Microbusinesses in Placer County that have been negatively affected by the pandemic can now apply for relief grants.
Donor Name: County of Placer
State: California
County: Placer County (CA)
Type of Grant: Grant
Deadline (mm/dd/yyyy): 03/18/2022
Size of the Grant: $2,500
Details:
Funding Information
Qualified businesses may receive $2,500 in a one-time payment dependent upon approval of application and availability of funds.
Eligibility Criteria
“Qualified microbusiness” means an entity that meets and self-certifies, under penalty of perjury, all of the following criteria:
- The physical address within Placer County
- Prior to December 31, 2019, the microbusiness began its operation and was legally operating since that time, including being registered with the California Secretary of State, if required.
- The microbusiness is currently active and operating, or has a clear plan to reopen when the state permits reopening of the business.
- The microbusiness was significantly impacted by the COVID-19 pandemic, as evidenced by at least a 10% reduction in revenue from 2019 to 2020 taxable years.
- The microbusiness had less than fifty thousand dollars ($50,000) in revenues in the 2019 taxable year.
- The microbusiness currently has fewer than five full-time equivalent employees and had fewer than five full-time equivalent employees in the 2019 and 2020 taxable years.
- The microbusiness is not a business excluded from participation in the California Small Business COVID-19 Relief Grant Program.
For more information, visit Microbusiness COVID-19 Relief Grant Program.
