Interested in starting a new business or expanding an existing business in Claremont? For prospective and existing business owners who need financial help, the City is offering the Job Creation and Business Incentive Program, which provides a forgivable loan as an incentive to promote job creation for a low to moderate income person(s).
Donor Name: City of Claremont
State: California
City: Claremont
Type of Grant: Grant
Deadline: Ongoing
Grant Size: $25,000
Details:
Grants can be used for business expenses such as:
- Interior/exterior improvements
- Purchase of business equipment, furniture, and/or fixtures
- Working capital
Funding Information
Must create 1 new full-time equivalent job for a low to moderate income person for every $25,000 awarded.
Eligibility Criteria
The business must either be a new business, or an existing business wanting to expand its gross floor area by 50% or more. Eligible must fall under one of the following categories:
- Retail
- Quality food establishments
- Entertainment businesses (must sell concessions/food items)
For more information, visit City of Claremont.