The Micro Biz grant is for small business owners whose household income is less than 50,000 a year.
Donor Name: Placer County
State: California
County: Placer County (CA)
Type of Grant: Grant
Deadline (mm/dd/yyyy): 06/10/2022
Grant Size: $2,500
Details:
Funding Information
Small businesses in Placer County are now invited to submit an application to receive $2,500.
Eligibility Criteria
Qualified microbusiness” means an entity that meets and self-certifies, under penalty of perjury, all of the following criteria:
- Physical address within Placer County
- Prior to December 31, 2019, the microbusiness began its operation and was legally operating since that time, including being registered with the California Secretary of State, if required.
- The microbusiness is currently active and operating, or has a clear plan to reopen when the state permits reopening of the business.
- The microbusiness was significantly impacted by COVID-19 pandemic, as evidenced by at least a 10% reduction in revenue from the 2019 to 2020 taxable years.
- The microbusiness had less than fifty thousand dollars ($50,000) in revenues in the 2019 taxable year.
- The microbusiness currently has fewer than five full-time equivalent employees and had fewer than five full-time equivalent employees in the 2019 and 2020 taxable years.
- The microbusiness is not a business excluded from participation in the California Small Business COVID-19 Relief Grant Program, as specified in paragraph (2) of subdivision (f) of Government Code Section 12100.82.
For more information, visit Placer County.