Grant Amount: $5,000
Hayward small businesses and sole proprietorships with 25 or fewer employees may be eligible for $5,000 and $10,000 Alameda County Small Business Recovery grants but will need to act fast.
The Small Business Recovery Grant Program is being administered by the East Bay Economic Development Alliance and was authorized by the Alameda County Board of Supervisors when it appropriated federal American Rescue Plan Act (ARPA) funds.
Applicants can receive a one-time grant of $5,000 for home-based businesses or a $10,000 for brink-and-mortar businesses, provided they have not previously received COVID-19-related ARPA funding directly from the County of Alameda.
The application period opens today, Monday, Oct. 10, and closes on Monday, Oct. 31. Funds are limited and not everyone who applies is guaranteed to receive funding. If the total funding requests for all grant applications exceeds available program funding levels totaling $11 million, grants will be awarded by lottery.
HOW TO QUALIFY
- Businesses must be for-profit entities in Alameda County meeting the following criteria:
- Employ between 1 and 25 employees.
- Independently-owned home-based businesses, businesses with brick-and-mortar locations, and franchises
- Sole proprietors, Partnerships, Limited Liability Corporations
- Business must still be in operation and is expected to remain open
- Business must possess a current business license for the location in accordance with all applicable operating requirements
- The negative economic impacts of the COVID-19 pandemic to the business have resulted in income loss that meet or exceed the awarded grant amount, due to decreased revenue and/or increased costs.
- A business may only apply for and receive one grant, regardless if the business owns and/or operates from multiple locations in Alameda County
- Business has not previously received COVID-19 related ARPA funding from Alameda County (e.g. Alameda County Board of Supervisors’ District Cash Aid grants, Alameda County Social Services Agency licensed childcare grants, etc.)