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The original item was published from 4/27/2021 8:49:59 AM to 5/4/2021 5:05:01 PM.

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Fountain Valley News

Posted on: April 27, 2021

[ARCHIVED] Small Business Emergency Assistance CDBG Grant Program

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The City of Fountain Valley has created the Community Development Block Grant (CDBG) Small Business Emergency Assistance (SBEA) Grant Program, which will provide funding to low-income small business owners needing financial assistance in overcoming economic impacts due to the COVID-19 pandemic. The program is based on the availability of funds, program guidelines, and submission of all required information and supporting documentation.

Small businesses with less than 25 full-time employees may be eligible to receive a working capital grant of up to $10,000. The grant may be used for working capital to cover the day-to-day business operating expenses such as rent, lease or mortgage payments, payroll, utility expenses, or other similar expenses. Funds may also be used toward the cost of obtaining, or reimbursement for, personal protective equipment or devices intended to enhance the safety of the business, staff, and customers in response to COVID-19. All grant funds must be used to prepare for, prevent, or respond to COVID-19 and documentation will be required in order to receive funding.

The grant application will open on Monday, May 3, 2021 at 9 a.m. and close on Monday, May 17, 2021 at 5 p.m.

Join us on Thursday, April 29th at 11:00 a.m. as city staff and the Small Business Development Center (SBDC) present information on the CDBG grant program and answer your questions. This webinar will be in English and Vietnamese. Register Here 

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