In order to support small business employers facing financial impacts and potential layoffs from the novel coronavirus 2019 (COVID-19), Monterey County Workforce Development Board has established the COVID-19 Small Business Grant Fund. The fund will provide grants to small employers experiencing economic stresses in order to prevent potential layoffs or facility closures during COVID-19. Monterey County Workforce Development Board has designated $47,000 of Workforce Innovation and Opportunity Act Rapid Response Layoff Aversion Funds to this project, with an additional round of funding after July 1, 2020.
Eligibility
Eligible applicants include businesses or industry associations that:
• Have a business location in Monterey County (NOTE: funds may only be utilized for Monterey County locations)
• Have 50 employees or less
- Are up-to-date on Unemployment Insurance (UI) taxes and are in good standing with the state of California, to be submitted via attestation on the grant application
- Can demonstrate a need to prevent layoffs which would occur due to the impacts of COVID-19
Funding Availability
• Businesses with 1-25 employees are eligible for total grant funding of $1,500
• Businesses with 26-50 employees are eligible for total grant funding of $2,500
