As a company, chance Fund appears with everybody calling for the end to racism and injustice and also to affirm: Ebony Lives thing. Please see our statement that is full HERE Anti-racism Resources to know about tips on how to act.
Chance Fund is dedicated to supporting small enterprises who will be economically struggling amidst the COVID-19 outbreak. If you should be your small business owner whoever company was affected, please contact us straight in order that we possibly may better last.
Please take into account that our power to offer economic support is founded on eligibility directions and availability that is funding. Everyday, we have been using the services of lovers, investors, plus the federal government to secure additional funds to ensure that we can help more business owners during this period.
If you’re a donor or want in supporting chance Fund’s efforts during this time period, please view here to find out more information on the small company Relief Fund.
Chance Fund realizes that it is a extremely hard time for you, your loved ones, along with your company. We have been dedicated to giving you the most readily useful customer support through this crisis and past.
Informative Webinars
We have been very happy to provide a COVID reaction Webinar Series to help keep business owners informed of their choices, helpful resources, and greatest methods with this crisis. Please see links below to register for upcoming webinars and view tracks of previous webinars ( click links for step-by-step description).
Last Webinar Recordings
Capital/Loans
Our buddies at Gusto are upgrading this list daily aided by the information that is latest on funds, loans as well as other resources at a nationwide and regional level: COVID-19 Resource List for workers and companies .
Los Angeles Regional Covid Fund
- Give program launches 6 – more info HERE july.
San Jose Community Developing Block Grants (CDBG)
- The town of San Jose has put aside $2,500,000 of their CARES Act CDBG-CV financing to present $15,000 funds to microenterprises found in the City of San Jose to cover performing capital and company re-startup requires as a result of the crisis that is COVID-19. Chance Fund will administer the grant system with respect to the town. Please go through the eligibility that is entire right here before using.
- Economic Injury Disaster Loan (EIDL)
- On June 15th SBA started accepting brand new EIDL and EIDL Advance applications from qualified small enterprises and U.S. agricultural organizations
- EIDL Application
- Paycheck Protection Program (PPP)
- For those who have been authorized for or received a PPP loan, maybe you are taking into consideration the loan forgiveness procedure. Here are some resources you might find helpful:
- PPP FAQ’s from SBA
- SBA Express Bridge Loans
- Enables small enterprises whom now have a small business relationship with an SBA Express Lender to gain access to as much as $25,000 quickly.
Catastrophe Relief Assistance for Immigrants (DRAI)
- California provides one-time state-funded catastrophe relief assistance to undocumented grownups that are ineligible for any other types of support, including support underneath the Coronavirus Aid, Relief, and Economic Security (CARES) Act and pandemic jobless advantages, for their immigration status. Visit here to learn more .
- Twelve immigrant-serving nonprofit companies will assist people submit an application for and get this catastrophe relief support within their area. An undocumented adult who qualifies can get $500 in direct help, with at the most $1000 in support per home. Study faqs.
Economic Effect Re Re Payments (EIP)
- IRS EIP Ideas Center
Complimentary Credit File
- Nationwide credit scoring Agencies – Equifax, Experian, and Transunion are selling credit that is free. Ensure you get your report right here. Credit history from Nationwide Credit Rating Agencies: Equifax, Experian, and Transunion.
National/Local
- Google Ad Credits – for SMB’s who’ve had active Google Ads in past year
- GoFundMe.org Business Relief Fund – offer micro-grants
- Kiva: 0% loans for business owners
- Company For several mentorship that is grant system run on Alice and Verizon
- Beauty Changes Lives – $1,000 relief grants for beauty industry specialists
- Los Angeles Small Company Crisis Microloan System
- Sacramento business Recovery Program – Application closes 13 july
Scams/Fraud
- Scams and Your small company: A Guide for Business – FTC
- With user-friendly features, the FTC’s information dashboard enables you to click on your own state to see just what people in your area have already been reporting. To check out exactly exactly how individuals throughout the national nation are now being impacted, too.
- FTC, SBA warn businesses about SBA loan guarantees , FTC 6/24/20
- The IRS won’t call regarding the stimulus cash, FTC 6/24/20
Appropriate
- Begin Small Think Big and Public Law Center launched an expert Bono Remote Legal Assistance Clinic for Nonprofits and businesses that are small Ca and many other states.
- Employing a Limited Liability Entity to guard your company During COVID-19 – Thursday, July 9 at 10am PT
- To demand assistance, please finish and submit a COVID-19 Assistance Request Form
- Pandemic Unemployment Assistance (PUA) for the Self-Employed
- CAMEO provides recording and slides from their appropriate center
Fees
- File www.installmentpersonalloans.org/payday-loans-mn online that is free United Way’s MyFreeTaxes system
- Numerous neighborhood non-profits are continuing to provide modified free income tax planning solutions to households claiming significantly less than $56,000 in earnings. To see a summary of non-profits which are supplying the solution to fall off fees (by visit just) or even to access a tool that is free register your very own taxes online, see FreeTaxPrepLA.
- California Earned Tax Credit and Youngster Tax Credit