These 3 Counties Are Offering Millions in Small Business Grants
KEY POINTS
- Some U.S. counties are helping ensure the economic health of their communities during this difficult time by providing grants to small businesses.
- If you're a small business owner, it's important to take advantage of the programs available to you and apply for a grant today.
Your small business may be eligible for grant money if you live in these counties.
The COVID-19 pandemic has had a major impact on small businesses across the country, with many forced to close their doors due to economic hardship. Many small business owners are unaware of the fact that there are grant programs available to help them get their businesses off the ground. In order to help these businesses survive, some counties are now offering millions of dollars in grants for companies affected by the pandemic. You may qualify for free grants if you live in these counties in California.
1. Los Angeles County
Los Angeles County is one such county offering assistance to struggling companies. The county has allocated millions of dollars for small businesses. The LA Board of Supervisors created the County Fund for Los Angeles to help the most vulnerable through microgrants, worker resiliency grants, and grants to small businesses (including nonprofits) for reopening, including assistance with financial oversight by the Small Business Administration and other programs.
2. Orange County
Orange County, California is another region providing financial aid for small businesses impacted by the economic crisis caused by the pandemic. Orange County is offering microbusiness grants of approximately $2,500 in one-time grant funding to the 1,470 qualifying businesses in the county. The intent of the funding is to provide relief to the hardest to reach qualified microbusinesses and entrepreneurs.
3. San Diego County
Another county in California, San Diego is offering multiple grant opportunities for diverse small businesses. The San Diego Foundation partners with different 501(c)(3) nonprofit organizations to help award the grants. There are strict requirements for eligibility, so you will need to do your research before you put together a proposal and start your application.
In addition to county-level grants, individual cities are also offering assistance for small businesses in need. For example, New York City, Chicago, and Dallas have allocated millions of dollars in grants to help eligible companies that have been impacted by COVID-19. These funds will help businesses stay afloat and keep employees on their payrolls.
Chances are, the county you live in will also offer certain grants as part of an effort to support local small businesses right now. In addition to grants offered by these cities and counties, there are thousands of small business grants across the country that you can apply for. With these funds, businesses can continue operations, retain workers, and help rebuild the economy in their communities. It is essential that businesses take advantage of the programs available to them and apply now so that they can get the support they need.
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