Microbusiness Grant Program by Alex Turner

Attention small business owners! The Riverside County Microbusiness Grant Program is offering a grant reward to microbusinesses located in Riverside County that were affected by the COVID-19 pandemic. All microbusinesses and entrepreneurs can see if you meet the following requirements for the grant award:

– Microbusiness must be located in Riverside County.

– Must be a microbusiness with LESS than $50,000.00 in revenues in the 2019 taxable year.

– Microbusiness must have fewer than five (5) employees, including sole proprietorships and independent contractors, in the 2019 and 2020 taxable years.

– Microbusiness must be currently active or have a clear plan for the reopening of the business.

– Microbusiness must have been significantly impacted by the COVID-19 pandemic.

– Microbusiness must have been in operation prior to December 31, 2019.

– Grant funds are not available to businesses that have previously accessed the California Small Business COVID-19 Relief Grant Program.

– The business owner must be the majority-owner and manager of the business and is the owner’s primary means of income in the 2019 taxable year.

Please note that a business engaged in any activity that is illegal under federal, state, or local law; restricts patronage for any reason other than capacity; casinos/gambling establishments, adult-entertainment related businesses, or cannabis-related businesses are NOT eligible for funding.

Applications will not be considered complete without the following documents and proof of eligible expenses totaling the calculated award. Please have the following documents ready to upload to the application:

– Signed W-9 (https://www.irs.gov/pub/irs-pdf/fw9.pdf)

– Government-issued Photo Identification (State, Domestic or Foreign)

– Document that includes the business owner’s name that matches the business name (for example, a local business permit or license, bank statement, tax return, trade account, or third-party verification).

– ACH-Bank Routing Information (bank name, address, account number, and routing number – to be uploaded through our secure site). If needed, please contact your bank for support in identifying your routing information.

If your application is selected to move forward in the process, you will be required to provide your 2019 and 2020 tax returns.

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