If you missed the deadline for the first round of Small Business COVID-19 Relief Fund Grants, another opportunity starts February 2.
Last year Governor Newsom announced a package of assistance for small businesses impacted by COVID-19, including $500 million in grants. The program was created by the Governor’s Office of the Small Business Advocate
Who is Eligible?
A small business or small nonprofit must satisfy the following criteria to be eligible to receive a grant award
• Must meet the definition of an “eligible small business.”
• Must be an active businesses or nonprofit operating since at least June 1, 2019
• Businesses must currently be operating or have a clear plan to re-open once the State of California permits re-opening of the business
• Business must be impacted by COVID-19 and the health and safety restrictions such as business interruptions or business closures incurred as a result of the COVID-19 pandemic
• Business must be able to provide organizing documents including 2018 or 2019 tax returns or Form 990s, copy of official filing with the California Secretary of State, if applicable, or local municipality for the business such as one of the following: Articles of Incorporation, Certificate of Organization, Fictitious Name of Registration or Government-Issued Business License
• Business must be able to provide acceptable form of government-issued photo ID
• Applicants with multiple business entities, franchises, locations, etc. are not eligible for multiple grants and are only allowed to apply once using their eligible small business with the highest revenue
The amount of grant funding ranges from $5,000 to $25,000. Businesses are eligible based on their annual revenue as documented in their most recent tax return.
Necessary documents:
1. Application Certification: Signed certification used to certify your business
2. Business Financial Information:
a. Most recent tax return filed (2019 or 2018) – provided in an electronic form for online upload, such as PDF/JPEG or other approved upload format.
b. Copy of official filing with the California Secretary of State, if applicable, or local municipality for the business such as one of the following: Articles of Incorporation, Certificate of Organization, Fictitious Name of Registration or Government-Issued Business License.
3. Government Issued Photo ID: Such as a Driver’s License or Passport
Round 2 opens February 2 and closes February 8. For more information, go to CAReliefGrant.com.
