State Funding & Support Available for Businesses

Dec 04, 2020
State Funding & Support Available for Businesses

State Funding & Support Available for Businesses

Small Business Relief Grant Governor Newsom and the Legislature announced a package of assistance for small businesses impacted by COVID-19, including $500 million in grants. While the program is being created, please sign up here to receive an update when launched. Additional assistance announced: tax relief (click here); and recovery loans through the California Rebuilding Fund.

 

  • Sales Tax Deferrals:
  • Automatic 1 month extension for tax payers with less than $1M in sales tax
  • Expand interest-free payment agreements to larger companies with up to $5M in sales tax
  • 6% of businesses qualify for the extension

 

 

  • Emergency Relief Package For Small Business 
  • $500 million in COVID relief funds
  • Grants up to $25K for small businesses/ non-profits/cultural institutions
  • Program will launch soon - get notified when it does here.

 

Loans up to $100,000 with affordable and flexible terms

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