California Small Business & Nonprofit COVID-19 Relief Grant Program

Dec 29, 2020 12:00AM ● By Rancho Cordova Chamber of Commerce Press Release

Applications Accepted for One Week Only!

RANCHO CORDOVA, CA (MPG) - Wednesday, December 30, the California Small Business & Nonprofit COVID-19 Relief Grant Program will begin accepting applications for grants of up to $25,000. This is NOT a first-come, first-served program, so please take the time to gather the required documents. Applications will ONLY be accepted for one week:

December 30, 2020 @ 6:00 AM PST - January 8, 2021 @ 11:59 PM PST

https://careliefgrant.com/

Eligibility
A small business or small nonprofit must satisfy the following criteria to be eligible to receive a grant award:

1. Must meet the definition of an “eligible small business”. An “eligible small business” means:

a “small business” (sole proprietor, independent contractor, 1099 work, and/or registered “for-profit” business entity (e.g., C-corporation, S-corporation, limited liability company, partnership) with annual gross revenue of $2.5 million or less (but at least $1,000 in yearly gross revenue) based on most recently filed tax return) or
a “small nonprofit” (registered 501(c)(3) or 501(c)(6) nonprofit entity having yearly gross revenue of $2.5 million or less (but at least $1,000 in yearly gross revenue) based on most recently filed Form 990)

2. Active businesses or nonprofits operating since at least June 1, 2019

3. Businesses must currently be operating or have a clear plan to re-open once the State of California permits re-opening of the business

4. Business must be impacted by COVID-19 and the health and safety restrictions such as business interruptions or business closures incurred as a result of the COVID-19 pandemic

5. Business must be able to provide organizing documents including 2018 or 2019 tax returns or Form 990s, copy of official filing with the California Secretary of State, if applicable, or local municipality for the business such as one of the following: Articles of Incorporation, Certificate of Organization, Fictitious Name of Registration or Government-Issued Business License

6. Business must be able to provide an acceptable form of government-issued photo ID

7. Applicants with multiple business entities, franchises, locations, etc. are not eligible for multiple grants and are only allowed to apply once using their eligible small business with the highest revenue

Grant Amounts
Grant funds range from $5,000 to $25,000. Businesses are eligible based on their annual revenue as documented in their most recent tax return:

“Eligible Business” Annual Revenue Grant Amount Available Per Business

$1,000 to $100,000: $5,000 Grant
Greater than $100,000 up to $1,000,000: $15,000 Grant
Greater than $1,000,000 up to $2,500,000: $25,000 Grant

Important

The application is specific that all documents must be in a PDF OR JPG format.

If you do not get in this round, there is a Round 2 planned - the application open date is TBD. If you submitted a complete application during the application window, meet the eligibility requirements, and are not awarded a grant in the first round, your application will be rolled over into the next round for consideration.

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Again, the website is https://careliefgrant.com/

Contact your Rancho Cordova Chamber of Commerce or the City’s Economic Development Department with any questions you may have.

Diann Rogers, Rancho Cordova Chamber of Commerce

[email protected]

916-273-5706

Amanda Norton, Economic Development Department

[email protected]

916-851-8783

Laura Fickle, Economic Development Department

[email protected]