The Pasadena COVID-19 Disaster Small Business Relief Fund is a collaboration between the Pasadena Community Foundation, the City of Pasadena, and the Pasadena Chamber of Commerce to assist small businesses in recovering from the economic impact of the COVID-19 crisis and resulting business closures. It is intended to augment federal, state and local aid in supporting Pasadena businesses and sustaining the local economy.
In March 2020, the City of Pasadena issued a Shelter-In-Place Order intended to slow the spread of COVID-19 in the community. As a result, many small businesses were compelled to close their doors for up to three months, and businesses that remained open experienced a dramatic drop in revenue. The Pasadena COVID-19 Disaster Small Business Relief Fund will provide grants of $10,000 to street level, storefront retail businesses. Once awarded, grant funds may be used for business-related operational costs, including COVID-19-related expenses and compliance.
The Pasadena COVID-19 Disaster Small Business Relief Fund has been established at the Pasadena Community Foundation, which will administer the fund and assist in developing the application and selection process in partnership with the Chamber of Commerce. The City of Pasadena has seeded the fund with an initial gift of $500,000 with the goal of assisting 50 or more small businesses. The City has also provided an incentive for private philanthropy to support this effort by offering to match any donations to the fund up to $250,000, creating a potential for $1 million in assistance. The Fund will accept donations from individuals, businesses, and foundations.
Applications will be accepted from June 26, 2020 at 5:00 p.m. to July 10, 2020 at 5:00 p.m.
CLICK HERE for grant application and guidelines.