GrantExec

City of Santa Ana Small Business Incentive Program

This program provides financial assistance and support to new small businesses in Santa Ana, helping them thrive during their first three years of operation.

$5,000
Active
Grant Description

The City of Santa Ana Small Business Incentive Program offers financial grants and technical support to new businesses located within Santa Ana. This program is designed to assist businesses during their first three years of operation, helping them establish and grow in the local economy. Funded by the Community Development Block Grant (CDBG) Program through the U.S. Department of Housing and Urban Development (HUD), the program provides grants ranging from $1,000 to $10,000 based on business type and location. To be eligible for this grant, your business must be located in Santa Ana and have been operating for no more than three years at the time of application. The program targets microenterprises, defined as for-profit businesses with five or fewer employees including all owners. Your business must hold a valid and active Santa Ana Business License along with either a Certificate of Occupancy for commercial locations or a Home Occupation Permit if home-based. Income eligibility is also required; both you as the business owner and your household members aged 18 or older must meet income limits set at 80% or below the Orange County median income according to HUD guidelines effective April 2024. This ensures that support is directed toward small business owners who may benefit most from financial assistance. Grant amounts vary depending on your business setup: up to $5,000 is available for businesses with a commercial, industrial, or office location, while home-based businesses can receive up to $2,500. All expenses funded by this grant must be documented with receipts as proof of use. Applicants are also required to complete a free business consultation through the Orange County Inland Empire Small Business Development Center (OCIE SBDC). This consultation aims to provide additional guidance and resources tailored to help your business succeed. For ongoing access to funding opportunities without deadlines and further details on application requirements, visit the City of Santa Anaโ€™s official website dedicated to this program. This grant can provide essential support as you build your new enterprise in Santa Anaโ€™s community.

Funding Details

Award Range

Not specified - $5,000

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Small businesses
For profit organizations other than small businesses

Geographic Eligibility

Santa Ana

Key Dates

Application Opens

May 15, 2024

Application Closes

Not specified

Contact Information

Grantor

City of Santa Ana

Email

Phone

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Categories
Business and Commerce
Science and Technology
Community Development
Housing
Arts

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