- Loan program to support California’s small businesses
- Businesses eligible if they employed 50 or fewer employees (FTEs) and had gross revenues of less than $2.5 million or below in 2019
- Loans will need to be paid back over a 3- or 5-year term with a fixed annual interest rate that is currently 4.25%.
The latest on federal relief for small businesses
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.
California’s Infrastructure and Economic Development Bank (IBank)
California Rebuilding Fund
Area served: California Audience: Small Business Owners
California Office of the Small Business Advocate
California Microbusiness COVID-19 Relief Grant Program
The California Microbusiness COVID-19 Relief Grant Program is funded by the State of California and administered by the Office of the Small Business Advocate (CalOSBA). The program provides competitive micro grants of $2,500 to eligible microbusinesses impacted by COVID-19 and the related health and safety restrictions. This program will be implemented by County organizations or nonprofits working on their behalf.
For application details and updates specific to the program available in your county, please contact the organizations listed. Applications start February 14.
Area served: California Audience: Small Business Owners, Self-employed
Inicio Ventures and Google Startup
Hispanic Heritage Month Pitch Series 2022
Four pitch events over four weeks celebrating Latinx-led startups while they vie for cash prizes, recognition and investments in front of live audiences across the US.
Deadlines vary by state:
-San Diego: September 15th
-New York: TBD
Area served: California, New York Audience: Small Business Owners
ConocoPhillips Small Biz Builder
The ConocoPhillips Small Biz Builder program will support at least 75 small businesses in Eddy and Lea counties in New Mexico, and Ward, Ector, Midland and Winkler counties in Texas through weekly online training sessions. Participants commit to a series of virtual sessions, assignments and advising sessions over the course of three weeks. Graduates of the program will receive special considerations for access to capital.
Area served: NM: Eddy County, Lea County. TX: Ward County, Ector County, Midland County, Winkler County., New Mexico, Texas Audience: Small Business Owners
Food Foundry Startup Accelerator
Food Foundry is a Chicago-based growth accelerator program by Relish Works, built in partnership with Gordon Food Service. Food Foundry supports, connects, and propels innovative startups who are reimagining the food industry.
Area served: Chicago, Illinois Audience: Small Business Owners
Texan's Small Business Boost
In 2020, Amegy Bank partnered with the Houston Texans to create the Small Business Boost program, which supports local small businesses in the Houston community. Over the past two years this program has awarded 12 small businesses with grants totaling $40,000. This year, the program will continue to support small businesses by awarding another 5 businesses with grants. To nominate your favorite business, use the link below and tell us why this business is such an important part of the community.
Area served: Houston, Texas Audience: Small Business Owners
Creative Industries Grant Fund
The program offers grants of $5,000 to $20,000 for local creative entrepreneurs to use for production, post-production, distribution, marketing outreach, touring, prototype development, product development and sales and attraction for their creative projects.
Area served: Atlanta, Georgia Audience: Small Business Owners, Self-employed
Founders First CDC
Southern California Job Creators Quest Grant
A total of $100,000 will be awarded to 30 businesses in Southern California. Grant money can be used as growth capital to hire or rehire premium wage jobs. Cash infusion can be used to purchase, fix or enhance equipment necessary to help manage growth challenges and scale for the future. Founder identify as one of the following: Latinx, Black, Asian, Women, LGBTQIA+, Military Veteran, or located in a Low to Moderate Income area. Must have a current staff of 2-20 employees. Will have the ability to add 1-2+ net new premium wage jobs in the next 12 months.
Area served: Los Angeles, Orange County, Riverside, San Bernardino, Imperial, San Diego, California Audience: Small Business Owners
Michigan Veteran Entrepreneur-Lab
Michigan Veteran Entrepreneur-Lab
Michigan Veteran Entrepreneur-Lab (MVE-Lab) is a free 3-month entrepreneurship accelerator for veterans and/or military spouses. It is designed to provide hands-on startup education for those seeking to add $25,000 or more annual income to their household through small business activity. The program is cohort-based and meets on Monday (Grand Rapids) & Tuesdays (Ann Arbor) nights for 12 weeks, 6p to 9p.
Area served: Grand Rapids, Ann Arbor, Michigan Audience: Small Business Owners
Fiserv Back2Business Grant
Fiserv + Clover in partnership with AEO have opened the Nebraska and Iowa grant cycle in Fiserv's Back2Business grant program. Fiserv will award grants in the amount of $10,000 to Black- or minority-owned businesses.
Area served: Iowa, Nebraska Audience: Small Business Owners