Orange County / Inland Empire SBDC California Dream Fund Training Program
The California Dream Fund Grant Program (CDFG or Dream Fund) offers microgrants of up to $10,000 to support entrepreneurship and small business creation in underserved groups facing capital and opportunity gaps. This one-time $35 million grant program is designed for businesses started in California on or after July 1, 2019. To qualify, businesses must complete a small business training program provided by the OCIE SBDC.
Award Range
Not specified - $10,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
Your business is eligible for the opportunity to apply for the California Dream Fund if: Business must be located in Orange, Riverside or San Bernardino County Business must have started on or after July 1, 2019 Complete all trainings of an approved OCIE SBDC training program Has begun one-on-one consulting with OCIE SBDC Receive appropriate licenses and permits to start the business in the state of California Complete California Dream Fund Approved business plan Must have a “qualifying event” that starts the business Must be formally registered to do business in Orange, Riverside, or San Bernardino County Businesses can start the program without being registered but must be able to show proof of registration prior to being referred for a grant. Business registration must have occurred on or after July 1st, 2019. Entities must also demonstrate they are “in business” by having completed one of the following: Has made their first sale Has hired at least one employee, or Has created a business banking relationship, or Has spend money on business expenses (this includes legal and accounting fees) Must attend a “How to Complete the California Dream Grant” webinar Businesses can start the program without being registered but must be able to show proof of registration prior to being referred for a grant. Business registration must have occurred on or after July 1st, 2019. Entities must also demonstrate they are “in business” by having completed one of the following: Has made their first sale Has hired at least one employee, or Has created a business banking relationship, or Has spend money on business expenses (this includes legal and accounting fees) Must attend a “How to Complete the California Dream Grant” webinar Has made their first sale Has hired at least one employee, or Has created a business banking relationship, or Has spend money on business expenses (this includes legal and accounting fees) Must attend a “How to Complete the California Dream Grant” webinar Must agree to complete periodic surveys sharing business performance data. Must not have been employed by the Norcal SBDC Network or one of its centers in the past 18 months or be immediate family of an employee. Must not have received a Dream Fund Grant being offered by another entity. For more information, visit Orange County Inland Empire Small Business Development Center.
Geographic Eligibility
Orange County , Riverside County , and San Bernardino County
Application Opens
Not specified
Application Closes
Not specified
Grantor
Orange County Inland Empire Small Business Development Center
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