Bakersfield

Bakersfield extends financial support opportunity to local micro-enterprises | News – Bakersfield, California

Bakersfield, California 2021-02-22 14:14:00 –

Bakersfield continues its efforts to support SMEs during the COVID-19 pandemic and has partnered with Access Plus Capital to make financial support available to micro-enterprise in the city.

According to a news release from the city, the Micro-enterprise ReSTART grant program will provide $ 70,000 with grants ranging from $ 3,500 to $ 5,000 to qualified micro-enterprise defined as having up to five full-time employees. Offers.

According to the city, online application for the ReSTART grant program will begin Wednesday at 8 am. The grant will be awarded to approved companies by March 19th.Companies interested in applying should visit accesspluscapital.com Click “COVID-19 Relief Fund”.

The city said these grants could be used to pay employee vacations, payroll expenses such as family and sick leave, and working capital such as insurance, rent, consumables and materials, and utilities.

According to a news release, the grant will cover companies that have never received other disaster relief funds from initiatives such as the Paycheck Protection Program, the Small Business Association Economic Injury Disaster Relief Loan, and the City of Bakersfield’s B-CARES program. It is targeted.

The micro-enterprise ReSTART grant program is funded by the Community Development Block Grant Coronavirus Fund, the city said.

Bakersfield extends financial support opportunity to local micro-enterprises | News Source link Bakersfield extends financial support opportunity to local micro-enterprises | News

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