Delivering on Small Business COVID-19 Relief Funding

Dear Neighbors,

The California Legislature and Gov. Gavin Newsom recently included more funding for much needed financial relief to families and businesses suffering from unprecedented economic hardships caused by the COVID-19 pandemic.

I was proud to be a co-author of the small business funding package to help our community recover.

In December 2020, the state began the California Small Business COVID-19 Relief Grant Program that provides micro grants ranging from $5,000 to $25,000 to eligible small businesses and nonprofits impacted by COVID-19 and the related health and safety restrictions.

The State built on the program it began in December by allocating an additional $2.1 billion, including a special program allotment of $50M for non-profit cultural institutions. This new allocation represents a four-fold increase from the original allocation. The initial $500 million competitive grant program was delivered in two rounds serving over 40,000 small businesses.

The California Office of the Small Business Advocate will administer the new $2.1 billion allocation. The additional rounds will be as follows:

Round 4 (nonprofit cultural institutions only): Tuesday, March 16th through Tuesday, March 23rd, 2021

Eligible applicants: Only nonprofit cultural institutions with any revenue size that meet eligibility criteria found at CAReliefGrant.com.

Eligible grant award: $5,000 - $25,000

Details: Eligible nonprofit cultural institutions must complete a new application even if they already applied in Rounds 1 and 2; grants will only be available to nonprofits that did not receive funding in Rounds 1, 2 or 3; grants will be prioritized based on the documented percentage revenue declines based on a reporting period comparing Q2 and Q3 of 2020 versus Q2 and Q3 of 2019

Round 5: Thursday, March 25th through Wednesday, March 31st

Eligible applicants: current waitlisted small businesses and nonprofits not selected in Rounds 1, 2, or 3 and new applicants that meet eligibility criteria found at CAReliefGrant.com.

Eligible grant award: $5,000 - $25,000

Details: Applicants not selected to receive a grant in Rounds 1, 2, & 3 do not need to reapply as they will be automatically moved into Round 5. New applicants will need to apply at CAReliefGrant.com.

Round 6: Date to be announced soon

Eligible applicants: current waitlisted small businesses and/or nonprofits not selected in Rounds 1, 2, 3, 4 or 5 and new applicants that meet eligibility criteria found at CAReliefGrant.com.

Eligible grant award: $5,000 - $25,000
Details: Applicants not selected to receive a grant in Rounds 1, 2, 3 & 5 do not need to re-apply and will be automatically moved into Round 6. New applicants will need to apply at CAReliefGrant.com.

If you are small business owner who already applied for a loan, do not worry about reapplying. If you have not applied, additional information on eligibility, required documentation and the application can be found at CAReliefGrant.com.

I will continue to keep you informed of any new developments on the programs that can help your small businesses.

Sincerely,

Senator Susan Rubio
Senate District 22