Eligible businesses can receive up to a $10,000 grant
Small businesses across the country, the backbone of our nation's economy, are facing potentially devastating economic pressure as a result of the Covid-19 pandemic. Many have already been forced to shut temporarily, and even those operating remotely still face major revenue shortfalls. With few or no reserves to pay their expenses, many will have no choice but to lay off workers and close their doors forever.
Financial assistance at this critical time can make the difference between staying in business or closing permanently, leading to lost income and jobs and economic instability.
Thanks to support from funders like Verizon and Sam's Club, we are providing grants to small businesses, to help them keep functioning and remain vital facets of their local economies through this challenging period.
Applicants may apply for one business only and must be 18 years of age to apply. For business owners with multiple businesses, please complete this application based on your largest business owned. Each grant is limited to one individual/business.
Awards will be made to qualified businesses, and eligibility is based on accurate and complete submission. Priority will be given especially to entrepreneurs of color, women- and veteran-owned businesses and other enterprises in historically under-served places who don’t have access to flexible, affordable capital.
All awardees will have to certify that they are promoting the best interests of the community and are negatively impacted by the Covid-19 crisis.
Non-profit organizations are ineligible for this particular pool of relief funding. Be sure to check LISC’s Covid-19 Resource Page: https://www.lisc.org/los-angeles/covid-19-response/ for the latest resources available to nonprofit organizations and individuals.