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.
1. J.M. KAPLAN FUND- Deadline April 28,2023
Up to ten Prizes will be awarded, each including a cash award of $150,000 over three years, plus $25,000 in technical assistance funds, for a total award of $175,000. Awardees also receive guidance through the Fund and its resource network, providing tools and training to support them through the challenges of a startup organization.
2. VERIZON $ 10,000 GRANT- Deadline May 12, 2023 Scroll down to Small Businesses. Big Dreams.
3. 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.
Info: https://gobiz.zendesk.com/hc/en-us/requests/new
4. Hello Alice-
This organization partners with major companies that are offering specialized Grants.
5. 14 Small Business Grants for Women Entrepreneurs
6. 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!
7. 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.
Please email me when you complete the application.
8.. NEW $5K Grant + Insights and Funding Tips for Black Entrepreneurs
Deadline: March 31, 2023 @ 6pm
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.
2. Strategies To Be In A Good Position To Get A Loan
3. Jewish Free Loan Association
114 Year Non-profit organization helping all communities with 0% Loans 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. No need for Financial Statements, Business Plan or Taxes. 1 Virtual interview is all you will need to be prepared for.
4. The Black Cooperative Investment Fund (BCIF) information.
Founded in 2016 and launched in January 2017, the Black Cooperative Investment Fund (BCIF) is a a 501(c)3, community-based organization rooted in self-help economics that provides microloans to the Black community through pooled dollars and raises awareness about the importance of economic empowerment, equity, and wealth building for the Black community.
5. The Small Business Loan Guarantee Program
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
(For Appointment)
