycprgrant.submittable.com/submit
3. Hello Alice-
This organization partners with major companies that are offering specialized Grants.
https://helloalice.com/funding/
4. 14 Small Business Grants for Women Entrepreneurs
https://www.hiscox.com/blog/15-small-business-grants-women-entrepreneurs
5. USA Funding Applications
Each year billions of dollars are awarded to individuals and businesses in the form of grants and other types of funding. Apply for YOUR share today!
https://usafundingapplications.org/v9/c/
6. Bank of America® Down Payment Grant Program
The program is designed to drive business growth and generational wealth opportunities for women and minority-owned small to mid-sized businesses.
https://promotions.bankofamerica.com/smallbusiness/downpaymentgrant
Please email me when you complete the application.
7. CA Venues Grant Program- Coming soon.
The California Venues Grant Program (“Program”) will support eligible independent live events venues that have been affected by COVID-19 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.
LOANS
Ascend LA brings together a network of non-profit lenders, education providers, and market makers to provide construction and professional services entrepreneurs with the resources and market access they need to accelerate business growth, and win contracts!
This 12- session management training program focuses on entrepreneurial competence, business foundation, and access to capital to enable our participating businesses to accelerate growth and acquire corporate and government contracts.
Given the generous donation of our funders, this program is free!
Eligible businesses must:
- Have at least one business owner that identifies as BIPOC or as a woman
- Be operating for at least two years
- Be in the construction and professional service industries
- Be located within Los Angeles County
- Be able to commit to a 6-month program
https://www.ascendla.org/2022-program
LOANS
If you need a quick Loan from $ 1,000 to $ 36,000 with no Financial Documentation @ 0% for 12-36 months, you may want to consider applying to the organizations below.
1. www.kiva.org will help you with crowdlending up to $ 15,000 @ 0% with payment terms of 12-36 months depending on the Loan you are awarded.
I host 2 “How to Succeed in Getting a Kiva Loan” on Wednesdays @ 3pm.
Register for February 22
https://neworg.ecenterdirect.com/events/1020755
2. www.jfla.org can loan you up to $ 36,000 if your FICO credit score is above 580 and can get 2 co-signers that have a FICO credit score above 680. With One Co-signer, you can receive a loan up to $ 7,500.
3. https://ibank.ca.gov/small-business/loan-guarantees/
IBank’s Small Business finance Center features a loan guarantee program designed to assist small businesses that experience capital access barriers. The Small Business Loan Guarantee program encourages lenders to provide funds to small businesses to help them grow and prosper.
Remember to always share your Good Business News with me via email should you receive a Loan, Grant, Crowdlending, or any Capital Infusion to your business like the purchase of laptops, hiring a new employee or paid consultant.
Any questions on any of the grants or loans, please book an appointment to discuss in further detail.
Thank you!
Ric Sáenz
Financial and General Business Manager
https://newwbc.setmore.com/ricsaenz
(For Appointment)
