Unique Small Business Grants Assist Those Negatively Impacted by the Coronavirus
The Metal Finishing Association of CA recently came across small business grant information and wanted to share these opportunities with our industry members and partners in case your companies might meet the eligibility requirements and are able apply. These are small business grants provided by different sources to assist small businesses that have been negatively impacted by Covid-19.
Please review the information to see if your business meets the eligibility and other requirements before you apply. The Metal Finishing Association of California will continue to research grants, loans and share pertinent information to help support our members and the industry in these unprecedented times.
» Salesforce Small Business Grants (West)
*The application portal is open from now until May 4th 11:59p PST.
Salesforce will be offering Salesforce Care Small Business Grants of $10,000 to provide capital to help keep businesses afloat. These grants will support small businesses as they work to replenish materials, pay salaries, or adapt their business model to overcome these challenging times.
To be eligible to apply, businesses must:
– Be a for-profit business
– Have between 2 to 50 employees
– Have been in business for 2 years as of March 2020
– Have an annual revenue between $250k to $2M
– Have experienced challenges from COVID-19
– Meet all other eligibility requirements as stated in the Grant Program Terms
Click here to Apply Now:
» Local Initiatives Support Corporation (LISC)
*Applications for round 2 are now closed. The next round will open on May 14th. Grants will be made in the amounts of $5,000, $7,500, and $10,000.
LISC supports small businesses and enterprises affected the Covid-19 across the country, especially those in underserved communities, including entrepreneurs of color, women- and veteran-owned businesses that often lack access to flexible, affordable capital.
Applications will be reviewed based on criteria designed to prioritize particularly challenged businesses, and the final grantees will be randomly selected from the top scoring applicants.
If you are a nonprofit organization, they have compiled a guide of resources available nationally and locally.
Sign up to stay updated about LISC’s Small Business Grant Program:
» Global Giving (Red Backpack Fund)
*The portal will open for applications again on May 4, June 1, July 6, and August 3.
The Red Backpack Fund is an initiative started by The Spanx by Sara Blakely Foundation. The foundation donated $5 million to GlobalGiving who will be making at least 1,000 grants of $5,000 each to female entrepreneurs in the U.S. to help alleviate the immediate needs and support the long-term recovery of those impacted by Covid-19.
The first round of applications were open from April 6 at 12pm ET through April 12 at 11:59pm ET. Final grant recipients will be notified by the week of May 11. Each month, we will accept additional applications.
Sign up to get an email notification when the application re-opens:
MFACA will continue to research grants, loans and share pertinent information to help support our members and the industry in these unprecedented times.
Best of luck to applicants.
Stay safe and healthy.
Metal Finishing Association of California
