The City of Oakley is excited to announce the second cohort of the Small Business Grant Program.
Donor Name: City of Oakley
State: California
City: Oakley
Type of Grant: Grant
Deadline: 06/26/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
This program is designed to support Oakley’s small businesses posed by the COVID-19 pandemic and financial market fluctuations. Eligible small businesses can receive a grant of either $2,500 or $5,000, based on the financial impact during the pandemic.
The grant amounts are determined by the total annual revenue in 2020 OR 2021
- Businesses with an annual revenue of less than $100,000 are eligible for a $2,500 grant.
- Businesses with a total revenue of $100,000 or more can receive a $5,000 grant, acknowledging that larger businesses have greater operational needs and a more significant impact on the local economy.
Use of Funds
The grant can be used for essential business expenses such as implementing safety protocols, covering rent and utilities, retaining employees, and for marketing and promotional activities.
Eligibility Criteria
- Must be located within Oakley City Limits.
- A valid City of Oakley Business License is required.
- Private corporations, LLCs, and similar entities are welcome. Publicly traded companies are not eligible.
- Must have fewer than 25 employees.
- Proof of financial hardship due to the pandemic.
- Business must have an “active” status with the California Secretary of State.
For more information, visit City of Oakley.
