Business Updates 3/4/21
CalOSBA Announces 4 Additional Rounds of California Small Business COVID-19 Relief Grant Program
The California Office of the Small Business Advocate (CalOSBA) announced that on February 23rd, the Governor signed into law a comprehensive package providing urgent relief for the small businesses of CA. The package provides an additional $2 billion for grants up to $25,000 for small businesses impacted by the pandemic, and allocates $50 million of this total for non-profit cultural institutions.
To learn more about each of the new funding rounds, click here.
California Competes Tax Credit Applications Open on March 8th!
The next California Competes Tax Credit (CCTC) application period starts March 8, 2021, with $71.1 million in available tax credits. Businesses interested in applying can register to view a live webinar explaining the application process.
Click here to learn more.
Business Updates 2/25/21
Work Opportunity Tax Credit Extended Through 2025
The Work Opportunity Tax Credit (WOTC) is an incentive for employers to broaden their job applicant pools and hire from certain groups of people who may need assistance finding jobs. This tax credit has been reauthorized and extended through the end of 2025.
Click here to learn more.
California Launches Safer At Work Business Compliance Page
The website is a one-stop-shop for up to date COVID-19 compliance information. To visit the website, please click here.
United States Economic Development Association (EDA) are Now Accepting Applications for Build to Scale Program
EDA is accepting applications for the Build to Scale Program, a $38 million funding opportunity that fuels tech-based economic development in regional economies. Cities, counties, and entities supported by a state or a subdivision of a state, including public-private partnerships and economic development organizations, are eligible to apply. The deadline to apply is April 29, 2021.
To learn more, click here.
Orange County Community Service Department
Mon-Fri 8AM to 5PM
Call center for businesses impacted by the current COVID-19 crisis. Bilingual operators will be also available.The Economic & Business Recovery Call Center will offer information and resources to help Orange County businesses with information about available loans, utility reduction programs, and community resources mapping.
Local district office located in Santa Ana, CA. Office's intent is to Inform, Educate, and Connect Businesses. Helps with the resources businesses need to start, grow and succeed.
For more information, visit www.sba.gov.
Small Business Resources:
- U.S. Chamber Small Business Checklist and Small Business Guide
- Resources to Help Your Small Business Survive
- COVID-19 Resources for Employers and Workers
- U.S. Chamber Coronavirus Resource Website
- U.S. Chamber Disaster Help Desk
- U.S. Chamber Guide to the Employee Retention Tax Credit
- I.R.S. COVID-19 New Employer Tax Credits Guide
- Emergency Loan Guide