New Funding Rounds Announced for the California Small Business COVID-19 Relief Grant Program featured image

New Funding Rounds Announced for the California Small Business COVID-19 Relief Grant Program

News from: The County of Riverside

California’s Office of the Small Business Advocate (CalOSBA) announced today four new funding rounds for the California Small Business COVID-19 Relief Grant Program. The four competitive funding rounds will be conducted by CalOSBA’s selected intermediary, Lendistry. Additional information can be found at CAReliefGrant.com and below:

  • Round 1 & 2 – Previously Issued
  • Round 3 (March 5th – 11th): Waitlisted applicants from Rounds 1 & 2
    • Eligible applicants: This is a closed round and only available to eligible applicants who were waitlisted in Rounds 1 and 2 – only existing applicants will be selected. If you were waitlisted, you do not need to reapply. New applications will not be accepted in this round.
    • Eligible grant award: $5,000 to $25,000
  • Round 4 (March 16th – 23rd): Non-profit cultural institutions only
    • Eligible applicants: Only non-profit cultural institutions with any revenue size that meet eligibility criteria found at CAReliefGrant.com
    • Eligible grant award: $5,000 – $25,000
    • Details: Eligible non-profit cultural institutions must complete a new application even if they already applied in Rounds 1 and 2; grants will only be available to non-profits cultural institutions  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 (March 25th – 31st)
    • Eligible applicants: current waitlisted small businesses and non-profits 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 non-profits 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

The California Small Business COVID-19 Relief Grant Program is administered by CalOSBA through a competitive bid award to its intermediary, Lendistry, and its statewide network of community-based lenders and partners. Many of the state-supported small business centers, which prioritize the expansion of technical assistance to underserved business groups, are also available to help small businesses with the application process in multiple languages and formats. For more information on grant requirements and eligibility, along with links to application tips and webinars, visit CAReliefGrant.com.