Riverside Small & Micro Business Grant Program

Additional Details

Riverside Small & Micro Business Grant Program The Riverside Small & Micro Business Grant Program is designed to support local small business resiliency with grant awards of up to $25,000 for qualified businesses. In addition to direct financial support, all applicants will have the opportunity to participate in a FREE one-on-one Strategic Planning Consultation to identify opportunities for improvement and build customized strategies to increase financial stability, long-term sustainability, and capacity for success. Phase 1 – Incubate Competitors will propose solutions that substantially increase the amount of recovered critical materials from e-scrap used in U.S. manufacturing. Up to 10 winners will receive $50,000 in cash and $30,000 in national laboratory analysis support. Phase 2 – Prototype Competitors will prototype their innovation and begin collecting and/or generating data that can be used to optimize technoeconomic strategy and life cycle impacts between partners along the recycling value chain. Winners will receive $150,000 in cash and $120,000 in national laboratory analysis support. Phase 3 – Demonstrate Competitors will begin implementing their innovations and propose their plans to scale their solution. Phase 3 winners will receive $600,000 in cash.

Eligible Applicants

Additional Requirements

Eligibility Criteria: Program eligibility criteria includes, but is not limited to the below: Business consists of under 50 Employees Business is located within Riverside city limits Annual Gross Revenue is $10,000 - $2,500,000 Business is small and/or home-based business Able to demonstrate COVID financial impact Business is active with valid business license Business in Operation Prior to 01/01/23

Geographic Eligibility

Riverside