The California Office of the Small Business Advocate (CalOSBA) announced that Round 1 for the California Small Business COVID-19 Relief Grant Program has closed. Application approval notices will be sent out between Friday, January 15 through Friday, January 22. Funds will be disbursed over a 45-day verification period beginning Friday, January 22. See CalOSBA & Go-Biz Statement
A second round of applications will open at 8:00 am on Tuesday, February 2 and will close at 6:00 pm on Monday, February 8. Applicants who submitted all necessary documents in the first round and met eligibility requirements, but did not receive a grant, do not need to reapply; their applications will be rolled over for consideration in the second round.
The amount of grant funding ranges from $5,000 to $25,000 for eligible micro and small businesses impacted by the pandemic. It is not a first come, first served program, nor a rolling approval process. Businesses are eligible based on their annual revenue as documented in their most recent tax return. Businesses apply through a partner based on County.
On January 5, the Governor previewed the Equitable Recovery for California's Businesses and Jobs plan - part of the proposed 2021-2022 state budget - which called for immediate legislative action on $575 million in additional grants for the California Relief Grant Program. This investment will add to the initial $500 million allocation announced on November 30, bringing the total to $1.075 billion.
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