COVID-19 Loans & Grants

As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. We are compiling relevant tips and resources and information on new funding opportunities and policy developments that we are sharing on our website and through online presentations. We will be posting daily updates to this page with useful information about the ways small businesses can prepare for the impact of COVID-19 on their business and community.

Government loan/grant programs
West Virginia

West Virginia Economic Development

West Virginia STEP Program

West Virginia is proud to offer grant assistance to small businesses looking to enter or expand in the global marketplace through the U.S. Small Business Administration’s State Trade Expansion Program (STEP). The West Virginia STEP consists of $300,000 in funding available from October 1, 2022 to September 29, 2024.

Area served: West Virginia
Audience: Small Business Owners

Application deadline: Sunday, September 29, 2024
Corporate loan/grant programs
Maine

Coastal Enterprises Inc

Maine State Child Care Infrastructure Grant Program

The Child Care Infrastructure Grant Program will provide funding to help start new child care businesses as well as expand current licensed capacity to increase the number of children served by existing child care providers. Grants are available through 2024 or until all funds are awarded, whichever comes first.

Area served: Maine
Audience: Small Business Owners

Application deadline: Tuesday, December 31, 2024
Government loan/grant programs
Colorado

Colorado OEDIT

Colorado Startup Loan Fund

The Colorado Startup Loan Fund provides loan capital to mission-based lenders to provide loans to Colorado entrepreneurs and small business owners needing capital to start, restart, or restructure a business, and those who are not able to obtain a loan from traditional lenders. This is a revolving loan fund, meaning the dollars will be used to continue supporting new entrepreneurs as loans are repaid. OEDIT has partnered with eight mission-driven lenders to provide micro loans under $150,000 to small business owners and entrepreneurs with capital from the Colorado Startup Loan Fund.

Area served: Colorado
Audience: Small Business Owners

Application deadline: Tuesday, June 1, 2032
Nonprofit loan/grant programs
California

Jewish Free Loan Association

Business Loans

As a non-profit organization, the Jewish Free Loan Association helps people of all races and religions by offering zero interest, zero fee personal and business loans with no collateral, just a qualified guarantor. Business loans are considered on a case-by-case basis and can be up to $25,000 maximum.

Area served: Los Angeles, Ventura counties, California
Audience: Small Business Owners

Application deadline: Open, no end date posted
State loan/grant programs
New Mexico

New Mexico Economic Development Department

Job Training Incentive Program (JTIP)

The Job Training Incentive Program (JTIP) funds classroom and on-the-job training for newly-created jobs in expanding or relocating businesses for up to 6 months. The program reimburses 50-90% of employee wages. 

Area served: New Mexico
Audience: Small Business Owners

Application deadline: Open, no end date posted

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National Resources

Featured national resource
Access to Capital
National

Small Business Majority

Consejos para encontrar financiación y evitar préstamos predatorios durante COVID-19

Con los cierres de estados y cierres de negocios obligatorios por el estado, los propietarios de pequeñas empresas de todo el país están luchando para pagar lo nomina de sus empleados, alquileres comerciales, gastos generales y más. Ahora más que nunca, es importante estar alerta de los prestamistas abusivos a medida que usted busca capital para mantener su empresa a flote. Nuestra guía para evitar préstamos abusivos incluye pautas para solicitar PPP y EIDL, una lista de verificación para determinar si un préstamo es predatorio y un resumen de la Declaración de Derechos de los Prestatarios de Pequeñas Empresas.

Este documento ha sido traducido al Chino, Vietnamita, Coreano, Birmano, Jemer, Hmong, Bangladesí, Nepalí, Butanés, Hindi, Urdu, Punjabi, Tailandés, Lao, Tagalo, Samoano, Tongano y Marshalés en colaboración con National Coalition for Asian Pacific Americans Community Development con una subvención de la Fundación Ewing Marion Kauffman.

Audience: Small Business Owners, Self-employed, Non-profits

Application deadline: Open, no end date posted
Featured national resource
Emergency capital
National

SBA - Agencia Federal de Pequeños Negocios

SBA Préstamos para Agravios Económicos por Desastres

Ahora acceptando nuevas aplicaciones para Préstamos para Agravios Económicos por Desastres de la SBA. Si usted previamente envió una solicitud y todavía no ha escuchado respuesta, no reenvíe una solicitud. Este portal is para únicamente para nuevos solicitantes. Visite el sitio web de la SBA para más información. 

Audience: Small Business Owners, Self-employed, Non-profits

Application deadline: Open, no end date posted
Featured national resource
Government loan/grant programs
National

U.S. Department of the Treasury

State and Local Fiscal Recovery Funds

The Coronavirus State and Local Fiscal Recovery Funds provide a substantial infusion of resources to help turn the tide on the pandemic, address its economic fallout, and lay the foundation for a strong and equitable recovery.

Audience: Small Business Owners

Application deadline: Open, no end date posted
Featured national resource
Corporate loan/grant programs
National

Comcast

Comcast RISE

Comcast RISE se compromete a apoyar a las pequeñas empresas que han sido las más afectadas por el impacto económico de la pandemia. Si su empresa califica, tendrá la oportunidad de recibir consultas de marketing, ubicaciones en medios, servicios comerciales de producción creativa o servicios tecnológicos de Effectv y Comcast Business. A partir del 24 de noviembre de 2020, todos los propietarios de pequeñas empresas BIPOC serán elegibles para postularse.

Audience: Small Business Owners

Application deadline: Monday, December 14, 2020
Corporate loan/grant programs
National

The Halstead Grant

2024 Halstead Grant

The Halstead Grant is an annual award for emerging silver jewelry artists. The experience is designed to help jewelry entrepreneurs create a strategy to kick-start their careers. 

Audience: Small Business Owners

Application deadline: Wednesday, May 1, 2024