Phase II of Los Angeles County's Economic Recovery Grant Program is now open. Economic Opportunity Grants (smallbizla.org) This grant applies to for-profit and non-profit businesses operating in Los Angeles County which make less than $1 million in gross revenue, was in business in 2019, and are currently still in business. These funds are a part of a larger effort by the federal government's American Rescue Plan Act (ARPA) to fight the effects of Covid-19 and help the economy recover.
We completed the application online and it took about 15 minutes from start to finish. All you have to do is complete a questionnaire, upload you tax documents, and upload your business certification documents. That's it, no essay or video submissions.
If you qualify, click the link below to give your business a shot at a $10,000 to $20,000 grant,
which can be spent on debt, payroll, or marketing. Economic Opportunity Grants (smallbizla.org)
Don't wait, as funds are distributed on a first come first serve basis and will be distributed until all funds are exhausted. Funds are expected to be exhausted in May 2023.
Applying for grant funding is not guaranteed. But if you are awarded, it would be well worth the 20 minutes it took to complete the application to have thousands of dollars dedicated to your business growth. Economic Recovery Fund Grants do not have to be repaid and they are earmarked for business owners in Los Angeles County. These funds have to go someone's business, why not yours.
If you need help, click the link to Book a Free Session with an IBC Consultant. Book Sessions | Integrity Business Consulting
Always remember,
Believe. Plan. Execute.
Comments