Opened on Monday, 5/3
The Small Business Administration (SBA) is launching the Restaurant Revitalization Fund (RRF), a grant fund specifically for restaurants, bars, and other businesses that serve food and drink.
Log onto the SBA's website and register your business now. The application will open on Monday, 5/3 and awards will be made on a first come, first serve basis.
For a recording of an event hosted by the LA Chamber in collaboration with the SBA on how to apply, please click HERE.
Personal Care & Retail Sector Small Businesses
Round 2 opens 4/26
Round 2 of Personal Care & Retail
“Keep Our Shops on the Block” Grant for small businesses & non-profit cultural institutions:
In response to the devastating effects that COVID-19 is having on the local economy, the County of Los Angeles and the City of Los Angeles, in partnership with institutional and corporate philanthropy, have come together to create the LA Regional COVID-19 Recovery Fund.
The regional fund will offer loan and grant resources to micro-entrepreneurs, small businesses, and non-profits.
Wednesday, April 28th at 9:00 AM through Tuesday, May 4th at 5:00 PM
Notifications will begin Friday, May 7th
Applicants who submitted their application and submitted all documentation in the first round do not need to reapply; qualified applications will be automatically rolled over into the next funding round for consideration.
The Foreclosure Prevention & Mortgage Relief Program has been developed in partnership with the LA County Board of Supervisors, NHS Center for Economic Recovery and the Department of Consumer & Business Affairs. This program will provide foreclosure counseling and mortgage relief to L.A. County property owners. If the property owner has experienced financial distress between March 1, 2020 and December 31, 2021 as a result of COVID-19 and the property is located in a community highly impacted by COVID-19, they should consider applying for mortgage relief. Approved applicants can receive up to $20,000 to help offset mortgage delinquencies.
The Restaurants Care Resilience Fund provides cash grants of up to $3,500 and a year of support to small restaurants in 8 counties in California, with priority given to women and people of color. Regions were determined by funders.
The Secure Emergency Relief for Vulnerable Employees (SERVE) is a new partnership between Mayor Garcetti and the Mayor’s Fund for Los Angeles to provide cash aid to food service workers who reside in the City of Los Angeles. SERVE will offer 4,000 food service workers with a one-time $800 stipend to help them during this critical period.
If you are a food service worker in need of support, find out if you’re eligible for the program and how to apply below.
WHAT: Found/LA is offering grant support to local small businesses ranging from $5,000 to $25,000 depending on the size of the business. Eligible businesses can apply and learn more at FOUND/LA.
The FOUND/LA Small Business Recovery Fund in partnership with Pacific Community Ventures and TMC Community Capital is a grant program to help protect small businesses across Los Angeles County. We want to support local entrepreneurs like you that create the spaces that make our neighborhoods feel like home.