About The Grant
The City of Riverside Small & Micro Business Grant Program is designed to support local small businesses by providing resiliency consultations to identify areas for improvement and build customized strategies for increased financial stability, long-term sustainability, and capacity for success. This program aims to address not only the continuing pandemic recovery needs but also to support the long-term resiliency and growth of local small businesses, promote access to valuable partner resources, and reduce barriers to success faced by small businesses in disadvantaged communities.
In addition to direct financial support, all applicants will have the opportunity to participate in a free one-on-one strategic planning consultation. This consultation will help businesses identify opportunities for improvement and build strategies tailored to increase their financial stability, long-term sustainability, and capacity for success. The grant program is open to various types of businesses, including self-employed individuals, entrepreneurs, sole proprietors, 1099 independent contractors, home-based operations, and corporations, provided they meet the eligibility criteria.
Important Details
- 1. Application Deadline: 08/31/2024
- 2. Link to Application: Apply Here
- 3. Donor Name: City of Riverside
- 4. State(s): California
- 5. Grant Duration: Grant Duration Not Mentioned
- 6. Grant Amount: $10,000 to $100,000
- 7. Qualification Criteria:
- Privately-owned, for-profit business in operation prior to 03/13/20
- Includes self-employed individuals, entrepreneurs, sole proprietors, 1099 independent contractors, home-based operations, LLCs, C-Corporations, etc.
- Individuals who started a business due to COVID employment challenges prior to 01/01/23
- Located within city limits of Riverside
- Must have a physical business address (or residential address if home-based)
- Annual gross revenue between $10K – $2.5 Million
- Under 50 employees (including owners)
- Active and in good standing with all city, county, state, and federal entities
Taking Action
It is crucial for eligible small business owners to take action and apply for this grant opportunity before the deadline. The financial support and strategic consultations offered can significantly enhance your business’s resilience and growth potential. Additionally, sharing this grant opportunity with your network of Latino businesses can help others benefit from the resources provided by the City of Riverside Small & Micro Business Grant Program. Don’t miss out on this chance to strengthen your business and contribute to the economic recovery and growth of your community.
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