Essential resources for businesses

Access to capital is another essential resource for businesses, as it provides the financial means for companies to expand their operations, invest in new technology, or fund research and development efforts. Capital can come from various sources such as loans, grants, or private investment funds.

The availability of funds enables entrepreneurs to take calculated risks and seize market opportunities, allowing them to grow their ventures at a faster pace. Furthermore, sufficient access to capital allows businesses to weather economic downturns or unforeseen challenges, ensuring the company's stability during difficult times.

IRS issues renewed warning on Employee Retention Credit claims

IRS issues renewed warning on Employee Retention Credit claims

IR-2023-40, March 7, 2023

WASHINGTON — The Internal Revenue Service today issued a renewed warning urging people to carefully review the Employee Retention Credit (ERC) guidelines before trying to claim the credit as promoters continue pushing ineligible people to file.

An employer is eligible for the ERC if it:

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LA County's Economic Opportunity Grant

Economic Opportunity Grant Program

January 28, 2023 

Economic Opportunity Grant (EOG) will award more than $54 million across 6,800 grants to organizations in Los Angeles County adversely affected by COVID-19.

Phase 1: Jan. 25, 2023 - May 5, 2023
Phase 2: Feb. 23, 2023 - May 20, 2023

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Funding for Restaurants in April 2023

New Grant Funding for Restaurants in April 2023

April 5, 2023

$5,000 grants available for independent restaurants April 15 – May 7. Please sign up below to receive alerts and updates about this fund. Funding for grants made possible by SoCalGas, PG&E, and SDG&E.

How to Apply 

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Employment Social Enterprise Program

Employment Social Enterprise Program (ESE)


March 28, 2023

The ESE PY 22-23 grant competition solicits proposals to design, develop, and implement programs that will focus on the first step to transitioning participants into the workforce by placing individuals into employment, typically in a supported employment setting, to help them earn wages while building work experience, improving job skills as well as provide supportive services for California’s most vulnerable populations.

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Veteran-owned businesses

Veteran-owned businesses

April 5, 2023

Devoted exclusively to promoting veteran entrepreneurship, the OVBD facilitates the use of all U.S. Small Business Administration (SBA) programs by veterans, service-disabled veterans, reservists, active-duty service members, transitioning service members, and their dependents or survivors.
SBA programs provide access to capital and preparation for small business opportunities. They can also connect veteran small business owners with federal procurement and commercial supply chains.

Find your nearest center:

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California Capital Access Program

California Capital Access Program (CalCAP) for Small Business - Loan

ON GOING - Both the Borrower and Lender pay fees between 2 - 3.5% of loan enrollment amount.

The CalCAP for Small Business Program encourages banks and other financial institutions to make loans to small businesses that may have difficulty obtaining financing. The program features a loan loss reserve model which may provide up to 100% coverage to participating lenders on losses as a result of certain loan defaults. 

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Opportunities in contracting, business development, and other programs

April 5, 2023

The U.S. Small Business Administration's (SBA) Office of Native American Affairs (ONAA) facilitates full access to business growth and expansion tools for small businesses owned by Native Americans. ONAA engages in tribal consultations, produces promotional materials, and participates in national economic development conferences.

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Women-owned businesses

Economic Opportunity Grant Program

January 28, 2023 

The Office of Women’s Business Ownership (OWBO) helps women entrepreneurs through programs coordinated by SBA district offices. Programs include business training, counseling, federal contracts, and access to credit and capital.

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Funding for Restaurants in April 2023

Supporting the development and growth of minority

April 5, 2023

SBA works with independent organizations to provide high-quality counseling and training to meet the specific needs of new and existing small businesses. This resource partner network includes SCORE business mentors, Small Business Development Centers (SBDCs), Women’s Business Centers (WBCs), and Veterans Business Opportunity Centers (VBOCs). 

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Grow your company with a grant

One of many ways small businesses can apply for the capital needed to grow.


March 28, 2023

As part of our mission to provide continued education to founders, all grant recipients also receive a scholarship to one of our acclaimed accelerator programs. Grant money can be used as growth capital to hire or rehire premium wage jobs. Cash infusion can be used to purchase, fix or enhance equipment necessary to help manage growth challenges and scale for the future. 

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Connecting small businesses to big opportunities

We’re on a mission to help small business owners with big plans.

April 5, 2023

These businesses are the backbone of our economy, and they deserve more chances to do big things. That’s why we created the Venmo Small Business Grant. Each Venmo Small Business Grant winner will receive a $10k grant to boost their
business, public promotion on the Venmo and PayPal websites and social profiles, and business resources as well as professional consulting services.

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grants for  immigrant entrepreneurs in California

California Capital Access Program (CalCAP) for Small Business - Loan

April 5, 2023

Through the SEED initiative, we are offering funding to California residents who are starting or growing a business in California. Read through the Spark page to learn more or join one of the upcoming info-sessions.

SEED applicants must identify with one of the following:

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01.

Elevate Together

The Los Angeles Latino Chamber of Commerce (LALCC) is excited to share with our members the return of the Elevate Together Cash Grants program. For 2023, we will have two rounds for grant opportunities.

Thanks to our partnership with ODP Corporation (parent company of Office Depot) and United States Hispanic Chamber of Commerce (USHCC) the initiative helps support Black and Hispanic small businesses with five or less employees.

Application portal opens Friday, April 21, 2023. In the meantime, you can read about the criteria and qualifications before applying. Click here for more information. 

02.

EmployABILITY Business Grant:

This grant offers small- and medium-sized businesses in California an opportunity to grow their operations and create job opportunities for individuals with disabilities. The program is designed to cover new hire costs, including advertising, onboarding, training and first month’s wages. Grants are available in amounts ranging from $20,000 to $200,000. Businesses must qualify with the California Department of Rehabilitation which will create a contract that determines the schedule for funding reimbursement.

03.

Verizon Small businesses. Big dreams.

Our program helps small businesses thrive by offering free and quick online business courses on marketing, finance, efficiency and more, as well as networking and expert coaching. Grant application is now open. Register for Digital Ready, complete any combination of two courses, coaching events, and community events, and apply by May 12, 2023.