Bloom ~ Small Business Grant Program

The application for this program is now closed.

 Spring is upon us and we want to help small businesses bloom in times of crisis.

With a generous donation from a local couple, we are launching the Bloom- Small Business Grant Program to provide financial support to local, small businesses impacted by COVID-19 in the cities of Long Beach, Lakewood, Seal Beach, and Los Alamitos.

Eligible business owners can apply during open application windows. Those who meet the eligibility requirements listed below will be entered into a pool of eligible applicants to be randomly selected. 20 grant recipients will be awarded $5,000.

We look forward to assisting small businesses through this program. We welcome you to share this opportunity with your network.

Eligibility

Eligibility Requirements

  • Located in the city limits of Long Beach, Lakewood, Seal Beach, or Los Alamitos.

  • Consist of a brick-and-mortar business (serving the neighborhood in which they’re located, where customers can come in or pick up from).

  • 20 employees or less.

  • Provide evidence of a profitable business pre-COVID (verified by tax returns).

  • Have annual revenue of between $30k and $3M.

Please note, Ineligible Businesses:

  • Professional service businesses (i.e. law offices, marketing agencies, accounting firms, etc.).

  • Medical offices (i.e. dental, optometry, etc.).

  • 50% or more B2B.

  • Home-based businesses.

  • 100% e-commerce companies.

  • Gig-economy workers.

  • 1099 independent contractors.

  • Business involved with the sales of cannabis, tobacco, liquor, adult entertainment, or firearms.

  • Nonprofits, political or religious organizations.

Application Window

Opens: Thursday, April 1st at 9:00am

Closes: Wednesday, April 7th at 11:59pm

Notifications: Monday, April 12th

Grant Size

Grant Amount

$5,000

Number of Grants to be Awarded

20

Does the grant need to be repaid?

No. Grants do not need to be repaid.

Process

Application

Complete the short application below and upload the following documents to be entered into our grant lottery.

Required Documents

  • Copy of current City business license

  • Copy of your 2019 Tax Return

Selection

Those who meet the eligibility requirements will be entered into a lottery. On the designated selection day, grant recipients will be randomly selected from this pool via lottery.

Apply Today

Frequently Asked Questions

  1. Q : Do I have to pay back this grant?

    No, if you are awarded a grant you do not have to pay it back.

  2. Q : Do I qualify if I am a business owner with no employees?

    Yes, you would qualify for this grant program.

    Still have additional questions?

    Please email info@tmccommunitycapital.org