Employee Whereas Assistance For Small Business In Contra Costa
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We protect your documents and personal data by following strict security and privacy standards.
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Grants are available to California-based businesses operating since at least June 1, 2019 that have been affected by COVID-19. Small businesses with $1,000 to $100,000 in annual gross revenue are eligible for a $5,000 grant. Businesses with revenue between $100,000 and $1 million are eligible for $15,000.
Health and Safety Code Section 40503 – “Small business” means a business that is independently owned and operated and meets all of the following criteria: (A) The number of employees is 10 or less. (B) The total gross annual receipts are five hundred thousand dollars ($500,000) or less.
The California Dream Fund Grant Program (CDFG or Dream Fund) was created in 2021 by Senate Bill No. 151 (Government Code Section 12100.63) to provide microgrants up to $10,000 to seed entrepreneurship and small business creation in underserved small business groups that are facing capital and opportunity gaps.
Participants who have completed eligible training programs and have been issued a certificate of completion from their technical assistance (TA) center should work with their TA center to complete a Dream Fund grant application through Lendistry at .
10 steps to start your business Conduct market research. Write your business plan. Fund your business. Pick your business location. Choose a business structure. Choose your business name. Register your business. Get federal and state tax IDs.
As noted in the sections above, grants for small businesses are highly competitive and often limited to a certain type of business or business owner. So your first step in qualifying for a grant is to narrow the list to grants with criteria that seem a good match.
Meet size standards Most manufacturing companies with 500 employees or fewer, and most non-manufacturing businesses with average annual receipts under $7.5 million, will qualify as a small business. However, there are exceptions by industry.
