Unlock New Horizons with the Economic Opportunity Holiday Grant
The holiday season is the perfect time to embrace new opportunities for growth and recovery. The Economic Opportunity Holiday Grant designed to support small businesses and nonprofits in Los Angeles County. The grant is focused on uplifting small businesses and nonprofits, fostering growth and resilience as we head into the new year. This is an excellent opportunity to obtain FREE funding to help accelerate your business. A business can apply for up to $15k!
Program Highlights:
- Grant Amount: Small businesses and nonprofits can apply for grants of up to $15,000.
- Application Deadline: Submit your application by December 31, 2024.
- Decision Timeline: Applicants will be notified after submissions are reviewed, with updates provided via email.
Why Apply?
The grant offers funding to support various organizational needs, such as:
- Acquiring new certified equipment or technology tools.
- Covering employee payroll expenses.
- Renewing local permits.
- Paying off business debts or outstanding expenses, including rent or supplier fees.
- Building working capital to sustain operations.
Designed to empower businesses and nonprofits impacted by challenges such as COVID-19, this grant seeks to bolster economic recovery while addressing current and future needs.
Who Qualifies?
Eligibility criteria include:
- Businesses and nonprofits operating within Los Angeles County.
- Proof of financial impact or recovery needs stemming from the COVID-19 pandemic.
- Good standing with local, state, and federal tax obligations.
Special emphasis is given to microbusinesses, community-focused organizations, and those serving underrepresented groups.
Eligibility Criteria Special Notations:
Priority will be given to:
- Microbusinesses.
- Organizations serving underrepresented groups.
How the Funds Can Be Used:
Grant recipients can use funds for:
- Purchasing new certified equipment or technology.
- Covering employee payroll expenses.
- Renewing or applying for local permits.
- Paying business debts or outstanding expenses.
- Maintaining working capital for ongoing operations.
Application Details:
The application is open now and must be submitted by December 31, 2024. Don’t miss this chance to strengthen your organization during the holidays and beyond! Applications can be submitted online through PACE’s official portal.
How to Apply:
- Visit the PACE Economic Opportunity Holiday Grant page.
- Complete the application form and submit all required documents by the deadline.
- Ensure your contact information is accurate for timely updates.
