City Of Fountain Valley: California Small Business COVID-19 Relief Grant Program Is Now Open!

Press release from the City of Fountain Valley:

March 29, 2021

The Economic Resources Corporation (ERC) is hosting two question and answer webinars on Monday, March 29 and Tuesday, March 30, 2021 at 2 p.m. to address any questions applicants have concerning completing the COVID-19 Relief Grant application that is now open. Here is the link for the webinars:

https://us02web.zoom.us/j/86457033065?pwd=b1ZzeUpiRDd2NG53ajhTTWU5aGhFQT09

The ERC are excited to announce that Round 5 of the California Small Business COVID-19 Relief Grant Program is now open!

Governor Newsom signed into law a comprehensive package providing urgent relief for the small businesses of CA.  There will be $729,000,000 available for distribution.  The application period will be from March 25th – March 31st.  It is not first come, first served.  Based on annual gross revenues for 2019 tax year, eligible business can receive the following:

Revenues $1,000 to $100,0000 = $5,000 grant

Revenues $100,000 up to $1,000,000 = $15,000 grant

Revenues Greater than $1,000,000 to $2,500,000 = $25,000 grant

Here are the most frequently asked questions about Round 5:

What are the key dates for Round 5?Open: March 25th, 2021Close: March 31st, 2021 Start of Selection Notification: TBD

I was waitlisted in Rounds 1, 2, or 3. Do I need to submit a new application in Round 5?NO. Waitlisted applicants will automatically rolled into Round 5. Do not reapply. Reapplying may flag your application as fraud.

To learn more about additional funding rounds, please visit CAReliefGrant.com or for direct access to the application, click HERE. 

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This press release was produced by the City of Fountain Valley. The views expressed here are the author’s own.