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Background and Purpose
Seeing the need of local businesses in the wake of the Thomas Fire and Montecito Debris Flow events, Women’s Economic Ventures, in partnership with Wells Fargo, has developed the Business Recovery Grant Program to provide small businesses with $5,000-$10,000 grants, as well as training and consulting, to help them recover from the economic impacts of these natural disasters. Grant funds should be used to support a business’ recovery efforts (e.g. revenue re-acquisition through a specific marketing campaign, investment in upgraded website, revenue diversification, investment in increasing financial resilience and risk management).
To be eligible for a Business Recovery Grant, businesses must:
Preference will be given to applicants who meet Wells Fargo’s definition of a diverse small business: a small business owned by someone who is female, Hispanic, Latino, Black or African American, Asian, American Indian or Alaska Native, Native Hawaiian or Other Pacific Islander, Multiracial, a veteran, or LGBT.
October 8th – 15th: Information sessions held
October 16th: Application period opens (application made available)
November 16th: Application deadline
December 4th: Grant awards announced
December 31st: Grant agreements signed and funds disbursed
All documents below must be submitted online or mailed/delivered in person to a WEV office by 5pm on November 16, 2018. Incomplete applications will not be accepted.
◊ Completed grant application form (Click here to download a fillable version of the application)
◊ 2016 and 2017 business tax returns (personal returns will be accepted in lieu of business returns)
◊ 2017 and 2018 (as of June 30th) business financial statements (balance sheet and profit and loss statement)
◊ Copy of driver’s license or other government-issued I.D.