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LA Region Small Business Relief Fund Expired
Description
The County and City of Los Angeles and partners have launched the new LA Region Small Business Relief Fund to provide cash assistance grants for small businesses and nonprofits impacted by the windstorm and wildfires.” “Small Businesses and nonprofits with revenue of up to $6 million and less than 100 employees may be eligible to receive cash assistance grants from $2,000 to $25,000 depending on disaster impact.
Requirements
- “Grantee must be financially impacted by the windstorm and wildfires that took place starting January 7th, 2025.”
- “Grantees must have a business or nonprofit that is headquartered within the boundaries of Los Angeles County and operating within at least one of the following: Fire Zone, Evacuation Order Level 3 Zone, or Evacuation Warning Level 2 Zone during Disaster period.”
- “Businesses, including affiliates, must have 100 or fewer employees and an average annual gross receipt of $6 million or less.”
- “Nonprofits social service providers with a 501(c)(3), 501(c)(6), or 501(c)(19) designation must serve low-to-moderate income communities and have annual gross revenue of $6 million or less.”
- “The business owner applying for the grant must be the majority owner and manager of the qualified business and the owner’s primary means of income in the 2024 taxable year. Person applying on behalf of a nonprofit must be its Executive Officer or President.”
- “Grantees must be active businesses currently in operation and in good standing with all local, state and federal taxing and licensing authorities.”
Eligibility
- Counties
- Los Angeles