Business Coalition and Philanthropic Loans and Grants

In addition to federal and state programs, philanthropists, including business coalition, are developing grant and loan programs to support small businesses.

  • Business for AllHello Alice continues to track and update its small business resoruce website. 

  • LA COVID-19 Regional Recovery Fund:  LISC LA has partnered with the County and City of Los Angeles along with other philanthropic partners to oversee and manage the new LA COVID-19 Regional Recovery Fund. The regional Fund will support a new wave of relief and recovery tools for small businesses, non-profits providing essential services, and immigrant-owned enterprises.

  • SMUD Shine Awards:  The Sacramento Municiple Utility District (SMUD) is administering a competitive grant program, Shine Awards, which offers grants from $5,000 to $100,000. Any nonprofit organization [501(c)(3) or 501(c)(6)] within SMUD’s service territory is eligible to apply. Shine awards are available at three funding levels: Spark (up to $10,000), Amplifier (up to $50,000) and Transformer (up to $100,000). Applications will be accepted through Monday, July 27, 2020.

Databases of Grants

In addition, the California State Treasurer is maintaining a list of financial resources for small businesses through a GoogleDoc.  As of April 4, 2022, there were over 160 loan and grant programs listed under the categories of nonprofits and private.

Small Business Majority is also hosting and updating a list of loans and grants available to small businesses in California.

The JEDE Committee is interested in highlighting other financial programs for small businesses.  Please send recommendations for this webpage to ajed@asm.ca.gov.

 

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