City of Inglewood Small Business Champions Economic Opportunity Grant

Application Deadline: Friday, September 22, 2023



What is the Champions Grant?

The City of Inglewood has launched a small business grant program, to award up to $4 million using the American Rescue Plan Act (ARPA) funds. The City of Inglewood Small Business Champions Economic Opportunity Grant will support the recovery and stabilization of local small businesses impacted by the COVID-19 pandemic.

Grant Amount

This one-time grant of up to $20,000 will fund small businesses in the City of Inglewood impacted by the pandemic. Priority consideration will be given to small disadvantaged businesses, which include minority-owned, women-owned, and veteran-owned businesses, as well as businesses that operate in Qualified Census Tracts (QCTS). There is a limited allocation of funds available for this Program; therefore, depending on the number of businesses that apply, it is possible that not all eligible businesses can be assisted. Applying for funding is not a guarantee of receipt of funding.

Timeline Extension – September 22, 2023 The application window for the Inglewood Small Business Champions Economic Opportunity Grant opened on July 24, 2023. The application period will now close at 11:59 pm on Friday, September 22, 2023. 

Understanding the continued challenges small businesses face due to the lingering effects of the COVID-19 pandemic, we are announcing an extension of the application window for the Champions Grant. This extended timeframe aims to provide small business owners with additional time to submit applications, ensuring that those in need can access the support they require.

Only complete application submissions will be considered. Completed applications will be reviewed, and grant funding will be awarded based on program criteria and eligibility requirements. Successful applicants will be notified via email if they have been approved and will begin receiving their grants awards by mid-November 2023.
 

Eligibility Requirements

  1.  Business must be located and operating within the boundaries of the City of Inglewood (address cannot be a P.O. Box or an address that leads to a Shipping Center as the physical location.
     
  2.  Businesses must have been in operation before March 15, 2019 and must currently be in operation to participate in this program. Businesses that were not in operation before March 15, 2019, and are not currently in operation are not eligible to participate in this program.
     
  3.  Businesses must have a current City of Inglewood Business Tax Certificate

  4.  Businesses must have a current City of Inglewood business license, if applicable. Businesses that have closed or canceled licenses are not eligible for the   Program.

  5.  Eligible businesses must have experienced financial hardship due to the COVID-19 pandemic. Businesses must be able to provide supporting evidence of the alleged financial hardship and be willing to self-attest under penalty of perjury that the business experienced financial hardship.
     
  6.  Businesses must have an “ACTIVE” status with the CA Secretary of State.

  7.  For businesses with multiple locations, only employment and revenue figures for the Inglewood location(s) can be used to qualify for a grant under this Program. All grant funds received must be used only to support Inglewood business operations. Multiple locations within the City of Inglewood operating under a single business entity will be considered one business for the purpose of this Program.

The following businesses are not eligible:

  • Businesses that are not located and actively operating in the City of Inglewood
  • Gambling facilities
  • Liquor stores
  • Cannabis businesses
  • Franchise businesses that are not independently owned and operated within the City of Inglewood limits
  • Businesses engaged in any activity that is illegal under federal, state, or local law
  • Businesses not in operation at the time of application or award
  • Passive businesses are not eligible. These include rental properties, vending machines, investment companies, investors who file a Schedule E on their personal tax returns, or any business in which the owner does not actively participate
  • Landlords and property managers
  • Businesses primarily engaged in political or lobbying activities
  • Financial businesses primarily engaged in the business of lending, such as banks, finance companies, investment institutions, and insurance companies
  • Businesses engaged in any socially undesirable activity or activity that may be considered predatory such as check-cashing businesses

 

Required Documentation

  • Current City of Inglewood Business Tax Certificate
  • Current City of Inglewood Business License, if applicable. If a current license is not available, the expired business license with proof of renewal payment made may be acceptable
  • Filed Business Tax Returns for the tax years 2019, 2020, and 2021
  • Start-up businesses must have received a City of Inglewood business license no later than March 15, 2019
  • Economic Impact Statement
  • Submit a copy of one Government-issued form of ID for business owners/principals to verify identity. Examples of eligible forms of ID include the following:

    • Valid Driver’s License
    • Birth Certificate
    • State-issued Identification Card
    • Military Identification Card
    • Passport or Passport Card

Contact

If you have questions about the City of Inglewood Small Business Champions Economic Opportunity Grant, please contact:
Inglewood Economic Development Department
310.412.5106
ChampionsGrant@cityofinglewood.org  



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