California Capital FDC <info@cacapital.org>
Deadline Extended! The application period to the California Relief Grant Program has been extended to January 13.. And don't forget: funding is NOT first come first served! Applications will be scored and all eligible applicants will get something. There will be a webinar Q&A Session daily from 1/6 (Wednesday) to 1/11 (Monday) at 2:30 pm. Click here to join or call in at +1 669 900 683. Do you have a technology-related question? Contact Lendistry at 1-888-612-4370 · The most updated information will be available at www.CaReliefGrant.com · You can upload documents beginning Wednesday, January 6. They must be scanned copies; photos from a phone will not be accepted. · A full list of application tips is available here. · 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. · Grants are available for up to $25K per eligible business based on gross revenue. · For-profits and non-profits are eligible. A for-profit application guide can be found here. Click here for a non-profit application guide. · Yearly gross revenue must be a minimum of $1K and max of $2.5M. · Business must have been active and generating revenue since June 1, 2019.
1. Must meet the definition of an “eligible small business”. An “eligible small business” means (i) 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) that has yearly 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 (ii) 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 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. How will grant recipients be determined? Click here to learn more.
Comments