GSBE Business Update 01/12/21
CA PROPOSES $4.5 BILLION IN JANUARY BUDGET TO HELP STRENGTHEN ECONOMY
Funds would provide an additional $575 million for California’s small businesses, $777 million for The California Jobs Initiative, and funding for housing, EV adoption, workforce development initiatives, and fee waivers for some small businesses. Read the full plan here.
DEADLINE TO APPLY FOR EIDL EXTENDED TO DECEMBER 31, 2021
SBA announced that the deadline to apply for a COVID-19 pandemic Economic Injury Disaster Loan (EIDL) has been extended. All eligible small businesses and nonprofits are encouraged to apply for these affordable loans. Learn more and apply by clicking here.
DEADLINE EXTENDED TO JAN 13! GRANTS FOR SMALL BUSINESSES IMPACTED BY COVID
SHARE WITH YOUR SMALL BIZ FRIENDS: A new $500 million Small Business COVID-19 Relief Grant Program for eligible small business owners and nonprofits. Grants up to $25,000 are available. The deadline to apply has been extended to January 13. APPLY TODAY!
SMALL BUSINESS OWNERS – APPLY NOW FOR ICEP GRANTS
California STEP grant program opened the application window for Individual Company Export Program (ICEP) grants. The ICEP program is designed to reimburse eligible California small businesses up to $5,000 for eligible export promotion-related expenses. Click here for more information.
CALIFORNIA COMPETES TAX CREDIT APPLICATION PERIOD OPENS
Apply now for the California Competes Tax Credit! There are $80 million in tax credits available for businesses that are expanding and adding quality, full-time jobs in California. The deadline to apply is Monday, January 25. View the application guide here.