Helping Small Business Grow
NDC’s Grow America Fund is a national small business (SBA 7a) lending program designed to catalyze job creation in the communities we serve in California. With Preferred Lender status granted by the Small Business Administration, we work with you to understand your business needs and help you to grow and expand your business.
Huntington Beach COVID-19 Small Business Micro-Grant Program
Businesses will be awarded grants in the amount of $5,000 by lottery through the Huntington Beach COVID-19 Small Business Micro-Grant Program. The grant program is funded with $648,000 in federal CARES Act funding received from the County. All grant funds are being provided to Huntington Beach small businesses to reimburse them for operational costs impacted by COVID-19 restrictions. The City will begin accepting applications beginning April 5th.
Los Angeles County Small Business Rent Relief
Utilizing American Rescue Plan (“ARP”) Act of 2021 funds, Los Angeles County is launching the Small Business Rent Relief Project (“SBRR”). The National Development Council (NDC) as Subrecipient shall assist the County in administering and deploying up to $7.5 million in ARP Act funds to provide rental assistance to qualified small businesses tenants in unincorporated areas of Los Angeles County of up to $40,000 who have been unable to pay rent due to the COVID-19 pandemic. Project funds shall be paid directly to the qualified small business tenant to pay for past rent due during the time period of March 4, 2020, to the present. Applications are now being accepted until November 24, 2021 at 5 pm PST.
Santa Cruz County Revolving Loan Funds
NDC Economic Development Lending offers flexible lending to small businesses throughout Santa Cruz County. We provide COVID-19 Emergency Loans up to $50,000 and Recovery & Growth Loans up to $1 million.
Other Available Programs:
Grow Long Beach Fund, Grow Inglewood Fund, Grow Salinas Fund, Grow Santa Cruz Fund, Grow Seaside Fund, Long Beach Micro-Enterprise Fund, LACDA Recovery Loan Program, Long Beach Small Business Reopen Grant, Long Beach Small Business Transition and Technology Grant, Long Beach EDA RLF Emergency Loan Program, Long Beach EDA RLF Recovery Loan Program, Salinas CDBG Small Business Grant Program