Resource spotlight

Grants, Loans, and more

  • Employee Retention Tax Credit (Ongoing)
    • Receive up to $26,000 per employee for 2020 and 2021. Businesses need to meet only one of three eligibility requirements. Startup businesses (1st sale on or after February 18, 2020) are eligible to receive up to $100,000 in employee retention credits. There are only 4 documents needed to apply. Contact us to determine your eligibility!
  • GetVirtual Cal State Monterey Bay (Ongoing)
    • CSUMB connects business owners with college students to provide free support with developing and maintaining and online presence. The program helps with website development, implementation of e-commerce platforms, online payments, and delivery services. They also train the business to maintain their new online platform. Register on their website. 
  • Childcare and Development Infrastructure Grant Program (Apply by January 31, 2023)
  • California Competes Tax Credit Program (Opens 01/03/2023)
    • $120 million in tax credits for 2022-2023 fiscal year for businesses that relocate to or stay and grow their business in California.
  • California Dream Fund (Ongoing)
    • $10,000 microgrants available for entrepreneurs that complete the outlined training program. Cal Coastal SBDC and El Pajaro CDC are the two state-approved agencies that can conduct the educational component of the program. Cal Coastal SBDC offers the educational component online and in English only. El Pajaro CDC offers the educational component in-person and online as well as both in English and Spanish. 
  • Work Opportunity Tax Credit (Ongoing)
    • Federal tax credit available to employers who hire ad employ individuals from certain targeted groups who have face significant barriers to employment. See the full list of targeted group categories on their website.
  • The Supplier Clearinghouse (Ongoing)
    • Get certified as a woman-owned, LGBT-owned, minority-owned, disabled veteran-owned, and persons with disabilities-owned business. City, County, State, and Federal agencies have specific contracts set-aside for minority-owned businesses. Getting certified helps you qualify for these contracts and can facilitate future grant and loan applications. 

Closed programs

  • Comcast RISE (Closed October 14, 2022)
    • Multi-year marketing support and training for majority minority-owned businesses. Business must be within Comcast Business or Effectv service area.
  • Restaurants Care Resilience Fund (Ended)
    • $3,000 grants for brick-and-mortar restaurants. Must be a PG&E customer. See website for more details.