Economic Opportunity Holiday Grants

The Economic Opportunity Holiday Grant is a financial aid initiative aimed at supporting small businesses, microentrepreneurs, food industry enterprises, and nonprofits in Los Angeles County that have been financially impacted by the COVID-19 pandemic. Grants of $3,000 or $5,000 are available for eligible entities. Applicants must sign a pledge to support local businesses on shoplocal.la before applying. Applications will be accepted from November 30, 2024, at 9 a.m. to December 31, 2024, at 5 p.m. Completed applications can be submitted via email to EOHG@pacela.org or dropped off at the program's office in Los Angeles. Eligible applicants include businesses in good standing with local, state, and federal taxes, and nonprofits providing housing, food, transportation, or other community services. Businesses must demonstrate financial losses due to the pandemic, such as revenue declines, supply chain disruptions, or increased costs for public health compliance. Nonprofits and for-profit entities must meet specific revenue thresholds and operational requirements. Certain entities, such as publicly traded companies, lobbying firms, and businesses violating state or federal laws, are ineligible. Grant funds can be used for various purposes, including purchasing certified equipment or technology, paying employee payroll, renewing local permits, covering business debts incurred due to COVID-19, and managing outstanding expenses like rent. Funds may also address costs resulting from health and safety adaptations or interruptions caused by the pandemic. The application requires detailed information about the business, including ownership, type, revenue, location, and impact of COVID-19. Applicants must certify that their submissions are accurate and that their business was affected by the pandemic. Incomplete or falsified applications may result in disqualification. Entities meeting eligibility criteria will be contacted to submit supporting documentation for verification. The program explicitly prohibits funds from being used by businesses involved in gambling, adult entertainment, or activities contravening state or federal regulations. Applicants are encouraged to review the full guidelines available on the grant's website for additional details.