Governor Newsom and the California State Legislature in their ongoing efforts to combat the COVID-19 pandemic have announced a $500 million relief package of assistance for small businesses, which includes nonprofit organizations that have been impacted by the pandemic and the related health and safety restrictions.
The funds will be disbursed through Community Development Financial Institutions throughout the state in 2021.
Small nonprofits with gross revenues of $2.5 million or less.
December 18, 2020 - April 1, 2021
Further program details and eligibility requirements are still in development. If your nonprofit organization is interested, please visit the website of the Governor’s Office of Business and Economic Development for updates or click here to sign up to receive an email update once the program is launched.