State officials are ready to distribute the second round of the California Relief Grant Program, which would provide businesses between $5,000 to $25,000 based on their annual revenue, citing that those who have applied for the first funding are instantly eligible for the second.
Starting on February 2, small businesses and nonprofit organizations in California, which were affected by the COVID-19 and the corresponding health and safety orders, are eligible to apply for the second round of the relief grants.
COVID-19 Relief Grant Program
The state’s Office of the Small Business Advocate is responsible for the distribution of the California Relief Grant Program. The agency would provide funding for a set amount based on its most recent tax return’s annual revenue.
Officials are opening up applications for the program starting February 2 and have set a deadline for February 8. Authorities note that the second round is the last chance for businesses to apply for the relief grant program.
The California Relief Grant Program website said that, before being evaluated based on COVID-19 impact factors, it would check applications in the second round to assess eligibility. The following are COVID-19 impact factors:
- Geographic distribution on the grounds of COVID-19 health and safety regulations following the Safer Economy and County Status Blueprint of California and the latest regional stay-at-home order.
- The business industries that were most affected by the pandemic.
- Underserved small business groups served by the small business centers, which are state-supported networks (i.e., businesses wholly owned and mostly operated by women, and minorities/people of color, and veterans low-to-moderate-income businesses and rural areas.)
The grants for small businesses that were adversely impacted by COVID-19 and the state-provided tax relief are part of the relief grant program package. In late December, the first round of the application opened.
The Economic Injury Disaster Loans, federal Paycheck Protection Program, or Provider Relief Fund are not related to the state’s grants, the California Dental Association reported.
Beginning on February 2, the online application will start. On the California Small Business COVID-19 Relief Grant Program website, applicants can also find more information about qualifications, paperwork, application tips, and more.