What is the Economic Opportunity Grant Program?
- The LA County Department of Economic Opportunity (DEO) will disburse over $54 million across 6,800 grants for small and microbusinesses and nonprofit agencies through the new Economic Opportunity Grants Program (EOG), prioritizing the most COVID-impacted regions and organizations in LA County. Eligible grantees may be awarded between $2,500 and $25,000 in a phased roll out through the EOG.
- The EOG combines the California Microbusiness COVID-19 Relief Grant with four American Rescue Plan Act (ARPA) grant programs – Keep LA Dining, LA Regional COVID-19 Relief Funds for Small and Microbusinesses, LA Regional COVID-19 Relief Funds for Nonprofits, and Youth Workforce Development Partnerships.
- DEO has partnered with Lendistry to create the application portal and L.A.’s Small Business Development Centers (SBDCs) to provide outreach and application assistance. SBDC has further contracted with small, hyperlocal organizations to ensure the EOG reaches those that need the grant relief most to recover from the pandemic.
Application Details and Instructions
- The EOG will launch in two phases, prioritizing early grants for our smallest and most vulnerable microbusinesses under $50k in revenue in phase 1. DEO will launch the phase 1 application for microbusiness grants, funded by the State, on January 25. DEO will then launch the phase 2 application for small and microbusinesses and nonprofits funded by ARPA on February 23.
- Phase 1: Microbusinesses ($2,500 per grant) - Phase 1 is for microbusinesses and will open on January 25, 2023, and stay open for at least 30 days or until funds are expended. Eligible microbusinesses must have less than $50,000 in annual gross revenue and be in County of Los Angeles including the City of Los Angeles. All other eligible businesses and nonprofits can apply in Phase 2.
- Phase 2 will continue to include micro business throughout the County and will expand to small businesses and nonprofits on February 23, 2023, and run at least through May 20, 2023, or when available funds are expended.
To apply, visit grants.lacounty.gov
View the Economic Opportunity Grants (EOG) Fact Sheet for more information