Additional grant money & tax relief available to small businesses from CA Rebuilding Fund

Governor Newsom announced a package of assistance for small businesses impacted by COVID-19, including sales tax relief (click here), $500 million in grants, and an additional $12.5 million added to the California Rebuilding Fund. If you are a small business or nonprofit interested in the $500 million grant program, the California’s Office of the Small Business Advocate is working quickly to establish the program; for updates please sign up here.  While there are limited details on the new grants posted on that website, the sign-up link is your best way to stay on top of that opportunity.

Here is an additional state of California link regarding state resources for small businesses. https://covid19.ca.gov/business-and-employers/

In addition, visit LAEDC’s resource page, where we track available grants and other resources at https://laedc.org/coronavirus 


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