California’s $500 Million Small Business and Nonprofit Grant Program Second Round Application Window is Open, Lendistry Announces

2 Feb 2021


LOS ANGELES, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Lendistry, the leading fintech Community Development Financial Institution (CDFI) and the intermediary of the $500 million California Small Business COVID-19 Relief Grant Program managed by California’s Office of the Small Business Advocate (CalOSBA), announced that the Program’s second grant application period opened today, February 2, and will continue until February 8 at 6 p.m. PST.

Grants range in size from $5,000 to $25,000. Lendistry urges small businesses and nonprofits that did not apply in the first round to visit to find information on grant requirements, eligibility and application assistance. Lendistry has assembled a statewide network of partners, consisting of fellow mission-based financial institutions as well as small business advisory and technical assistance providers. Lendistry’s network, along with State-supported small business centers, is available to support applicants.

For first round applicants who were not selected to move forward, no action is necessary. All completed first round applications automatically will be evaluated again, with priority given to regions and industries impacted by the COVID-19 pandemic, disadvantaged communities and underserved small business groups. All applications will be considered and prioritized based on impact.

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