How SF Can Get a $10,000 Grant You Don’t Have to Pay Back
Mayor London Breed announced this week that the next round of funding, with $6.5 million in grants and loans for small businesses, sole proprietors, and independent contractors. To date, the City has identified $15.5 million in grants and loans to support small businesses.
This $6.5 million includes $1.5 million for the San Francisco’s Small Business Resiliency Fund and $5 million for the Hardship Emergency Loan Program (SF HELP) in the form of grants and 0% interest loans to support over 300 small businesses
How to apply for aid: Interested small businesses can visit oewd.org/covid19/business to learn more about how to apply for SF HELP and the San Francisco Resiliency Fund program.
Our small businesses and their employees have been hit hard by COVID-19 and we’re doing everything we can to support them. Today we announced the next round in funding, with $6.5 million in grants and loans for small businesses, sole proprietors, and independent contractors. https://t.co/PE3cPXNLLJ
— London Breed (@LondonBreed) June 4, 2020
Do you own a business with 0-5 employees? * RE-OPENED *
The City has established a COVID-19 Resiliency Fund to offer emergency grants of up to $10K for small businesses impacted by the pandemic. 128 small businesses from 29 neighborhoods across the City were awarded grants in Phase One. A new phase of the program is now open. Sole-proprietors without employees are now eligible to apply.
This program is funded by generous donations to the Give2SF COVID-19 Response and Recovery Fund ♡ Give2SF a public-private partnership. Contribute here.
Resiliency Fund Eligibility
✺ 0-5 full-time equivalent payroll employees * NEW *
✺ Must be a for-profit business with an SF license or permit
✺ Less than 2.5M in gross receipts
✺ Evidence of at least 25% loss of revenue in a 30-day period
✺ Applicant must be low-income * NEW *
Note: The eligibility criteria for Phase Two has changed to better reach vulnerable small businesses who may not have received other government funding: (1) business owners with no employees are now eligible, and (2) applicants must be low-income. Awardees will be chosen through a lottery system and a portion of the funds will be reserved for businesses reopening in San Francisco Phases 2C and 3, as well as businesses operating for five or more years.
Apply * REOPENED *
Beginning May 25, the program is reopened. To apply, click here.
All eligible applicants to the prior Phase One (March 12-29) as well as to the City’s Neighborhood Mini-Grant program will be automatically re-entered in Phase Two.
Need Help?
Call us at 415-554-6134 or email investSF@sfgov.org
