O'Farrell Announces Round 2 of Small Business Grant Program

Posted on 01/21/2021
Front lawn of Los Angeles city hall

LOS ANGELES - Councilmember Mitch O’Farrell and the City’s Economic and Workforce Development Department (EWDD) announced today the application period for the second round of grant funding for small businesses in the 13th District, is now extended to Thursday, February 11 at 5PM.

**Applications are currently being accepted through February 11, at 5PM. Click here to start the application process.**

This next round of funding is open to a wider swath of small business owners due to an increase in the revenue cap requirements. During the second phase, small businesses located within the 13th District with annual revenues of up to $5 million dollars will qualify for the grant funding.

Councilmember Mitch O’Farrell allocated $1 million of discretionary funding to kickstart the grant program last July to assist small businesses in the 13th District pay their bills during and after the COVID-19 pandemic. This specific funding historically would have been utilized for other purposes such as public infrastructure projects.

The program will be administered in partnership with EWDD.  

**Applications are currently being accepted through February 11, at 5PM. Click here to start the application process.**

**NOTE: Businesses that applied but did not qualify for the first round of funding last year due to the revenue requirements will be automatically entered into this next phase of grant funding. An email will be sent to those businesses to alert them of their status in the program.

“Our small businesses are hanging by a thread to survive because of the devastating impacts and uncertainty of the Coronavirus pandemic,” said Councilmember O’Farrell. “This additional round of financial assistance will help even more neighborhood-based establishments pay bills, retain workers, and help support our local economy when it needs it most.”

"COVID-19 has completely altered how small businesses operate, with many experiencing devastating economic consequences,” said EWDD General Manager Carolyn Hull. “EWDD is proud to support CD 13’s grant program, which will help alleviate some of the financial stressors currently being experienced by many local mom-and-pop shops."

**Applications are currently being accepted through February 11, at 5PM. Click here to start the application process.**

The City’s Economic and Workforce Development Department is the program manager and will require that applicants:

  •     Must have an established business in the 13th District
  •     Must have “active” status with the CA Secretary of State
  •     Must provide the required application documents (current BTRC, W-9, etc.)
  •     Must have an annual gross revenue of up to $5M, and have an established commercial location.
  •     Economically affected by COVID-19

**Acelera Financial is providing technical assistance to answer questions about the application process. For more information, contact Acelera by email: TA@acelerafinancial.com or call (213) 410-5099.

Councilmember O’Farrell and his colleagues have taken the following actions to assist small business owners:

  •     Councilmember O’Farrell won the support of his colleagues to refine the Right-of-Recall Ordinance, which aims to ensure workers who are laid off due to the pandemic have the opportunity to regain their jobs once emergency orders are lifted. O’Farrell fought for extra protection for restaurants, coffee shops, bars, nightclubs, and wine bars not located in a hotel or event space, as well as expanded the job notification requirement to include email and text messages to notify former employees as to when work is available.
  •     Introduced a resolution that supports federal legislation to fix the Paycheck Protection Program(PPP) to assist our small business owners.
  •     Led the initiative to make it unlawful for a third-party food delivery service app (e.g. Grubhub, Doordash, etc.) to charge more than 15% for the delivery, and more than 5% for all other fees.
  • In addition to the measures mentioned above, Mitch has taken the following actions to protect commercial tenants:
  •     Helped lead a unanimous vote to waive late fees on rent.
  •     Extended eviction protections and the payback period to three months for commercial tenants. The ordinance pertains to all Angelenos, regardless of immigration status.
  •     Approved an amendment to the COVID-19 related renter protections that allow tenants a Right of Action to sue landlords who ignore and maliciously violate any of the city’s protections during the pandemic.
  •     Won unanimous support for his resolution that calls on Congress to include rent and mortgage relief paired together in the next federal package, including extending payment or forgiveness assistance to renters and property owners impacted by COVID-19.
  •     Instructed a review of all federal and state legislation pertaining to emergency aid, with the goal of providing additional assistance by the City to ‘fill the gaps’ in aid for immigrant and undocumented Angelenos.

 

This work is in addition to Council action taken to assist residential tenants in the 13th District and across the City of Los Angeles. For a complete summary of protections for Angelenos, please visit CD13.com.