Overview: The grant program has expanded to serve small businesses ($15,000 or $20,000 per grant) and nonprofits ($20,000 or $25,000 per grant). The Los Angeles County Board of Supervisors and the LA County Department of Economic Opportunity (DEO) has launched Phase Two of the Economic Opportunity Grant (EOG) program, expanding the grant program from serving microbusinesses to include small businesses ($15,000 or $20,000 per grant) and nonprofits ($20,000 or $25,000 per grant). DEO launched Phase One in January 2023, initially accepting applications only from the County’s smallest and most vulnerable microbusinesses ($2,500 per grant). Through EOG, DEO will award more than $54 million in federal American Rescue Plan Act (ARPA) and California Office of Small Business Advocate funds across 6,800 grants in a continuous rollout to regions and organizations adversely affected by COVID-19. Since the launch of Phase One, more than 10,000 applications from microbusinesses have been submitted or are in progress. DEO has partnered with Lendistry and the LA Small Business Development Center Network (SBDC) to create a central application experience for the EOG program available at grants.lacounty.gov and to facilitate direct concierge support to applicants. Applicants can access live and multilingual webinars, instructional how-to-apply videos and demos, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
