The City of Claremont is offering a small business grant program using American Rescue Plan Act funds to assist Claremont small business impacted by the pandemic.
Donor Name: City of Claremont
State:
County: All Counties
Type of Grant: Grant
Deadline: (mm/dd/yyyy) 02/15/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
The Claremont Small Business Grant Program will offer eligible small businesses grants of up to $20,000 to create or retain a job for a low- or moderate-income person. The standard grant amount is $15,000 and an additional $5,000 is offered for businesses that participate in the Claremont Colleges IC2 Internship Program. The grant funds can be used for a variety of operating and business expenses, including rent and utility assistance, obtaining inventory and supplies, payroll, employee hiring and retention, and marketing. Staff is proposing to utilize a lottery system to select at least twenty (20) eligible businesses.
Uses of funds
- Employee payroll
- Working capital to continue operations
- Payment of outstanding expenses
- Obtaining inventory or supplies
- Employee hiring and retention
- Marketing
Eligibility Criteria
Eligible small businesses must be one of the below businesses types:
- Restaurants, coffee shops, bakeries, cafes, gastropubs, etc.
- Salons, barbers, and other grooming businesses
- Gyms, day spas, and fitness studios
- Retail and Commercial stores such as consumer goods, electronics and appliances, health and sporting goods, furniture, clothing and shoes, kitchen equipment, books and entertainment stores, music and audio/visual equipment, etc.
For more information, visit City is Claremont.
