The Small Business Lending Support Team
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
GRANTS
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. LA OPTIMIZED
The City of Los Angeles Economic Workforce and Development Department (EWDD) in partnership with the Mayor’s Office and Council Districts with Braven Agency as Lead Operator are digitizing Los Angeles small businesses with LA Optimized!
LA Optimized will help small businesses adapt to this rapidly changing shift in consumer behavior and technological advances by assisting Small Businesses optimize their businesses for online sales and marketing by:
https://www.lacityoptimized.org/
2. LA County Performance Recovery Grant
Is a new grant initiative designed to support the region’s dynamic performing arts sector. Through this initiative, the LA County Department of Arts and Culture will deliver $1.2 million in one-time funding to artists, independent producers, and organizations that have a demonstrated history of developing, producing, and/or presenting work in the performing arts disciplines such as dance, music, theater, and folk and traditional arts.
https://www.lacountyarts.org/funding/la-county-performing-arts-recovery-grant
3. VERIZON $ 10,000 GRANT- Deadline May 12, 2023 Scroll down to Small Businesses. Big Dreams.
4. Economic Opportunity Grant–
Phase 1 for $ 2,500 Grant deadline extended to 5/5/2023.
Phase 2 Deadline, May 20, 2023
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
5. Hello Alice-
This organization partners with major companies that are offering specialized Grants.
6. Immigrants Rising- See Grant- Deadlines- 1st Priority Deadline May 18 & 2nd May 25 Final
$1.5 million for immigrant entrepreneurs in California through the SEED initiative!
7. 14 Small Business Grants for Women Entrepreneurs
https://www.hiscox.com/blog/15-small-business-grants-women-entrepreneurs
8. 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.
9. Minority Business Message Board
Discover the power of the Minority Business 365 Message Boards and see how our 300,000 members can benefit you AND your small business!
10. The Salon & Spa RELIEF RUND
11. $ 26,000 Employee Retention Tax Credit Refund
Join us Wednesday, May 10th @ 12pm to learn more about Employee Retention Tax Credit Refund which is a payroll tax refund that helps eligible businesses receive up to $26,000 per employee kept on payroll during the pandemic.
As a small to medium-sized business, it’s likely that you were negatively impacted by COVID-19, and you certainly weren’t alone.
https://us02web.zoom.us/webinar/register/WN_PmXrCDLqS9mQMTv3Lov2PA
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. Kiva Los Angeles
Since 2005 KIVA has been helping borrowers crowd-Lend up to $ 15,000 @ 0% with payment terms of 12-36 months depending on the Loan you are awarded.
Sign up for “How to Succeed In Getting a Kiva Loan” Webinar April 26th
@ 3pm
https://neworg.ecenterdirect.com/events/1020991
2. 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.
3. 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.
4. 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.
https://ibank.ca.gov/small-business/loan-guarantees/
Remember, to always share your Business Successes with me via email should you make any financial improvements to your business like buying any equipment, hiring a new employee, paying for a business consultation, receiving a Loan, Grant or any other Business Capital.
If you live in LA County and want to schedule a Loan/Business appointment, please use this link https://newwbc.setmore.com/ricsaenz
Thank you!
Ric Sáenz
Financial and General Business Manager
https://newwbc.setmore.com/ricsaenz
(For Appointment)
