$5k Small Business Assistance Grant Program Still Taking Applications
City of Milpitas - Office of Economic Development | February 23, 2022
The California Small Business Development Center (SBDC) Network and The Inclusivity Project invites startups, small business enterprises, angel investors, venture capitalists, government stakeholders and industry representatives to join us for our Black History Month Global Diversity and Investment Summiton Friday, February 25, from 10am-12pm. Check out the incredible speaker lineup of investors & BIPOC entrepreneur supporters. Click here for FREE registration.
Community-based businesses are crucial ways to develop community wealth, for both business owners and the people they employ. Healthy Black-owned businesses could be a critical component for closing the Black–White wealth gap. The COVID-19 crisis, however, has further stressed Black-owned businesses and may cause the racial wealth gap to widen. Black business owners have been disproportionately affected by the pandemic-linked economic downturn, partly because they are more likely to be in an uncertain position, including more likely to be located in communities with business environments that don’t have the resources and assistance to help sustain and grow their businesses.
Small Business Assistance Grant Program: Not Too Late to Apply!
The City of Milpitas has launched the 2022 Milpitas Small Business Assistance Grant Program to support local businesses that have been negatively impacted by the COVID-19 pandemic The $1,500,000 grant program is funded by the American Rescue Plan Act (ARPA) and approved by the Milpitas City Council to assist Milpitas small businesses with resiliency and recovery efforts. The grant program will provide $5,000 grants and free technical assistance to over 280 Milpitas small businesses. The grant application period is open from January 31 through March 1, 2022. Clickherefor full details and to submit an application.
If you have any questions or need business assistance, please visit our website. Additionally, do not hesitate to contact the Office of Economic Development team by sending us anemail. Assistance is available in English, Chinese, Spanish, Tagalog, Vietnamese, and other languages. The pandemic has created hardship for Milpitas families and businesses alike. Please know that we stand with you as you navigate your way out of the pandemic. We are here to help you!