Understanding Economic Stimulus Small Business Grants
Find out how small business grants can be a valuable resource for fueling growth and resilience, especially during challenging times. These grants can provide essential financial support for businesses in need. Uncovering the eligibility criteria and application details can empower your small business to benefit from these valuable grants.
The Small Business Stimulus Grant Program, funded through the federal CARES Act and General Fund allocations by the Board of Supervisors, is designed to provide economic assistance to businesses and nonprofits that have been affected by COVID-19. With a focus on reopening and sustaining businesses, the program ensures equal distribution of $9.5 million per Supervisorial District. District offices will recommend award recipients based on eligibility, adherence to program guidelines, and submission of necessary information and documentation. The funds can support public health and response activities related to the COVID-19 pandemic, with applicable expenses from March 3, 2021, until the end of the agreement term.
Economic Stimulus Small Business Grants Eligibility Determination Criteria Checklist:
1. Are you a privately owned for-profit business or a nonprofit organization?
2. Do you have twenty (20) or fewer full-time equivalents (FTEs), including sole proprietorships and independent contractors?
3. Are you a locally based and operated business in San Diego County, providing goods and services to the community?
Economic Stimulus Small Business Grants Eligibility
Businesses, whether private for-profit or nonprofit, situated and actively operating in San Diego County, may apply if they have encountered financial challenges due to COVID-19. Eligibility requires businesses to have 20 or fewer employees (full-time equivalents) and a minimum operating history of one year. Before submitting an application, nonprofit organizations must confirm their eligibility. Eligible applicants should be listed on the Charitable Organization Registry by the California Attorney General (AG) as CURRENT, EXEMPT, or furnish evidence of non-registration requirements or ongoing registration progress. Additionally, applicants must hold an ACTIVE status with the California Secretary of State or provide proof of authorization to conduct business in the State.
Application Information
Name of Individual Completing Application:
Please provide the name of the contact person within your organization who can address any queries that may arise during the application process.
Economic Stimulus Small Business Grants Application
Organizations looking to apply for economic stimulus small business grants must complete the following sections to ensure all necessary information and documentation are provided for a thorough evaluation of eligibility in the application process.