From Monday, May 24, 2021, through Friday, May 28, 2021, eligible small businesses impacted by COVID can apply for $10k grants as the City of Murrieta kicks off Round 3 of its Back-to-Business Grant program. To broaden its reach, the City is keeping applications open for a week and asking businesses to submit financial forms with the application. If qualified requests are greater than available funds, the City will hold a lottery.
As with the first two rounds of grants, businesses must have 15 or fewer employees, excluding the owner, and show a need for funding. More than half of the employees must have incomes at or below 80% of the local median. Currently, that is $40,250 for an individual or $57,450 for a family of four. Visit www.MurrietaCA.gov/businessgrants for additional information.
“Small businesses are the heart of our community, and they are among those hardest hit by the COVID economy,” says City Manager Kim Summers, “We take pride in our ability to work with and for local business by connecting them with resources and bringing creative solutions like this grant program to the table.”
The City’s Back-to-Business grant program currently operates with existing, re-programmed Community Development Block Grant (CDBG) funds. This allows the City to provide business support without affecting its General Fund. This round will distribute $70k to eligible businesses that have not previously received a City Back-to-Business Grant. Twenty-five businesses have already received Back to Business grants during the first two rounds.
For more information on the City’s small business grant and County loan programs, please visit www.MurrietaCA.gov/businessgrants, email [email protected] or call Scott Agajanian at 951-461-6003.
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