$30,000 grants available through El Dorado County small business and non-profit relief fund

EL DORADO COUNTY, Calif. - A small business relief fund has been set up to assist in alleviating debt caused by the pandemic and COVID-10 related issues.

El Dorado County (EDC) has established a $5M Small Business Relief Fund through El Dorado Community Foundation (EDCF) to assist in coordinating the the Small Business Relief Fund with assistance from the El Dorado Hills Chamber of Commerce, El Dorado County Chamber of Commerce, and the Tahoe Chamber.

EDCF will be considering small business applications for grants up to $30,000 for local small businesses and registered 501c3 non-profits.

Applications may be submitted following the criteria articulated below:

• Applications will be accepted from August 14, 2020 through September 3, 2020 at 5:00 p.m.
• Small business grant applications are available for businesses and registered 501c3 non-profits located and operating within El Dorado County with debt due to COVID-19 related issues.
• Small businesses (in good standing with EDC) with 50 or less verifiable full-time employees & an annual revenue of $6M or less are invited to apply.
• Businesses must have established business prior to April 2019.
• Type of Businesses Allowed: single owner, small business with fewer than 4 partners, registered 501c3 nonprofits. Franchises are not be eligible for grants.
• Outstanding invoices/receipts (from March 1 forward) directly related with business operations due to COVID-19 related loss and invoices from COVID-related expenses will be considered. Actual invoices or receipts must be submitted with the application. Invoices are required and must be either 1) unpaid because of COVID-19 issues or 2) invoices/receipts for COVID-related expenses.

Applications will NOT be considered without invoices or receipts attached.
Acceptable Outstanding Invoices/Receipts to Submit:

o Rent or Mortgage Bills
o Utility Bills (for utility costs accrued since March 1, 2020)
o Business Association Fees
o Tax Bills
o Supply Bills
o Hard Costs associated with COVID related safety
Invoices/Receipts must include:
o Date of billing (Post March 1, 2020)
o Name of Business- must match Business applying for grant
o Payment information: when and where payments to be made
• Awardees will need to remain in business for a period of 60 days after that grant has been issued. If a business fails prior to the 60-day period the grant must be repaid. Awardees will be expected to sign a grant acknowledgement form as this is a grant and not a loan.

Though the applications are identical, for ease in organization, complete the application based on your business location. Click here for the EASTERN SLOPE application, and click here for the WESTERN SLOPE application. Each link has all application information and details and explains what businesses and expenses qualify for this grant funding.